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Tuesday, October 31, 2000

Company News — Shana Corporation
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MessagingDirect M-powers Shana to Provide Customers With Secure, Non-repudiable e-Forms

Informed E-Forms Portal Solution Facilitates the Move from Process to E-Processes, By Turning Traditional Paper Forms into Electronic Forms

Edmonton, Alberta - Tuesday, October 31, 2000 - MessagingDirect, a direct e-business transaction software
provider, today announced a partnership with Shana Corporation,
an Edmonton-based developer for integrated e-form management
solutions. As a result of this partnership, Shana will offer
customers electronic, digitally signed, encrypted e-forms to
seamlessly provide aerospace, oil and gas, financial and
telecommunications companies with both desktop and true 100%
browser-based management solutions. This partnership furthers
MessagingDirect's commitment to providing companies with the
technology necessary to take advantage of, and reduce concerns
surrounding, ambiguities in the digital signature law.

"In partnering with MessagingDirect we can provide our customers
with Shana's assurance that e-forms exchanged are secure,
automated and non-repudiable," said Don Murphy, president of
Shana. "The enhanced offering will further strengthen Shana's
commitment to offering a completely paperless e-form solution to
clients in the aerospace, oil and gas, financial and
telecommunications industries." The solution, available in early
2001, is message-based and built to support the following three
basic principles of the Internet economy (i-economy): security,
reliability and integration.

-- Security - Digital signatures and S/MIME encryption maintain
a minimum per-user cost and provide customers with
peace-of-mind, ensuring that business transactions are
private and protected.

-- Reliability - Exception handling and message tracking
provide users with the status of messages, ensuring that all
transactions are validated and delivery can be confirmed.

-- Integration - Highly adaptable, scalable, open standards
technology provides users with the flexibility to integrate
the solution into pre-existing applications--and as a
result, makes it less expensive to install.

"Shana is dedicated to offering customers unparalleled e-form
management solutions," said Don Pare, CEO of MessagingDirect.
"Shana will be successful in leading the charge as they
recognized early on that it takes more then just the digital
signature law to conduct business electronically - it takes a
flexible solution that combines the digital signature with the
security needed to protect the customer."

MessagingDirect Ltd.

MessagingDirect Ltd., the leader in direct e-business
transactions, provides companies with commerce class, secure and
digitally signed solutions. These solutions connect
customers/suppliers and partners, and are designed to improve
business efficiency and decrease cost, as well as grow and
maintain a customer base. MessagingDirect is dedicated to
supporting the evolution to a world with fully automated
electronic business processes, or the i-economy.

Driving Internet standards since the early 80's, MessagingDirect
has been a thought-leader and contributor in the Internet
Engineering Task Force (IETF) and the Internet Mail Consortium
(IMC). In addition to chairing and participating on these
committees for secure messaging and message tracking,
MessagingDirect's CTO and CSO have developed over 50 of the RFC's
for messaging standards. MessagingDirect has offices in Edmonton,
Canada, San Francisco, USA and Richmond, United Kingdom. For
additional information on MessagingDirect, please visit our Web
site at http://www.messagingdirect.com.

Shana Corporation

Shana provides a solution that allows organizations to
participate effectively in e-business transactions. The typical
enterprise needs thousands of forms to drive its business
processes, and all of those forms must be managed. Shana provides
the platform to do exactly that: the Informed E-Forms Portal
solution facilitates the move from process to e-processes, by
turning traditional paper forms into electronic forms. These
e-forms can take a process from within an organization, to
outside it, providing a secure, scalable, and understandable
model on which e-business solutions can be built. To learn more,
please visit www.shana.com.

Shana has strategic partnerships with a number of companies
including Entrust Technologies (Nasdaq: ENTU), FileNET (Nasdaq:
FILE), EDS (NYSE: EDS), and NCR (NYSE: NCR). Shana is privately
owned and brings over 14 years experience to its Informed e-forms
solutions, with over 1,500,000 licensed users in more than 65
countries around the world.

--30--

CONTACT:

Miller/Shandwick Technologies

Gregory G. Britton

617/351-4108

gbritton@shandwick.com

or

MessagingDirect

Deb Pare

780/424-4922 ext. 319

deb.pare@messagingdirect.com


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