| `Aimagine' Division provides Synergy, web-enabling software to University of Southern California - Marshall School of Business 
 AUSTIN, TX, Oct. 28 /CNW/ - AimGlobal Technologies (AMEX and TSE: AGT)
 today announced its Internet Business Software Division - `Aimagine Global
 Software Company' has received a material purchase agreement to provide the
 University of Southern California - Marshall School of Business with Synergy
 Enterprise, the Company's web-based communications and business applications
 software.  The Company confirmed that USC - Marshall School of Business has
 purchased and is deploying Synergy Enterprise as their web-based Intranet
 framework and suite of collaboration applications for their 2000+ students.
 
 Steve deJaray, Chairman and Chief Executive Officer of AimGlobal
 Technologies stated, ``International acceptance and the success of our
 software products continues to grow but this is a pivotal new customer
 relationship and a very important entry into our American education and
 institutional marketplace.  Leveraging ColdFusion experience and our highly
 strategic relationship with Allaire Technologies (NASDQ: ALLR) USC will
 migrate their existing applications into Synergy's server-based framework
 which will automate school administration processes and streamline operations.
 Deploying Synergy Enterprise is saving USC valuable time and money.  Through
 Synergy, USC administration will publish information, announcements and
 schedules to their staff and students using the Internet.  Synergy's
 ``Discussion Forum' will provide students and staff greater support and
 interaction.  Synergy's ``Project Manager' will promote and further enhance
 team projects and document control will be managed more efficiently through
 Synergy's ``Document Manager'.
 
 deJaray continued, ``This initial step opens a vast new North American
 institutional marketplace for Aimagine Software products.  For institutional
 customers with thousands of users, Synergy's web-based applications and
 architecture provide a simple, fast and easy migration to Internet-based
 business communications and business management that offers instant Internet
 deployment and requires minimal end-user and web administration training.
 Institutional customers are increasingly more attracted to software
 applications that provide immediate highly secure access to their operational
 information using different languages and from anywhere throughout the world
 that there is an Internet connection.'
 
 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
 affected.
 %SEDAR: 00004308E
 
 For further information: Janice Hamer, AIMGlobal Technologies (604)
 205-7609
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