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Montreal, Quebec, October 30,
2006 – Nstein Technologies Inc. (TSX-V: EIN), a leader
in multilingual text mining and information access solutions,
today announced the signature of a contract with Transcontinental
Media, Canada’s largest publisher of consumer magazines.
This important deal involves the deployment of Nstein’s
Ntelligent Content Management (NCM) Suite to allow Transcontinental
to optimize the publication and administration of over 20
online information portals. NCM will also power a collaborative
web-based publishing platform featuring advanced text-analytics
tools and fed by multiple content sources, namely Transcontinental’s
various publications.
Developed in partnership with European-based Eurocortex, NCM
Suite will make online searches easier and faster for Transcontinental
portals, using a series of powerful semantic analysis tools.
The comprehensive portal reengineering project will kick off
with Canadian Living (www.canadianliving.com),
one of the most popular mainstream websites in the country.
“This investment proves once again how committed we
are at Transcontinental Media to heightening online visibility
and better serving our users and advertisers, as outlined
in our Evolution 2010 business plan,” said
Zouhaire Sekkat, Vice President, Digital Media at Transcontinental
Media. “NCM Suite is one of the most comprehensive and
innovative solutions on the market. It will help us maximize
the value of our product by providing more content more quickly
to our users and to better serve their research-related needs.
With its vast experience with the worldwide online publishing
industry, Nstein is the ideal partner to deploy this type
of solution.”
Mario Girard, Chairman and Chief Executive Officer of Nstein
Technologies, said: “Licensing Ntelligent Content Management
Suite to a publisher of Transcontinental’s calibre clearly
shows the industry how compelling our solution is. We are
proud to be able to work with Transcontinental to optimize
their operational processes and help them achieve a faster
time-to-market for their products.”
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.
About Transcontinental Media
The fourth-largest print media group in Canada, with more
than 3,000 employees and annual revenues of $555 million
in 2005, Transcontinental Media is the country's leading publisher
of consumer magazines and of French-language educational resources
as well as being the largest publisher of community newspapers
in Eastern Canada. It publishes the weekday daily Métro
in Montreal, owns a number of digital business units, and
is also, through Publi-Sac, Quebec's leading door-to-door
distributor of advertising material.
Transcontinental Media is a subsidiary of Transcontinental
Inc. (TSX: TCL.A, TCL.B), which has more than 14,000
employees in Canada, the United States and Mexico and reported
revenues of C$2.2 billion (US$1.9 billion) in 2005.
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For Information:
Nstein Technologies Inc.
Investor Relations
Bruno Martel
Finance Director
Nstein Technologies Inc.
Telephone: (514) 908-5406, ext. 235
bruno.martel@nstein.com
Media
Rina Marchand
Marketing Manager
Nstein Technologies Inc.
Telephone: (514) 908-5406, ext. 294
rina.marchand@nstein.com
Transcontinental Inc.
Media
Jake Brennan
Media Relations Coordinator
Transcontinental Inc.
Telephone: (514) 954-4000
jake.brennan@transcontinental.ca
Financial Community
Stéphane Milot
Director, Investor Relations and
External Communications
Transcontinental Inc.
Telephone: (514) 954-2821
stephane.milot@transcontinental.ca
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