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    <p align=center><font size="2" face="Times New Roman"><b>As filed with the Securities and   Exchange Commission on May 17, 2005</b></font></p>  </td>
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  <font size="2" face="Times New Roman"><b>Registration   No. 333-<u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u></b></font></p>  </td>
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  <font size="5" face="Times New Roman"><b>SECURITIES AND EXCHANGE COMMISSION</b></font></p>
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  <font size="3" face="Times New Roman"><b>Washington, D.C.&#160; 20549</b></font></p>
  
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  <font size="5" face="Times New Roman"><b>FORM S-8<br> </b></font>
  <font size="3"><b>REGISTRATION STATEMENT</b></font></p>
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  <font size="3" face="Times New Roman"><b>UNDER<br> THE SECURITIES ACT OF 1933</b></font></p>
  
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  <font size="6" face="Times New Roman"><b>724 SOLUTIONS INC.<br> </b></font>
  <font size="1" face="Times New Roman"><b>(Exact name of registrant as specified in its charter)</b></font></p>
  
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  <font size="2" face="Times New Roman"><b>Canada</b></font></p>  </td>
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    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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  <font size="2" face="Times New Roman"><b>Not Applicable</b></font></p>  </td>
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    <p  align="center"><font size="1" face="Times New Roman"><b>(State or   other jurisdiction of incorporation or organization)</b></font></p>  </td>
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  <font size="1" face="Times New Roman"><b>(I.R.S.&#160; Employer Identification No.)</b></font></p>  </td>
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  <font size="2" face="Times New Roman"><b>1221 State Street, Suite 200<br>   Santa Barbara, CA</b></font></p>  </td>
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    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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  <font size="2" face="Times New Roman"><b>93101</b></font></p>  </td>
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  <font size="1" face="Times New Roman"><b>(Address   of Principal Executive Offices)</b></font></p>  </td>
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  <font size="1" face="Times New Roman"><b>(Zip Code)</b></font></p>  </td>
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    <p  align="center"><font size="2" face="Times New Roman"><b>724 Solutions Inc. 2005 Stock   Incentive Plan</b></font></p>  </td>
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    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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  <font size="1" face="Times New Roman"><b>(Full   title of the plan)</b></font></p>  </td>
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    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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  <font size="2" face="Times New Roman"><b>Glenn Barrett</b></font></p>  </td>
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    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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  <font size="2" face="Times New Roman"><b>724 Solutions Inc.</b></font></p>  </td>
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    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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  <font size="2" face="Times New Roman"><b>1221 State Street, Suite 200</b></font></p>  </td>
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    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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  <font size="2" face="Times New Roman"><b>Santa Barbara, CA 93101</b></font></p>  </td>
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    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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    <p  align="center"><font size="2" face="Times New Roman"><b>Tel: (805) 884-8308</b></font></p>  </td>
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    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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  <font size="1" face="Times New Roman"><b>(Name and   address, including zip code, and telephone number, including area code, of   agent for service)</b></font></p>  </td>
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  <font size="2" face="Times New Roman"><b>CALCULATION OF REGISTRATION FEE</b></font></p>
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  <font size="1" face="Times New Roman"><b>Title of   securities to be<br>   registered</b></font></p>  </td>
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    <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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  <font size="1" face="Times New Roman"><b>Amount to   be<br>   registered</b></font></p>  </td>
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    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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  <font size="1" face="Times New Roman"><b>Proposed   maximum<br>   offering price per<br>   share</b></font></p>  </td>
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    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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  <font size="1" face="Times New Roman"><b>Proposed   maximu<br>&#160;aggregate offering<br>   price</b></font></p>  </td>
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    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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  <font size="1" face="Times New Roman"><b>Amount of<br>   registration<br>   fee</b></font></p>  </td>
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    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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    <p style="margin-left:1em; text-indent:-1em"><font size="2" face="Times New Roman">Common   Shares,<br>   no par value</font></p>  </td>
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  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <font size="2" face="Times New Roman">775,000   shares</font></p>  </td>
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  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <font size="2" face="Times New Roman">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.02   (1)</font></p>  </td>
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  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <font size="2" face="Times New Roman">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5,440,500</font></p>  </td>
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  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <font size="2" face="Times New Roman">$&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;640.34</font></p>  </td>
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    <p><font size="2" face="Times New Roman">(1)</font></p>  </td>
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  <font size="2" face="Times New Roman">Estimated pursuant to Rule 457(h) solely for purposes   of calculating the aggregate offering price and the amount of the   registration fee based upon the weighted average of (a) the weighted average   price ($5.85) at which the 427,000 options granted under the plan as of   May&nbsp;17, 2005 may be exercised and (b) as to the remaining 348,000 shares   authorized under the plan, the average of the high and low prices reported   for the shares on the Nasdaq SmallCap Market on May 12, 2005 ($8.47).</font></p>  </td>
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  <font size="2" face="Times New Roman"><b>PART I</b></font></p>
  <p  align="center">
  <font size="2" face="Times New Roman"><b>INFORMATION REQUIRED IN THE SECTION 10(A) PROSPECTUS</b></font></p>
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  <font size="2" face="Times New Roman"><b>Item 1.</b></font></p>  </td>
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  <font size="2" face="Times New Roman"><b>Plan Information.</b></font></p>  </td>
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  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The documents containing the information specified in Part I (plan and registrant information) will be delivered in accordance with Rule 428(b)(1) under the Securities Act of 1933, as amended (the &#147;Securities Act&#148;).&#160; Such documents are not required to be, and are not, filed with the Securities and Exchange Commission (the &#147;Commission&#148;), either as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424 under the Securities Act.&#160; These documents, and the documents incorporated by reference in this Registration Statement pursuant to Item 3 of Part II of this Form S-8, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.</font></p>
  
