Thinkpath to Design Assembly Machines for New Ford Plant; New Deal with Oxbow Worth Nearly $1 Million

    TORONTO--Feb. 23, 2001--Thinkpath Inc., (BSE:THP), an IT and engineering services company, today announced a USD $900,000 deal with Oxbow Machine Products Inc., a full-service manufacturer of machinery for the automotive industry.
    Under the terms of the one-year project, Thinkpath will design assembly machines for a new Ford Motor plant in Detroit, Michigan. Oxbow will build the machines.
    "Thinkpath's engineering design expertise added to Oxbow's machine building capabilities will produce state-of-the-art technology for Ford's new truck manufacturing plant," said Declan French, Thinkpath's Chief Executive Officer. "This is a natural partnership and we look forward to working with Oxbow on this project as well as other future business."
    Thinkpath's engineering team will be designing assembly machines to perform tasks such as loading seats into trucks, installing dashboard control panels, and attaching bumpers.

    About Thinkpath Inc.

    Thinkpath is a provider of IT & engineering services, offering a blended suite of outsourcing, recruiting, training and technology to enhance the resource performance of large and high-growth corporations. Thinkpath clients include Microsoft, General Motors, Goldman Sachs, General Electric, Caterpillar, and EDS Canada. Headquartered in Toronto, Canada, Thinkpath has 500 employees in 18 offices across North America. Further information about the company, its services and products can be found at www.thinkpath.com.

    About Oxbow Machine Products Inc.

    Oxbow is a full-service manufacturer of ergonomic tooling for the automotive industry. Founded in 1956, Oxbow is a Q-1 Tier One supplier to Ford Motor Company and is QS9000 certified. The company is based in Livonia, Michigan.

    This press release contains certain forward-looking statements regarding Thinkpath Inc., its business prospects and results of operations that are subject to certain risks and uncertainties posed by many factors and events that could cause Thinkpath's actual business, prospects and results of operations to differ materially from those that may be anticipated by such forward-looking statements. Readers are urged to carefully review and consider the various disclosures made by Thinkpath in this news release and other reports filed with the Securities and Exchange Commission that attempt to advise interested parties of the risks and factors that may affect Thinkpath's business.