Sasktel And DraftFCB Renew Their Service Agreements With Eloda

    MONTREAL, March 9 /CNW Telbec/ - Eloda Corporation ("Eloda")
(TSX-V: ELA), an emerging North American leader in TV advertising monitoring
and verification, announced today the renewal of SaskTel's advertising
intelligence services contract for a third year. Similarly, ad agency DraftFCB
Toronto also renewed its service agreement for another 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 a direct-from-satellite advertising monitoring
technology coupled with its patented AdDNA(TM) technology, Eloda is the first
company to offer a new generation of capture-index-verify applications that do
not require pre-encoding. Founded in 2000, Eloda now employs 40 people. The
company is headquartered in Montreal, with offices in Toronto, New York and
Chicago and a client services and technical support office in Parsippany,
New Jersey. Eloda Corporation's securities are traded on the 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,; Renmark Financial Communications Inc.: Jason Roy,; Sylvain Laberge,;
(514) 939-3989; Fax: (514) 939-3717;

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