Montreal, April 2, 2001 – The President and Chief Executive Officer of nStein Technologies Inc. “nStein” (Mtl: EIN), Mario Girard, today announced the sale of the nMediaServer software user license to CEDROM-SNi. The sales contract constitutes nStein’s first for its nMediaServer.

The transaction between nStein and CEDROM-SNi is worth approximately $220,000. As nStein’s first customer, CEDROM-SNi received a discount of some 20% off the price of the nMediaServer user license (included in the $220,000). The cost of the license varies according to the functionalities selected by the customer.

The announcement follows the partnership agreement signed in January between nStein and CEDROM-SNi, which allowed CEDROM-SNi to test the nMedia Server and evaluate its potential. Just two months later, CEDROM-SNi decided to acquire a user license for the product.

“The test period allowed us to evaluate the overall potential of the nMediaServer,” stated François Aird, President of CEDROM- SNi. “Given the volume and complexity of the work we expected nStein’s product to handle, our experts truly put all aspects of the software to the test. The fact that we are announcing our purchase of the user license today demonstrates the extent to which we have confidence in this product.”

CEDROM-SNi, Canada’s largest news aggregator, classifies, indexes and transfers to its databases more than 4,500 articles per day in English and French. The nMediaServer has allowed the company to significantly accelerate indexation, improve the precision of database processing and greatly enhance the quality of its archiving.

“We are extremely pleased to have signed this first sales contract with CEDROM-SNi,” said Mr. Girard, President and CEO of nStein. “The sale constitutes a key strategic step in nStein’s development. In stating its confidence and satisfaction with the nMediaServer, CEDROM-SNi has confirmed the quality and value of our technology. There’s no question that the agreement will facilitate our current and future sales efforts.”

The nMediaServer: an application of unparalleled efficiency and precision

The nMediaServer is an intelligent tool, which categorizes large volumes of unstructured text, classifies them automatically and summarizes them using a unique technology of unparalleled precision and reliability. The tool is designed for electronic information managers and distributors, a market estimated to be worth some US$1 billion.

There is an increasingly pressing need for intelligent tools such as the nMedia Server. Companies are becoming submerged under volumes of news items that flow in from multiple sources. This information must be efficiently managed and distributed, for a news story’s value decreases with each hour that passes. With the solutions offered by nStein, it is now possible to intelligently and rapidly process this information flow with extreme precision.

About nStein Technologies

nStein Technologies is a public company listed on The Montreal Exchange since June 2000. It develops and markets innovative business solutions based on linguistic intelligence.

It is now estimated that the growing rate of Web pages is 7 million a day and the rate of emails 10 billion a day. The demand for intelligent tools to manage this exponential growth of electronic texts has therefore become increasingly urgent. nStein technology distinguishes itself by its efficiency and its unrivalled precision to analyse, classify and organize large volumes of documents in pertinent order, in several languages. nStein currently markets its technology to the information management industry. NStein is now positioning its cutting-edge technology to address the rapidly growing needs of the portal, “CRM” and e-Marketplace markets.

About CEDROM-Sni

CEDROM-SNi is Canada’s leading news aggregator on the Internet and one of the largest distributor of electronic information products. It was founded in 1988 and became a partner of Transcontinental Group in 1996. Through its Eureka.cc, Newscan.com and Europress.com portals, it distributes the content of more than 60 information sources in Canada and Europe, the most prominent being La Presse, Le Devoir, Les Affaires, the National Post and the Toronto Star (Canadian content), as well as Le Monde and Libération (European content). CEDROM-SNi also works with major media and communication groups, the Quebec and Canadian governments and a number of publishers to manage and distribute their content in electronic format.

The company, which is headquartered in Montreal, has offices in Ottawa, Toronto, Moncton and Paris, and currently has about 100 employees. Its operations are international in scope, extending from France and Belgium to Mexico and Latin America.

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