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Re: gerard711 post# 38

Saturday, 10/14/2006 8:47:03 AM

Saturday, October 14, 2006 8:47:03 AM

Post# of 5799
Well there is the news I was looking for,volume picking up and soon the price will also. The port security topic all over the news lately......

Coda Octopus Expands Into New Head Office in New York City, Expects Worldwide Employee Count to Grow to Eighty by Year End
Coda Octopus Group, Inc. (PINKSHEETS: CDOC), a world leader in 3D subsea technology with key applications in port security and defense, announced today that it has moved its corporate headquarters into a new, larger space in New York City. Effective immediately, communications with the Company should be addressed to:

Coda Octopus Group, Inc.
164 West 25th Street, 6th Floor
New York, NY 10001

According to Jason Reid, President and CEO, "As our Company continues to grow, our employee count worldwide also has grown, with a total of approximately 65 employees now working at our U.S. offices in New York City, Washington D.C. and St. Petersburg, Florida and on our team in Norway and the UK. As per plan, by year end we anticipate a total employee count of approximately 80." Mr. Reid continued, "With customers and operations around the world, we're pleased with our decision in 2004 to base our head offices in New York, and look forward to continuing our expansion here."




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