ODS

ODESIA Group Inc. ("ODESIA" or "the Company") (TSX VENTURE:ODS), a corporation
specialized in delivering business-intelligence solutions ("BI"),
decision-process management and business analytics, has signed
agreements/contracts and undertakes its accelerated growth strategy:




--  ODESIA records a 20% growth in January 2012 compared to January 2011; 
--  ODESIA signs for $1 000 000 of contracts in France; 
--  ODESIA signs for $500 000 of contracts in Canada; 
--  New customers turn to ODESIA's expertise: NTER, Reliable-Staple,
    Randstad, Lafarge;



Fact sheet: http://www.odesia.com/docs/fact_sheet_07_fev_2012.pdf 

Corporate profile: http://www.odesia.com/docs/ODESIA%202011.pdf

"We had a great month of January. In addition to exceeding our sales targets, we
added new customers to our order book; a major vote of confidence. Renewing
multiple agreements also demonstrates our customers' confidence and
satisfaction" declared Nicolas Bonnafous, President and Chief Executive Officer
of ODESIA.


The hiring of experienced Business Intelligence executives in the last quarter
of 2011 allowed ODESIA to increase its domestic and international business
volume significantly in January 2012 compared to the same period last year.


"ODESIA's objective is to consolidate the Canadian and European intermediate BI
companies' market" added Mr. Bonnafous.


Partnerships and Acquisitions 

The BI market is largely fragmented and several merger opportunities are
possible. The Company now has an experienced and dynamic team to address market
consolidation by realizing strategic and profitable acquisitions. 


We had several meetings with companies whose offers are complementary to ours.
We are at the analysis' stage that could lead to business partnerships or
acquisitions that would expand our BI technologies' offerings in strong growth
sectors:


-  Social Networks' data analysis such as Facebook, Linkedin, Xing, Plaxo, Flicker 

-  Human Resources Performance Drivers 

-  Industrial sector production yield optimization 

-  Real-time Mobile BI Software and dashboard  

A new service is added: Business Process Management Consulting   

ODESIA extends its services range and will soon launch its consultation service
in Business Process Management ("BPM") to help companies improve the performance
of their business processes. Coupled with Business Intelligence, BPM provides
executives with a better control over the conduct of their business processes.  



ODESIA recruits 

To meet its 2012 goals, ODESIA plans to recruit several employees for its
Canadian and French. ODESIA is also going to strengthen its pole of advice in
Business Intelligence by integrating more architects and project leaders. The
recruitment will be mainly achieved by using the power of social networks.


Stock options issuance 

For his services between now and ODESIA's shareholders next annual general
meeting, Mr. Vittorio Violo, director, received 75,000 stock options of ODESIA,
at the exercise price of $0.30 each, having an exercise period of five (5) years
and vesting in three (3) equal and consecutive annual tranches.


About ODESIA Group Inc. 

ODESIA is an international corporation specialized in business-intelligence
("BI") solutions, decision-process management and business analytics for large
and medium-sized companies. ODESIA's mission is to help managers monitor the
performance of their business by accessing all relevant information at the right
time and the right place. Since 2006, ODESIA is listed on TSX-V. For more
information visit us at www.odesia.com.


Disclaimer in regards to forward-looking statements 

This press release contains forward-looking statements which reflect ODESIA's
current expectations regarding future events and may involve risks or
uncertainties. Actual results could differ materially from those projected
herein.

Odesia Group Inc. (TSXV:ODS)
Historical Stock Chart
From Jun 2024 to Jul 2024

Odesia Group Inc. (TSXV:ODS)
Historical Stock Chart
From Jul 2023 to Jul 2024