Switzerland: Talware Networx Retains Swisspresence.com for European Expansion of the TalXchange Network
Last Updated: 8 April 2002
Article by Mr Massimo D'Onofrio

Toronto, Canada (March 13, 2002) - Talware Networx Inc. (CDNX: JOB) is pleased to announce that it has entered into a Memorandum of Agreement with Swisspresence.com Ltd. of Lugano, Switzerland whereby Swisspresence will assist Talware Networx with the expansion of the TalXchange NetworkÔ into the European community.

Under the terms of the agreement, Swisspresence.com will assist with the formation of a European subsidiary of Talware Networx, Talware Networx (Europe) Ltd., to be based in Lugano, Switzerland. Swisspresence.com will be responsible for identifying and securing European investors for the new subsidiary. In addition, Swisspresence.com will provide operational and managerial support to Talware Networx (Europe) Ltd. in connection with the introduction of the TalXchange Network into the major European countries, including France, Germany, Italy and the United Kingdom.

About Talware Networx Inc.

Talware Networx Inc. provides web-based solutions for professional executive search and recruitment companies. The Company’s flagship application is the TalXchange Network™, www.talxchange.com an Internet based exchange using industry-wide standards for describing jobs and defining candidate skills, allowing recruitment professionals to share their candidates and job opportunities on a local, national and global basis.

About Swisspresence.com Ltd.

Swisspresence.com Ltd., based in Lugano, Switzerland, provides global consulting services in the areas of Human Resources and New Technologies, specializing in startup coaching through its e-Services.

For further information on Talware Networx Inc., please contact:

Alan Rootenberg, President and CEO

Talware Networx Inc., 123 Commerce Valley Drive East, Suite 301, Thornhill, Ontario, Canada L3T 7W8

For further information on Swisspresence.com Ltd., please contact:

Massimo D’Onofrio, President and CEO

Swisspresence.com Ltd., Via Verzino 2, 6933 Muzzano-Lugano, Switzerland

The Canadian Venture Exchange Inc. has not reviewed and does not accept responsibility for the adequacy or the accuracy of this news release.

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