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  <font size="2" face="Times New Roman"><b>Item 2.</b></font></p>  </td>
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  <font size="2" face="Times New Roman"><b>Registrant Information and Employee   Plan Annual Information.</b></font></p>  </td>
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  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Upon written or oral request, any of the documents incorporated by reference in Item&nbsp;3 of Part II of this Registration Statement, which are also incorporated by reference in the Section 10(a) prospectus, other documents required to be delivered to eligible participants pursuant to Rule 428(b), or additional information about the 724 Solutions Inc. 2005 Stock Incentive Plan (the &#147;Plan&#148;), will be available without charge by contacting Eric Lowy, General Counsel and Corporate Secretary, 20 York Mills Road, Suite 201, Toronto, Ontario, Canada, M2P 2C2 (Tel.: (416) 226-2900).</font></p>
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  <font size="2" face="Times New Roman"><b>PART II</b></font></p>
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  <font size="2" face="Times New Roman"><b>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</b></font></p>
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  <font size="2" face="Times New Roman"><b>Item 3.</b></font></p>  </td>
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  <font size="2" face="Times New Roman"><b>Incorporation&#160; of Documents by Reference.</b></font></p>  </td>
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  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents, which have been filed by 724 Solutions Inc. (the &#147;Company&#148;) with the Commission, are incorporated in this Registration Statement by reference:</font></p>
  
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  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the   Company&#146;s annual report on Form 10-K for the year ended December 31, 2004;</font></p>  </td>
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  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the   Company&#146;s quarterly report on Form 10-Q for the three months ended March 31,   2005;</font></p>  </td>
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  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the   Company&#146;s reports on Form 8-K filed on February 9, 2005, April 27, 2005 and   April 29, 2005 (other than, with respect to these   reports, information that is deemed not to be filed under the rules of the   Commission);</font></p>  </td>
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  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;the   description of the Company&#146;s common shares and related rights included in the   Company&#146;s Form 8-A&#146;s filed with the Commission on January 26, 2000 and   February 24, 2003.</font></p>  </td>
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  <p><font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All documents subsequently filed by the Company pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be a part hereof from the date of filing of such documents.</font></p>
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  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement.&#160; Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.</font></p>
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  <font size="2" face="Times New Roman"><b>Item 4.</b></font></p>  </td>
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  <font size="2" face="Times New Roman"><b>Description of Securities.</b></font></p>  </td>
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  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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  <font size="2" face="Times New Roman">Not applicable.</font></p>  </td>
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  <font size="2" face="Times New Roman">- 1 -</font></p>
  
  
  
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    <td width="10%" valign="top">
    <p>
  <font size="2" face="Times New Roman"><b>Item 5.</b></font></p>  </td>
    <td width="90%" valign="top">
    <p>
  <font size="2" face="Times New Roman"><b>Interests of Named Experts and   Counsel.</b></font></p>  </td>
   </tr>
  </table>
  
  <p>
  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Eric Lowy, Esq. is employed as the Corporation&#146;s General Counsel and Corporate Secretary.&#160; Mr. Lowy is the beneficial owner of 1,500 of the Company&#146;s common shares.&#160; </font></p>
  <table align="center"  border="0" style="border-collapse:collapse" cellspacing="0"  cellpadding="0"  width="100%">
  
   <tr>
    <td width="10%" valign="top">
    <p>
  <font size="2" face="Times New Roman"><b>Item 6.</b></font></p>  </td>
    <td width="90%" valign="top">
    <p>
  <font size="2" face="Times New Roman"><b>Indemnification of Directors and   Officers.</b></font></p>  </td>
   </tr>
  </table>
  
  <p>
  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Company is incorporated under the laws of Canada.&#160; Pursuant to the Company&#146;s by-laws, none of its directors or officers shall be liable for any loss occasioned by any error of judgment or oversight on his or her part, or for any other loss, damage or misfortune whatever which shall happen in the execution of the duties of his or her office or in relation thereto, unless the same are occasioned by his or her own willful neglect or default; provided that no provision of such by-laws shall relieve any director or officer from the duty to act in accordance with the Canada Business Corporations Act, as amended or re-enacted from time to time (the &#147;CBCA&#148;).</font></p>
  <p>
  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In addition, the Company&#146;s by-laws require the Company to indemnify and save harmless every director or officer, every former director or officer, and every person who acts or acted at the Company&#146;s request as a director or officer of a body corporate of which the Company is or was a shareholder or creditor (or a person who undertakes or has undertaken any liability on behalf of the Company or any such body corporate) and his or her heirs and legal representatives, from and against all costs, charges and expenses, including an amount paid to settle an action or satisfy a judgment, reasonably incurred by him or her in respect of any civil, criminal or administrative action or proceeding to which he or she is made a party by reason of being or having been a director or officer of (or by reason of having undertaken such liability of) the
  Company or such body corporate, if:</font></p>
  
