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To: Tom who wrote (96)	1/17/2002 6:12:00 PM
From: Tom	of 104

THIS NEWS LOOKS PROMISING Basis100 to Acquire 100% of EFA International Inc. Symbol: BAS Industry: MLM Subject: TNM News release via Canada NewsWire, Toronto 416-863-9350 -ME- Attention Business/Assignment Editors: EFA provides a platform for international expansion in 36 countries TORONTO, Jan. 17 /CNW/ - Basis100 Inc. (TSE:BAS), an e-commerce technology solution provider for the financial services industry, today announced that it has agreed to purchase 100% of the shares of EFA International Inc., a leading provider of trading, clearing and settlement technology solutions to a number of segments in the global financial services markets. This transaction is effective immediately, subject only to regulatory approval. Consideration for the transaction is a combination of cash of $6.4 million (CDN) together with 2.7 million shares of Basis100. In addition, Basis100 may issue up to 5.6 million additional shares, based on EFA achieving aggressive revenue and EBITDA performance targets over the next two fiscal years. This issuance of the performance-related shares will be formally approved by the shareholders at the next AGM. EFA was founded in 1985 and has since grown to provide and implement its solutions for more than 53 exchanges and depositories in 36 countries on four continents. EFA is a major provider of securities trading and clearing and settlement systems all over the world. Its products and services are used for end-to-end trade processing, settlement and clearing, and for key components of exchange trading systems. EFA provides exchanges with leading edge securities software and has expanded to provide systems to other market participants, such as investment dealers and electronic markets. "We are fortunate to acquire a company with the foundational strength, the promise, the relationships and the stature of EFA. As with the purchase of Solimar.Net in 2000, we were looking for a company with a complementary product suite and a proven record of selling and servicing into markets new to Basis100 -- EFA meets those requirements. Due to the recent market conditions, EFA became available as an acquisition for Basis100 with a value proposition that would not have been possible a year earlier," said Basis100 CEO and president, Gary Bartholomew. "Having exceeded our prescribed targets for the past several quarters, Basis100 has a very strong foundation on which to leverage EFA's technologies, recurring revenues and customer relationships. By acquiring EFA, Basis100 now has an international footprint -- getting us closer to our goal to be a significant player in the global financial community." Basis100 intends to obtain a significant share of the financial services marketplace worldwide over the next five years. To accomplish this in a multi- billion dollar market, a number of significant acquisitions will be required. The EFA transaction is an example of such an acquisition, intended to significantly increase revenue and EBITDA, while providing internal synergies that will strengthen the business activities of the core businesses of both Basis100 and EFA. EFA has invested heavily in the development of new products over the past several years in order to take advantage of a significant positive change in the nature of its markets. With a prescribed requirement to faster settlement processes, the industry will require the kind of technology available from EFA to meet those needs. Given the investments made by EFA in the past, and the marketing, sales, and research and development support to be provided by Basis100, EFA is uniquely positioned to be the global leader in its marketplace. "We are very excited about the opportunities this acquisition brings to both EFA and Basis100," said David Ewasuik, chairman and CEO of EFA. "Basis100 understands the intricacies of trading technology and has the expertise to work with us to take our technology to the next level. Many of our customers are moving towards adopting a transaction-based solution, similar to Basis100's model, over the next few years. We look forward to both sales teams working together to sell current Basis100 and EFA technologies around the world." "This acquisition will provide significant benefits to the shareholders of Basis100," said Bartholomew, "We expect revenues and EBITDA to increase significantly as a result of this transaction. Just as the revenues generated by Basis100 have been highly predictable from an existing customer base, EFA, too, has clear visibility in that a significant percentage of its projected revenue will come from current and committed customers. Moreover, the nature of EFA's technology is that it becomes deeply entrenched in its customers and therefore customer longevity tends to be significant." Subject to regulatory approval, David Ewasuik will join the Basis100 Board of Directors. Conference Call Information Gary Bartholomew, CEO and chairman, and Lance McIntosh, CFO, of Basis100 Inc. will hold an open conference call to review the company's recent acquisition of Calgary-based EFA International on Friday, January 18, 2002 at 9:00 a.m. (EST). All interested parties can access the conference call (listen only mode) over the Web by connecting through Basis100's Web site www.can.Basis100.com and clicking on "Investors/Conference Calls" to access the link or by calling in to the live call at 1-888-293-1201. A telephone post-view will be available until 11:59 p.m. (EST) January 25, 2002 by dialing 1-800-558-5253. Please enter the reservation number 20259935(number sign) or by visiting the corporate Web site at www.Basis100.com and clicking on "Investors/Conference Calls". About EFA EFA was founded in 1985 and has since grown to provide and implement its solutions for more than 53 exchanges and depositories in 36 countries on four continents. EFA is a major provider of securities trading and clearing and settlement systems all over the world. Its products and services are used for end-to-end trade processing, settlement and clearing, and for key components of exchange trading systems. EFA provides exchanges with leading edge securities software and has expanded to provide systems to other market participants, such as investment dealers and electronic markets. For more information about EFA, visit www.efasoftware.com. About Basis100 Basis100 is a leading e-commerce technology solution provider for financial institutions and service providers enabling them to build, distribute, buy and sell their products and services in new ways. Basis100 is focused on the mortgage origination, consumer credit, trading, clearing and settlement, and service vendor markets globally. For more information about Basis100, visit www.Basis100.com. Forward-looking (safe harbor) statement Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes", "plans", "expects" or "intends" and other statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. %SEDAR: 00002699E -0- 01/17/2002 /For further information: please contact: MEDIA RELATIONS - CANADA - Terri Muccilli-Oswald, Media Relations, Basis100 Inc., (416) 953-4936, tmuccilli-oswald(at)basis100.com; MEDIA RELATIONS - UNITED STATES - Cris Peters, Media Relations, Basis100 Inc., (404) 256-9767, cpeters(at)basis100.com; INVESTOR RELATIONS - Lance McIntosh, CFO, Basis100 Inc., (416) 364-6085 Ext 170, lmcintosh(at)basis100.com; INVESTOR RELATIONS - Scott Koyich, Investor Relations, Basis100 Inc., (403) 215-5979, skoyich(at)basis100.com/ (BAS.) CO: Basis100 Inc. ST: Ontario IN: MLM ECM SU: TNM

