A leader in front office automation
solutions for commercial finance operations, CapitalStream today announced
Scotiabank is using its FinanceCenter 8 platform to accelerate day-to-day
banking operations, such as credit applications.

"We are pleased to help Scotiabank leverage FinanceCenter's administration
tools to quickly and easily roll out our platform in 20 countries," said
Kevin Riegelsberger, president and CEO of CapitalStream. "This puts
Scotiabank and its international customers in a unique and leading edge
position in a very competitive commercial banking market.com

About CapitalStream

Established in 1995, CapitalStream provides software and consulting
services that enable commercial banks and finance companies to collaborate,
integrate and operate more effectively across their front office
operations. CapitalStream solutions streamline data gathering, deal
structuring, credit analysis, document generation, booking, account
monitoring and ongoing risk management to more effectively originate
transactions and manage commercial relationships.
Kitts and Nevis, St.com/cgi-bin/prnh /20040820/RESEARCH )
This innovative report will give telecom managers around the world an
immediate picture of the regions' telecom market liberalisation status.com/reports/c16448

Laura Wood
Senior Manager
Research and Markets
press@researchandmarkets.

communicate portuguese

025 ABMs.newscom.

oas counterparts

HOUSTON, Globeleq, the emerging markets power
company, announced today that it had reached an agreement to purchase a
majority of El Paso Corporation's power generation assets in Central America .

Vincent, Trinidad and Tobago,
Turks and Caicos, British Virgin Islands, and the U.

nicaragua guatemala

Steve Pearlman, Globeleq Senior Vice President for the Americas,
commented, "We are very pleased to have reached this important agreement.5 billion, Globeleq is the only operating
power company solely focused on the emerging markets of Africa, the Americas
and Asia."

www.

Scotiabank is one of North America's premier financial institutions and
Canada's most international bank.

Countries Mentioned:

Antigua and Barbuda
Dominica
Panama
Argentina
Dominican Rep.

clas honduras

Since 2002 the company has acquired more than 2,200 MW of
generation capacity, reaching a total of more than 3,000 MW in 20 projects in
15 countries.
CapitalStream, Inc.researchandmarkets.

georgetown communicate

com
Fax: +353 1 4100 980

objectives belize

Globeleq to Purchase Latin American Power Assets

Scotiabank offers a diverse range of
products and services including personal, commercial, corporate and
investment banking. Links to
each of the regulators is provided. Vincent and the Grenadines
Brazil
Guyana
Suriname
Canada
Haiti
Trinidad
Tobago
Cayman Island
Honduras
Turk and Caicos
Chile
Jamaica
United States
Colombia
Martinique
Uruguay
Costa Rica
Mexico
Venezuela
Cuba Nicaragua

For more information visit
http://www.

embassies objectives

In August, 2005, Globeleq agreed to purchase El Paso's power
generation assets in Southeast and South Asia.

belize objectives

com.

georgetown guatemala

The
first part of this report will provide you with an outlook of the
liberalisation status of each of the region's 42 countries also identifying
crucial information such as VoIP liberalisation.

guatemala judicial

"This acquisition strengthens our position in Central America, adding key
markets to our existing portfolio," said Globeleq CEO Robert Hart.

PRESS RELEASE CapitalStream FinanceCenter Helps Scotiabank Accelerate Customer Service Process in 20 Caribbean Central and Latin American Countries

It is now the leading bank in the region , with operations in 25 countries,
including Anguilla, Antigua, Bahamas, Barbados, Belize, Cayman Islands,
Costa Rica, Dominica, Dominican Republic, El Salvador, Grenada, Guyana,
Haiti, Jamaica , Netherland Antilles and Aruba, Panama, Puerto Rico, St. Scotiabank has been in Mexico
since 1967 .

americas judicial

Outside of Mexico, Scotiabank's Latin America operations
are concentrated in Chile, with Scotiabank Sud Americano.

democracy bilateral

Maarten, St. The Bank also has
minority interests in Venezuela and Peru, plus a representative office in
Brazil. In those four countries, Scotiabank has nearly 60 branches and
about 100 automated banking machines (ABMs).

Research and Markets: A Unique Report Aimed at the Telecom Industry and Its Stakeholders

The following telecom
sectors are covered:

- Fixed Local
- Fixed National
- Fixed International
- Mobile
- Data
- Internet
- VoIP

The second section of the report will provide you with an extensive list
of over 330 of the region's main fixed, mobile and Internet players with links
to their respective web site, this on a country per country basis.

oas clas

The transaction is expected to close in 2006. and Scotiabank are teaming
up to enhance the speed and efficiency of bank services in 20 Caribbean,
Central and Latin American countries. Grupo Financiero Scotiabank Inverlat SA is the country's sixth
largest commercial bank, with about 6,700 employees, some 430 branches and
a network of about 1. With approximately 48,000 employees,
Scotiabank Group and its affiliates serve about 10 million customers in
some 50 countries around the world.scotiabank.

nicaragua pdba

"With a
solid platform of operating assets, we will be poised to support the further
growth of the electric sector in this important, growing and increasingly
integrated region."
Globeleq currently owns over 700 megawatts (MW) of generating capacity in
the Americas.

"Scotiabank is now able to respond to more customers, more quickly," said
Jonathan Deletsu, director of business banking, Scotiabank. "We believe
this initiative will not only generate more business, but also enhance our
ability to reduce overhead and manage risk."

CapitalStream FinanceCenter 8 allows Scotiabank to rapidly evaluate,
originate and manage financial transactions, using Web-based process
automation and business analysis. Virgin Islands.com/reports /c16448 ) has announced the addition
of Telecom market Liberalisation Status and Key Players - Americas to their
offering.

governance oas

With assets valued at over $1.scotiabank. Lucia, St.

clas communicate

CapitalStream transforms
the paper-based operations of mid-market, small business, equipment leasing
and commercial real estate groups by reducing costs, risk and processing
times to grow their portfolios without increasing headcount.S.
For more information please visit www.

constitutions bilateral

The
bank has some 8,760 employees in the region , serving more than two million
customers, with nearly 300 branches and about 650 automated banking
machines. With US$246 billion in assets (as at April 30, 2005),
Scotiabank trades on the Toronto (BNS) and New York (BNS) Stock Exchanges.com.

involving judicial

DUBLIN, Ireland, Research and Markets
(http://www .

nicaragua counterparts

Lucia
Bolivia
Guatemala
St.

democracy judicial

Globeleq is actively pursuing further acquisitions and new
project development. Due to the limited availability of
commercial credit scores in many Caribbean countries, Scotiabank is now
able to use FinanceCenter to implement custom score cards that improve risk
management, even when credit bureau information is limited or non-existent.
Paraguay
Bahamas
Ecuador
Peru
Barbados
El Salvador
Puerto Rico
Belize
Grenada
St.

georgetown pdba

capitalstream.

About Scotiabank

Scotiabank has been part of the Caribbean and Central America since 1889.

objectives democracy

"
The transaction includes interests in 6 power generation projects in El
Salvador, Nicaragua, Panama and the Dominican Republic. By
adding to our existing regional positions in the Dominican Republic, Nicaragua
and Guatemala, and expanding our presence into Panama and El Salvador, we will
be in a strong position to meet growing demand throughout the region. For more
information, visit us at www.

Scotiabank's Latin America operations include Mexico, Chile, Venezuela,
Peru and Brazil.