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Mamma.com has determined to extend the moratorium with respect to trading in shares of Mamma.com by the Company's Officers and Directors as well as the Company itself.

This moratorium, which was originally imposed in connection with our proposed acquisition of Copernic Technologies and the recently announced LOI with Copernic, will be in effect until such time as the due diligence with respect to Copernic assures the Company that there is no material information which could have necessitated a moratorium or until any such possible information has been publicly disclosed. The Company advises that this moratorium restricts any possible repurchase of Mamma.com shares under the normal course issuer bid announced September 7, 2004.

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