Global IQX Inc. Named as One of 25 Top IT Up & Comers

OTTAWA, Ontario � May 7, 2004 � Global IQX Inc. is a leading provider of integrated web-based sales and service automation solutions for the group life and health insurance industry was selected by Branham Group Inc. as one of the Top 25 Canadian up and Comers within the IT industry for 2004.

The Branham Group is a widely recognized international consulting firm specializing in e business, forecasting, planning and marketing. Since 1993, Branham Group has published a listing of Canada�s Top information technology companies�The Branham 300. Widely considered to be the most comprehensive and trusted source of health indicator for IT companies in Canada. It is published annually in the April issue for National Post Business Magazine.

�We are delighted to have been recognized by Branham 300 and its consultants who contributed to our inclusion on this list,� said Global IQX President Michael de Waal. �Our talented professionals and high performance culture have contributed to making Global IQX an outstanding company.”

Global IQX Inc. is a developer of business rules engines and a suite of component-based business process management software that streamlines quoting, distribution and enrollment for the insurance industry. As well the company provides SEMCI group insurance sales solutions that streamline efficiencies and increase sales while enhancing carrier value in the multi-channel employee benefit market. These industry-proven solutions fully integrate with existing legacy systems.

About Branham Group Inc.

Braham Group Inc is a leading international �go -to-Market� consulting firm with a proven formula for helping information technology companies achieve market success. Branham conducts work not only in Canada, but also in the United States, Europe, Latin America and Asia, providing the firm with a global market perspective. Branham assists companies in the three critical areas to improve business performance � Planning, Marketing and Partnering.

About Global IQX Inc.

Global IQX is a leading provider of integrated web-based business rules engines and a suite of component-based business process management software that streamlines quoting, distribution and enrollment for the insurance industry. The company also powers private portals and a multiple insurance company portal called ConnectInsure. Global IQX saves insurance companies money by automating the sales process of their financial products. Global IQX’s clients have included Empire Life, Manulife Financial, Maritime Life, Principle Financial Group, Sun Life Financial, UnumProvident, Canada Life Assurance Company, Clarica, Liberty Health, Desjardins Financial Security, and Green Shield Canada. Product offerings are carrier specific, and include both individual and group employee benefit products. Headquartered in Ottawa, Global IQX is a privately owned corporation launched in March 2000. For more information, please visit the Global IQX Web site at www.globaliqx.com