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To: Tom who wrote (98)	1/17/2002 6:13:56 PM
From: Tom	of 104

AND AN ARTICLE ABOUT THEIR "DYNAMIC" LEADER AS WELL: Published On: 01/24/2001 Calgary software firm automates exchanges around the world Story By: Mike Dempster He has hopscotched the world, signing million-dollar deals at the expense of competitors with international profiles and formidable resources. At times, he's been a one-man band drumming up business 14 time zones away with people who had never heard of Calgary. But David Ewasuik, soft-spoken president and CEO of EFA Software Services Ltd., found the secret to success. 'When you were small like we were, you had to make yourself look bigger," says Ewasuik. "We did it by building partnerships." Created from humble beginnings in 1985 when Ewasuik landed a contract to begin the electronic automation of the Alberta Stock Exchange, EFA has grown into a company with 165 employees, an annual growth rate of about 40 per cent and projected revenues of $25 million for 2001. Beginning in 1992 when EFA set up its first international stock exchange in Guatemala, the company has built or updated exchange systems in more than 30 countries across the world, from Boston to the Bahamas to Bucharest. Privately held, EFA plans to go public this spring with the intent of raising $20 million through an initial public offering. "We've always grown with cash flow in the past, which is a nice way to grow," says Ewasuik, the majority shareholder. 'But it has always restricted our growth. "What people are looking for are companies that have growing revenues and growing profits. We've always been profitable and always brought in revenue. We're attractive in that way." Ewasuik's company is the dominant force in automating the small and mid-sized stock exchanges, and the firm wants to set up beachheads in London and New York. Born in Kamsack, Sask., the 44-year-old father of two young boys says he never imagined he'd be running a multi-million-dollar company after arriving in Calgary in 1983 sporting a bachelor of commerce and computer science degree. Things just unfolded, he says. After receiving the ASE contract and consulting for a few years, Ewasuik became serious about taking on the international business set in 1989. He had seen the Berlin Wall come down and envisioned a world of opportunities. 'I asked myself: 'What's the worst thing that could happen if it fails? Nothing. I'd have some nice places to visit,' ' he says. Ewasuik and his small staff began laying the cornerstones of their international success - making themselves bigger through partnerships. EFA had the software know-how, but wondered how to get the ear of CEOs of exchanges in far-flung countries that wanted to build or upgrade a system. EFA devised a strategy. "He (the CEO) is going to contact hardware vendors like IBM," says Ewasuik, who had forged ties with IBM (now a shareholder in EFA). "So that was covered. And he's going to contact consultants who advise businesses. So we made sure we were well known to the people advising people. There are not too many people who do that in the world. So we made ourselves well known to them.' Consultants were brought to Calgary, and shown what EFA had done for the ASE. (About 80 per cent of the world's exchanges are smaller than the ASE, which merged with the Vancouver Stock Exchange to form the Canadian Venture Exchange in the fall of 1999.) Suddenly, says Ewasuik, EFA was on bidding lists, and winning contracts. Although Calgary is far from the major financial centres, it's proven to be an asset for EFA. The cost of doing business is cheaper, retaining staff easier and not taking orders from a head office elsewhere allows for flexibility, says Ewasuik. Employees feel they are 'the pulse' of the firm. Being the only company of its kind in Calgary certainly helps, adds chief financial officer Don Gleason, noting EFA monitors wages in the high-tech sector and is competitive. What EFA offers are two major packages: a trading package; and a clearing, settlement and depository registry package. In simple terms, the trading package allows a customer order to be typed in on a broker-backed office system that is connected to EFA's trading system. A message is then sent back to the broker, even while the customer is on the phone, that the order's been taken. The second package provides a registry of all shareholders of a stock, shows where a certificate of stock is deposited and provides that a central party guarantees payment. 'The two systems are connected, unlike many competitors who might have one or the other," explains Ewasuik. "You put your order in to sell. The system checks to make sure you're the real shareholder, and you've got the right amount. There are no mistakes . . . things happen faster." The company has created business spinoffs. Prism, a production and revenue accounting software package, is used by 30 of the top 100 oil and gas companies in Calgary. Last month, EFA made news by being chosen, in partnership with the Canadian Venture Exchange, to develop the computerized links between existing Canadian exchanges and new electronic stock markets expected to emerge in the near future. The goal of the system is to consolidate all quotes in one place, making investors aware of the best prices when they trade. EFA is diversifying - specifically in the over-the-counter sale of deregulated electricity. Again, it is forging alliances, this time with Scandinavian energy firms Vattenfall and Hafslund AS, involved in the over-the-counter business for 10 years, and U.S. electricity broker CALPOL. "We'd be the only clearing organization for electricity in the western U.S.A.," says Ewasuik, who expects the trading system operation to begin in the next few months. As for his game plan of "visiting" a lot of nice places, he just laughs. No one takes along golf clubs or sunscreen, he says. It's all business. 'If you go with the chief operating officer you find he likes to do five countries in three days," says Ewasuik. "I like to do one country a day."