  <table align="center"  border="0" style="border-collapse:collapse" cellspacing="0"  cellpadding="0"  width="100%">
  
   <tr>
    <td width="5%" valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td width="5%" valign="top">
    <p>
  <font size="2" face="Times New Roman">(a)</font></p>  </td>
    <td width="90%" valign="top">
    <p>
  <font size="2" face="Times New Roman">he or she acted honestly and in good faith with a   view to the best interests of the Company; and</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">(b)</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">in the case of a criminal or administrative action   or proceeding that is enforced by a monetary penalty, he or she had   reasonable grounds for believing that his or her conduct was lawful.</font></p>  </td>
   </tr>
  </table>
  
  
  <BR>
  
  
  <table align="center"  border="0" style="border-collapse:collapse" cellspacing="0"  cellpadding="0"  width="100%">
  
   <tr>
    <td width="10%" valign="top">
    <p>
  <font size="2" face="Times New Roman"><b>Item 7.</b></font></p>  </td>
    <td width="90%" valign="top">
    <p>
  <font size="2" face="Times New Roman"><b>Exemption from Registration   Claimed.&#160; </b>Not applicable.</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p><font size="2" face="Times New Roman"><b>Item 8.</b></font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman"><b>Exhibits.</b></font></p>  </td>
   </tr>
  </table>
  
  
  <BR>
  
  
  <table align="center"  border="0" style="border-collapse:collapse" cellspacing="0"  cellpadding="0"  width="100%">
  
   <tr>
    <td width="8%" valign="top">
    <p  align="center">
  <font size="1" face="Times New Roman"><b>Number</b></font></p>  </td>
    <td width="2%" valign="top">
    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td width="90%" valign="top">
    <p  align="center">
  <font size="1" face="Times New Roman"><b>Description</b></font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <hr size="1" width="100%" noshade color=black>
  
    </td>
    <td  valign="top">
    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <hr size="1" width="100%" noshade color=black>
  
    </td>
   </tr>
   <tr>
    <td  valign="top">
    <p  align=right>
  <font size="2" face="Times New Roman">4.1</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">Articles of the Company (Incorporated by reference   to the Company&#146;s Registration Statement on Form F-1, File No. 333-90143.)</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p  align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p  align=right>
  <font size="2" face="Times New Roman">4.2</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">Articles of Continuance (Incorporated by reference   to the Company&#146;s definitive Management Information Circular and Proxy   Statement for the Annual and Special Meeting of Shareholders, filed on March   31, 2003.)</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p  align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p><font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p  align=right>
  <font size="2" face="Times New Roman">4.3</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">CBCA By-Laws (Incorporated by reference to the   Company&#146;s definitive Management Information Circular and Proxy Statement for   the Annual and Special Meeting of Shareholders, filed on March 31, 2003.)</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p  align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p  align=right>
  <font size="2" face="Times New Roman">4.4</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">Articles of Amendment (Incorporated by reference to   the Company&#146;s definitive Management Information Circular and Proxy Statement   for the Annual and Special Meeting of Shareholders, filed on March 31, 2003.)</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p  align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p  align=right>
  <font size="2" face="Times New Roman">4.5</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">Shareholder Rights Plan Agreement dated as of   February 10, 2003, between 724 Solutions Inc. and Computershare Trust Company   of Canada, as Rights Agent, including the Form of Rights Certificate attached   thereto as Exhibit A. (Incorporated by reference to the Company&#146;s   Form&nbsp;8-K, dated February 24, 2003.)</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p  align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p><font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p  align=right>
  <font size="2" face="Times New Roman">4.6</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">Form of Certificate Representing Common Shares   (Incorporated by Reference to the Form 8-A filed on January 26, 2000.)</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p  align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p  align=right>
  <font size="2" face="Times New Roman">4.7</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">Form of 2005 Stock Incentive Plan (Incorporated by   Reference to the Company&#146;s Definitive Proxy Statement, filed on March 31,   2005.)</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p  align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p  align=right>
  <font size="2" face="Times New Roman">4.8</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">Form of Stock Option Agreement (Incorporated by   Reference to the Company&#146;s Form 10-Q, filed on May 10, 2005.)</font></p>  </td>
   </tr>
  </table>
  
  <p  align="center">
  <font size="2" face="Times New Roman">- 2 -</font></p>
  
  
  
  <div style="page-break-before:always"></div>
  <PAGE>
  <br>
  
  
  
  <table align="center"  border="0" style="border-collapse:collapse" cellspacing="0"  cellpadding="0"  width="100%">
  
   <tr>
    <td width="8%" valign="top">
    <p  align=right>
  <font size="2" face="Times New Roman">5.1</font></p>  </td>
    <td width="2%" valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td width="90%" valign="top">
    <p>
  <font size="2" face="Times New Roman">Opinion of Eric Lowy, Esq. with respect to the   common shares being registered hereby.</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p  align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p  align=right>
  <font size="2" face="Times New Roman">23.1</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">Consent of KPMG LLP with respect to the financial   statements of the Company for the year ended December&nbsp;31, 2004</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p  align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p  align=right>
  <font size="2" face="Times New Roman">23.2</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">Consent of Eric Lowy, Esq. (included in Exhibit   5.1).</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p  align=right><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p  align=right>
  <font size="2" face="Times New Roman">24.1</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">Power of Attorney (included in signature pages   hereto).</font></p>  </td>
   </tr>
  </table>
  
