SOURCE: Database Solutions, Ltd.

October 26, 2006 10:59 ET

Database Solutions, LTD. Signs Letter of Intent With FAnews

The Agreement Will Allow the South African Premier Financial News Portal to Market "Agent Intelligence" to Their Extensive Customer Base

TORONTO -- (MARKET WIRE) -- October 26, 2006 -- DATABASE SOLUTIONS, LTD. (PINKSHEETS: DBSJ), a Customer Relationship Management (CRM) and Technology Company for the Insurance Industry, announced today that it has completed an LOI with South African financial information portal FAnews, ( to jointly market "Agent Intelligence," the CRM and Policy Administration solution for the Life Insurance and Financial Planning Sector.

The Joint Marketing Agreement outlines a working relationship between FAnews and Database Solution whereby FAnews will provide an extensive list of customers interested in installing Database Solution's "Agent Intelligence" on-demand Web-based CRM and to have Database Solution sell, install and provide customer support.

About FAnews

FAnews is South Africa's premier financial advisory news and information portal. With an emphasis on "Everything Insurance," FAnews offers South African Insurance Companies, Brokerages and Independent Advisors with endless and accurate information on everything from banking and insurance related news to technology and everything in between. In addition to its frequently visited Web site, also distributes an industry read Newsletter and Magazine.

Mr. Jason Wong, Chief Executive Officer for Database Solutions, LTD., stated, "We are very excited about this opportunity to work with FAnews, a well established financial Information Portal, and to expand our market share within South Africa."

About Database Solutions, LTD.

Database Solutions, LTD. is a technology and marketing company in the on-demand Customer Relationship Management (CRM) industry and the software developer of Agent Intelligence. Database Solution's Agent Intelligence Technology is a proprietary browser-based software and was designed specifically for the insurance industry to provide backend administration of insurance policies, client tracking and client marketing/selling strategies for an entire insurance brokerage or insurance company. The Company's family of products includes a comprehensive suite of CRM applications to help enterprises of all sizes, industries and geographies meet the complex challenge of sharing and managing information on-demand. Unlike other insurance administration systems currently on the market, Agent Intelligence focuses on the needs of the broker by simplifying their business while eliminating the paper administration involved in tracking their clients to increase sales. By automatically tracking all events along the lead development process an agent and/or manager is able to see any weaknesses in an agent's selling process. Automated reports critical to both management and agent are automatically available through the use of the Agent Intelligence System. Agent Intelligence is 100% browser based and requires no hardware or software installation. The Agent Intelligence user also immediately benefits from complete upgrades and on-demand customization.

For further information on Agent Intelligence and Database Solutions, LTD., visit the Company's Web site:

Safe Harbor

Forward-looking statements made in this release are made pursuant to the "safe harbor" provision of the Private Securities Litigation Reform Act of 1995. Forward-looking statements made by Database Solutions, LTD. are not a guarantee of future performance. This news release includes forward-looking statements, including with respect to the future level of business for the parties. These statements are necessarily subject to risk and uncertainty. Actual results could differ materially from those projected in these forward-looking statements as a result of certain risk factors that could cause results to differ materially from estimated results. Management cautions that all statements as to future results of operations are necessarily subject to risks, uncertainties and events that may be beyond the control of Database Solutions, LTD. and no assurance can be given that such results will be achieved. Potential risks and uncertainties include, but are not limited to, the ability to procure, properly price, retain and successfully complete projects, and changes in products and competition.

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