20-20 TECHNOLOGIES RESPONDS TO CRESCENDO PARTNERS

LAVAL, QC, Oct. 27 /CNW Telbec/ - 20-20 Technologies Inc. (TSX:TWT) ("20-20" or the "Company") announced today that its four largest shareholders, respectively Gestion Mignault, Desjardins, la Caisse de dépôt et placement du Québec and Société financière Bourgie, have independently communicated to the Company their formal opposition to Crescendo Partners' (Crescendo) requisition to remove three of the current directors of the Company and to elect Mr. Eric Rosenfeld, Mr. André Nadeau and Mr. Mark Burton as directors in their place. These shareholders each exercise voting control over a number of shares which, when taken collectively, represents approximately 58% of the issued and outstanding shares of the Company.

The Company has undertaken several proactive measures during the past 18-24 months, the benefits of which have had a tangible impact on its profitability and competitive position. Headcount was reduced by approximately 25% from the peak level in 2008 and many offices were closed or consolidated. In 2009, the Company reported solid results with EBITDA of $9.4 million on revenues of $63.1 million. While market conditions remain challenging and volatile in many of our markets, revenues and EBITDA after nine months this year were up by 2.6% and 27.8% in constant dollars, respectively. In addition, the Company's industry leadership position remains solid based on high win rates with key reference customers in all of its business sectors.

Also, as early as January 2010 and in anticipation of its upcoming strategic plan, the Company had already commenced the process of conducting an in-depth review of the mix of skills and experience of its Board members required for the future. The Board will soon finalize this process and expects that two new Board members will be selected to replace existing ones prior to the Company's next annual meeting.

"Our Board and management believe that the implementation of the Company's strategic plan and growth initiatives will increase value for all of its shareholders.  We must continue to focus our energies on these important objectives," said Jocelyn Proteau, Vice-Chairman of the Board and Lead Director.

About 20‐20 Technologies Inc.
20‐20 Technologies is the world's leading provider of computer‐aided design and business software solutions, tailored for the interior design and furniture industries. Dealers and retailers use its desktop and Web‐based products and solutions for the Home and Office markets. 20‐20 offers a unique, proprietary, end‐to‐end solution, integrating the entire breadth of functions in interior design. It provides a bridge for data communication from the point‐of‐sale to manufacturing and to world‐leading enterprise resource planning (ERP) systems, including computer‐aided engineering and plant floor automation software. Operating in twelve countries with more than 500 employees, 20‐20 is a publicly‐traded company (TWT) on the Toronto Stock Exchange (TSX). For more information, visit www.2020technologies.com

Non-GAAP mesure
References in this press release to the term "EBITDA" are related to cash earnings. EBITDA is defined for these purposes as Operating Income before restructuring charges plus amortization and depreciation expenses. EBITDA is not a recognized measure under GAAP in Canada and may not be comparable to similar measures used by other companies.

Forward-looking statements
Certain statements contained in this news release constitute forward-looking information within the meaning of securities laws.

Implicit in this information, particularly in respect of future operating results and economic performance of the Company are assumptions regarding projected revenue and expenses. These assumptions, although considered reasonable by the Company at the time of preparation, may prove to be incorrect. Readers are cautioned that actual future operating results and economic performance of the Company are subject to a number of risks and uncertainties, including general economic, market and business conditions and could differ materially from what is currently expected.

For more exhaustive information on these risks and uncertainties, please refer to our most recently filed annual information form, available at www.sedar.com. Forward-looking information contained in this report is based on management's current estimates, expectations and projections, which management believes are reasonable as of the current date. You should not place undue importance on forward-looking information and should not rely upon this information as of any other date. While we may elect to do so, we are under no obligation and do not undertake to update this information at any particular time unless required by applicable securities law.

For further information:

MaisonBrison
Pierre Boucher
(514) 731‐0000