  
  <BR>
  
  
  <table align="center"  border="0" style="border-collapse:collapse" cellspacing="0"  cellpadding="0"  width="100%">
  
   <tr>
    <td width="10%" valign="top">
    <p>
  <font size="2" face="Times New Roman"><b>Item 9.</b></font></p>  </td>
    <td width="90%" valign="top">
    <p>
  <font size="2" face="Times New Roman"><b>Undertakings.</b></font></p>  </td>
   </tr>
  </table>
  
  
  <BR>
  
  
  <table align="center"  border="0" style="border-collapse:collapse" cellspacing="0"  cellpadding="0"  width="100%">
  
   <tr>
    <td width="10%" valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td width="90%" valign="top">
    <p>
  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The   undersigned registrant hereby undertakes:</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to   file, during any period in which offers or sales are being made, a   post-effective amendment to this Registration Statement,</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to   include any prospectus required by Section 10(a)(3) of the Securities Act;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p><font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;&nbsp;&nbsp;to   reflect in the prospectus any facts or events arising after the effective   date of the Registration Statement (or most recent post-effective amendment   thereof) which, individually or in the aggregate, represent a fundamental   change in the information set forth in the Registration Statement; and</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;&nbsp;&nbsp;to   include any material information with respect to the plan of distribution not   previously disclosed in this Registration Statement or any material change to   such information in this Registration Statement;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  colspan="2" valign="top">
    <p>
  <font size="2" face="Times New Roman"><u>provided</u>, <u>however</u>, that   paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information required   to be included in a post-effective amendment by those paragraphs is contained   in periodic reports filed by the registrant pursuant to Section 13 or Section   15(d) of the Exchange Act that are incorporated by reference in the   Registration Statement;</font></p>  </td>
   </tr>
   <tr>
    <td  colspan="2" valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p><font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;that,   for the purpose of determining any liability under the Securities Act, each   such post-effective amendment shall be deemed to be a new registration   statement relating to the securities offered therein, and the offering of   such securities at that time shall be deemed to be the initial bona fide   offering thereof; and</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;to   remove from registration by means of a post-effective amendment any of the   securities being registered which remain unsold at the termination of the   offering.</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The   undersigned registrant hereby undertakes that, for purposes of determining   any liability under the Securities Act, each filing of the Company&#146;s annual   report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and,   where applicable, each filing of an employee benefit plan&#146;s annual report   pursuant to Section 15(d) of the Exchange Act) that is incorporated by   reference in the Registration Statement shall be deemed to be a new   registration statement relating to the securities offered herein, and the   offering of such securities at that time shall be deemed to be the initial   bona fide offering thereof.</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p><font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Insofar   as indemnification for liabilities arising under the Securities Act may be   permitted to directors, officers and controlling persons of the registrant   pursuant to the foregoing provisions, or otherwise, the registrant has been   advised that in the opinion of the Commission such indemnification is against   public policy as expressed in the Securities Act and is, therefore,   unenforceable.&#160; In the event that a   claim for indemnification against such liabilities (other than the payment by   the registrant of expenses incurred or paid by a director, officer or   controlling person of the registrant in the successful defense of any action,   suit or proceeding) is asserted by such director, officer or controlling   person in connection with the securities being registered, the registrant   will, unless in the opinion of its counsel the matter has been settled by   controlling
  precedent, submit to a court of appropriate jurisdiction the   question whether such indemnification by it is against public policy as   expressed in the Securities Act and will be governed by the final   adjudication of such issue.</font></p>  </td>
   </tr>
  </table>
  
  <p  align="center">
  <font size="2" face="Times New Roman">- 3 -</font></p>
  
  
  
  <div style="page-break-before:always"></div>
  <PAGE>
  <br>
  
  
  
  <p  align="center">
  <font size="2" face="Times New Roman"><b>SIGNATURES</b></font></p>
  <p>
  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Santa Barbara, State of California, on May 17, 2005.</font></p>
  <table align="center"  border=0 cellspacing="0"  cellpadding="0"  width="100%">
  
   <tr>
    <td  valign="bottom">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  colspan="2" valign="bottom">
    <p>
  <font size="2" face="Times New Roman"><b>724 S<small>OLUTIONS</small>   I<small>NC</small>.</b></font></p>  </td>
   </tr>
   <tr>
    <td width="60%" valign="bottom">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td width="6%" valign="bottom">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td width="34%" valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  valign="bottom">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="bottom">
    <p>
  <font size="2" face="Times New Roman">By:</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">/s/ E<small>RIC</small> L<small>OWY</small></font></p>  </td>
   </tr>
   <tr>
    <td  valign="bottom">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="bottom">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <hr size="1" width="100%" noshade color=black>
  
    </td>
   </tr>
   <tr>
    <td  valign="bottom">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="bottom">
    <p>
  <font size="2" face="Times New Roman">Name:</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">Eric Lowy</font></p>  </td>
   </tr>
   <tr>
    <td  valign="bottom">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="bottom">
    <p>
  <font size="2" face="Times New Roman">Title:</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">General Counsel and   Corporate Secretary</font></p>  </td>
   </tr>
  </table>
  
  <p  align="center"><font size="2" face="Times New Roman">- 4 -</font></p>
  
  
  
