News and Events

Nstein Technologies modifies its incentive plans

2008-03-27

Montreal, March 27, 2008 -Nstein Technologies Inc. www.nstein.com (TSX-V: EIN), a leader in online publishing solutions for newspapers, magazines and online content providers, modifies its incentive plans and grants stock options to some officers and employees.

Amendments to the Company's incentive plans

The Board of Directors has approved today amendments to the Stock Option Plan, the Employee Share Purchase Plan, and the Deferred Share Units Plan. The modifications, which notably intend to increase the number of shares that may be issued under each of these plans, are subject to the approval of the TSX Venture Exchange and ratification of the shareholders at the next Annual Meeting. Thus, the Stock Option Plan sees the number of shares increased at 5,100,000 which represents 10% of all issued and outstanding shares (the previous number was 3,143,000); the Employee Share Purchase Plan is now constituted of 1,275,000 shares, which represents 2.5% of all issued and outstanding shares (compared to 945,363); finally, the Deferred Share Units Plan, which now allows the Directors to be compensated with shares, provides that 1,275,000 shares, which represents 2.5% of all issued and outstanding shares, may be issued under this plan. The other suggested modifications to the Company's incentive plans are detailed in the Management Proxy Circular which will be sent to the shareholders for the next Annual Meeting. These amendments bring the total number of shares which may be issued under all incentive plans of the Company to 7,650,000, representing 15% of all issued and outstanding shares.

Stock Option Grants

The Board of Directors approved today the grant of 715,000 stock options to some officers and employees of the Company at a price of $1.02 per share.

About Nstein Technologies Inc.

Nstein Technologies (TSX-V: EIN) develops and markets multilingual solutions that power online 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 and Text Mining Engine products. 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.

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For more information:

Nstein Technologies Inc.:
Investor Relations

Bruno Martel
Chief Financial Officer
Nstein Technologies Inc.
Tel: 514 908-5406
bruno.martel@nstein.com

Media


Rina Marchand
Marketing Manager
Nstein Technologies Inc.
Tel: 514 908-5406
rina.marchand@nstein.com

Renmark Financial Communications Inc. :

Maurice Dagenais: mdagenais@renmarkfinancial.com
Josh Rivard : jrivard@renmarkfinancial.com
Media - François Trépanier : ftrepanier@renmarkfinancial.com
Tel.: (514) 939-3989
Fax: (514) 939-3717
www.renmarkfinancial.com