BMO Bank of Montreal renews its service agreement with Eloda



    MONTREAL, April 19 /CNW Telbec/ - Eloda Corporation ("Eloda")       
(TSX-V:ELA), an emerging North American leader in TV advertising monitoring
and verification is pleased to announce that BMO Bank of Montreal has renewed
its contract for advertising intelligence services for a third year.

    About Eloda

    Eloda Corporation is an independent third party providing a suite of
innovative, effective and user-friendly measurement and validation tools for
the advertising industry. Using its proprietary technology, Eloda is the first
company to offer a new generation of capture-index-verify applications that
allow for occurrence proof-of-performance without the traditional need for
pre-encoding. Founded in 2000, Eloda now employs 40 people. The company is
headquartered in Montreal, with sales offices in Toronto, New York and Chicago
with a U.S. operations center in Parsippany, New Jersey. The company offers
its TV ad proof-of-performance services to advertisers and agencies in both
Canada and the United States. Eloda Corporation's securities are traded on
Canada's TSX Venture Exchange under the symbol ELA.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.




For further information:

For further information: Eloda Corporation: Sonia Ferland,
Communications Coordinator, (514) 842-1513, Fax: (514) 842-4588,
sferland@eloda.com; Renmark Financial Communications Inc.: Jason Roy,
jroy@renmarkfinancial.com; Maurice Dagenais, mdagenais@renmarkfinancial.com;
(514) 939-3989, Fax: (514) 939-3717; www.renmarkfinancial.com

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ELODA CORPORATION

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