Solium News


Jan 29, 2002 2:05PM - Solium Capital Inc. Announces Contract with Shell Canada Limited

FOR: SOLIUM CAPITAL INC.

CDNX SYMBOL: SUM

JANUARY 29, 2002

Solium Capital Inc. Announces Contract with Shell Canada Limited

CALGARY, ALBERTA--Solium Capital Inc. ("Solium") announced that it has entered into a contract with Shell Canada Limited ("Shell Canada"), to provide outsourced administration for the Shell Canada employee stock option program. "Shell Canada has a very strong brand name in the Canadian Oil & Gas Industry and we are excited to be of service to the Company and its employees. Strategically this is a very important contract for Solium. A marquee name such as Shell Canada continues to validate our proposition in the marketplace as one of Canada's premier outsourced solutions for world class companies." says John Kenny President and CEO.

About Solium Capital Inc.(SUM - Canadian Venture Exchange).

Solium is an outsourced provider of solutions for employee ownership entitlement programs. Solium's flagship application, e-SOAP (employee stock option administration platform), is a complete end-to-end solution for the administration, execution and reporting of employee stock options for Canadian public companies.

About Shell Canada Limited

Shell Canada is one of the largest integrated petroleum companies in Canada. The company is a major producer of natural gas, natural gas liquids and bitumen, and the country's largest producer of sulphur. Shell Canada is also a leading manufacturer, distributor and marketer of refined petroleum products. Shell Canada is leading the Athabasca Oil Sands Project, the largest investment in the Company's history.

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FOR FURTHER INFORMATION PLEASE CONTACT:

Solium Capital Inc.
John Kenny
President and CEO
Email: john.kenny@solium.com
or
Solium Capital Inc.
Lynn Leong
Chief Financial Officer
(403) 515 -3910
(877) 380 -7793 (FAX)
Email: lynn.leong@solium.com
Website: www.solium.com

The Canadian Venture Exchange has neither approved nor disapproved the information contained herein.

INDUSTRY: SCR
SUBJECT: NWS

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