Switzerland: Talware Networx Does NOT Respect the Terms of the Agreement Signed on April 8, 2002 With Swisspresence.com for European Expansion of the TalXchange Network
Last Updated: 21 August 2002

Press Release by Mr Massimo D'Onofrio

Lugano, Switzerland – Swisspresence.com LTD is announcing that it has entered into an international legal procedure against Talware Networx Inc. for not having respected the terms of the Agreement whereby Swisspresence assisted Talware Networx with the expansion of the TalXchange Network into the European community.

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

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