Highlights:

• 45% increase in revenues compared to Q3 2006
• Growing number of European and North American clients
• Working capital of $8.1 million
• 84% reduction in EBITDA loss

Montreal, Quebec, November 8, 2007 – Nstein Technologies Inc. (TSX-V: EIN) today announced its results for the third quarter of 2007.

Nstein’s revenues in the third quarter reached $4.1 million, an increase of 45% over the $2.8 million recorded a year earlier. Nstein posted a loss before financial expenses, income taxes on earnings, depreciation, amortization, exchange loss and restructuring fees (EBITDA) of $84,025, compared to $536,526 the year before, a reduction of 84%. The net loss amounted to $291,195 or $0.008 per share, as opposed to $1,043,755 or $0.033 per share for the third quarter of 2006.

“I’m pleased to report that Nstein is pursuing the execution of its business plan and continuing to make important inroads into the e-publishing market—as confirmed by the signing of contracts in Q3 with organizations such as Gesca Digital, a subsidiary of Gesca, Canada’s largest French news group; News International, the UK subsidiary of News Corporation; and ImpreMedia, the number-one Hispanic online and print news and information company in the US,” said Luc Filiatreault, President and Chief Executive Officer of Nstein Technologies. “By ramping up our prestigious client roster with 14 new major media organizations signed since the beginning of 2007 and expanding our relationship with existing clients such as Groupe Moniteur and Groupe La Provence, we are further reinforcing Nstein’s position in the market.”

During the third quarter, Nstein accelerated the deployment of the required infrastructure for full-fledged customer delivery and customer care processes and systems, thus ensuring that the Company can support its rapidly growing client base. Also in the third quarter, Nstein concluded a $3-million private placement that significantly increased the Company’s working capital, which now stands at $8.1 million.

At the forefront of the e-publishing industry

Nstein’s focus on delivering the most comprehensive and innovative online publishing solutions to newspapers, magazines and online content providers is also reflected in the Company’s new branding and website (www.nstein.com), which incidentally was developed using Nstein’s WCM (Web Content Management) solution.

“Our strategy at this point is clear: to rapidly become the dominant player in powering online publishing. Media and press companies are currently investing in their organizations to catch up with and recapture revenues from growing online advertising budgets. Nstein provides a complete content management framework to transition from a paper-centric to a dynamic digital approach so that these organizations can fully leverage new online revenue opportunities and better manage their digital assets,” Filiatreault concluded.

To see the complete version of the press release with financial tables, click here.

About Nstein Technologies Inc.

Nstein Technologies (TSX-V: EIN) develops and markets multilingual solutions that power online publishing for the most prestigious newspapers, magazines, and content-driven organizations. Nstein’s solutions generate new revenue opportunities and reduce operational costs by enabling the centralization, management and automated indexing of digital assets. Nstein partners with clients to design a complete online strategy for success using publishing industry best practices for the implementation of its Web Content Management, Digital Asset Management and Text Mining Engine products. 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