Montreal, Quebec, March 1, 2006 — Nstein Technologies Inc. (“Nstein”) (TSX-V: EIN), a leader in text mining and multilingual information access solutions, today announced the signing of a contract with the Canadian division of Staples, the world's largest office products company. Nstein’s machine translation solution will help the company improve associate collaboration, knowledge sharing and productivity across language barriers.
“Our thorough evaluation process led us to choose Nstein Technologies because of the quality of its solution, its extensive knowledge of multilingual information management solutions, as well as its commitment to getting it right,” said Al Ward, Vice-President, Human Resources, Staples Business Depot.
Staples will enjoy many benefits by deploying Nstein’s machine translation solution, including seamless and secure integration within Staples’ existing email infrastructure, complete support for translation of emails and attachments¯from English into French and vice-versa¯as well as the possibility to extend automated translation to other Staples business processes in the future. The solution, based on the IBM* WebSphere Translation Server*, is enhanced by Nstein to address Staples-speak.
“We’re proud to provide tools that support Staples’ initiative of improving collaboration and productivity among its staff,” stated Mario Girard, Chairman and Chief Executive Officer of Nstein. He added that, “Multilingual knowledge sharing within such a large workforce is extremely strategic. It is even more so when global organizations¯like Staples¯need to comply cost-effectively and in real-time with local language laws in countries with more than one official language.”
About Nstein Technologies
Nstein Technologies (TSX-V: EIN) develops and markets leading-edge software solutions for analyzing vast amounts of unstructured data in virtually all languages. Nstein’s linguistic-based platform collects, organizes, analyzes, cross-examines, shares and translates data from any source, in real time. Nstein’s text mining and multilingual information access solutions transform reactive decision-making into a high-impact proactive and even predictive process, and solve mission-critical problems. Nstein has developed tailored solutions for clients in e-publishing and homeland security & intelligence markets, as well as for large enterprises and government organizations. The Company is headquartered in Montreal, Canada, with offices in the United States and Europe. More information is available at www.nstein.com.
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For more information:
Nstein Technologies Inc.:
Investor Relations
Robert Barakett
Executive Vice-President and Chief Financial Officer
Nstein Technologies Inc.
Tel: 514 908-5406
robert.barakett@nstein.com