Open EC Technologies, Inc.
TSX VENTURE : OCE
PINK SHEETS : OCEIF

Open EC Technologies, Inc.

October 04, 2007 11:03 ET

OpenEC Retains AGORACOM Investor Relations

NORTH VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 4, 2007) - OpenEC Technologies Inc., (TSX VENTURE:OCE) (PINK SHEETS:OCEIF) ("OpenEC") (http://www.openec.com) is pleased to announce it has retained the services of AGORACOM Investor Relations ("AGORACOM") (http://www.agoracom.com) to provide additional investor relations services in conjunction with its existing investor relations firm, Valentis Capital Corp. ("Valentis").

The objective of this agreement is two-fold. First, to create effective communication between OpenEC, its shareholders and the investment community through AGORACOM's internet based investor relations system. Effective immediately, a customized and monitored OpenEC IR HUB (http://www.agoracom.com/IR/openec) will allow both OpenEC and AGORACOM to communicate with all investors simultaneously, anytime and in real-time, while providing shareholders with equal access and complete transparency to all investor relations communications. The IR HUB will also provide one-click access to all critical OpenEC IR information, as well as, an executive audio address. In addition, the IR HUB provides investors with a monitored discussion forum for the purposes of constructive and high-quality discussion about the Company that is free of spam, bashing, hyping and profanity.

Second, AGORACOM will be responsible for raising OpenEC awareness amongst retail investors for the purposes of attracting new and prospective shareholders. As an exclusive small-cap content provider to Yahoo Finance Canada, AOL Finance Canada and every Blackberry device on the planet, AGORACOM will provide Tier-1 financial coverage of all meaningful OpenEC press releases.

AGORACOM will be fully responsible for creating, implementing and executing an investor relations strategy, the consolidation of which will save management a considerable amount of time, effort and expense, allowing them to focus on core business operations, while significantly improving shareholder communications.

OpenEC CEO, Martyn Armstrong, stated, "OpenEC believes the time has now come to significantly increase our communications with shareholders and the investment community. The solution provided by AGORACOM fulfils our need to manage and execute an IR strategy in a cost efficient manner, while providing our management team with the ability to focus on executing the business plan. Our shareholders and Company will benefit greatly from near real-time communications, regularly planned updates and increased exposure."

For all future OpenEC investor relations needs, investors are asked to visit the OpenEC IR Hub at http://www.agoracom.com/IR/openec where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to OCE@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

The terms of the agreement are as follows: Duration - 12 months. Monthly Cash Compensation - $3,000. Options - 250,000 shares at $CDN .20 per share; This agreement has been negotiated entirely at arm's length. AGORACOM is located in Toronto, Ontario.

About AGORACOM Investor Relations Corp.

http://www.agoracom.com

http://www.AgoraIR.com

AGORACOM Investor Relations is North America's leading outsourced investor relations firm for small-cap companies. AGORACOM's exclusive IR HUB delivers two-way investor relations and communications that provides 100% transparency, accessibility, equality and near real-time communications for all shareholders and the investment community.

AGORACOM has specialized in small-cap investor relations since 1997 and is the exclusive provider of all small-cap content to Yahoo Finance Canada, The AOL Small Cap Channel and every Blackberry device on the planet.

About Open EC Technologies Inc.

Open EC Technologies Inc ("OCE") www.openec.com is a TSX Venture Exchange listed holding company specializing in the acquisition of software companies in e-business, mobile business and business to business (b2b) commerce. Our subsidiaries, SoftCare EC Solutions, www.softcare.com , and Headware Shenzhen Software, www.headware.cn provide software solutions to customers throughout North America and Asia. With over 400 employees in the OpenEC Group of companies we deliver global innovative software solutions to mid market through fortune 100 companies.

The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.

The TSX Venture Exchange has not reviewed this press release and neither approved nor disapproved the information contained in this press release.

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