October 16, 2003 - Proposed Acquisition Vertigo Software Corp. ("Vertigo" or the "Company") wishes to announce that further to its news release of January 31, 2003, and subject to regulatory approval, Vertigo has acquired 65% of the common shares of Digital Accelerator Corp. ("DACCEL"), in consideration of which Vertigo shall issue one Vertigo unit ("Units") in exchange for each DACCEL Share, each unit consisting of one-quarter (1/4) of one common share of Vertigo ("Vertigo Shares") and one (1) Series B non-voting preferred share of Vertigo ("Preferred B Shares") at a deemed price of CDN$0.001 per Preferred B Share. Each Preferred B Share will entitle the holder to receive dividends representing in the aggregate 25 percent of the net after tax profits of Vertigo, which dividends will continue to be paid until the date (the "Dividend Termination Date") that is the earlier of the date on which total dividends paid on each Preferred B Share equals CDN$1.00 and January 5, 2009. Each Preferred B Share will be convertible into one share purchase warrant of Vertigo ("Vertigo Warrants") at the option of the holder at any time prior to the Dividend Termination Date, and will be deemed to have been automatically converted on the Dividend Termination Date in any case no later than January 5, 2009. Each Vertigo Warrant will entitle the holder to purchase one additional common share of Vertigo ("Warrant Shares") at a price of CDN$0.50 per Vertigo Share at any time prior to the second anniversary of the date of issuance of the Vertigo Warrant. All of the above is subject to the approval of regulatory authorities. Digital Accelerator Corp. DACCEL, which was incorporated in 1997, creates, supports and markets a set of patented algorithms, and proprietary software programs and architectures that make up its proprietary digital image compression solutions. DACCEL PSI™ compression technology has resulted in the following three key product families: * PSI_X™ Still Image Compression. Can compress photo ID by up to 400:1 and medical images by up to 64:1 while retaining image integrity, enabling storage on smart cards and barcodes, and digital medical record filing. * PSI_V™ Video Compression. Allows average computer users the ability to view full motion, visual DVD quality using as little bandwidth as 600 kpbs. * PSI_TV™ Streaming Video. Allows users to "watch any content, anytime, anywhere". Because streaming video not only relies on high quality video compression but also on the streaming format and the architecture, PSI_TV™ offers a broad range of streaming formats and expertise in streaming architecture. DACCEL's current marketing efforts focus on two markets: Still Image Compression and Video Compression. Rapid growth and market penetration of broadband Internet access is expected to drive the demand for streaming media (digitized and compressed video) over the next three to five years. Upon completion of the Offer, Vertigo plans to leverage DACCEL's advanced image and video compression technology by exploiting Vertigo's worldwide user base. For more information visit DACCEL's website at www.daccel.com. New Director The Company is pleased to announce that Mr. Stanley H. T. Loh has been appointed a director of Vertigo. Mr. Loh is a co-founder of Advanced Interactive, Inc., eXcape Business Transactions, Inc. and VVPhone Technologies, Inc. He brings with him a great deal of knowledge in the technology and communications sector, as well as great experience in building companies. Mr. Loh has been associated with various companies in Asia that will increase the exposure of Vertigo into the technology and communications sector. Change of Company Name Vertigo received shareholder approval to change the name of the corporation to Even Technologies Inc. Vertigo will now file the appropriate documentation with the TSX Venture Exchange for approval. On Behalf of the Board of Directors signed "Donald R. Sheldon" Donald R. Sheldon President