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Net Nanny Updates Listing Status; Company Expects to Resume Trading On January 24, 2002.

Business Editors

BELLEVUE, Wash.--(BUSINESS WIRE)--Jan. 23, 2002

Net Nanny Software International Inc. (OTCBB: NNSWE)(CDNX:NNS.V), today announced that it has filed all outstanding documents that were delinquent with the Alberta Securities Commission and had resulted in the issuance of an interim cease trade order.

The Company has met all of the required listing conditions, filing both the audited financial statements for the year ended June 30, 2001 and the unaudited first quarter financial statements for the period ended September 30, 2001. As a result, the Alberta Securities Commission has revoked the cease trade order and the Company is expected to resume trading on the CDNX on Thursday, January 24, 2002 under its trading symbol "NNS." The Company anticipates completing its Form 20F filing with the Securities and Exchange Commission within the week and resume trading under its listed symbol NNSWF.

On behalf of the Board of Directors

Net Nanny Software International Inc.

"Gordon A. Ross"

Chairman and CEO

Note to Readers: Statements in this news release looking forward in time involve risks and uncertainties, including the risks associated with the effect of changing economic conditions, trends in the development of the Internet as a commercial medium, market acceptance risks, technological development risks, seasonality and other risk factors. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this Press Release.
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Publication:Business Wire
Geographic Code:1CANA
Date:Jan 23, 2002
Words:233
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