Company Signals Restructuring With Immediate Staff
                            Reductions of 20 Percent

    OTTAWA, Canada, Oct. 14 /PRNewswire/ - Fulcrum Technologies Inc. (NASDAQ:
FULCF; TSE: FUL) today announced that it expects its fiscal third quarter
results to fall significantly short of the estimates of financial analysts.
While these figures are preliminary, the Company now expects to report
revenues of approximately $7.4 million for the third quarter ended September
30, 1997. Fulcrum expects to incur an operating loss on the quarter of
approximately $8 million before restructuring costs.  Fulcrum plans to report
final results for the third quarter on November 6, 1997.  All financial
figures are expressed in Canadian dollars.
    The Company also announced restructuring plans to bring its cost
structure more in line with revenue expectations, starting with an immediate
worldwide staff reduction of 20 percent.  The focus of the staff reduction is
on overhead and non-revenue-producing positions.
    Eric Goodwin, Fulcrum's Chairman and CEO, stated: ``We are deeply
disappointed with our expected third quarter numbers.  Our traditional
information retrieval business has declined much faster than expected, due to
extreme price pressures in this market as basic information retrieval becomes
a commodity.  Our new knowledge management product line, the Fulcrum(R)
Knowledge Network(TM) (K-Net), which has as a strategic component our industry
leading search technology and expertise, continues to be well received by the
market, with third quarter orders nearly doubling from the previous quarter.
The ramp-up of K-Net revenues, however, cannot at this point offset the
dramatic erosion in our traditional business.  We are therefore facing a
very difficult cash flow situation.  The company is currently in discussions
with its principal banker to address this situation. The restructuring program
is also a key component of Management's action plan.''
    For 14 years, Fulcrum Technologies Inc. has been a world leader in
providing software solutions that turn enterprise information into knowledge.
Fulcrum's products allow customers to create multi-platform, standards-based
solutions - for customer care, best practices, publishing, and other
applications that require robust underlying search software.  Its customers
include some of the world's most important companies, including Microsoft and
Fujitsu.  Headquartered in Ottawa, Canada, Fulcrum extends its global reach
with offices throughout the United States, Europe, and in Australia and Japan,
and through a network of partners worldwide.  Fulcrum is publicly traded on
the Nasdaq National Market (``FULCF'') and on the Toronto Stock Exchange
(``FUL'').  For more information on Fulcrum and Fulcrum products, visit
Fulcrum's Web site: http://www.fulcrum.com.
    Any forward-looking statements in this release are made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act of
1995.  Investors are cautioned that all forward-looking statements involve
risk and uncertainties, including without limitation, risks of intellectual
property litigation, risks in technology development and commercialization,
risks in product development and market acceptance of and demand for the
Company's products, risks of downturns in economic conditions generally, and
in the software application development tools and information retrieval
software tools markets specifically, risks associated with competition and
competitive pricing pressures, risks associated with foreign sales and higher
customer concentration and other risks detailed in the Company's filings with
the Securities and Exchange Commission.
    In addition, the projected financial results contained in this press
release are preliminary, and the Company has not yet completed the process of
finalizing its financial results for the quarter.  Further information on
factors that could cause actual results to differ from those anticipated is
detailed in various publicly available documents, which include, but are not
limited to, filings made by the Company from time to time with the Securities
and Exchange Commission, including the Form 10-Q for the quarter ended June
30, 1997.  Any forward-looking statements should be considered in light of
these factors.

    Fulcrum is a registered trademark of Fulcrum Technologies Inc. and
Fulcrum Knowledge Network is a trademark of Fulcrum.  Other trademarks used
throughout this document are trademarks of their respective owners.

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