Financial Times Newssift.com Relies on Nstein to Power Text Mining



    
    TME indexes more than 80k articles daily, yields most relevant search
    results
    

    MONTREAL, June 22 /CNW Telbec/ - Nstein Technologies Inc., www.nstein.com
(TSX-V: EIN), a leader in digital publishing solutions for newspapers,
magazines, and online content providers, announced today that Newssift, a
business insight tool launched by FT Search Inc., and an independent entity
within the Financial Times Group, has launched its beta powered by Nstein's
TME (Text Mining Engine).
    Newssift provides business professionals access to a comprehensive
database of millions of articles from thousands of global business news
sources. A next generation vertical search tool, Newssift searches are based
on meaning and relationships to enable business users to extract insight and
discovery without the commercial clutter of traditional keyword search. To
index and extract all entities (the people, places and organizations) of more
than 80,000 articles a day, FT Search conducted an exhaustive evaluation of
vendors, and chose Nstein because of both its technology and professional
services group.
    "Nstein proved that it had both the most robust technical solution -- and
service professionals who were willing to work with enthusiasm to become an
extension of the FT Search team," said Robin Johnson, CEO of Newssift.
"Newssift is free and supported by advertising, and will plan to add a premium
subscription service soon. We have a number of advertisers lined up to sponsor
and are planning to deliver contextually matching ads to content - at a
premium," stated Johnson.
    "FT is the most recognized brand in financial information," said Luc
Filiatreault, President and CEO of Nstein Technologies. "By creating a
platform whereby they can aggregate financial news, categorize it and tag it,
FT Search is poised to being a critical resource for those who value timely
and relevant financial insight and information.
    Nstein Technologies is the online provider of choice for many of the
world's leading media companies, including: Financial Times, Cedrom-SNI,
Hearst Newspapers, Reed Business Information, Scripps Network, Bonnier
Corporation and Transcontinental Media.

    About Nstein Technologies Inc.

    Nstein Technologies (TSX-V: EIN) develops and markets multilingual
solutions that power digital 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, Text Mining Engine and Picture
Management Desk products. www.nstein.com

    
    -   The TSX Venture Exchange does not accept responsibility for the
        adequacy or accuracy of this release.

    -   The financial value of the contract, on an individual basis, is not
        financially material to the affairs of Nstein Technologies Inc. The
        specific financial terms of the contracts can not be disclosed since
        knowledge of these transaction terms could represent a significant
        loss of competitive advantage to the Company as competitors would
        gain access to its pricing model. The Company believes that the
        disclosure of agreements by means of a press release is necessary to
        demonstrate the ability of the Company's technology to meet the
        requirements of its potential clients in the publishing, media and
        entertainment industries. Further, the completion of these types of
        agreements demonstrates the ongoing ability of the Company to capture
        an increasing share of this market and generate market acceptance for
        its products.

    -   Any statement that appears prospective shall not be interpreted as
        such.
    
    %SEDAR: 00014563EF




For further information:

For further information: Nstein Technologies Inc.: Investor Relations:
Bruno Martel, Chief Financial Officer, Nstein Technologies Inc., (514)
908-5406, bruno.martel@nstein.com, Media: David Crouy, Marketing Director,
Nstein Technologies Inc., (514) 908-5406, David.Crouy@nstein.com

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NSTEIN TECHNOLOGIES INC.

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