OASIS MEMBER NEWS: SOFTQUAD SOFTWARE REPORTS RECORD REVENUE FOR THEFOURTH QUARTER AND FISCAL YEAR 2000

[Heather Grant <heather@itpr.com>]

Highlights
* 2000 XMetaL customers
* Business partnerships with Ariba, Vignette, Documentum and Software AG
* Introduction of MarketAgility, an e-catalog solution for broad supplier
enablement to Net markets
* Threefold increase in revenue projected for FY 2001 versus FY 2000

News Release

SOFTQUAD SOFTWARE REPORTS RECORD REVENUE FOR THE FOURTH QUARTER AND FISCAL
YEAR 2000 - Q4 XML SALES UP 138%

TORONTO, ON - November 9, 2000 - SoftQuad Software, Ltd. (OTC BB: SXML), an
internationally recognized developer of XML-enabling technologies and
commerce solutions for e-business, today reported record revenue for both
the fourth quarter and fiscal year ended September 30, 2000.  The Company's
XML sales increased 138% from the previous quarter.  New customers this
quarter include Xerox Corporation, Delta Airlines, Bank of America, Chase
Manhattan Bank, Prudential Securities, and  Sun Microsystems.  The Company
expects its continued revenue growth to lead to profitability in the fourth
quarter of fiscal 2001.

"Our strong fourth quarter performance demonstrates that we are on track
with our business plan.  Over the past year, we have been positioning the
Company to excel in the expanding XML market.  We launched XMetaL 2.0 and
MarketAgility, established strategic partnerships with industry leaders such
as Ariba, Vignette and Documentum, and significantly strengthened our sales
and marketing operations," said Roberto Drassinower, CEO of SoftQuad
Software, Ltd.  "With our industry leading partners, growing installed
customer base and the continued rollout of our advanced XML enabling
solutions and services, we expect our growth to accelerate in fiscal 2001."

Revenues for the fourth quarter ended September 30, 2000 were the largest in
SoftQuad Software, Ltd.'s history at $1.4 million, a sequential increase of
53% over the previous quarter and 58% increase compared to the same quarter
last year.  SoftQuad's revenue growth was driven by increases in XML
solution sales, including the Company's first 1,000-unit deployment.
SoftQuad now has 2,000 XMetaL customers worldwide.  Net loss for the quarter
was $3.1 million or ($0.25) per share compared to a loss of $371,000 or
($0.06) per share in the same period a year ago.  The increased loss
reflects the major investments SoftQuad has made in new products, business
development, sales and marketing teams and operations, to position the
Company for strong revenue growth.

Revenue for the fiscal year ended September 30, 2000 increased 30% to $4.3
million, compared to $3.3 million in fiscal 1999.  Net loss for fiscal year
2000 was $6.7 million or ($0.60) per share, compared to a net loss of $1.6
million or ($0.37) per share for fiscal year 1999.  SoftQuad's increased
loss for the year was attributable to expenditures related to new products,
business development, expanding its sales and marketing teams, and general
operational improvements.

SOFTQUAD'S UNIQUE VALUE PROPOSITION

XML is the future language of integration between businesses, and SoftQuad
is the only provider able to address all three critical XML requirements:

1. Rapid, Broad deployment: SoftQuad's solutions allow the broad enablement
of XML within both Global 2000 companies and their suppliers, which is
imperative in meeting the demands of today's B2B eMarketplace.

2. Information Rich XML Content: to support content re-use over a broad
array of applications.

3. Enable XML creation at source: SoftQuad's solutions enable companies to
create XML at source to eliminate costly, ongoing conversions.

SoftQuad Strategies to Provide Long-Term Growth:

- Increasing Customer Base and Deployment Size- SoftQuad's customer
acquisition and penetration continue to increase, with 470 new XMetaL
customers in Q4 2000, and over 2000 XMetaL customers in total.  New
customers this quarter include Xerox Corporation, Delta Airlines, Department
of Energy, Bank of America, Chase Manhattan Bank, Prudential Securities, Sun
Microsystems, American Meteorological Society, and USAF.  Additionally,
SoftQuad's seeding strategy continues to grow to large customer deployments.
On October 11, 2000, SoftQuad announced a 1,000-unit deployment with Reed
Technology and Information Services (RTIS).  The Company continues to
receive significant orders for XMetaL from existing customers including
Amazon.com, Continental Airlines, Alpnet and SoftChoice.

- New Products Open New Markets- SoftQuad's strategy is to leverage its core
XML expertise to continue to innovate with new product and application
opportunities.  SoftQuad launched MarketAgility in September, 2000.
MarketAgility is an XML-based end-to-end technology and services solution to
broadly e-enable supply-side companies for participation in multiple
e-markets and e-procurement systems.

- New and Expanded Strategic Partnerships- SoftQuad has formed strong
business partnerships with industry leaders such as Ariba, Vignette,
Documentum and Software AG, and has reseller agreements with over 80 channel
partners.  The Company leverages the global market presence of its partners'
to establish strong distribution channels.

