Nstein Technologies Acquires Eurocortex, a Leading Web Content Management Software Provider

Paris (ots/PRNewswire) -

- A Strong Value-Added Integration Reinforcing the Software
Offering for European Press and Media Organizations

Highlights

- Nstein acquires European-based Eurocortex and becomes leading
provider of semantic-driven asset and web content management
solutions for the publishing, media and entertainment industries

- Eurocortex's portfolio of 30+ major European
publishers-including Agence France Presse, the Hachette group and Le
Monde group-and Nstein's client roster-featuring Getty Images,
ProQuest, VNU eMedia and Transcontinental Media-combine to create an
unbeatable publishing industry portfolio

- Eurocortex's President, Bruno Génuit, to helm Nstein's European
operations as General Manager and Eurocortex founder, Jean-Michel
Texier, to lead Nstein's NCM Product Management as VP Product
Evolution

- Transaction valued at $1.4 million CAD - a combination of $0.5
million CAD in cash and issuance of 1,013,152 common shares of Nstein
at a price of $0.85 CAD per share to Eurocortex shareholders

Nstein Technologies Inc. (TSX-V: EIN) today announced that it has
acquired Eurocortex, a leader in content management solutions for the
publishing, media and entertainment industries. Eurocortex's
comprehensive platform for asset and web content management enables
publishers to better manage their digital assets and streamline their
web publishing processes. Nstein's award-wining text mining software
and Eurocortex's CMS platform now constitute a fully integrated
solution for the publishing and media industries called Ntelligent
Content Management (NCM) Suite. The solution is already being
deployed by leading Canadian publisher Transcontinental Media in the
re-engineering of its numerous information portals.

Mario Girard, Chairman and Chief Executive Officer of Nstein
Technologies, declared: "Eurocortex is the perfect complement to
Nstein's solutions. Together, both technologies fully answer
publishers' critical need to migrate their content to web platforms
and increase their online advertising revenue streams. Thanks to our
new cutting-edge solution and both companies' outstanding track
records in the publishing industry, Nstein is poised to gain
significant market share and consolidate its leadership in the
digital asset management and web content management sector."

Bruno Génuit, President and General Manager of Eurocortex, added:
"This agreement propels our technology into an exciting new chapter
and brings tremendous benefits to our actual customer base. In
addition to being able to continue to take advantage of Eurocortex's
core expertise in content management, our clients can now enjoy
access to Nstein's advanced text mining and semantic search
technologies. As a member of the Nstein group, we're uniquely
positioned to help global and regional publishing organizations shift
from a paper-centric business model to a dynamic digital strategy."

As part of its integration scheme, Nstein will be welcoming
Jean-Michel Texier, founder of Eurocortex, to its team as VP Product
Evolution. Texier brings to the table his extensive knowledge of the
content management market and the media and publishing industries.

Under the terms of this arm's-length transaction, Nstein has
acquired all of the outstanding common shares of Eurocortex in
exchange for $0.5 million CAD in cash and 1,013,152 newly issued
shares at a price of $0.85 CAD per unit, for a total value of $1.4
million CAD. A portion of the shares issued is subject to a
24-month voluntary escrow agreement.

About Ntelligent Content Management Suite (NCM)

NCM Suite enables the management, enrichment, publication and
monetization of digital content using a series of powerful semantic
analysis tools. In addition to significantly reducing operational
costs, NCM enables publishers to increase their online revenue
streams by ensuring maximum cross media use of their digital assets.
The NCM Suite leverages cutting-edge Web 2.0 publishing channels such
as RSS newsfeeds as well as community-building tools such as blogs,
forums, surveys and commenting features to ensure website stickiness
and strong brand management strategies.

About Eurocortex

Eurocortex (www.eurocortex.fr) is based in Toulouse, France, and
specializes in designing software for content management and
automated website generation. The company strives to manage websites
in an autonomous, sustainable and economical way. Eurocortex's
flagship product, Intelligent Content Manager (ICM), is a powerful
suite made up of independent modules that, combined together,
optimize the document production line as well as document publishing
processes. Eurocortex enjoys a large customer base in France and has
a very strong presence within the publishing industry. Eurocortex's
most recent customers include Le Monde group, Hachette, Bayard
Presse, the French press agency AFP, Radio France, Le Point, the
Moniteur group and Afnor.

About Nstein Technologies

Nstein Technologies (TSX-V:EIN) develops and markets leading-edge
software solutions for analyzing vast amounts of unstructured data in
virtually any language. Nstein's text mining and information access
solutions transform reactive decision-making into a high-impact
proactive and even predictive process. The Company is headquartered
in Montreal, Canada, with offices in the United States 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.

ots Originaltext: Nstein Technologies Inc.
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For more information: Nstein Technologies Inc.: Investor Relations,
Bruno Martel, Chief Financial Officer, Nstein Technologies Inc., Tel:
+1-(514)-908-5406, bruno.martel@nstein.com. Media, Michel Lemay, VP
Marketing, Nstein Technologies Inc., Tel: +1-(514)-908-5406,
michel.lemay@nstein.com


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