Point2 Technologies Eliminates Fees For Customers In Regions Affected by Hurricane Katrina

Wednesday, September 07, 2005 12:59 PM

Article re-printed on RealTown.com

SASKATOON,
SK – September 07, 2005 – Point2 Technologies Inc. today announced that
it has cancelled all fees for its Point2 Agent real estate website
solution customers who are located in the United States Coastal Gulf
States affected by Hurricane Katrina.

The
freeze, effective immediately, covers all paying members who operate
out of any area declared as a disaster zone by President Bush, due to
the hurricane.

Point2 Technologies stated that customers in affected areas will not
incur monthly dues for their Point2 Agent website service, through
November 30, 2005. The Company also stated that it may extend the
freeze beyond November 30, depending on the progress in the region.

“On behalf of all employees of Point2 Technologies, we send our deepest
and heartfelt sympathies to those affected by Hurricane Katrina, and to
their families, said Wendell Willick, Point2 Technologies Chairman and
CEO. “Many lives have been shattered by this disaster, but we hope that
everyone’s prayers and contributions will help speed up the recovery
and get people back on their feet as quickly as possible.”

Point2® has also set up a relief effort contributions link on its website. To help, please visit: http://agent.point2.com/.

About Point2 Technologies Inc.
Point2 develops and markets software solutions that enable
organizations to conduct business over the Internet more easily and
more profitably. The company markets its solutions to the real estate
and heavy equipment industries worldwide.

In
the heavy equipment industry, Point2 provides critical e-business
software and support to national and international dealers and
manufacturers worldwide, including Caterpillar Inc. (NYSE: CAT). Point2
also owns and operates the world’s largest online heavy equipment
exchange, supporting and facilitating transactions for over 300 dealers
around the world.

Point2 Agent, the
Company’s real estate website solution has a rapidly growing subscriber
base of over 62,000 agents, brokers and developers in 43 countries.

Recipient
of the No. 1 e-business designation in Canada by Bain & Company and
The Globe and Mail, and named one of the top 200 B2B companies in the
world by Forbes Magazine, Point2 Technologies was founded in 1996 and
employs a staff of 86 at its headquarters in Saskatoon, SK and its
Vancouver, BC offices. More information can be obtained at http://www.point2.com.

Media Relations contact:
Roger Noujeim
Public Relations Director
Toll Free: 1-888-955-7900 ext. 224 (U.S. and Canada)
Tel: 1-604-675-9393
rnoujeim@point2.com

Investor Relations contact:
Robert Gutek
Vice President, Finance
Toll Free: 1-866-955-7900 ext. 213 (U.S. and Canada)
Tel: 1-306-955-9736 ext. 213
rgutek@point2.com