  <div style="page-break-before:always"></div>
  <PAGE>
  <br>
  
  
  
  <p  align="center">
  <font size="2" face="Times New Roman"><b>POWER OF ATTORNEY</b></font></p>
  <p>
  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;KNOWN TO ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints John J. Sims and Glenn Barrett, and each of them, each with full power to act without the other, as his or her true and lawful attorneys-in-fact and agents, each with full power of substitution and resubstitution, for such person and in his or her name, place and stead, in any and all capacities, to sign any amendments to this registration statement (including post-effective amendments), and to file the same, with any exhibits thereto and any other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that each of said attorneys-in-fact and agents, or their substitute or substitutes, may do or cause to be done by virtue hereof.</font></p>
  <p>
  <font size="2" face="Times New Roman">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on May 17, 2005.</font></p>
  
  
  
  <table align="center"  border="0" style="border-collapse:collapse" cellspacing="0"  cellpadding="0"  width="100%">
  
   <tr>
    <td  align="Left" width="25%" valign="top">
    <p align="center">
  <font size="1" face="Times New Roman"><b>SIGNATURE</b></font></p>  </td>
    <td width="5%" valign="top">
    <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td width="45%" valign="top">
    <p  align="center">
  <font size="1" face="Times New Roman"><b>TITLES</b></font></p>  </td>
    <td width="5%" valign="top">
    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td width="20%" valign="top">
    <p  align="center">
  <font size="1" face="Times New Roman"><b>DATE</b></font></p>  </td>
   </tr>
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    <td  align="Left"  valign="top">
    <hr size="1" width="100%" noshade color=black>
  
    </td>
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    <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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    <hr size="1" width="100%" noshade color=black>
  
    </td>
    <td  valign="top">
    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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    <hr size="1" width="100%" noshade color=black>
  
    </td>
   </tr>
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    <td  align="Left"  valign="bottom">
  
    <p align="center">
  <font size="2" face="Times New Roman">/s/ J<small>OHN</small> J. S<small>IMS</small></font></p>  </td>
    <td  valign="top">
    <p style="margin-left:1em; text-indent:-1em">
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  rowspan="3">
    <p  align="center">
  <font size="2" face="Times New Roman">Chief Executive Officer   and Director<br>   (principal executive officer)</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">May 9, 2005</font></p>  </td>
   </tr>
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    <td  align="Left"  valign="top">
    <hr size="1" width="100%" noshade color=black>
  
    </td>
    <td  valign="top">
    <p style="margin-left:1em; text-indent:-1em">
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
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    <td  align="Left"  valign="top">
  
    <p align="center">
  <font size="1" face="Times New Roman"><b>John J.   Sims</b></font></p>  </td>
    <td  valign="top">
    <p style="margin-left:1em; text-indent:-1em">
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  align="Left"  valign="top">
    <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
   </tr>
   <tr>
    <td  align="Left"  valign="bottom">
    <p align="center"><font size="2" face="Times New Roman">/s/ G<small>LENN</small> B<small>ARRETT</small></font></p>  </td>
    <td  valign="top">
    <p style="margin-left:1em; text-indent:-1em">
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  rowspan="3">
    <p  align="center">
  <font size="2" face="Times New Roman">Chief Financial   Officer, Senior Vice<br>   President, Corporate Services (principal<br>   financial and accounting officer)</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">May 17, 2005</font></p>  </td>
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    <td  align="Left"  valign="top">
    <hr size="1" width="100%" noshade color=black>
  
    </td>
    <td  valign="top">
    <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
   </tr>
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    <td  align="Left"  valign="top">
  
    <p align="center">
  <font size="1" face="Times New Roman"><b>Glenn   Barrett</b></font></p>  </td>
    <td  valign="top">
    <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
   </tr>
   <tr>
    <td  align="Left"  valign="top">
    <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p style="margin-left:1em; text-indent:-1em">
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
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    <td  align="Left"  valign="bottom">
    <p align="center">
  <font size="2" face="Times New Roman">/s/ I<small>AN</small> G<small>IFFEN</small></font></p>  </td>
    <td  valign="top">
    <p style="margin-left:1em; text-indent:-1em">
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  rowspan="3">
    <p  align="center">
  <font size="2" face="Times New Roman">Chairman and Director</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">May 17, 2005</font></p>  </td>
   </tr>
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    <td  align="Left"  valign="top">
    <hr size="1" width="100%" noshade color=black>
  
    </td>
    <td  valign="top">
    <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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    <td  align="Left"  valign="top">
  
    <p align="center">
  <font size="1" face="Times New Roman"><b>Ian Giffen</b></font></p>  </td>
    <td  valign="top">
    <p style="margin-left:1em; text-indent:-1em">
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
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    <td  align="Left"  valign="top">
    <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p style="margin-left:1em; text-indent:-1em">
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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    <td  align="Left"  valign="top">
  
    <p align="center"><font size="2" face="Times New Roman">/s/ J<SMALL>AMES</SMALL> D. D<small>IXON</small></font></p> </td>
    <td  valign="top">
    <p style="margin-left:1em; text-indent:-1em">
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  rowspan="3">
    <p  align="center">
  <font size="2" face="Times New Roman">Director</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">May&#160; 17, 2005</font></p>  </td>
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    <td  align="Left"  valign="top">
    <hr size="1" width="100%" noshade color=black>
  