BUSINESS OUTLOOK
Guidance for Investors:
The following statements are based on current expectations.  These
statements are forward-looking and actual results may differ materially.
Please see the note entitled 'Caution Concerning Forward-Looking Statements'
at the end of this Press Release.

Revenue:
SoftQuad's goal is to achieve $13.5 million in revenue in FY 2001
(a 215% increase from FY 2000) and $40 million in FY 2002 (nearly a 200%
increase from FY 2001).

Profitability:
SoftQuad's goal is to achieve profitability in the fourth quarter of FY 2001
(quarter ended September 30, 2001) and total loss for the year of $4.5
million.

For financial information please visit:
www.softquad.com/press/pr_20001109.html

About SoftQuad Software, Ltd.
SoftQuad Software, Ltd. (OTC Bulletin Board: SXML - news) is a founding
member of the World Wide Web Consortium (W3C). The Company co-invented XML
technology and is internationally recognized in the technical community as a
developer and world leader of XML e-enabling technologies to the growing
business-to-business (B2B) Internet infrastructure solutions market.
SoftQuad was first to the content creation market with XMetaL, an advanced
yet easy-to-use XML content creation solution which has already become the
premier enabling technology for XML-based content applications in electronic
publishing, e-commerce and knowledge management. SoftQuad continues to
target the growing B2B marketplace with MarketAgility, a supply-side content
solution that allows companies to effectively join and compete in B2B
e-markets. Awards: XMetaL won the Web Techniques 1999 "Web Authoring Tool of
the Year" Award; it was one of Internet Week's "Best of the Best", winning
the "Most Innovative" in "Best of 1999" awards and it is also one of XML
Journal's "World Class" recommendations for 2000. For more information,
visit SoftQuad's web site at www.softquad.com

Note: SoftQuad has scheduled a conference call on November 9, 2000 at 11AM
(EDT) to announce its Q4 and fiscal 2000 year-end financial results.   The
call will be simultaneously broadcast over the Internet, with a slide
presentation at http://www.vcall.com/NASApp/VCall/EventPage?ID=51442.  The
playback of the (call/ webcast) will be available for 90 days through the
SoftQuad Web site at www.softquad.com . A rebroadcast of the conference call
will be available for seven days by calling 800-633-8284 (U.S.) and
858-812-6440 (non-U.S.).

Caution Concerning Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning
of the Private Securities Litigation Reform Act of 1995, particularly under
the heading "Business Outlook."  Words such as "anticipates", "estimates",
"expects", "will", "should", "projects", "intends", "plans", "believes" and
words and terms of similar substance used in connection with any discussion
of future operating or financial performance identify such forward-looking
statements.  Those forward-looking statements are management's present
expectations of future events.  As with any projection or forecast, they are
inherently susceptible to uncertainty and changes in circumstances, and
SoftQuad is under no obligation to (and expressly disclaims any such
obligation to) update or alter its forward-looking statements whether as a
result of such changes, new information, future events or otherwise.

SoftQuad is an early-stage growth company that operates in a highly
competitive and rapidly changing environment, and its business results are
dependent on numerous factors, including demand for its products and
services, especially its newly introduced MarketAgility product, growth in
the market for XML products, its ability to manage costs, generate revenues
and become profitable, the potential impact of any mergers, acquisitions or
other business combinations, the transition from its past reliance on
revenues from its HoTMetaL (HTML-based) product to its XML-based products,
its ability to meet its future capital requirements, technological
developments, competition from other companies that may have longer
operating histories or greater financial resources, protection of its
intellectual property rights, its ability to attract and retain key
personnel, the resolution of issues concerning commercial activities via the
Internet, including security, reliability, cost, ease of use and access,
government regulation, risks related to international sales and potential
foreign currency exchange fluctuations, political, business and social
conditions in the geographic areas in which it operates and in which its
products are sold, its ability to successfully obtain inclusion of its
common stock on the Nasdaq National Market and other risks detailed from
time to time in periodic reports filed by SoftQuad with the U.S. Securities
and Exchange Commission and other regulatory authorities.  SoftQuad's actual
results could differ materially from management's expectations because of
such factors.

For further information on SoftQuad Software, contact:

David Terry
ITPR (for SoftQuad Software)
(416) 860-3899 ext. 3607
david@itpr.com


Investor Contact
(800) 773-7317
investorinfo@softquad.com

Analyst Contact
David Lewis
CFO, SoftQuad Software, Ltd.
(416) 544-3001
david.lewis@softquad.com


SoftQuad and XMetaL are registered trademarks of SoftQuad Software, Ltd.
MarketAgility is a trademark of SoftQuad Software, Ltd. All other products
or company names mentioned are used for identification purposes only, and
may be trademarks of their respective owners.


Heather Grant
Account Executive
ITPR
214 King Street West, Suite 216
Toronto, ON  M5H 3S6
Tel: (416) 642-6353
Fax: (416)642-6361
Email: Heather@itpr.com