Wednesday March 2nd, 2005

Netistix Signs Project with CANPAR Transport LP

For immediate release:

Netistix Signs Fleet Pilot Project with CANPAR

March 2, 2005, Ottawa: Netistix Technologies Corporation today announced that the company has signed its first North American pilot project in the parcel delivery industry, for its FleetPulse vehicle relationship management product with CANPAR Transport LP, one of Canada’s leading parcel delivery firms.

Under the terms of the project, CANPAR is installing the FleetPulse fleet management system in a number of curbside delivery vehicles spanning eight sites across Canada. Specific financial terms of the contract were not released.

The purpose of the pilot project is to produce a baseline of vehicle performance information including data about fuel usage, maintenance information and other factors that CANPAR can use for comparison purposes.

CANPAR is headquartered in Mississauga, Ontario with seven major hub facilities and maintains 55 terminals throughout Canada.

Gordon Echlin, President and CEO of Netistix said that this first pilot is an important milestone for the company. “This is a vote of confidence for our technology and value proposition and we are confident that the results of the trial will impress CANPAR and ultimately produce significant savings for this portion of their fleet.”

Wayne Baker, Director Buildings and Maintenance for CANPAR is looking forward to seeing the results of the pilot project. “The Fleetpulse solution has the potential to offer significant cost savings in fuel consumption, in addition to other operating cost reductions that we are investigating and verifying”

Netistix FleetPulse is an innovative vehicle relationship management (VRM) system. It combines comprehensive in-operation vehicle diagnostics and cost-effective telematics. The product provides fleet management and repair service operators with the data required to make the best, most cost-effective business decisions throughout the fleet ecosystem and over the vehicle’s total lifecycle.

About Netistix:

Netistix Technologies Corporation develops, markets and sells innovative vehicle relationship management (VRM) systems for businesses that have significant fleet operations, including fleet management companies and
their repair service providers. Netistix is privately owned and operated from headquarters in Kanata, Ontario – Canada’s Silicon Valley North. The company is lead by a seasoned management and advisory team.

See www.netistix.com

For more information:
John Woronczuk

VP Marketing and Sales

Netistix Technologies Corporation
(613) 599-5443
jworonczuk@netistix.com