CanaDream taps RV|ID for Rental RV Inventory Management Solution

Solana Beach, California (November 16, 2011). CanaDream Corp (TSX VENTURE: CDN) announced that it deployed RV|ID™ earlier this year as a new telematics and inventory management solution for its rental RVs. The patent-pending RV|ID service is an innovative location-based system that provides real-time mapping, reports and alerts for high-value mobile assets. Using GPS and wireless communications technology, together with a sophisticated software analytics engine and an online portal, RV|ID gives CanaDream new tools to efficiently and effectively manage its rental inventory.

"RV|ID lets us know where each of our rental RVs is and helps us detect theft or improper use and locate the RV in an emergency, all in real-time" stated Corinna Hodge, Manager, National Fleet Operations. "Deploying RV|ID is in furtherance of our ongoing corporate strategy of leveraging the latest technology to improve our business and the RV guest holiday experience."

"We are pleased that CanaDream is finding RV|ID to be a valuable tool," said Jon Corn, president of business development & sales for Red Lantern Labs, which developed and offers RV|ID. "RV|ID's real-time mapping and analytics engine makes it very useful for rental fleet operators who are seeking new ways to manage their inventory."

About CanaDream

CanaDream is a Canadian tourism company that utilizes its proprietary business-to-business web-enabled system - www.canadasbest.com - and its business-to-consumer on-line Internet reservation system - www.canadream.com - to operate and expand its network of RV rental locations across Canada.

CanaDream maintains six Company-operated locations in Calgary, Vancouver, Whitehorse, Toronto, Montreal, and Halifax. The Company is also leveraging its proprietary technology to build a franchised network of associate dealers that are fully interconnected with CanaDream's e-commerce systems. CanaDream currently has two associate dealer co-operative marketing arrangements in Kelowna, British Columbia and Edmonton, Alberta.

CanaDream is now partnered with Apollo MotorhomeHolidays, an Australian RV rental company, through Apollo's recent CanaDream share purchase. For questions or comments please send an e-mail to chodge@canadream.com. Or find us on Twitter and Facebook for news and updates.

About RV|ID

Using GPS and wireless communications technology, the RV|ID commercial service provides valuable real-time mapping, reports and alerts for all stakeholders in the RV value chain-from floorplan lenders, to manufacturers, rental fleets and RV dealers. Learn more at www.rv-id.com. Follow RV|ID on Twitter and friend us on Facebook for news and updates.

RV|ID is offered by Red Lantern Labs, a privately held company based in Solana Beach, California. Red Lantern also offers the myRV|ID consumer services for RV owners - www.myrv-id.com. Red Lantern Labs develops advanced telematics services that address the specific needs of the value chains in the RV, marine, heavy equipment, power sports and similar industries—from floorplan lenders, to rental fleets, manufacturers, dealers, consumers and others. Its patent-pending technology offers a full range of tools and applications that help businesses reduce risk and cost, operate more efficiently, enhance customer service and improve sales.

Contacts:

CanaDream Corporation
Corinna Hodge, Manager, National Fleet Operations
+1-800-461-7368
chodge@canadream.com
www.canadream.com

Red Lantern Labs
Media Contact: Media Relations, info@rv-id.com, +1-858-771-0676
Sales: Jon Corn, sales@rv-id.com, +1-858-367-5192