Calian Proceeds with Normal Course Issuer Bid.

Business Editors

KANATA, Ontario--(BUSINESS WIRE)--Jan. 15, 2001

Calian Technology Ltd. (TSE:CTY.) today announced it has received approval from the Toronto Stock Exchange to make a normal course issuer bid through the facilities of The Toronto Stock Exchange.

Repurchases will not exceed 466,317 common shares, representing 5% of the 9,326,347 common shares currently outstanding as of January 11th. The issuer bid will commence on January 17, 2001 and will not extend beyond January 16, 2002. In no event will Calian purchase in any given 30 day period during the course of the bid more than 2% of the common shares issued and outstanding as at the commencement of this bid.

The common shares may be repurchased on The Toronto Stock Exchange at market prices. Calian believes its common shares constitute an appropriate use of its general funds in order to increase shareholder equity. The current strong cash position of Calian allows Calian to implement the repurchase plan without adversely impacting Calian's operations. All common shares purchased by Calian will be canceled. Calian has not repurchased any common shares within the past 12 months. To Calian's knowledge, after reasonable inquiry, none of the directors, officers or other insiders of Calian or any associate of any such persons, or any associate or affiliate of Calian currently intends to sell common shares to Calian during the course of the issuer bid.

With annual revenues of more than $125 Million CDN, Calian is the 13th largest provider of technology and professional services in Canada. Leveraging its tremendous resource base, Calian's resourcing group assists its customers by providing them with recruiting and placement services as well as strategic long-term outsourcing services. Calian's Systems Engineering group provides leading-edge communications infrastructures to the telecommunications and government sectors and its e-Services group provides information technology consulting services.