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Press Release

Espial Group Inc. Announces Director Resignation

December 03, 2010

OTTAWA, Dec.3- Espial Group Inc. ("Espial" or the "Company"), (TSX:ESP), a leader in the delivery of on-demand TV software and solutions, today announced that Peter Carrescia advised the Company that he has resigned from the Board of Directors of Espial effective on December 2, 2010 for personal reasons. Mr. Carrescia also served as a member of the Company's Audit Committee and a member of the Company's Corporate Governance and Compensation Committee.The Board and Management wish to thank Mr. Carrescia for his service as a director.

About Espial (www.espial.com)

Espial is a leading supplier of high performance and open digital and IP TV software and solutions to service providers in the cable, telecommunications, hospitality and consumer electronics industries. Its middleware, video-on-demand and browser solutions provide superior service delivery, advanced service innovation tools and the flexibility to implement diverse pay-TV business models. Over 7 million licenses of its patented software are in use across the world. Espial is headquartered in Ottawa, Canada and has offices in the United States, Europe and Asia. For more information please call +1.613.230.4770 or visit www.espial.com.

 

For further information:

 

Investors:

Carl Smith
Chief Financial Officer
Espial Group Inc.
Email: csmith@espial.com
Phone: 613-230-4770

Press:

Kirk Edwardson
Director, Marketing
Espial Group Inc.
Email: kedwardson@espial.com
Phone: +1-613-230-4770 x1145

 

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