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For Immediate Release

00/06


CONTACT:

February 4, 2000

Pam Whitworth
Communications Director
Canadian Venture Exchange
Tel: (604) 488-3126
CDNX Index Breaks 3000

The Canadian Venture Exchange’s (CDNX) Index broke 3000 for the first time today. Closing at 3056.27, the Index rose 71.4 points today. The Index has climbed 53 per cent since the Exchange’s November 29, 1999 launch, and 31 percent since the beginning of the year.

Also breaking previous records, CDNX surpassed the one hundred million share mark today as the volume of shares traded reached 111 million, surpassing the 89.5 million traded on January 24th.

"Our index is up more than 50 per cent in 50 days," notes Dennis Burdett, CDNX Chairman of the Board. "We anticipated a great deal of interest in CDNX, but its momentum and results to date continue to exceed our expectations," he continued.

Among the stocks driving the Index: TeleBackup Exchangeco is up $35 to $625 during the current year, followed by Book4Golf.com, up $11.50 to $20.50; ACD Systems International is up $10.50 to $17.50; MC2 Learning Systems, up $7.25 to $15.25; and, Dynamic Digital Depth, up $5.85 at $14.20.

The market capitalization of CDNX securities is $20.6 billion, an increase of 24 per cent since December 31, 1999.

For more information, please visit the Exchange’s website at www.cdnx.com.

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