Mamma.Com Inc. Issues Update on Plan to Acquire Copernic Technologies Inc.

Mamma.com Inc., (NASDAQ:MAMA) (the "Company"), today 
stated that negotiations to acquire Copernic Technologies Inc. are 
ongoing and that the Company's evaluation of due diligence materials 
is nearing completion. Both parties expect to close the transaction 
before November 30th, 2005. It was previously expected that the 
parties would close the transaction in the third quarter of 2005.

   "Although our schedule for completing due diligence was very 
aggressive, we are now evaluating due diligence results and our 
review is progressing satisfactorily. Our discussions with Copernic 
continue to move forward and we are satisfied with the intensity of 
the exchanges. We are focused on working with Copernic towards the 
completion of this deal," said Guy Faure, President and CEO of 
Mamma.com Inc. "We strongly believe that the synergies created with 
Copernic in the search space combined with Mamma's Ad Network 
business will make us a stronger contender in the on-line advertising 
industry," added Faure.

   "Our team is putting forth all of its efforts in connection with 
this transaction," said Martin Bouchard, Chairman of Copernic 
Technologies. "We are eager to bring our expertise together with 
Mamma's and build a stronger and more competitive player in the 
Internet search sector," added Bouchard.

   The closing of the acquisition will be effected by the parties 
pursuant to a definitive purchase agreement, when and if negotiated 
and entered into by Mamma.com and Copernic. The specific terms and 
conditions of the LOI between Mamma.com and Copernic, including the 
proposed purchase price, are not being disclosed at this time due to 
the confidentiality restrictions in the LOI and our ongoing 
evaluation of due diligence, which could materially alter such terms 
and conditions, including the purchase price. According to the LOI, 
the acquisition would be subject to, among other conditions, approval 
by the directors of Mamma.com Inc., the shareholders of Copernic 
Technologies Inc. and the satisfactory review of due diligence 
results now in hand. Although Mamma.com and Copernic are discussing 
the terms and conditions of a definitive purchase agreement in good 
faith, there is no guarantee that the parties will successfully 
negotiate and enter into a definitive acquisition agreement, or, that 
if entered into, the parties will be able to satisfy the conditions 
prerequisite to closing. Merriman Curhan Ford & Co, an investment 
bank headquartered in San Francisco, is acting as M&A advisor to 
Mamma.com in this potential acquisition.

   About Mamma.com Inc.

   Mamma Media Solutions(TM) is focused on providing first-rate 
quality information retrieval on the Internet through its metasearch 
engine and is a leading provider of integrated marketing solutions to 
online advertisers. Mamma.com The Mother of All Search Engines(R) 
(www.mamma.com) is one of the most popular metasearch engines on the 
Internet, as it makes it easier and faster for people to find 
information by gathering the most relevant results from the best 
search engines on the Internet. Mamma Media Solutions(TM) is equally 
focused on being one of the leading providers of online marketing 
solutions to advertisers as its integrated offer includes keyword 
search listings, numerous sizes of graphic ad units and opt-in email 
marketing solutions. Mamma Media Solutions(TM) maintains a large 
publisher network on which it distributes search and graphic ad units 
for its advertisers. The Company also holds minority interests in 
analog integrated circuit products, and in the new media and 
telecommunications sectors. For more information, visit 
www.mammamediasolutions.com.

   About Copernic Technologies Inc.

   Copernic develops cutting-edge search and information management 
solutions that enable home and business PC users to maximize their 
information assets and become more efficient and proactive in their 
daily lives. The company is dedicated to providing its customers with 
cost-effective Web and desktop search technology that enables better 
decision-making and increased productivity. All Copernic products 
feature simple fast downloading, automatic installation, and the most 
ease-of-use in the industry. With unique and powerful product 
features, Copernic is the name that consumers and professionals trust 
to deliver the highest quality search products. For more information, 
visit www.copernic.com.

   Statements contained in this press release, which are not 
historical facts, are forward-looking statements as that term is 
defined in the Private Securities Litigation Reform Act of 1995. Such 
forward-looking statements are subject to risks and uncertainties 
that can cause actual results to differ materially from estimated 
results. Such risks and uncertainties are detailed in the Company's 
filings with the Securities and Exchange Commission and include but 
are not limited to whether the 2004 financial statements will be 
issued and filed and if so when.



   Mamma.com Inc. (NASDAQ:MAMA)