    </td>
    <td  valign="top">
    <p style="margin-left:1em; text-indent:-1em">
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
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    <td  align="Left"  valign="top">
    <p align="center">
  <font size="1" face="Times New Roman"><b>James D.   Dixon</b></font></p>  </td>
    <td  valign="top">
    <p style="margin-left:1em; text-indent:-1em">
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
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    <td  align="Left"  valign="top">
    <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
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    <p style="margin-left:1em; text-indent:-1em"><font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
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    <td  align="Left"  valign="bottom">
    <p align="center">
  <font size="2" face="Times New Roman">/s/ J<small>OSEPH</small> A<small>RAGONA</small></font></p>  </td>
    <td  valign="top">
    <p style="margin-left:1em; text-indent:-1em">
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  rowspan="3">
    <p  align="center">
  <font size="2" face="Times New Roman">Director</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">May 17, 2005</font></p>  </td>
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    <td  align="Left"  valign="top">
    <hr size="1" width="100%" noshade color=black>
  
    </td>
    <td  valign="top">
    <p style="margin-left:1em; text-indent:-1em">
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
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    <td  align="Left"  valign="top">
    <p align="center">
  <font size="1" face="Times New Roman"><b>Joseph   Aragona</b></font></p>  </td>
    <td  valign="top">
    <p style="margin-left:1em; text-indent:-1em">
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
   <tr>
    <td  align="Left"  valign="top">
    <p style="margin-left:1em; text-indent:-1em"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p style="margin-left:1em; text-indent:-1em">
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p  align="center"><font size=1 face="Times New Roman">&nbsp;</font></p> </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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    <p align="center"><font size="2" face="Times New Roman">/s/ B<small>ARRY</small> R<small>EITER</small></font></p>  </td>
    <td  valign="top">
    <p style="margin-left:1em; text-indent:-1em">
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  rowspan="3">
    <p  align="center">
  <font size="2" face="Times New Roman">Director</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="2" face="Times New Roman">May 17, 2005</font></p>  </td>
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    <td  align="Left"  valign="top">
    <hr size="1" width="100%" noshade color=black>
  
    </td>
    <td  valign="top">
    <p style="margin-left:1em; text-indent:-1em">
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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    <td  align="Left"  valign="top">
  
