To: decky who wrote (7246 ) 3/21/2002 1:38:27 PM From: Al Collard Respond to of 11802 SYD.u-t ...in the news:Sideware and KnowledgeMax shareholders approve merger Thu 21 Mar 2002 Mr. Lou Capannelli reports SIDEWARE AND KNOWLEDGEMAX SHAREHOLDERS APPROVE MERGER The shareholders of Sideware Systems and KnowledgeMax have voted overwhelmingly in favour of the agreement and plan of merger and acquisition. As part of the merger agreement, Sideware's corporate name will be changed to "KnowledgeMax Inc." after closing, and the company will continue its corporate status from Yukon Territories into Delaware. The merger will close subject to certain remaining terms and conditions being met. "This is a major step in the transformation that Sideware embarked on back in December, 2001," said James L. Speros, Sideware's president and chief executive officer. "We are looking forward to the final steps of integrating these companies in the near future and building a world-class learning organization." KnowledgeMax Inc.'s chairman and co-CEO, Linwood Pearce, stated, "We're pleased that the shareholders of both companies voted so overwhelmingly in favour of this merger. On behalf of the KnowledgeMax management team, we look forward to working with the Sideware executives and all their people." "I've been struck by the progress we've already made in the last few months," said KnowledgeMax's founder and co-CEO, Edwin S. Grosvenor. "The company operations are going smoothly and there's a real synergy between the two teams." The Sideware shareholders also approved resolutions to increase the authorized capital of the company and to reserve common shares for the Sideware 2002 equity incentive plan for issuance to employees, directors and consultants of Sideware. About KnowledgeMax Inc. KnowledgeMax is a leading supply chain management e-business that helps organizations and individuals select, purchase and deliver learning and knowledge resources. Its fully customizable and integrated system provides "best-of-breed" content, including millions of books, on-line courses, training videos, audio tapes, and other knowledge and learning products. Its unique system also offers users free on-line advice on a wide range of critical business issues from leading business experts. Topics covered include leadership, people skills, business strategy, teamwork, learning and knowledge management. KnowledgeMax is based in McLean, Va.