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American Express Purchases Xenos d2e Platform

(EMAILWIRE.COM, February 01, 2001 ) Toronto, ON., - Xenos (TSE: XNS), the data to e-content companyÔ, announced today that the American Express Company has signed an agreement to purchase components of the Xenos d2e PlatformÔ. The agreement is valued at approximately CDN $300,000, and includes additional annual maintenance and professional service revenues of approximately CDN $50,000.

The Xenos d2e PlatformÔ is e-business infrastructure technology that enables large companies to transform business-critical legacy data and documents, such as statements and bills, into e-content formats, including XML, HTML and PDF, for presentment on the Internet. This helps reduce cost, speeds time to market and enhances competitiveness in the digital economy.

Glen Manchester, President and Chief Executive Officer of Xenos, said: "This agreement with a world-leading global travel, financial and network services provider is excellent validation of our technology and professional services offerings. As today's large businesses evolve into e-businesses, Xenos is transforming their mission-critical data and documents into e-content, enabling them to implement e-business strategies in Internet time."

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About Xenos
Xenos (TSE: XNS, www.xenos.com) develops software solutions that transform legacy data and documents into e-content for delivery on the Web. Xenos' solutions are deployed by large 'bricks and mortar' organizations in key industry sectors, including banking and financial services, insurance, telecommunications and utilities. The company has corporate headquarters in Toronto, Canada, supported by global sales, marketing, product development and customer support. Xenos' leading-edge software is used by alliance partners, such as IBM, and systems integrators and ASPs (application services providers) to provide total e-business solutions to customers.

For further information please contact:

Barry Monk
Vice President, Marketing
Xenos
Tel: 1 (905) 709-1020
Email: bmonk@xenos.com

Contact Information:
Xenos
Joseph Nchor
Tel:
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