Media Release

IDELIX Software Inc. Raises $1.5 Million in Second Round Financing

VANCOUVER, British Columbia, April 22, 2002 — IDELIX Software Inc., leaders in the field of Information Visualization, today announced they have closed on a private placement financing totaling approximately $1.5 Million Cdn. This second round of financing was led by existing investors Discovery Capital Corporation and Exceptional Technologies Fund 5 (VCC) Inc., Fractal Capital, Velo Fund, and individual investors including incoming CEO Bijan Sanii along with several prominent BC technology industry entrepreneurs.

"We are extremely pleased with the results from this round of financing," comments Bijan Sanii, President and CEO of IDELIX Software Inc. "In an increasingly computerized world, the universal need for and adaptability of PDT opens enormous market opportunity for IDELIX. Our recent agreement with Boeing represents commercial validation from a major Fortune 100; we are now gaining momentum and are focused upon building a successful foundation with an OEM strategy that will lead to concurrent wins in other markets."

"With the addition of Bijan as CEO, the licensing agreement with Boeing Autometric, and closing of this financing, IDELIX is ideally positioned to further capitalize on the significant market opportunities available for PDT. We are very pleased with these recent developments and look forward to continuing to work closely with the company as they focus and execute on their exciting sales and partnering initiatives," said Randy Garg, Executive Vice-President of Discovery Capital, and a director of IDELIX.

This financing will enable IDELIX to broadly execute its sales and partnering initiatives surrounding their core technology, Pliable Display Technology (PDT). PDT is a lens display technology that addresses the user interface challenge of working with high-density data and images on a limited size screen display by enabling "detail-in-context" viewing and editing.

Current market opportunities for PDT include: Handheld and Wireless Devices, Defense, Digital Imaging, Geographic Information Systems & Remote Sensing, Electronic Media, Computer Aided Design, Medical Imaging, and Electronic Games. Part of the universal appeal of PDT is the flexibility of the PDT Software Development Kit — It is data format and platform independent working on raster, vector, and text data in a variety of application areas including images, maps, graphs, hierarchy models, object models, and text.

About IDELIX

IDELIX Software Inc., www.idelix.com, is a Vancouver-based software company focused on improving the presentation of data and images on computing devices through innovations in Information Visualization and Computer Graphics. In March, IDELIX announced a partnership with Boeing Autometric to integrate Pliable Display Technology into future versions of Autometric's data production and mapping products. In February, IDELIX also announced that PDT will be integrated into a web-based initiative led by Natural Resources Canada to develop the Canadian Geospatial Data Infrastructure (CGDI).

— end —