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Corporate Announcement

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Beanstream Deploys Second Datacentre Location.

VICTORIA, BRITISH COLUMBIA, CANADA - February 11th, 2005

Beanstream Internet Commerce Inc announces that it has certified its second datacentre location and now operates two fully redundant payment processing facilities. The second datacentre, located at DBFT north of Victoria, BC, has been referred to as the "Fort Knox" of the North and houses the Federal Office of Critical Infrastructure Protection and Emergency Preparedness.

Situated on a veritable monolith floating on the earth's crust, a geological phenomenon of igneous rock measuring several kilometers in surface dimension and 80 kilometers in depth, DBFT is a purpose built building exceeding the current National Building Code Standard, quite able to withstand winds up to 135 kph and earthquakes to 9.5 on the Richter scale.

About Beanstream Internet Commerce Inc.

Beanstream Internet Commerce Inc. is a leading Canadian electronic payment and authentication solutions provider. Services include merchant account enablement, credit card processing, electronic funds transfer, automated clearinghouse payment processing and credit score and authentication services for both e-commerce and traditional brick and mortar businesses. Beanstream provides a wide selection of products from simple payment gateway services to full end-to-end e-commerce solutions.

Beanstream solutions work with all Canadian and US financial institutions and have been selected by more than 5000 businesses across North America. Beanstream is headquartered in Victoria, British Columbia.

Beanstream Contact:

Chris Koide
Chief Operating Officer
Tel: 250-472-2326
ckoide@beanstream.com
www.beanstream.com