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Eventi invests in leading Canadian messaging provider

TORONTO, Sept. 1, 2004 - Eventi is pleased to announce it has completed the merger of one of its investments, ThinOffice, with leading Canadian messaging services provider, 800onemail. Eventi has also made a subsequent investment in 800onemail, which provides innovative hosted e-mail messaging solutions including Exchange, e-mail firewall and business continuity. Eventi Inc. is a private equity investment company that provides capital, human resources and management consultancy to help existing businesses accelerate their growth.

Eventi invests in and partners with companies that are profitable, have a clear market opportunity and are poised to take advantage of technology-driven change. With a strong technology background, Eventi identified the messaging and Hosted Exchange industry as a growth opportunity and felt that 800onemail stood out as an end-to-end messaging services provider with a proven industry track record.

"In 800onemail, we found a company that was profitable and had a solid and loyal customer base, including blue chip, marquee clients. We also found a company that had more than 17 years experience in what many people feel is a nascent growth market," said Bill Di Nardo, CEO of Eventi Inc. "We investigated a number of methods for getting into the Hosted Exchange industry, but the fact that they had extensive experience operating hosted systems put 800onemail well above the pack."

Gus Harsfai, 800onemail's founder and CEO had entertained other strategic alliances to help grow his company but Eventi's offer was the most promising.

"Eventi brings more than just capital to the table. It brings a long-term, patient view to growth, as well as outstanding human capital," said Harsfai. "The company's principals have terrific experience in managing rapid growth, technology-based businesses and are well versed in the hosted messaging arena. Most importantly, we share similar corporate values and practices."

The company that Eventi merged with 800onemail, ThinOffice, was an e-mail and messaging services provider.

ABOUT EVENTI INC.
Eventi Inc. provides capital, human resources, and management consultancy to help existing technology-based opportunities accelerate their growth. Our company's members include Bill Di Nardo (founder and former CEO of Grocery Gateway), and Derek Ruston (Chairman of Environics Research, private equity investor and former McKinsey consultant). Visit www.eventi.ca for more information.

ABOUT 800onemail
800onemail helps businesses achieve 100 per cent e-mail reliability by bringing together operational experience, advanced infrastructure, and proprietary research and product development with leading messaging and collaboration solutions. With operations in Toronto and New York, as well as Tier 4 redundant data centres in both cities, 800onemail's team of senior messaging professionals have met Fortune 500 companies' messaging needs across North America for more than 17 years. 800onemail offers clients a suite of messaging services that include hosted systems, and e-mail security. Visit www.800onemail.com for more information.

For more information, please contact:
Aine Magennis
Sequentia Communications
aine@sequentia.net
(416) 203-3656 ext. 224

Bill Di Nardo
Ceryx Inc.
(416) 482-9659 ext. 107
bill.dinardo@ceryx.com