Montreal, Quebec, July 26, 2004 – Nstein Technologies Inc. (TSX-V: EIN), an emerging leader in software solutions for unstructured data identification and management, announced today that it has signed two agreements with Time Inc. for software solutions and professional services that will provide a master taxonomy and data categorization of the Time Inc. editorial archive. Time Inc. is a subsidiary of Time Warner Inc. and the publisher of several well known magazines including Time, Fortune and Sports Illustrated.
“Nstein solutions will be a component of the ongoing development and organization of our master archive. Their products and services will help us deliver accurate and useful search results,” said Time Inc.’s Mitchell Klaif, VP of Global Magazine and Internet Technology.
“We are very proud to have been selected by Time Inc. after a thorough selection process,” said Mario Girard, Chairman and CEO of Nstein. “Both agreements are significant business opportunities for Nstein to provide Time Inc. with the potential to leverage Nstein’s software solutions and professional services.”
About Nstein Technologies
Nstein Technologies, (TSX-V: EIN), an innovative software development company, provides large corporations and organizations with a Global Intelligent Information Management (GIIM) platform for structured and unstructured multilingual data sources. This flexible platform assimilates, organizes, analyzes (text mining), shares and disseminates all information essential to operational and decision-making processes. Nstein’s GIIM-based solutions provide decision-makers with highly pertinent information and transform reactive decision-making into a proactive and even predictive process. Nstein offers new Business Intelligence (BI) solutions that create a new level of global knowledge, accessible at any time, particularly suited to e-publishing, finance, legal, government and homeland security markets. Nstein is based in Montreal, Canada with a customer-facing presence in Boston, San Francisco, Washington D.C. and New York. For more information, please visit our website at www.nstein.com
About Time Inc.
A subsidiary of Time Warner Inc., Time Inc. is the leading magazine publisher in the world. Its more than 134 magazines reach a total audience of more than 300 million. One in two U.S. adults reads a Time Inc. magazine each month. Time Inc. has a rich heritage of journalistic excellence and integrity dating back to the founding of Time magazine in 1923.
Time Warner Inc. is a leading media and entertainment company, whose businesses include interactive services, cable systems, filmed entertainment, television networks and publishing.
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