Montreal (Quebec), May 7, 2007 – The Company announces that it has concluded a private placement of CDN$ 1.9 million with a group of investors including members of the Board of Directors and the Company’s management team. The placement was publicly announced on April 12, 2007. The Company has issued 2,923,074 common shares at a price of $0.65 per share. Shares issued are subject to a 4-month hold period from the date of their issuance. Nstein’s new President and Chief Executive Officer, Luc Filiatreault, has participated to the placement for an amount of $422,500. Michel Lozeau, Chairman of the Board of Nstein, has invested $200,000. Richard Drouin and Michel Lavigne, presently Directors of the Company, have participated for an amount of $65,000 each.

"This is a clear vote of confidence from our Board of Directors and management team for which I am very pleased, declared Luc Filiatreault, President and Chief Executive Officer of Nstein Technologies. The Company enters into an intensive commercial phase of its Ntelligent Content Management (NCM) Suite. I’m excited to report that all our corporate, commercial and technological initiatives are now aligned to support this goal. "

Among the other participating investors are Giraffe Capital Limited Partnership ($250,000), a private investment fund, Viavar Capital ($250,000), a private equity firm chaired by André Courtemanche, candidate to Nstein’s Board of Directors, and Pierre Ducros ($50,000), previously Director of the Company. The remaining of the placement ($597,500) has been subscribed by several employees, members of the management team and business people.

The placement was done without an agent and proceeds will be used for general corporate purposes.

The Company also wishes to make a reminder that the annual meeting for Nstein Technologies shareholders will be held on Wednesday, May 23, 2007, at 10:30 a.m. EST at room Mackenzie of the Fairmount Queen Elizabeth in Montreal.

About Nstein Technologies

Nstein Technologies (TSX-V: EIN) develops and markets leading-edge content management software for the media, publishing and entertainment industries. Its Ntelligent Content Management Suite enables the centralization, enrichment and publication of textual and rich media assets using advanced text mining. Nstein helps publishers significantly increase their content monetization and reduce their operational costs through cross media publishing and multichannel delivery. Nstein is headquartered in Montreal, Canada, with offices in the USA and Europe. More information is available at www.nstein.com.

• The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
• Any statement that appears prospective shall not be interpreted as such.

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For more information:

Nstein Technologies Inc.:
Investor Relations

Bruno Martel
Chief Financial Officer
Nstein Technologies Inc.
Tel: 514 908-5406
bruno.martel@nstein.com


Media

Rina Marchand
Marketing Manager
Nstein Technologies Inc.
Tel: 514 908-5406
rina.marchand@nstein.com