    <p align="center">
  <font size="1" face="Times New Roman"><b>Barry J.   Reiter</b></font></p>  </td>
    <td  valign="top">
    <p style="margin-left:1em; text-indent:-1em">
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
    <td  valign="top">
    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
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    <p>
  <font size="1" face="Times New Roman">&nbsp;</font></p>  </td>
   </tr>
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  <font size="2" face="Times New Roman">/s/ B<small>ENJAMIN</small> L. S<small>COTT</small></font></p>  </td>
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  <font size="2" face="Times New Roman">Director</font></p>  </td>
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  <font size="2" face="Times New Roman">May 17, 2005</font></p>  </td>
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    <p align="center"><font size="1" face="Times New Roman"><b>Benjamin   L. Scott</b></font></p>  </td>
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metadata_documents: [{"type": "S-8", "sequence": "1", "filename": "so908723.htm", "secsgml_size_bytes": 63242}]
metadata_filer: {"company-data": {"conformed-name": "724 SOLUTIONS INC", "cik": "0001097641", "assigned-sic": "7372", "irs-number": "000000000", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-125011", "film-number": "05839413"}, "business-address": {"street1": "4101 YONGE STREET, SUITE 702", "city": "TORONTO", "state": "A6", "zip": "00000", "phone": "4162262900"}}
text: As filed with the Securities and   Exchange Commission on May 17, 2005
  Registration   No. 333-
  SECURITIES AND EXCHANGE COMMISSION
  Washington, D.C.  20549
  FORM S-8
  REGISTRATION STATEMENT
  UNDER
  THE SECURITIES ACT OF 1933
  724 SOLUTIONS INC.
  (Exact name of registrant as specified in its charter)
  Canada
  Not Applicable
  (State or   other jurisdiction of incorporation or organization)
  (I.R.S.  Employer Identification No.)
  1221 State Street, Suite 200
  Santa Barbara, CA
  93101
  (Address   of Principal Executive Offices)
  (Zip Code)
  724 Solutions Inc. 2005 Stock   Incentive Plan
  (Full   title of the plan)
  Glenn Barrett
  724 Solutions Inc.
  1221 State Street, Suite 200
  Santa Barbara, CA 93101
  Tel: (805) 884-8308
  (Name and   address, including zip code, and telephone number, including area code, of   agent for service)
  CALCULATION OF REGISTRATION FEE
  Title of   securities to be
  registered
  Amount to   be
  registered
  Proposed   maximum
  offering price per
  share
  Proposed   maximu
  aggregate offering
  price
  Amount of
  registration
  fee
  Common   Shares,
  no par value
  775,000   shares
  $     7.02   (1)
  $     5,440,500
  $     640.34
  (1)
  Estimated pursuant to Rule 457(h) solely for purposes   of calculating the aggregate offering price and the amount of the   registration fee based upon the weighted average of (a) the weighted average   price ($5.85) at which the 427,000 options granted under the plan as of   May 17, 2005 may be exercised and (b) as to the remaining 348,000 shares   authorized under the plan, the average of the high and low prices reported   for the shares on the Nasdaq SmallCap Market on May 12, 2005 ($8.47).
  PART I
  INFORMATION REQUIRED IN THE SECTION 10(A) PROSPECTUS
  Item 1.
  Plan Information.
  The documents containing the information specified in Part I (plan and registrant information) will be delivered in accordance with Rule 428(b)(1) under the Securities Act of 1933, as amended (the "Securities Act").  Such documents are not required to be, and are not, filed with the Securities and Exchange Commission (the "Commission"), either as part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424 under the Securities Act.  These documents, and the documents incorporated by reference in this Registration Statement pursuant to Item 3 of Part II of this Form S-8, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.
  Item 2.
  Registrant Information and Employee   Plan Annual Information.
  Upon written or oral request, any of the documents incorporated by reference in Item 3 of Part II of this Registration Statement, which are also incorporated by reference in the Section 10(a) prospectus, other documents required to be delivered to eligible participants pursuant to Rule 428(b), or additional information about the 724 Solutions Inc. 2005 Stock Incentive Plan (the "Plan"), will be available without charge by contacting Eric Lowy, General Counsel and Corporate Secretary, 20 York Mills Road, Suite 201, Toronto, Ontario, Canada, M2P 2C2 (Tel.: (416) 226-2900).
  PART II
  INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
  Item 3.
  Incorporation  of Documents by Reference.
  The following documents, which have been filed by 724 Solutions Inc. (the "Company") with the Commission, are incorporated in this Registration Statement by reference:
  (a)     the   Company's annual report on Form 10-K for the year ended December 31, 2004;
  (b)     the   Company's quarterly report on Form 10-Q for the three months ended March 31,   2005;
  (c)     the   Company's reports on Form 8-K filed on February 9, 2005, April 27, 2005 and   April 29, 2005 (other than, with respect to these   reports, information that is deemed not to be filed under the rules of the   Commission);
  (d)     the   description of the Company's common shares and related rights included in the   Company's Form 8-A's filed with the Commission on January 26, 2000 and   February 24, 2003.
  All documents subsequently filed by the Company pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the filing of a post-effective amendment which indicates that all securities offered hereby have been sold or which deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference herein and to be a part hereof from the date of filing of such documents.
  Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any other subsequently filed document which also is or is deemed to be incorporated by reference herein modifies or supersedes such statement.  Any statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.
  Item 4.
  Description of Securities.
  Not applicable.
  - 1 -
  Item 5.
  Interests of Named Experts and   Counsel.
  Eric Lowy, Esq. is employed as the Corporation's General Counsel and Corporate Secretary.  Mr. Lowy is the beneficial owner of 1,500 of the Company's common shares.
  Item 6.
  Indemnification of Directors and   Officers.
  The Company is incorporated under the laws of Canada.  Pursuant to the Company's by-laws, none of its directors or officers shall be liable for any loss occasioned by any error of judgment or oversight on his or her part, or for any other loss, damage or misfortune whatever which shall happen in the execution of the duties of his or her office or in relation thereto, unless the same are occasioned by his or her own willful neglect or default; provided that no provision of such by-laws shall relieve any director or officer from the duty to act in accordance with the Canada Business Corporations Act, as amended or re-enacted from time to time (the "CBCA").
  In addition, the Company's by-laws require the Company to indemnify and save harmless every director or officer, every former director or officer, and every person who acts or acted at the Company's request as a director or officer of a body corporate of which the Company is or was a shareholder or creditor (or a person who undertakes or has undertaken any liability on behalf of the Company or any such body corporate) and his or her heirs and legal representatives, from and against all costs, charges and expenses, including an amount paid to settle an action or satisfy a judgment, reasonably incurred by him or her in respect of any civil, criminal or administrative action or proceeding to which he or she is made a party by reason of being or having been a director or officer of (or by reason of having undertaken such liability of) the
