Released on = July 18, 2006, 8:38 am

Press Release Author = Mi-Co

Industry = Software

Press Release Summary = Mi-Co, the mobile data capture company, announced today that
solutions partner INKStreams was presented the Highly Commended Assisted Customer
Service Innovation Award in the Retail Banking category at the Banker Magazine
awards event held in London, England.

Press Release Body = Research Triangle Park NC and London, England. Mi-Co, the
mobile data capture company, announced today that solutions partner INKStreams was
presented the Highly Commended Assisted Customer Service Innovation Award in the
Retail Banking category at the Banker Magazine awards event held in London, England.


"INKStreams President, Rick daSilva, has worked with Mi-Forms technology for over 3
years and continues to demonstrate an extensive understanding of the positive
impacts of digital ink applications," stated Carolee Nail, Mi-Co Vice President,
"and we congratulate Rick and his team for receiving this award for their work at
Scotiabank."

Scotiabank, which has offices in over 50 countries and 51,000 employees, has a
stated goal of being the world's best Canadian-based international financial
services company. The bank began working with INKStreams to improve the efficiency
of the applications process in the highly competitive residential mortgage business.

A key component of the bank's pilot application uses Mi-Forms technology to capture
digital ink, convert that digital ink into computerized text and send the
information to the back end mortgage application databases for further processing.

The technology awards presented by Banker Magazine (www.thebanker.com) are designed
to provide financial institutions and their clients with an objective analysis of
the technological expertise that exists within key business areas. The Awards
highlight those solutions and projects that have made a real difference over the
past 12 months.

About INKStreams

INKStreams is a Mi-Co and Anoto business solutions provider with headquarters in
Toronto, Canada. The company is dedicated to providing cost effective and
intelligent workflow solutions using digital pen and tablet pc technology. The
company's extensive experience has demonstrated that the use of digital pens and
electronic ink is a highly efficient means of data capture. This efficiency is
gained because digital ink streamlines paper processing by immediately imaging,
routing and converting handwritten inputs to ASCII data for integration with
business systems. For more information on INKStreams and the company's offerings,
please visit www.inkstreams.com.

About Mi-Co

Mi-Co, the mobile information and data capture company, provides digital writing
software that enables an efficient and effective process for capturing and
communicating handwritten data. Mi-Co's enterprise Mi-Forms Software System enables
flexible e-forms design for data capture using digital ink. In addition, Mi-Forms
Software has proven capabilities for handwriting interpretation, touch-screen input,
verification, data validation and communication of forms-based data for enterprise
users. Mi-Forms supports Tablet PCs, UMPCs, Digital Pens, Pocket PCs and signature
capture devices. The company is headquartered in Research Triangle Park, North
Carolina and has a Washington customer service center. For more information on
Mi-Co, visit www.mi-corporation.com.



Web Site = http://www.mi-corporation.com

Contact Details = 2 Davis Drive, Box 12076
Research Triangle Park, NC
27709