OASIS Member News: SoftQuad XMetaL Selected by Cisco Systems To CreateXML Content

[Scott McGrath <scott.mcgrath@oasis-open.org>]

SoftQuad XMetaL Selected by Cisco Systems To Create XML Content
Toronto, ON - July 23, 2001 - SoftQuad Software, Ltd. (OTC BB:
SXML), an internationally recognized developer of XML-enabling
technologies, today announced that Cisco Systems, Inc. (NASDAQ:
CSCO) has signed an agreement to license SoftQuad XMetaL. The
agreement, valued at approximately US$1 million, includes software
licenses, technical support, and professional consulting and
customization services.

Cisco joins over 2000 companies, including Continental Airlines,
Deutsche Bank, Daimler-Chrysler and Schlumberger, who have chosen
XMetaL for XML content creation.  XML (eXtensible Markup Language)
is a World Wide Web standard for structured document formatting
and online information exchange. XML enables organizations to
share and re-use information across all e-business functions
within the enterprise and with outside entities such as partners,
customers and suppliers.
SoftQuad XMetaL is an XML editor and platform for creating
interfaces that enable everyone within an organization to create
XML content. XMetaL can be seamlessly integrated into content
management and other e-business applications.
About SoftQuad Software, Ltd.
SoftQuad Software, Ltd. (OTC BB: SXML) is an internationally
recognized developer of XML-enabling technologies and commerce
solutions for e-business. A founding member of the World Wide Web
Consortium (W3C), the Organization for the Advancement of
Structured Information Standards (OASIS) and XML.org, SoftQuad has
been instrumental in shaping and developing both the standards and
technologies that are changing the way companies exchange
information and do business over the Web.
Headquartered in Toronto, Canada, with U.S. offices in Seattle and
San Francisco, and European operations based in London, England,
SoftQuad was first to market with an advanced, yet easy-to-use XML
content creation solution, XMetaL. It has become the premier
enabling technology for XML-based content applications in
electronic publishing, e-commerce and knowledge management. For
more information, visit SoftQuad's Web site at
http://www.softquad.com.

SoftQuad and XMetaL are registered trademarks 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.
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Caution Concerning Forward-Looking Statements
Forward-looking statements in this news release are made under the
safe harbor provisions of the Private Securities Litigation Reform
Act of 1995. Such statements are management's present expectation
of future events. These forward-looking statements are subject to
certain risks and uncertainties that could cause actual results of
operations to differ materially from historical results or current
expectations.  The words "anticipates", "estimates", "expects",
"will", "should", "projects", "intends", "plans", "believes" and
words of similar substance identify forward-looking statements.
Risk factors for SoftQuad Software, Ltd.  include, but are not
limited to: shifts in demand for its products and services,
lengthened sales and implementation cycles, competitive
conditions, its ability to meet future capital requirements,
protection of its intellectual property rights, the resolution of
issues concerning commercial activities via the internet, reliance
on strategic partners, risks related to international sales and
potential foreign currency exchange fluctuations, and its ability
to attract and retain key personnel.  For a more complete
discussion of risks and uncertainties, refer to SoftQuad's most
recent reports filed with the U.S. Securities and Exchange
Commission and other regulatory authorities.  The factors
underlying projections or forecasts are susceptible to uncertainty
and subject to change.  Therefore, projections and forecasts are
valid as of the date they are made and do not necessarily reflect
SoftQuad's outlook at any other point in time. SoftQuad does not
undertake to update or review forward-looking statements.