Press Release

• Attributes Growing IPTV Market to its 281 Percent Revenue Growth

Ottawa, CANADA September 30, 2005 — Espial®, a leading provider of client middleware and applications for set-top boxes and consumer electronic devices has been named to Deloitte's prestigious Canadian Technology Fast 50, the annual program which recognizes excellence, innovation and the fastest growing tech companies in Canada. Rankings are based on percentage of growth in fiscal year revenues over five years, from 2000–2004. Espial CEO Jaison Dolvane credits the incredible growth and interest in the IPTV market and Espial’s design innovation with the company's 281 per cent revenue growth from 2000–2004.

“It’s an honour to be recognized on the Deloitte Technology Fast 50 Program for the third year in a row,” said Dolvane. “Our collaborative work environment ensures a dynamic team that embraces new opportunities and then makes them a reality.”

Espial's increase in revenues of 281 percent from 2000 to 2004 resulted in a 34 ranking overall in the Canadian Technology Fast 50.

“To make the Deloitte Canadian Technology Fast 50, companies in Canada must have had tremendous revenue growth from 2000–2004,” said Garry Foster, National Director, Technology, Media & Telecommunications, Deloitte. “Deloitte applauds Espial for having the long-term vision to develop technologies that change the way we work and play.”

Winners of the 15 regional Technology Fast 50 programs in the United States and Canada are automatically entered in the Deloitte Technology Fast 500 program, which ranks North America’s top 500 fastest growing technology companies. For more information on the Fast 50 or Fast 500 programs visit www.fast50.ca or www.fast500.com.

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About Espial

Espial is a leading provider of client middleware and applications for set-top boxes and consumer electronic devices. Espial applications include User Settings Management, Electronic Program Guides, Video on Demand, Interactive Content Portals and Web browsing. Espial provides a Beyond Brandable™ user interface that enables the operator to customize their offering so that they can ‘Own their IPTV Subscribers’. The company is the recipient of the Deloitte and Touche 'Fast 500' top companies in North America three years running. Espial software is deployed and accredited for more than 100 consumer designs such as, Siemens, Motorola, Sumitomo Electric Networks, Amino Thomson, Philips, i3Micro Technologies, LodgeNet, OnCommand and S-Net Systems. Espial can be found on the web at www.espial.com.

Media Contact:

Meredith Dundas

Marketing Communications Manager, Espial

+1.613.230.4770 x 1142

mdundas@espial.com