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To: SAM-DAN who wrote (100)	3/5/2002 9:43:46 AM
From: Tom	of 104

Now the IRS signs on with Basis100! IRS Signs Contract with Basis100 for Automated Valuation Model (AVM), PASS The IRS will utilize PASS to determine an individuals ability to pay taxes through home equity TORONTO, March 5 /CNW/ - Basis100 Inc. (BAS:TSE), an e-commerce technology solutions provider for the financial services industry, today announced that the IRS has adopted Basis100's PASS product for assistance in determining an individual's equity in their real property. The PASS product will be used primarily when a taxpayer is requesting an "Offer in Compromise" for outstanding tax balances. While the "Offer in Compromise" program is not a new program, this process will be much faster and more efficient for both the IRS and the individuals involved. Prior to adopting PASS as its home valuator, the taxpayer was often burdened with having to seek out an independent appraisal. This process would normally take several days, as compared to 5 seconds for the PASS report. Basis100 has been providing valuation technology to the IRS since March of 2000 in a pilot program. The IRS identified measurable timesavings by utilizing AVM technology and determined that automated valuations could replace traditional appraisals in most cases. The IRS subsequently requested competitive proposals from companies to provide the technology on an ongoing contractual basis. "Our strategy is to provide technology solutions that can scale to just about any application," said Joseph Murin, COO, Basis100. "The IRS contract is evidence of this and more importantly, we now have a large government body outwardly validating automated home valuations, which will go a long way towards influencing overall industry adoption of AVMs." The IRS will receive an accurate valuation from the Basis100 web-centric valuation solutions which include a property's estimated highest and lowest reasonable value, the two most recent sale dates and prices, the last assessed value on the home and comparable sales information for three additional neighborhood properties. Provided the valuation is deemed acceptable by the IRS review, a traditional appraisal will not be necessary and the IRS can continue with the processing of the Offer in Compromise application. This is a one-year contract with four one-year option periods to be exercised at the discretion of the IRS. About Basis100 Basis100 Inc. is a global technology solutions provider, which enables businesses to build, distribute, buy and sell products and services in more efficient and innovate ways. Basis100's lines of business include: Lending Solutions for consumer credit, mortgage origination and processing; Data Warehousing and Analytic Solutions for automated property valuations, property data-warehousing and analytics support; and Capital Markets Solutions for fixed income and equities trading, and settlement and clearing. Our solutions are installed in over 36 countries and 5 continents around the world. For more information about Basis100, please visit www.Basis100.com. Forward-looking (safe harbor) statement Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes", "plans", "expects" or "intends" and other statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. %SEDAR: 00002699E

