Issuance of options to directors

    MONTREAL, March 26 /CNW Telbec/ - Eloda Corporation ("Eloda") announces
that, subject to the approval of the TSX Venture Exchange, it has granted
stock options to two of its directors as well as to two consultants, to allow
for the purchase of up to 400,000 shares at a price of $0.57 per share for a
period ending on March 20, 2012 pursuant to its stock option plan.

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

For further information:

For further information: please contact: Eloda Corporation: Jean Charles
Dupuis, CEO, (514) 842-1513, Fax: (514) 842-4588,; Sonia
Ferland, Communications Coordinator, (514) 842-1513, Fax: (514) 842-4588,; Renmark Financial Communications Inc.: Jason Roy,; Maurice Dagenais,;
(514) 939-3989, Fax: (514) 939-3717;

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