| AGT's `Aimagine' signs purchase contract with Nikkei 
 AUSTIN, TX, Oct. 26 /CNW/ - AimGlobal Technologies
 AMEX and TSE:  AGT
 
 AimGlobal Technologies (AMEX and TSE: AGT) today announced it's Business
 Internet Software Products Division - `Aimagine Global Software Company' has
 entered into a material purchase contract with Japan's Nihon Keizai Shimbun
 Inc. ``Nikkei'.  The Company confirmed that Nikkei has purchased the
 Aimagine, Synergy Enterprise version of web-enabling business software for
 their corporate wide Internet collaboration and communications applications.
 
 Steve deJaray, Chairman & Chief Executive Officer of AimGlobal stated,
 ``The Nikkei is Japan's most prominent and respected business daily, with a
 daily circulation of over 3 million.  They provide domestic and international
 economic and business news to corporate Japan.  Nikkei is the parent company
 to Japan's other leading business publications including, Nihon Fangyou
 Shimbun (Industry Daily), Nihon Ryutsu Shimbun (Distribution Daily), and Nihon
 Kinyu Shimbun (Financial Daily)'.
 
 deJaray continued, ``Nikkei's purchase and application of our Synergy
 suite of business software is a tremendous advancement for our Company and
 another vivid example of our growing presence within the senior Japanese
 market for a multi-lingual Internet framework and rich suite of collaboration
 and business communications software applications'.
 
 About the Company
 Founded 14 years ago, and through three operating subsidiaries, AIMGlobal
 Technologies serves the Medical, Aerospace, Communications, Industrial,
 Military, Power Utility, Emergency Services Consumer markets and Internet
 business applications markets.  With operations in Texas, New York State,
 Ontario and British Columbia, AIMGlobal Technologies is a recognized technical
 innovator and a leading manufacturer of proprietary microelectronic solutions
 and hazardous air and gas monitoring products for life, health and safety
 applications.
 
 Safe Harbor Statement
 Certain information in this press release contains ``forward looking
 statements' within the meaning of the Securities Exchange Act of 1934,
 including those concerning the Company's future results and strategy. Actual
 results could differ from those in the forward looking statements due to a
 number of uncertainties, including, but not limited to, the demand for the
 Company's products and services; the size, timing and recognition of revenue
 from significant orders; increased competition, changes in Company strategy;
 product life cycles; the impact of rapid technological advances, evolving
 industry standards, changes in customer requirements, and fluctuations in
 foreign exchange rates.  The Company's expense levels are based, in part, on
 its expectations as to future revenue and a significant portion of the
 Company's expenses do not vary with revenue.  As a result, if revenue is below
 expectations, results of operations are likely to be materially adversely
 effected.
 %SEDAR: 00004308E
 
 For further information: Janice Hamer (604) 205-7609
 |