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To: Tom who wrote (101)	4/16/2002 8:44:56 AM
From: Tom	of 104

More news from the lonely voice of me...... SOURCE: Basis100 Inc. National Bank of Canada's Mobile Mortgage Sales Force Goes Live with HomeBASE(TM) National Bank's Mobile Sales Force is up and running, the second of the Big Six Banks TORONTO, April 16 /CNW/ - Basis100 Inc. (BAS: TSE), a technology solution provider for the financial services industry, announced today that National Bank of Canada has successfully implemented HomeBASE for its Mobile Mortgage Sales Force. All Mortgage Specialists will be fully implemented by April 18th 2002. The National Bank Mortgage Sales Force will now be able to use their laptops to create a mortgage application and transmit it electronically to National Bank's Mortgage Center for approval from a client's home or on the road. The HomeBASE application is connected to National Bank's own credit scoring system, as well as Canada Mortgage Housing Corporation and GE Mortgage Insurance Company, so that decisions can be made quickly and seamlessly without the need to re-key information into multiple systems. This allows the Bank's mortgage specialist to provide a faster response to the client and reduces the time and effort in processing the mortgage application. "Basis100's technology solution will increase efficiencies and service levels, allowing us to provide our clients with the quality of service they deserve", stated Nicole Dumont, Senior Manager Retail Credit Solutions of the National Bank of Canada, "We were impressed with the Basis100 team - they provided us with great support through our implementation process." The Bank's mortgage specialists will also have the ability to provide clients with various payment options and potential financing scenarios with calculation tools built into the HomeBASE application. The additional functionality available with the HomeBASE application will allow the mortgage specialist to track their prospects, referral sources, and manage their individual operations more effectively. "Yet another successful implementation, Basis100's solutions offer great value and flexibility to meet the needs of financial institutions in today's dynamic environment. We have a consistent delivery methodology and are quick to respond to our client's needs," stated Jeff Patterson, President Canada and International of Basis100 Inc. "We look forward to our next project with National Bank of Canada." About National Bank of Canada National Bank of Canada is an integrated financial group whose mission is to provide comprehensive financial services to consumers, small and medium- sized enterprises and large corporations in its core market, while offering specialized services to its clients elsewhere in the world. The National Bank offers a full array of banking services, including all the investment banking services required by large corporations. It is an active player on international capital markets and, through its subsidiaries, is involved in securities brokerage, insurance and wealth management as well as mutual fund and retirement plan management. Ranking sixth among Canada's chartered banks, the National Bank is the leading banking institution in Quebec and the bank of choice for independent businesses. It has branches in every province of Canada. Through its representative offices, subsidiaries and alliances, it is also represented in the United States, Europe and elsewhere in the world. Its assets now exceed $75 billion and, together with its subsidiaries, it employs over 17,000 people. The Bank's head office is in Montreal and its shares are listed on the Toronto Stock Exchange. About Basis100 Basis100 Inc. is a global technology solutions provider, which enables businesses to build, distribute, buy and sell products and services in more efficient and innovate ways. Basis100's lines of business include: Lending Solutions for consumer credit, mortgage origination and processing; Data Warehousing and Analytics Solutions for automated property valuations, property data-warehousing, data products and analytics support; and Capital Markets Solutions for cash and derivatives trading, and settlement and clearing. Our solutions are installed on 5 continents and 36 countries around the world. For more information about Basis100, please visit www.Basis100.com. Forward-looking (safe harbour) statement Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes", "plans", "expects" or "intends" and other statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. For further information MEDIA RELATIONS - CANADA, Terri Muccilli-Oswald, Media Relations, Basis100 Inc., (416) 368-8998, tmuccilli-oswald@basis100.com INVESTOR RELATIONS, Lance McIntosh, Chief Financial Officer (Investor Relations), Basis100 Inc., (416) 364-6085 Ext 170, lmcintosh@basis100.com MEDIA RELATIONS - UNITED STATES, Cris Peters, Media Relations, Basis100 Corp, (404) 256-9767, cpeters@basis100.com MEDIA RELATIONS - NATIONAL BANK, Carole Gagné, Relations publiques et Communications, Banque Nationale du Canada, (514) 394-6991, carole.gagne@bnc.ca

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To: SAM-DAN who wrote (103)	5/24/2002 10:23:32 AM
From: Tom	of 104

