Triant Receives Order for New Raw Wafer Production Application of ModelWare



    VANCOUVER, June 20 /CNW/ - Triant Holdings Inc. (TSX: TNT) reports that
it has received an order from a new customer in Southeast Asia for the
implementation of its ModelWare FDC (Fault Detection & Classification)
software to a raw wafer production application. This will be Triant's first
application of ModelWare to the raw wafer production sector.
    A key element of Triant's strategy is to seek new applications for
ModelWare outside the fabrication of integrated circuits as a basis for future
growth and diversification. The Company has previously installed successful
new applications of ModelWare in flat panel display manufacturing and
photomask sectors. This new order is a further step towards a more diversified
installed base from the Company's continuing primary focus on the
semiconductor industry.
    Robert Heath, President & CEO of Triant commented, "Although this is not
a large order, we are encouraged to see tangible results from another of the
new applications for ModelWare that we have been developing in recent years.
It demonstrates further opportunity to broaden our customer base and develop
additional sources of future revenue."

    About Triant Holdings

    Triant Holdings Inc. is a leader in equipment health monitoring, advanced
fault detection and sophisticated data analysis technology. Our primary
industry focus is the semiconductor industry where we provide innovative APC
(Advanced Process Control) software solutions that enable our customers to
improve their productivity and lower their manufacturing costs. To address the
market opportunity in the semiconductor industry, we have developed
ModelWare(R), a complete equipment health monitoring and advanced fault
detection software solution. Leading semiconductor companies are using
ModelWare to improve their competitive advantage in manufacturing integrated
circuits (ICs). The Company's ModelWare product provides a commercially
available, real-time, multivariate equipment health monitoring and advanced
fault detection software solution to the semiconductor industry, by virtue of
its technology, deployment experience and expertise in equipment health
monitoring and advanced fault detection principles and techniques. More
information about Triant is available via the Internet at www.triant.com.

    Forward-looking statements

    This news release contains forward-looking statements about Triant and
its business. Forward-looking statements are statements that are not
historical facts and are generally, but not always, identified by the words
"expects," "anticipates," "believes," "intends," "estimates," "projects" and
similar expressions, or that events or conditions "would," "may," "could" or
"should" occur. Forward-looking statements are based on the beliefs, opinions
and expectations of Triant's Management at the time they are made, and Triant
does not assume any obligation to update its forward-looking statements if
those beliefs, opinions or expectations, or other circumstances, should
change. Readers should not place undue reliance on forward-looking statements.
The forward-looking statements in this news release are subject to various
risks, uncertainties and other factors that could cause Triant's actual
results or achievements, including the outcome of any business process, to
differ materially from those expressed in or implied by forward-looking
statements. These risks, uncertainties and other factors include, without
limitation: the prospects for future growth and diversification of revenue
from new applications of ModelWare, the eligibility for continued listing on
TSX, the alternatives available for maintaining liquidity in a secondary
market, the prospects for success of any business process, the ability of any
business process to enhance shareholder value, whether or not any business
process will result in the consummation of a specific transaction, the ability
of Triant to overcome the hesitancy that Triant has noted among semiconductor
manufacturers to commit to major capital projects in light of the current
uncertain macroeconomic environment and the semiconductor industry slowdown in
particular, the ability of Triant to sustain operations and to continue as a
going concern, the ability of Triant to obtain additional working capital
financing in the near term, and the ability of Triant to raise additional
capital, which may be problematic given the current state of capital markets.

    %SEDAR: 00023157E




For further information:

For further information: Robert Heath, CEO; Mark Stephens, CFO, Triant
Holdings Inc., (604) 697-5090, mail@triant.com

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TRIANT HOLDINGS INC.

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