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Corporate Announcement

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Beanstream to Provide eStorebuilder Shopping Cart Solutions.

VICTORIA, BRITISH COLUMBIA, CANADA - March 28th, 2005

Beanstream Internet Commerce Inc announces that it has reached an agreement with GLS Global Assets Ltd to operate and support its eStoreBuilder shopping cart solutions. eSTOREBUILDER offers a full range of e-commerce functionality, beginning with an entry-level catalog, stand-alone storefront, or a shopping cart to add to your existing website. Each solution integrates seamlessly with Beanstream's real-time, multi-currency transaction processing.

eStoreBuilder provides you with the tools you need to build, launch, and manage your online business. The basic eStoreBuilder package comes with: detailed sales reports; flexible product layout; dual currency support; integrated shipping for Canada Post and UPS; user discounts; free technical support; featured products and cross selling; professionally designed templates and user guide. Other features available include: Shopping Cart Only capability for merchants with their own website with product pages; affiliate tracking capability; inventory import and control.

You can learn more about the eStoreBuilder and sign-up for a free trial at http://www.beanstreamcarts.com

About Beanstream Internet Commerce Inc.

Beanstream Internet Commerce Inc. is a leading Canadian electronic payment and authentication solutions provider. Services include merchant account enablement, credit card processing, electronic funds transfer, automated clearinghouse payment processing and credit score and authentication services for both e-commerce and traditional brick and mortar businesses. Beanstream provides a wide selection of products from simple payment gateway services to full end-to-end e-commerce solutions.

Beanstream solutions work with all Canadian and US financial institutions and have been selected by more than 5000 businesses across North America. Beanstream is headquartered in Victoria, British Columbia.

Beanstream Contact:

Chris Koide
Chief Operating Officer
Tel: 250-472-2326
ckoide@beanstream.com
www.beanstream.com