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Fulcrum Retains Investment Banking Group to Evaluate Financing and Strategic Options

    Additional Financing Sought To Allow Fulcrum To More Rapidly Capitalize
                 On Leadership Position In Knowledge Management

    OTTAWA, Canada, Oct. 27 /PRNewswire/ - Fulcrum Technologies Inc. (NASDAQ:
FULCF; TSE: FUL) today announced that it has retained Midland Walwyn Capital
Inc. to assist the company in evaluating the various financing and strategic
options it is considering.  Fulcrum(R) is pursuing financing to help it more
rapidly capitalize on the market opportunities for its recently launched
Knowledge Network(TM) product suite.  The product, first shipped in May 1997,
has won positive feedback from customers, the trade press, and industry
analysts, who see Fulcrum as a leader in the emerging Knowledge Management
software market.
    ``The ideal partner for Fulcrum is a company that brings more than money
to the table,'' said Eric Goodwin, chairman and chief executive officer at
Fulcrum.  ``We are looking for a partner that offers complementary strengths
in terms of vision, technology and market reach in order to allow us to
exploit our leadership position in this dynamic, high growth market.''
    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.  Fulcrum is
headquartered in Ottawa, Canada, and 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.
    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.


SOURCE: Fulcrum Technologies Inc.




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CONTACT:
Gillian Brouse, Fulcrum, (613) 238-1761
ext.251, email: pr(at)fulcrum.com; Midland Walwyn, David
Elliott, (416) 369-2136 Erik Charboneau, (416) 369-2140