Espial Group Inc.
TSX : ESP

Espial Group Inc.

December 24, 2007 13:33 ET

Espial Group Inc. Announces Changes to the Board of Directors

OTTAWA, ONTARIO--(Marketwire - Dec. 24, 2007) - Espial Group Inc. ("Espial" or the "Company"), (TSX:ESP), a leader in the delivery of IPTV middleware and applications, today announced that Charles Chi has resigned from the Board of Directors of the Company, effective immediately. On behalf of the Company and its Board of Directors, Jaison Dolvane, President and CEO of Espial, would like to thank Mr. Chi for his many years of valued contribution as a Director of the Company. "Charles has been a member of our Board since 2000 and he has played a significant role in the evolution of the Company" Dolvane commented.

Espial today also announced that Pierre Donaldson has been appointed by the Board to replace Chi as a Director of the Company. Donaldson is a Partner at JLA Ventures which is a major shareholder of the Company. Over the past 22 years he has acquired extensive experience in the software and high-tech industries in executive roles across several companies, including president and CEO of Bioscrypt Inc. He led an important acquisition when the company, then Mytec, acquired a major competitor, Biometric Identification Inc. The two companies merged to become Bioscrypt Inc., a leading North American biometric software firm. From 1998 - 2000 Donaldson was executive vice-president, worldwide field operations, for the Descartes Systems Group Inc., a provider of business-to-business Internet logistics solutions. Prior to this Donaldson was vice-president, sales and marketing for Treasury Services Co. (acquired in 1997 by Oracle Corporation) which is a supplier of information management software. As well, he has also served as president and CEO of Virtual Prototypes Inc., and held several senior management positions with Dun & Bradstreet Software Corporation. Mr. Donaldson received his Bachelor of Commerce from the Hautes Etudes Commerciales at the University of Montreal.

About Espial

Espial provides IPTV middleware and applications that enable superior quality of experience, fast application performance, carrier-grade scalability, and open extensibility, all at a lower total cost of ownership. Espial's Evo® IPTV Service Platform, which can be purchased as modular components or as part of a pre-integrated client-server solution, includes Evo Client, Evo Server, Evo Browser, Evo BML Browser, Evo Future-Proof Framework™, Evo SkinTones™ and applications such as Electronic Program Guide, Video on Demand, Digital Video Recorder, Content Portal, Games, and Triple Play.

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