  Company or such body corporate, if:
  (a)
  he or she acted honestly and in good faith with a   view to the best interests of the Company; and
  (b)
  in the case of a criminal or administrative action   or proceeding that is enforced by a monetary penalty, he or she had   reasonable grounds for believing that his or her conduct was lawful.
  Item 7.
  Exemption from Registration   Claimed.
  Not applicable.
  Item 8.
  Exhibits.
  Number
  Description
  4.1
  Articles of the Company (Incorporated by reference   to the Company's Registration Statement on Form F-1, File No. 333-90143.)
  4.2
  Articles of Continuance (Incorporated by reference   to the Company's definitive Management Information Circular and Proxy   Statement for the Annual and Special Meeting of Shareholders, filed on March   31, 2003.)
  4.3
  CBCA By-Laws (Incorporated by reference to the   Company's definitive Management Information Circular and Proxy Statement for   the Annual and Special Meeting of Shareholders, filed on March 31, 2003.)
  4.4
  Articles of Amendment (Incorporated by reference to   the Company's definitive Management Information Circular and Proxy Statement   for the Annual and Special Meeting of Shareholders, filed on March 31, 2003.)
  4.5
  Shareholder Rights Plan Agreement dated as of   February 10, 2003, between 724 Solutions Inc. and Computershare Trust Company   of Canada, as Rights Agent, including the Form of Rights Certificate attached   thereto as Exhibit A. (Incorporated by reference to the Company's   Form 8-K, dated February 24, 2003.)
  4.6
  Form of Certificate Representing Common Shares   (Incorporated by Reference to the Form 8-A filed on January 26, 2000.)
  4.7
  Form of 2005 Stock Incentive Plan (Incorporated by   Reference to the Company's Definitive Proxy Statement, filed on March 31,   2005.)
  4.8
  Form of Stock Option Agreement (Incorporated by   Reference to the Company's Form 10-Q, filed on May 10, 2005.)
  - 2 -
  5.1
  Opinion of Eric Lowy, Esq. with respect to the   common shares being registered hereby.
  23.1
  Consent of KPMG LLP with respect to the financial   statements of the Company for the year ended December 31, 2004
  23.2
  Consent of Eric Lowy, Esq. (included in Exhibit   5.1).
  24.1
  Power of Attorney (included in signature pages   hereto).
  Item 9.
  Undertakings.
  (a)     The   undersigned registrant hereby undertakes:
  (1)     to   file, during any period in which offers or sales are being made, a   post-effective amendment to this Registration Statement,
  (i)     to   include any prospectus required by Section 10(a)(3) of the Securities Act;
  (ii)    to   reflect in the prospectus any facts or events arising after the effective   date of the Registration Statement (or most recent post-effective amendment   thereof) which, individually or in the aggregate, represent a fundamental   change in the information set forth in the Registration Statement; and
  (iii)   to   include any material information with respect to the plan of distribution not   previously disclosed in this Registration Statement or any material change to   such information in this Registration Statement;
  provided
  ,
  however
  , that   paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information required   to be included in a post-effective amendment by those paragraphs is contained   in periodic reports filed by the registrant pursuant to Section 13 or Section   15(d) of the Exchange Act that are incorporated by reference in the   Registration Statement;
  (2)     that,   for the purpose of determining any liability under the Securities Act, each   such post-effective amendment shall be deemed to be a new registration   statement relating to the securities offered therein, and the offering of   such securities at that time shall be deemed to be the initial bona fide   offering thereof; and
  (3)     to   remove from registration by means of a post-effective amendment any of the   securities being registered which remain unsold at the termination of the   offering.
  (b)     The   undersigned registrant hereby undertakes that, for purposes of determining   any liability under the Securities Act, each filing of the Company's annual   report pursuant to Section 13(a) or Section 15(d) of the Exchange Act (and,   where applicable, each filing of an employee benefit plan's annual report   pursuant to Section 15(d) of the Exchange Act) that is incorporated by   reference in the Registration Statement shall be deemed to be a new   registration statement relating to the securities offered herein, and the   offering of such securities at that time shall be deemed to be the initial   bona fide offering thereof.
  (c)     Insofar   as indemnification for liabilities arising under the Securities Act may be   permitted to directors, officers and controlling persons of the registrant   pursuant to the foregoing provisions, or otherwise, the registrant has been   advised that in the opinion of the Commission such indemnification is against   public policy as expressed in the Securities Act and is, therefore,   unenforceable.  In the event that a   claim for indemnification against such liabilities (other than the payment by   the registrant of expenses incurred or paid by a director, officer or   controlling person of the registrant in the successful defense of any action,   suit or proceeding) is asserted by such director, officer or controlling   person in connection with the securities being registered, the registrant   will, unless in the opinion of its counsel the matter has been settled by   controlling
  precedent, submit to a court of appropriate jurisdiction the   question whether such indemnification by it is against public policy as   expressed in the Securities Act and will be governed by the final   adjudication of such issue.
  - 3 -
  SIGNATURES
  Pursuant to the requirements of the Securities Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Santa Barbara, State of California, on May 17, 2005.
  724 S
  OLUTIONS
  I
  NC
  .
  By:
  /s/ E
  RIC
  L
  OWY
  Name:
  Eric Lowy
  Title:
  General Counsel and   Corporate Secretary
  - 4 -
  POWER OF ATTORNEY
  KNOWN TO ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints John J. Sims and Glenn Barrett, and each of them, each with full power to act without the other, as his or her true and lawful attorneys-in-fact and agents, each with full power of substitution and resubstitution, for such person and in his or her name, place and stead, in any and all capacities, to sign any amendments to this registration statement (including post-effective amendments), and to file the same, with any exhibits thereto and any other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that each of said attorneys-in-fact and agents, or their substitute or substitutes, may do or cause to be done by virtue hereof.
  Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities indicated on May 17, 2005.
  SIGNATURE
  TITLES
  DATE
  /s/ J
  OHN
  J. S
  IMS
  Chief Executive Officer   and Director
  (principal executive officer)
  May 9, 2005
  John J.   Sims
  /s/ G
  LENN
  B
  ARRETT
  Chief Financial   Officer, Senior Vice
  President, Corporate Services (principal
  financial and accounting officer)
  May 17, 2005
  Glenn   Barrett
  /s/ I
  AN
  G
  IFFEN
  Chairman and Director
  May 17, 2005
  Ian Giffen
  /s/ J
  AMES
  D. D
  IXON
  Director
  May  17, 2005
  James D.   Dixon
  /s/ J
  OSEPH
  A
  RAGONA
  Director
  May 17, 2005
  Joseph   Aragona
  /s/ B
  ARRY
  R
  EITER
  Director
  May 17, 2005
  Barry J.   Reiter
  /s/ B
  ENJAMIN
  L. S
  COTT
  Director
  May 17, 2005
  Benjamin   L. Scott
  - 5 -