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Coda Octopus Group, Inc. : CODA OCTOPUS RELEASES ITS NEW REAL TIME 3D UNDERWATER CONSTRUCTION SOFTWARE



    Coda Octopus Group, Inc. : CODA OCTOPUS RELEASES ITS NEW REAL TIME 3D
                       UNDERWATER CONSTRUCTION SOFTWARE

Company Contact: Geoff Turner,
                 Director and Group Officer info@codaoctopusgroup.com

                           Coda Octopus Group Inc.

CODA OCTOPUS RELEASES ITS NEW REAL TIME 3D UNDERWATER CONSTRUCTION SOFTWARE

Lakeland, Fl.June 13^th 2013) - Coda  Octopus Group, Inc. (OTC: CDOC.PK),  are 
pleased to announce the release by Coda Octopus Products Limited of the latest
version of  its  unique  underwater Construction  Monitoring  System  software 
(CMS(TM)).

CMS(TM) is designed for monitoring the  placement of concrete armour units  in 
breakwater construction projects and makes full use of the unique capabilities
of our real time Echoscope® 3D sonar  to give crane and excavator operators  a 
clear view  of concrete  blocks as  they are  placed. Originally  designed  to 
automatically  track  ACCROPODE(TM)   concrete  armour   units,  CMS(TM)   was 
originally deployed on the Ras Laffan breakwater project in Qatar by RLNBC,  a 
joint venture between Van Oord NV and Royal Boskalis Westminster NV and  since 
then the technology has been successfully used on numerous breakwater projects
around the world.

The latest version of  CMS(TM) has an improved  tracking algorithm that  gives 
better results with more challenging environments, and it has been expanded to
work with ACCROPODE(TM) II units and also Xbloc® units.  Moreover, it has been
enhanced with new key capabilities  to make placement tasks easier,  including 
functions such  as automatic  mosaicing tools,  profile views,  chain  removal 
capabilities and ability to interactively build and edit databases of  already 
placed blocks.

CMS(TM) is a significant tool  for companies building coastal structures  such 
as  breakwaters  where  the  accurate  placement  of  concrete  armour   units 
underwater is important to the effectiveness and longevity of the structures.

Coda Octopus Sales  Manager, Gareth  Simpson, said  "this new  version of  the 
software offers a real step change in the usability of the system by  widening 
the range of block types that it can be used with, and the tracking is  really 
reliable even in difficult conditions, thus giving customers significant  time 
savings and reduction in down time in their operations."  

About Coda Octopus Group, Inc.

Originally founded in 1994 as Coda Technologies, the Coda Octopus Group is now
headquartered in Lakeland, Florida.  The  Group consists of a Marine  Products 
business in Florida  and Edinburgh,  Scotland, and  engineering businesses  in 
Utah and  Weymouth,  England.  Each  of the  Group  companies  are  technology 
innovators with a particularly  high level of sonar  expertise. The Group  has 
facilities in Florida, Utah, the UK and Norway.

Alongside  providing   custom   engineering  and   development   for   defense 
applications, and oil and gas, companies,  one of the Group's key products  is 
the Coda Echoscope^® - the first  real time 3D sub-sea sonar. The  Echoscope^® 
is also at the  heart of the Underwater  Inspection System(TM) which is  being 
adopted for  homeland security,  and other  applications in  ports around  the 
world.

With this patented revolutionizing  sub-sea visualization capability, and  the 
existing systems integration  skills within Colmek  Systems Engineering,  Inc. 
and Martech Systems Engineering Ltd., the Coda Octopus Group believes they can
become a world leading integrated sonar technology supplier.

For  further  information,  please  visit  http://www.codaoctopusgroup.com  or 
contact Coda Octopus at info@codaoctopusgroup.com.

Safe Harbor Statement:

This  press  release  contains   certain  forward-looking  statements.   These 
forward-looking statements can  generally be  identified as  such because  the 
context of the statement will include words such as Coda Octopus Group  plans, 
expects,  should,   believes,  anticipates   or  words   of  similar   import. 
Stockholders, potential investors and other  readers are cautioned that  these 
forward-looking statements are predictions  based only on current  information 
and expectations that are inherently  subject to risks and uncertainties  that 
could cause future events or results to differ materially from those set forth
or implied  by the  forward-looking statements.   Certain of  those risks  and 
uncertainties are  discussed  in  registration  statement  on  Form  SB-2  and 
include, but are not  limited to, market acceptance  of Coda Octopus'  planned 
products and their level of sales, access to the capital necessary to  finance 
and grow the business, a highly competitive environment in the security  field 
that includes numerous large and  well established companies much larger  than 
ours, and our ability successfully to deploy our technologies and products  to 
meet the technical demands  and market requirements  of our customers.   These 
forward-looking statements are only made as of the date of this press  release 
and Coda Octopus Group  does not undertake any  obligation to publicly  update 
such forward-looking statements to reflect subsequent events or circumstances.

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This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients.

The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
the
information contained therein.

Source: Coda Octopus Group, Inc. via Thomson Reuters ONE
HUG#1709326
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