ODESIA Group announces changes to its Board of Directors

MONTREAL, Nov. 3 /CNW Telbec/ - ODESIA Group Inc. ("ODÉSIA") (ODS on the TSX Venture Exchange), announces the immediate nomination of Mr. Michael Perrault and Mr. Timothy Murdoch as Directors of the Corporation. These nominations follow the departure of Mr. Jacques Topping, Jan Czech and André Malo.

"We appreciate the contribution that Mr. Topping, Mr. Czech and Mr. Malo brought to the Board of Directors and thank them for the support and guidance provided over the last four years. We wish them the best of luck in their future endeavours and implications", declared Nicolas Bonnafous, President and Chief Executive Officer of ODÉSIA.

Following these changes, Mr. Nicolas Bonnafous will act as interim Chairman of the Board of Directors and Mr. Michael Perrault will act as President of the Audit, Human Resources and Corporate Governance Committee which will be formed of Mr. Michael Perrault, Mr. Timothy Murdoch and Mr. Nicolas Bonnafous. The Corporation is also considering adding one or two additional Board members between now and the next annual general meeting of shareholders.

Mr. Perrault has over 25 years of innovation under his belt. He was one of the visionaries responsible for creating SolPowered Energy Corp., having seen a clear and pressing need in the market to drive the creation of as much clean energy as possible. To date, he has raised over $100M US from venture capital partners in Canada and the US as well as from three strategic partners. Prior to his involvement with SolPowered, Mr. Perrault co-founded Simpler Networks and ran the company for ten years prior to selling it in 2008. He currently serves on the Boards of Epicore Bio-Networks (TSX-V: EBN) as well as the Quebec Technology Association (QTA) where he also chairs the organizing committee for CEO Vision 2010, the largest fundraising conference of the association. Mr. Perrault holds an Honours Degree in Electrical Engineering (Honours) and an MBA from McGill University.

Mr. Murdoch has enjoyed a productive 25-year career in Canada and the United States. He founded Murdoch International, Ltd. in 1998 to facilitate Québec-U.S. market access and business development. He has advised entrepreneurs and managers at over 50 fast-growing companies in Quebec, primarily in their U.S. expansions. Mr. Murdoch's former employers include IBM in Boston, InterTalent Agency in Los Angeles, and Astral Media (formerly Astral Communications) in Montreal. Mr. Murdoch is a former director of Diagnos (TSX-V; ADK), a publicly traded Canadian corporation that develops and commercializes technologies that combine contextual imaging and traditional data mining to improve decision-making processes. A dual U.S. & Canadian citizen, Mr. Murdoch holds an MBA from the Harvard Business School and an A.B., History from Princeton where he was graduated With Distinction in American Studies.

The nominations of Mr. Perrault and Murdoch remain subject to applicable regulatory requirements.

Disclaimer in regards to forward-looking statement

This press release contains forward-looking statements which reflect ODESIA's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. Readers are cautioned against exaggerated confidence in any information of a prospective nature. ODESIA rejects any obligation to revise or update the forward-looking statements contained in this press release.

    
    Neither TSX Venture Exchange nor its Regulation Services Provider (as
    that term is defined in the policies of the TSX Venture Exchange) accepts
    responsibility for the adequacy or accuracy of this release.
    

About ODESIA

ODESIA is an international corporation specialized in business intelligence (BI) solutions, decision processes and data warehousing for large corporations. The Company's goal is to provide customers a complete solution, no matter the technical challenge. For more information, visit us at www.odesia.com

%SEDAR: 00021845EF

SOURCE ODESIA GROUP INC.

For further information: For further information: ODESIA Group Inc.: Nicolas Bonnafous, President and CEO, (514) 876-1155, nbonnafous@odesia.com; Jasmin-Dumais Financial Communications inc.: Mr. Frédéric Dumais, Partner, (514) 862-1251, fred@comjamais.com; Mr. Marc Jasmin, Partner, (514) 231-2360, marc@comjamais.com

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ODESIA GROUP INC.

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