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Coda Octopus Group Appoints Nina N. Hoque to its Board of Directors

Coda Octopus Group Appoints Nina N. Hoque to its Board of Directors

ORLANDO, FL - June 8, 2017- Coda Octopus Group Inc. (CODA) (OTCQX: COGI), a global leader in real-time 3D sonar technology, announces the appointment of Ms. Nina N. Hoque to its Board of Directors. Ms. Hoque's appointment expands the Company's Board composition to four independent directors and one executive director, its chairman.

Ms. Hoque brings to CODA wide-ranging experience in corporate and financial transactions, having served as a finance and corporate lawyer for 26 years. Her background includes significant corporate and commercial legal transactions, including major transportation infrastructure projects such as the financing of the Channel Tunnel Rail Link in the U.K. and the development and financing of the first toll road in Israel, as well as acquisitions and divestitures. Currently Ms. Hoque is the principal of Hoque Consulting, a London-based consulting firm that provides legal counseling for financial institutions and other commercial enterprises

"I am pleased to welcome our newest director, Nina Hoque, on behalf of the Group's Board. Her legal acumen and extensive experience leading and completing major corporate and commercial transactions are all valuable to the Group as it continues its growth strategy. Moreover, Nina has provided counsel on numerous major infrastructure projects around the world," said Annmarie Gayle, Chairman of the Board and CEO.

Ms. Hoque founded Hoque Consulting in 2009. Between 1991 and 2009, she was engaged in the private practice of law in a number of major international firms up to partner level in Toronto, Prague and London. From 2006 to 2009, Ms. Hoque was a Partner at the London firm Nabarro LLP.

"I am excited to be joining Coda Octopus Group, which has just returned to SEC reporting in February this year. I believe that my extensive legal background dealing with a wide variety of commercial and corporate transactions, including securities, will be valuable to the Group as it progresses its strategy to grow as a significant technology company," said Ms. Hoque.

Ms. Hoque holds an LL.M. from Georgetown University Law Centre and an LL.B. from Osgoode Hall Law School, York University, in North York, Ontario. She is licensed to practice in England and Wales.

About Coda Octopus Group, Inc.

Originally founded in 1994 as Coda Technologies, the Coda Octopus Group's patented real-time 3D subsea sonar technology, Echoscope®, enables real-time 3D imaging and mapping in zero visibility conditions underwater, and is used globally in numerous applications including defense, marine construction, oil and gas subsea infrastructure installation and surveys, and port and harbor security. For further information, please visit http://www.codaoctopusgroup.com or contact us at: info@codaoctopusgroup.com.

/EIN News/ -- Forward Looking Statement

This press release contains forward-looking statements concerning Coda Octopus Group, Inc. within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Those forward-looking statements include, without limitation, statements regarding the Company's expectations for the growth of the Company's operations and revenue. Such statements are subject to certain risks and uncertainties, and actual circumstances, events or results may differ materially from those projected in such forward-looking statements. Factors that could cause or contribute to differences include, but are not limited to, customer demand for our products and market prices; the outcome of our ongoing research and developments efforts relating to our products including our patented real time 3D solutions; our ability to develop the sales force required to achieve our development and other examples of forward looking statement set forth in our registration statement on Form 10 filed with the Securities and Exchange Commission on  March 29, 2017. Coda Octopus Group, Inc. does not undertake, and specifically disclaims any obligation to update or revise such statements to reflect new circumstances or unanticipated events as they occur.

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