Woodstock, New Brunswick, Canada, September 19, 2001

Personnel Services Agreement Signed with Premier Utility

Ibridge Inc. announces today that we have entered into a long-term agreement with one of Canada’s largest Hydro-electric utilities. This contract provides the utility with access to Ibridge engineering staff for ongoing assistance with software development and maintenance tasks. "This is a continuation of our long-standing relationship and formalizes the personnel staffing agreement between the two companies", stated Paul Dore, Ibridge President.

Under the terms of this agreement, Ibridge will provide personnel to assist with upgrades and maintenance of computer systems software for the next two years.

Ibridge is based in Woodstock, N.B. with representatives in Montreal, Quebec and Newark, New Jersey. The company has been designing and building customized software solutions for the electric utility, railway and aircraft industries since 1995. Ibridge has extensive experience in the areas of real-time applications, communications protocols, graphical user interfaces, real-time databases, relational databases, and hardware/software redundancy. Most of the systems that Ibridge has delivered are used in 24/7 environments.

For further information contact:

Ibridge Inc.
480 Main Street
Woodstock, NB     E7M 2C1
Tel: (506) 575-9102
Fax: (506) 575-2870
email:  marketing AT

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