OPEL Technologies Inc. Announces New CFO

OPEL Technologies Inc. (TSX VENTURE:OPL) ("OPEL" or "the Company"), a
semiconductor device and process developer, announced today a change to its
Management Team. Michael McCoy has resigned as Treasurer and Chief Financial
Officer (CFO) of the Company and its subsidiaries in order to pursue new
personal ventures. Mr. McCoy served as CFO of the Company since January 2007 and
of OPEL Solar, Inc. since 2006. Mr. McCoy was instrumental in the completion of
the Company's Reverse Take-Over process in 2006-2007 which included the
completion of about $13.5 million financing and culminated with the TSX listing
in June 2007. He also assisted in the development of the Company's current
financial infrastructure. We wish him well in his future endeavors. 


Mr. Kevin Barnes, the current Controller of the Company has agreed to take-on
the additional responsibilities of Treasurer and CFO. Mr. Barnes has been
serving as Controller since 2007 and has been actively involved in the Financial
Statements and Management's Discussion & Analysis preparation since then. Mr.
Barnes is a member of the Institute of the Certified Management Accountants of
Australia and an Accredited Chartered Secretary. Mr. Barnes currently serves as
a Corporate Controller and Business Performance Manager for one of the world's
largest language training institutes. Prior to this, he was a reporting manager
with Duguay and Ringler Corporate Services, a Company specializing in financial
reporting for publicly traded Companies. 


The Company's Management and the Board remain optimistic that OPEL's efforts
will result in strong growth for the semiconductor line of business. They
continue to be committed to the goal of reducing operating costs, increasing
long-term shareholder value and implementing the Company's current strategic
plan for the development of the POET technology.  


"OPEL prospects remain encouraging," said Leon M. Pierhal, Chief Executive
Officer of the Company. "We would like to recognize Mike for his contributions
over his years of service to OPEL's financial growth and business development.
We thank him especially for helping us through the trying financial times that
the Company had endured over the last two years which now have been resolved
resulting in a healthier balance sheet," Pierhal stated. "We also wish to thank
Mr. Barnes for accepting the challenge of the additional financial
responsibilities and are confident he will fulfill them effectively" Mr. Pierhal
added. 


The ODIS group continues towards meetings its goals. "The strategic focus on
ODIS forges ahead in its POET development program in order to achieve the
anticipated milestones," added Pierhal. Developments and updates on POET will be
announced by press release on a timely basis following receipt by Management.  


About OPEL Technologies Inc. 

With head office in Toronto, Ontario, Canada, and operations in Storrs, CT, the
Company, through ODIS Inc., a U.S. company, designs III-V semiconductor devices
for military, industrial and commercial applications, including infrared sensor
arrays and ultra-low-power random access memory; and through OPEL Solar, Inc.,
provides PV systems for energy applications. The Company has 37 patents issued
and 13 patents pending, primarily for its semiconductor POET process, which
enables the monolithic fabrication of integrated circuits containing both
electronic and optical elements, with potential high-speed and power-efficient
applications in devices such as servers, tablet computers and smartphones.
OPEL's common shares trade on the TSX Venture Exchange under the symbol "OPL".
For more information please visit our websites at www.opeltechinc.com; for ODIS
at www.odisinc.com; and. for OPEL Solar at www.opelsolar.com.


Dated: November 30, 2012 

ON BEHALF OF THE BOARD OF DIRECTORS

Michel Lafrance, Secretary

This news release contains "forward-looking information" (within the meaning of
applicable Canadian securities laws) and "forward-looking statements" (within
the meaning of the U.S. Private Securities Litigation Reform Act of 1995). Such
statements or information are identified with words such as "anticipate",
"believe", "expect", "plan", "intend", "potential", "estimate", "propose",
"project", "outlook", "foresee" or similar words suggesting future outcomes or
statements regarding an outlook. Such statements include, among others, those
concerning OPEL's plans concerning the future development of the POET
technology. 


Such forward-looking information or statements are based on a number of risks,
uncertainties and assumptions which may cause actual results or other
expectations to differ materially from those anticipated and which may prove to
be incorrect. 


Although OPEL believes that the expectations reflected in the forward-looking
information or statements are reasonable, prospective investors in OPEL's
securities should not place undue reliance on forward-looking statements because
OPEL can provide no assurance that such expectations will prove to be correct.
Forward-looking information and statements contained in this news release are as
of the date of this news release and OPEL assumes no obligation to update or
revise this forward-looking information and statements except as required by
law. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
OPEL Technologies Inc.
Patricia Venneri Agudow
Vice President, Public Relations
[phone] x2612
[e-mail]
www.opeltechinc.com