Basis100 to Acquire 100% of Mortgage Risk Assessment Corporation (MRAC) Basis100 accelerates its U.S. strategy and increases revenue and EBITDA guidance for FY2002 Toronto, ON, May 24, 2002 - Basis100 Inc. (TSE:BAS), a technology solutions provider for the financial services industry, today announced that it has agreed to acquire 100 percent of the shares of U.S.-based Mortgage Risk Assessment Corporation (MRAC), subject only to regulatory approval. While Basis100 is the leading provider of automated property valuations (AVM) to the U.S. mortgage lending market, with over 1,700 customers, MRAC has the industry-standard, index-based AVM for the securitization segment of that market with over 300 customers. With this acquisition, Basis100 now has an estimated 50 percent marketshare, with direct involvement from the mortgage point-of-sale to the investment community. The transaction is expected to close on May 31, 2002. “This acquisition clearly drives increased shareholder value. The AVM market alone is projected to be about $50 million US by the end of this year, growing at 35 - 50 percent annually. We expect to build on our combined share of the AVM market to drive exponential growth, both in revenue and earnings,” said Gary Bartholomew, Chairman and CEO, Basis100. “Additionally, with the combined customer base, Basis100 has relationships at all points of the mortgage process from the point-of-sale to the capital markets. Our next step is to leverage this customer base and integrate BasisXpress™, our mortgage processing solution and BasisXchange™, our trading system, to create an end-to-end mortgage solution.” MRAC manages a nation-wide database of residential property characteristics, related financial sales and lending transactions and contains information for over 54 million properties in 1,300 counties in 46 states. The database is used to generate products that provide risk assessment information used to create, manage and trade pools of mortgage-backed securities, marketing lists for lead generation and collateral risk analysis associated with mortgage securitization. Among MRAC’s customers are Bear Stearns, Lehman Brothers and Goldman Sachs. “Combining the complementary technologies of MRAC’s leading index model with our leading property-specific model allows us to enter new markets and deliver increased services to our customers. This will move us towards our goal of being a leader in every property valuation market segment, including origination, securitization, default, portfolio analysis, new business sourcing and servicing,” said Joseph J. Murin, President and COO, Basis100. “We anticipate a smooth integration process and expect to realize substantial economies of scale from this acquisition.” “We are very enthusiastic about the prospects this acquisition will bring to both MRAC and Basis100. The combination of these two models will be extremely powerful,” said Chuck Ramsey, Chairman and CEO, MRAC. “This will be the first generation of the ‘super’ AVM and our clients will benefit from better results in both hit rate and accuracy.” Basis100 agreed to acquire all the outstanding shares of MRAC for a purchase price of $7.5 million US in a combination of cash and Basis100 stock. MRAC shareholders could earn up to an additional $6 million US in cash and $1.5 million US in shares over the two years following the completed acquisition, based on meeting aggressive forward revenue and EBITDA performance targets. GUIDANCE Once completed, we expect the acquisition of MRAC to contribute about $5 million in incremental revenue in the remaining seven months of 2002 (representing annualized sales of $9.0 million) and about $1.5 million in incremental EBITDA (reflecting annualized EBITDA of approx. $2.75 million). Therefore, this would increase our guidance for the 2002 fiscal year to total revenues of $75 million from $70 million, with EBITDA increasing from 10-12 percent to 11-13 percent of total revenue. MRAC’s 2001 calendar year revenue and EBITDA were $6 million and $1.2 million respectively. A conference call will be held on Tuesday, May 28, 2002 at 4:00 p.m. EST to discuss the MRAC acquisition further. Details will follow in a separate release. About MRAC Mortgage Risk Assessment Corporation (MRAC) is a research and consulting firm that tracks information on residential property values. MRAC provides portfolio evaluation, market planning, collateral property valuation and credit risk services to financial institutions, broker dealers, and the mortgage banking industry. For more information about MRAC, visit www.mortgagerisk.com. About Basis100 Basis100 Inc. is a global technology solutions provider, which enables businesses to build, distribute, buy and sell products and services in more efficient and innovative ways. Basis100’s lines of business include: Lending Solutions for consumer credit, mortgage origination and processing; Data Warehousing and Analytic Solutions for automated property valuations, property data-warehousing, data products and analytics support; and Capital Markets Solutions for cash and derivatives trading, and settlement and clearing. Our solutions are installed on 5 continents and in 36 countries around the world. For more information about valuation technology, please visit www.Valuations.Basis100.com or for information about the corporation, please visit www.Basis100.com. Forward-looking (safe harbour) statement Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes", "plans", "expects" or "intends" and other statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.

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