AssistGlobal Enters the Norwegian Market

Author by Anonymous

Vancouver, BC March 20 2004---AssistGlobal Technologies Corp. (NASD OTC BB: AGBTF; CNQ: AGBT.U) (the “Company”) is pleased to announce that it has entered a new market, Norway, for its MicroView/FM software products.



The Company has been working in collaboration with Infrastructure Management AS of Oslo, Norway, to localise MicroView/FM for the Norwegian language and has reached the final stages of completion. In anticipation of the demand for the product, Infrastructure Management has purchased 15 units of the Norwegian Version of Microview/FM for a value of CDN$33,000.



Geoffrey Dryer, President and CTO of AssistGlobal, states, “We are very excited about the potential for the Company’s products in the Scandinavian market and hope to have versions of MicroView/FM in other languages in the future.”



The Company is also pleased to announce that it has completed a non-brokered private placement, initially announced on January 16, 2004, of 420,000 units at a price of US$0.25 per unit to 7 individuals for total proceeds of US$105,000. Each unit consists of one common share and one share purchase warrant of the Company. Each share purchase warrant entitles the holder to purchase one common share at a price of $US0.35 for 12 months from the date of issuance and $US0.45 for the next 6 months, to a maximum of 18 months from the date of issuance. The common shares are subject to a hold period expiring July 17th, 2004.



More information about the Company can be found at: www.assistglobal.com.



About Infrastructure Management:



Infrastructure Management AS is a privately held company specializing in infrastructure and facilities management. It is also an Archibus Inc. dealer of all of Scandinavia. Further information on the company can be found at www.imfm.no.



About AssistGlobal:



With more than 700 clients in 15 countries, AssistGlobal is a leader in the Facilities, Infrastructure and Project Management industry and has been providing first-rate products and services since 2000.



Software Sales

MicroView Software for Facilities and Infrastructure Management provides reliable, robust mobile solutions to coordinate, simplify and enhance operational activities. Facilities data can be recorded and updated on-the-fly using MicroView software for handheld computers (PDAs) - a valuable timesaver when mobilizing for large-scale reorganizations, corporate moves or undertaking extensive maintenance activities. The Company’s existing products include MicroView Parking Manager, HVAC and Electrical Module and MicroView/FM.



Application Hosting

AssistGlobal provides turnkey hosted solutions for Project and Facility Management software applications. AssistGlobal hosts complex, robust vertical applications including products from Primavera Systems Inc. and Archibus Inc. AssistGlobal offers complete, end-to-end solutions that enable its customers to launch new and enhanced services within tight deadlines, improve application performance and system security, reduce overall cost of ownership, and retain profitable customers. Applications are securely delivered through the Internet enabling global access to central data for geographically dispersed companies.



Custom Solutions

AssistGlobal works with clients to provide custom solutions, which include custom application development and deployment for enterprise systems integration.



Key organizations using AssistGlobal technologies include:



MetLife    
    
    
    
    
    
    
    
    
    
Blue Cross/Blue Shield

The United States Army and Navy   
   


Cedar Sinai, Mount Sinai and Methodist Hospitals

The Universities of Texas, Colorado and Princeton

Unisys

Macromedia   
   
   
   


The CIA

Chase Manhattan Bank   
   
   
   


Intrawest





On behalf of the Board of Directors,

    
    
    
    
    
    
    
    
    
    
    
    


    
    
    
    
    
    
    
    
    
    
    
    


“Sokhie S. Puar”

    
    
    
    


Sokhie S. Puar

Director



For Further Information Please Contact:   


Mr. Bijay Singh   


Email:    
bijay@snjcapital.com

Phone:   
604-684-3783