MONTREAL, QUEBEC--(Marketwire - Oct. 17, 2011) - Exploration Orbite VSPA Inc. ("Orbite" or the "Company") (TSX VENTURE:ORT.A) is pleased to announce that effective at the open of markets on October 17, 2011, the Company will be re-named "Orbite Aluminae Inc.". The name change will not impact the Company's organizational structure or day-to-day operations.

"The new name Orbite Aluminae reflects more accurately Orbite's current activities as an alumina extraction company," said Richard Boudreault, President and CEO.

The Company is also pleased to announce that the Toronto Stock Exchange ("TSX") has issued final approval of the listing of the Company's class A shares on the TSX. Starting Monday October 17, 2011, the Company's shares will begin trading on the TSX under the ticker symbol "ORT". Orbite has made an application to the TSX Venture Exchange ("TSX-V") to voluntarily delist its class A shares from the TSX-V, such delisting to be effective as of the date the Company's shares commence trading on the TSX. The Company's new cusip is 68558C106.

"Orbite achieved a number of critical steps in the past months, our listing on the TSX is another important milestone in the growth of the Company and reflects positively of our growth and credibility," added Richard Boudreault.

Jennings Capital Initiates Coverage of Orbite

Orbite is also pleased to announce that Jennings Capital analysts, Ken Chernin, MBA and associate Bill Mantzoutsos, MBA, are initiating coverage of Orbite in a report entitled "Initiating Coverage; Poised To Revolutionize the Aluminum Industry " and dated October 7, 2011. Orbite is already covered by Mackie Research Capital Corporation and M Partners and this new coverage initiated by Jennings Capital will contribute to strengthen the Company's visibility. The full report is available at www.jenningscapital.com.

About Orbite

Orbite (pronounced "Or-bit") owns 100% of the mining rights on approximately 6,400 hectares of a Grande-Vallée property, the site of an aluminous clay deposit located 23 km to the south of Grande-Vallée, and a 28,000 sq. ft. full scale redundant line pilot plant in Cap Chat, in the Gaspé region. The NI 43-101 report issued in August 2011 has identified an Indicated Resource of about 1 billion tonnes of aluminous clay in part of the deposit. The Company also owns the intellectual property rights to a unique Canada and U.S.-patented process for extracting alumina from aluminous ores and for which patents are also pending in other countries. www.orbitealuminae.com