Adastra President Wins Ernst & Young Entrepreneur of Year(R) 2008 Award

Market Wire, October, 2008

Adastra Group is pleased to announce that its president, Dr. Jan Mrazek, has won the Ernst & Young Entrepreneur of the Year® 2008 Award in the Technology category for the Ontario region.

Fifty finalists were selected from hundreds of applications submitted from all across Ontario. This award is presented to business leaders who have demonstrated innovation, personal integrity, strategic direction, financial performance and, of course, entrepreneurial spirit. The Ernst & Young Entrepreneur of the Year Awards are the pre-eminent awards in Canadian business.

In 2000, Dr. Mrazek founded Adastra Group with his two partners, then co-owners of the Czech subsidiary of Speedware, a Canadian Company. Adastra Group has since become a 70 million dollar company employing over 600 people, serving 15 countries worldwide with headquarters in Toronto and offices in London, Frankfurt, Prague, Bratislava, and Sofia. Adastra has also been recognized as one of Canada's 50 Best Managed Companies for three years in a row.

"It is a tremendous honour to be named the Ernst & Young Entrepreneur of the Year," said Dr. Mrazek. "This award is a reflection not only on me, but on my two partners, our management team and all Adastra employees that have worked by my side these past eight years to help the company achieve the great success it has."

About the Ernst & Young Entrepreneur of the Year Awards Program

The Ernst & Young Entrepreneur of the Year Awards honour successful, growing business ventures in 50 countries around the world. Introduced in Canada in 1994, the Entrepreneur of the Year program rewards recipients so that they might stand as examples for fledgling entrepreneurs Canada-wide. Since its inception, the program has received over 7000 nominations in Canada and presented 679 regional awards. Panels of judges in the Pacific, Prairie, Ontario, Quebec, and Atlantic regions choose award finalists and recipients in various categories.

Applications require that the nominee has owned or managed a private or public company for at least two years, is the foremost driver of the recent performance, and acts as an active member of top management.

About Adastra Group

Headquartered in Markham, Canada, Adastra Corporation is a leading provider of Data Warehousing, Business Intelligence, and Data Integration solutions. With over 600 employees worldwide, we uniquely bridge the gap between management and technology consulting to unlock the business value of your data. Our clients include BMO Bank of Montreal, Volkswagen AG, TD Bank Financial Group, TELUS, ING Group, Dresdner Bank, and Ahold. Adastra has offices in Canada, the UK, Germany, the Czech Republic, Slovakia, and Bulgaria, and serves clients across North America and Europe. For more information visit www.adastragrp.com .

Contacts: Media Contact: Adastra Corporation Mike Ottenbrite, Marketing Manager (905) 881-7946 x229 Email: michael.ottenbrite@adastragrp.com Website: www.adastragrp.com