WNS EMERGENT INC. (TSX-V: WNS)
NEWS RELEASE
For Immediate Release: Wednesday, October 1, 2003
Calgary, Alberta

WNS ANNOUNCES CLOSING OF ITS ACQUISITION OF TCE

WNS Emergent Inc. (“WNS” or the “Company”) (TSX-V: WNS) and TCEnet Inc. (“TCE”) (TSX-V: TCE) are pleased to announce the completion of the acquisition of TCE by WNS pursuant to a formal arrangement agreement dated July 4, 2003, as amended and restated on August 7, 2003 (the "Arrangement Agreement").

One WNS common share has been issued for every 3.061 outstanding TCE Common Shares, resulting in a total of 5,000,148 shares of WNS being issued. In addition, WNS has issued $525,974.11 of unsecured convertible debentures upon the acquisition of the outstanding principal and interest of all previously issued secured convertible debentures of TCE. The WNS debentures shall be convertible into shares of WNS at $0.10 per share and shall bear interest at 10% per annum, payable quarterly and maturing on August 31, 2005. An application shall be made forthwith to delist the shares of TCE from the TSX Venture Exchange.

The transaction was initially announced on June 19, 2003 and disclosed in a Management Information and Proxy Circular of TCE, dated August 15, 2003. The transaction was approved by the TCE securityholders on September 15, 2003 and the Court of Queen's Bench of Alberta on September 16, 2003

"In order to unlock the benefits of any acquisition, it is imperative to move quickly to consolidate operations and work under a single vision. We have used our depth of management experience in this regard to not only complete all legal and regulatory requirements of the acquisition within 90 days, but are already operating under combined infrastructure and leadership. Our success will become evident over the next 90 days while we cement our internal operations to carry a stronger combined implementation and delivery capability to our clients" said George Watson, President & CEO of WNS.

WNS Emergent provides technology to clients to assist in the management of their vital information and documents. Our solutions allow our clients to Connect, Communicate and Collaborate. Our Connect solutions team consists of infrastructure specialists who handle everything from the complete outsourced management of networks to the most complex integration of wireless services. Our Communicate solutions include the design, development, implementation and support of specialized information and document management solutions using a team of experts deployed across Canada. Our Collaborate Solutions include proprietary information, document and records management technologies. For more information, please visit www.wnsemergent.com.

For further information, please contact:

Mr. George Watson
President & CEO
Tel: (403) 705-7500
Fax: (403) 705-7555
E-mail: george.watson@wnsemergent.com

or

Mr. Alykhan Mamdani
CFO
Tel: (403) 705-7500
Fax: (403) 705-7555
E-mail: alykhan@wnsemergent.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.