OASIS member news: XML Global Technologies,Inc. Begins Trading on the OTC:BB

[Teresa Cheung <teresa.cheung@xmlglobal.com>]

Press Release

XML Global Technologies, Inc. Begins Trading on the OTC:BB
Reports First Quarter Revenues of $485,000

Vancouver, B.C., November 24th, 2000 - XML Global Technologies, Inc. (XMLG
OTC:BB) (www.xmlglobal.com), architects and builders of XML powered
e-business platforms, announced today that its stock has been accepted for
trading on the Over the Counter Bulletin Board market under the symbol XMLG.
The Company has registered 24.5 million shares under a prospectus that
became effective on November 13, 2000. The prospectus relating to these
securities may be obtained from Westminster Securities Corp. The Company has
27.5 million shares of common stock outstanding with fully-diluted common
stock of 38.5 million shares.

In the three months ended September 30, 2000 XML Global Technologies, Inc.
recorded revenues of $485,000 up from $9,200 for the corresponding period in
1999 and up from $22,100 for the preceding quarter. "This strong first
quarter revenue performance demonstrates the relevance and focus of our
business plan", said Peter Shandro, CEO of XML Global. "During the past 12
months we have positioned the Company within the rapidly expanding market
for e-business infrastructure tools and web services and this record revenue
is market validation of our efforts. With a growing client base and an
aggressive marketing drive scheduled to roll out in early 2001", continued
Shandro, "we anticipate continued strong quarter on quarter revenue growth
throughout the next year."

XML Global's revenue growth was primarily driven by increased XML e-business
solution sales as well a contract to build an XML-powered B2B exchange for
an Asian net market maker. The net loss for the quarter was $381,000 which
is a 55% increase over the first quarter of fiscal 2000, but a 17% decrease
over the immediately preceding quarter. Continued net losses relate to XML
Global's ongoing investment in research and development, business
development, sales and marketing and reflect focused commitment to position
the Company for continued strong revenue growth. To obtain a copy of the
10-QSB please visit www.freeedgar.com.

This press release shall not constitute an offer to sell or the solicitation
of an offer to buy nor shall there be any sale of these securities in any
state in which such offer, solicitation or sale would be unlawful prior to
registration or qualification under the securities laws of any such state.

About XML Global Technologies, Inc.
XML Global Technologies, Inc. engineers and deploys XML based web
infrastructure tools for e-business. Leveraging its patented XML
technologies for searching, EDI/XML transformation, data storage and
transaction authentication, XML Global provides a solid XML based foundation
for a wide range of e-business programs. XML Global's core products include:

* Searching:        GoXML(tm), a patent pending contextual XML search
engine.
* Transformation:   ExpressXCHG(tm), a patented EDI/XML transformation
software.
* Authentication:   Ceremony(tm), a patented authentication software
product.

By integrating and applying these core technologies XML Global will profit
by empowering its clients to build and manage successful technology
platforms for web services, net markets and related e-business initiatives.

XML Global supports and is actively involved in a number of industry
infrastructure initiatives and standards bodies including ebXML, UDDI,
OASIS, and W3C.

For further information please visit our website at www.xmlglobal.com or
call the numbers below.

Forward Looking Statements
All statements are based on XML Global Technologies, Inc.'s current
knowledge and specific assumptions with respect to future business
decisions. The actual results of XML Global Technologies, Inc. may differ
materially from those indicated by these forward looking statements as a
result of various important factors, including, but not limited to, those
discussed in the Risk Factors section of XML Global Technologies'
prospectus, which is on file with the Securities and Exchange Commission.


PR Contact Information
Contact     Anthony Dutton
            Director of Corporate Communications
Phone       1-604-717-1100 ext.112
            1-800-201-1848 ext.112
Fax         1-604-717-1107
Email       anthony.dutton@xmlglobal.com
Web         www.xmlglobal.com