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EPOD Announces Renewable Energy Income Fund, Engagement of Fund Manager

Posted on: Thursday, 27 April 2006, 09:00 CDT

EPOD International Inc. (the "Company", "EPOD") (OTC BB: EPOI) (Frankfurt: EDU), announces the Company intends to create a renewable energy income fund and has engaged Asset Logics Capital Management Inc. ("ALCM").

EPOD announces the Company intends to create a renewable energy income fund for the purpose of investing in utility-integrated, renewable energy infrastructure projects. The EPOD Renewable Energy Income Fund ("REIF") will be utilized to invest in renewable power generating assets with a focus on commercial solar power installations. The installations will be utility-integrated, selling 100% of power generated to the Fund's utility customers under industry standard 20-year power purchase agreements.

The Company intends to sell commercial solar power installations to the REIF, as well as operate the installations for the Fund under an operating and maintenance contract. Additionally, EPOD will retain a carried interest in the projects earning a share of the long term, power sales revenue.

EPOD has engaged ALCM to serve as fund manager and advisor to the EPOD Renewable Energy Income Fund. ALCM, a British Columbia-based registered portfolio manager and its affiliated company, Energy Logics Inc., have focused on the exploration, financing, and management of sustainable wind energy investments globally. Energy Logics currently has in excess of 1,000MW of wind-power under development in Canada, the United States and the Philippines.

Further information regarding Asset Logics Capital Management and Energy Logics may be found by visiting www.assetlogics.com and www.energylogics.net. Further information regarding EPOD International may be found by visiting www.epodinc.com.

 L. Mark Roseborough President EPOD International Inc. 

"Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: Statements about EPOD's future expectations, including future revenue, earnings, and transactions, as well as all other statements in this press release other than historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. EPOD intends that such forward-looking statements be subject to the safe harbors created thereby. These statements involve risks and uncertainties that are detailed from time to time in the Company's filings with the Securities and Exchange Commission, including, but not limited to, the Company's 10-KSB for year ended December 31, 2005 filed on or about April 17, 2006, and incorporated herein by reference.

About EPOD: EPOD International Inc. is a leader in the development of advanced energy management technologies with real-world market applications. The Company's patent-pending 'Energy Pod' technology manages and manipulates electrical energy such that utilization of DC-electric battery power becomes significantly more efficient. EPOD's patent-pending and proprietary technologies are applicable to a wide variety of industries and applications, and are available through licensed OEM's and directly to end-users.

The Company's filings, including current financial reports, can be accessed through the EDGAR database at www.sec.gov.

 For more information please contact: Brett Walker Telephone: (604) 669-0600 Fax: (604) 662-0672  

SOURCE: EPOD International Inc.

Source: MARKET WIRE

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