Merlin Receives $1 Million Dollars in Funding

May 01, 2001, 01:00 ET from Merlin Software Technologies International, Inc.

    BURNABY, British Columbia, May 1 /PRNewswire/ -- Merlin Software
 Technologies International, Inc. (OTC: MLSW), a leading provider of Linux
 based software applications and utilities, today announced that it has
 received $1 million in funding from several institutional investors.
     The $1.0 million in proceeds is the second tranche of a $2.1 million
 private placement which closed on August 24, 2000.
     "This funding allows us to continue to move forward with the full
 commercialization of our software products and finish development of our
 network appliances," said Robert Heller, CEO and President of Merlin.
 
     About Merlin
     Merlin is known for award winning software, such as PerfectBackUP+7.0, a
 fast, easy and powerful system backup application and CommunicadoFAX 4.0, a
 cross platform fax utility for Linux, UNIX, Microsoft Windows and Apple Mac
 users. Merlin's applications operate on all major Linux distributions
 including those from Caldera, RedHat, S.u.S.E., Debian, Mandrake, Corel and
 Turbolinux.
 
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SOURCE Merlin Software Technologies International, Inc.
    BURNABY, British Columbia, May 1 /PRNewswire/ -- Merlin Software
 Technologies International, Inc. (OTC: MLSW), a leading provider of Linux
 based software applications and utilities, today announced that it has
 received $1 million in funding from several institutional investors.
     The $1.0 million in proceeds is the second tranche of a $2.1 million
 private placement which closed on August 24, 2000.
     "This funding allows us to continue to move forward with the full
 commercialization of our software products and finish development of our
 network appliances," said Robert Heller, CEO and President of Merlin.
 
     About Merlin
     Merlin is known for award winning software, such as PerfectBackUP+7.0, a
 fast, easy and powerful system backup application and CommunicadoFAX 4.0, a
 cross platform fax utility for Linux, UNIX, Microsoft Windows and Apple Mac
 users. Merlin's applications operate on all major Linux distributions
 including those from Caldera, RedHat, S.u.S.E., Debian, Mandrake, Corel and
 Turbolinux.
 
                      MAKE YOUR OPINION COUNT - Click Here
                http://tbutton.prnewswire.com/prn/11690X39064161
 
 SOURCE  Merlin Software Technologies International, Inc.