Corporate Overview

Established in 1983, International Data Base Corporation ("IDBC"), which operates under the trade name BidNet, is a leading government bid aggregation and e-procurement service provider. In August 2004, IDBC was acquired by Mediagrif Interactive Technologies Inc. (TSX: MDF), a world-leading developer of e-business networks and provider of complete e-business solutions.

IDBC currently operates two divisions: BidNet and e-Procurement.

The BidNet division has been connecting government and business for 20 years. It was founded in 1985 by a group of entrepreneurs with a vision of providing a centralized bid distribution and notification service to both government purchasing agencies and the companies who sell to them.

The e-Procurement division was established in 2000 to create and manage websites that enable purchasing agencies to register their vendors and to deliver bid information directly to them. Since then, we have designed, developed and currently manage numerous sites across the nation.

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Mediagrif Interactive Technologies Inc. (TSE: MDF) is a world-leading operator of e-business networks and provider of complete e-business solutions. Mediagrif currently operates 13 e-business networks serving a membership base of over 45,000 businesses located in 60 countries. The company also owns MERX (www.merx.com), the exclusive provider of e-tendering services to the federal government of Canada, and is a leading provider of government bid aggregation services and e-procurement services in the U.S. Headquartered in Montreal, Mediagrif through its subsidiaries has various offices in Canada and the United States. Mediagrif currently employs over 365 people.

For more information on Mediagrif Interactive Technologies, please visit www.mediagrif.com