Codagen Wins Investors' Choice Award at Canadian IT Financing Forum.

Business Editors

MONTREAL--(BUSINESS WIRE)--Nov. 9, 2001

Company Voted Most Compelling Investment Opportunity by

Some of the World's Leading Investors

Codagen Technologies Corp. has won an Investors' Choice Award at Canadian IT Financing Forum, Canada's largest and most prestigious venture capital showcase.

Codagen develops and markets the industry's first family of automated software development tools that enable organizations to enforce corporate standards and procedures, and provide an open approach automating the generation of all code associated with any application architecture. The Company was voted one of the most interesting investment opportunities by over 70 leading Canadian and foreign venture capital and corporate investors registered at the Forum in Vancouver on November 6 - 7, 2001.

Codagen secured top honor in the "Growth Company" category, which featured presentations from 24 fast-growing Canadian IT, software, electronics, photonics and Internet companies. These presenters were chosen-from among hundreds of applicants-based on strict criteria including a unique marketable technology or business model, a solid marketing and business plan, a strong management team, growth potential, and more.