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EZENET SELECTED AS TECHNOLOGY PARNTER FOR CAPTIVA FINANCEContract Strengthens Canadian Market Position and Supports Growth
Strategy TORONTO, ONTARIO (April 26, 2001) - Ezenet Corp. (TSE:EZE), today announced that it has been selected as an exclusive technology partner for Captiva Finance Ltd., a provider of vendor finance solutions. Under the initial contract, Ezenet will develop and implement ASPcredit, Captiva's automated financing origination and processing platform. Captiva will market ASPcredit to vendors and Ezenet will provide software and processing on an ASP basis. EZENET FIRST QUARTER REVENUE GROWS 251% OVER PREVIOUS YEAR- Performance for Core Canadian Business Remains Strong TORONTO, ONTARIO (April 26, 2001) - Ezenet Corp. (TSE:EZE), today announced its financial results for the first quarter ended March 31, 2001. Revenue for the first quarter grew 251% to $3,002,000, up from $854,000 during the comparable prior year period. On a sequential basis, revenue grew by 6.3% over the previous quarter, representing the 5th period of consecutive quarterly growth. Net loss for the first quarter of $531,000 compares to a loss of approximately $48,000 during the corresponding period in 2000. Net loss per share was $0.03 for the first quarter of 2001 versus a loss of $0.01 for the same period in the last fiscal year. EZENET TO PROVIDE CIBC WITH ENHANCED WEALTH MANAGEMENT TECHNOLOGYTORONTO, ONTARIO (April 24, 2001) - Ezenet Corp. (TSE:EZE), a provider of customer-centric wealth management technologies for the global financial services industry, announced today it has been selected as a technology partner by the Canadian Imperial Bank of Commerce. As part of a multi-year, $2.5 million contract, Ezenet will develop, deploy and host software to efficiently process CIBC's Retirement Income Fund (RIF) and Life Income Fund (LIF) portfolios. EZENET REPORTS RECORD REVENUES FOR 2000Annual Revenue up 143% over 1999; Quarter over Quarter revenue growth continues in Q4 TORONTO, ONTARIO (March 9, 2001) - Ezenet Corp., (TSE:EZE) a provider of customer-centric wealth management technologies for the financial services industry, today announced its results for the fourth quarter and year ended December 31, 2000. EZENET CLOSES FITECH INC. ACQUISITIONTORONTO, ONTARIO (February 5, 2001) - EZENET Corp. (TSE:EZE) today announced that it has completed the previously announced acquisition of privately held Fitech Inc., a developer of web-based financial planning software. EZENET ANNOUNCES BOARD APPOINTEETORONTO, ONTARIO (January 29, 2001) - Haron Ezer, Chairman of EZENET Corp., (TSE:EZE) a leading wealth management solutions and software provider for the financial services industry, is pleased to announce the appointment of Nicholas R. Miller to the EZENET Board of Directors. EZENET TO ACQUIRE FITECH INC.Acquisition expands EZENET's product offerings to include financial planning and sales technologiesTORONTO, ONTARIO (January 11, 2001) - EZENET Corp. (TSE:EZE), a leading developer of wealth management solutions for the financial services industry, today announced that it has entered into an agreement to acquire privately-held Fitech Inc., a profitable, Toronto-based developer of web-based financial planning software. EZENET SIGNS DEVELOPMENT AND LICENSING AGREEMENT WITH CALGARY-BASED AMA FINANCIAL SERVICES LTD. AND BRIDGEWATER FINANCIAL SERVICES LTD.TORONTO, ONTARIO (December 5, 2000) - EZENET Corp. (TSE:EZE), a leading business solutions and integrated technology provider for the financial services industry, announced today that AMA Financial Services Ltd. and Bridgewater Financial Services Ltd. (AMA / Bridgewater) - Calgary based lending institutions - have agreed to acquire a license for two of EZENET's mortgage solutions - Mortgage Manager (MM) for mortgage administration, and Mortgage Backed Securities (MBS) for securitization. EZENET CORPORATION ANNOUNCES THIRD QUARTER RESULTSRevenue Up 152% Over the Same Quarter Last YearTORONTO, ONTARIO (November 15, 2000) - EZENET Corp. (TSE:EZE), a leading business solutions and integrated technology provider for the financial services industry, today announced its results for the third quarter ended September 30, 2000. The Company’s progress on a number of initiatives is summarized below. EZENET ANNOUNCES NEW MANAGEMENT STRUCTURE TO DRIVE GROWTHTORONTO, ONTARIO (November 17, 2000) - Haron Ezer, Chairman of EZENET Corp., (TSE:EZE) a leading business solutions and integrated technology provider for the financial services industry, today announced two new senior management appointments. Effective immediately, Jay Cashmore has been appointed President and Chief Executive Officer and Kasra Meshkin has been appointed Chief Technology Advisor of EZENET. EZENET ANNOUNCES NEW INTERNET AND WIRELESS CONNECTIVITY PLATFORMNEW PLATFORM PROVIDES QUICKER TIME TO MARKET FOR FINANCIAL SERVICES APPLICATIONSTORONTO, ONTARIO (October 17, 2000) - EZENET Corp. (TSE:EZE), a leading business-to-business software and integrated technologies provider specializing in banking and wireless solutions announced today the unveiling of its new banking connectivity development platform, EZENET One Step Connectivity Platform. EZENET ANNOUNCES NORMAL COURSE ISSUER BIDTORONTO, ONTARIO (October 2, 2000) - Ezenet Corp. (the "Corporation" or "Ezenet") announced today that The Toronto Stock Exchange has accepted Ezenet's notice to make a normal course issuer bid (the "Bid") to purchase, from time to time, as it considers advisable, up to a maximum of 690,000 of its issued and outstanding Common Shares for cancellation. These purchases will be made on the open market through the facilities of The Toronto Stock Exchange. The price which Ezenet will pay for any shares purchased by it will be the prevailing market price of such shares on The Toronto Stock Exchange at the time of such purchase. EZENET ACQUIRES WEALTH MANAGEMENT SOLUTIONS INC.EZENET TECHNOLOGIES NOW DEPLOYED IN ALL OF CANADA'S SCHEDULE 1 BANKSTORONTO, ONTARIO (September 7, 2000) - EZENET Corp. (TSE:EZE) today closed the previously announced acquisition of Wealth Management Solutions Inc. (WMSI), a Toronto-based software development company. The acquisition of WMSI is the second of recent acquisitions made by EZENET since raising $50 million in special warrant financing earlier this year. EZENET OPENS U.S. HEAD OFFICE
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