Epic Data Announces Completion of Financing and Provides Update

NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION
IN THE UNITED STATES


Epic Data International Inc. (TSX VENTURE:EKD) (the "Company"), a provider of
manufacturing execution systems ("MES"), today announced that it has completed
its non-brokered private placement announced on August 8, 2012 and June 14, 2012
(the "Private Placement"). The Company raised total proceeds of $2,400,000
through the issuance of 3,750,000 common shares at a price of $0.20 per share
for gross proceeds of $750,000 and secured subordinated convertible redeemable
debentures in the principal amount of $1,650,000, which are convertible into
common shares of the Company at $0.20 per share. A majority of the proceeds were
raised directly and indirectly from current management members of the Company.
The securities issued pursuant to the Private Placement are subject to a four
month hold period expiring on December 10, 2012. The proceeds will be used to
market the Company's MES products, to fund product development and for general
working capital purposes.


"The increased ownership position by members of the Company's management team
marks a key milestone in the company's future direction," said Robert Nygren,
President & CEO of the Company. "Management is excited about the establishment
of new operations in China over the past year, and the development of our new
MES software products and smart terminal."


Robert Nygren, President and Chief Executive Officer and a director of the
Company, acquired securities pursuant to the Private Placement. His
participation is considered to be a "related party transaction" as defined under
Multilateral Instrument 61-101. The purchase is exempt from the formal valuation
and minority shareholder approval requirements of MI 61-101 as the securities of
the Company are listed or quoted on one of the exchanges or markets specifically
identified in MI 61-101, neither the fair market value of the securities to be
distributed in the Private Placement nor the consideration to be received for
those securities, insofar as the transaction involves interested parties,
exceeded $2,500,000, the Company has one or more independent directors who are
not employees of the Company who are not participating in the Private Placement
and at least two thirds of such independent directors approved the Private
Placement. The Company did not file a material change report more than 21 days
before the expected closing of the Private Placement as details of the Private
Placement were not settled until shortly before the closing of the Private
Placement.


The Company also announces that it was selected by a leading US based aerospace
manufacturer to deliver the newly released UniView smart terminal and IntegraNet
manufacturing platform to its multiple manufacturing facilities in the United
States. The Company is also currently implementing IntegraNet at a major Chinese
aerospace manufacturer.


About Epic Data 

Epic Data International Inc. is a provider of manufacturing execution and
warehouse management solutions. For 36 years Epic Data has delivered real-time
data collection and production information to discrete manufacturers through
turnkey data collection, warehouse management and lean manufacturing operations
management solutions. Defense contractors, aerospace, automotive, high
technology and industrial equipment & machinery manufacturers, employ Epic Data
solutions to optimize the ROI of their manufacturing IT infrastructure
investments and operations by increasing plant productivity, materials
visibility and production velocity. Customers include Hawker Beechcraft,
Lockheed Martin, Bell Helicopter, Komatsu, Bombardier Learjet, CAE Inc.,
Kingfisher (B&Q) plc, Joy Mining Machinery, Cobham Defence Communications Ltd.,
GE Aircraft Engine, Contour Premium Aircraft Seating, McBride plc, Phoenix
Contact, Rolls-Royce and Volvo. 


For more information about Epic Data please visit our website at
www.epicdata.com or www.epicdatachina.com. 


The securities offered have not been, and will not be, registered under the
United States Securities Act of 1933, as amended, or any State laws and may not
be offered or sold in the United States absent registration or any applicable
exemption from the registration requirement of such Act. This press release
shall not constitute an offer to sell or the solicitation of an offer to buy,
nor shall there be any sale of these securities in any jurisdiction in which
such offer, solicitation or sale would be unlawful.


Caution Regarding Forward-looking Statements

In this document and in other documents filed with Canadian regulatory
authorities or in other communications, the Company may from time to time make
written or oral forward-looking statements within the meaning of applicable
securities legislation, including statements regarding the closing of the
financing and the Company's business plans and financial objectives. These
statements typically use words such as prospects, believe, estimate, forecast,
project, expect, anticipate, plan, may, should, could and would, or the negative
of these terms, variations thereof or similar terminology. By their very nature,
forward-looking statements are based on assumptions and involve inherent risks
and uncertainties, both general and specific in nature. It is therefore possible
that the forecasts, projections and other forward-looking statements will not be
achieved or will prove inaccurate. Although the Company believes that the
expectations reflected in these forward-looking statements are reasonable, it
provides no assurance that these expectations will prove to have been correct.
The Company cautions readers against placing undue reliance on forward-looking
statements when making decisions, as the actual results could differ
considerably from the opinions, plans, objectives, expectations, forecasts,
estimates and intentions expressed in such forward-looking statements due to
various material factors. Among other things, these factors include fiscal and
economic policies, changes in interest and foreign exchange rates, and general
economic conditions, legislative and regulatory developments, competition and
access to capital. The Company further cautions that the foregoing list of
factors is not exhaustive. For more information on the risks, uncertainties and
assumptions that would cause the Company's actual results to differ from current
expectations, please also refer to the Company's public filings available at
www.sedar.com. The Company does not undertake to update any forward-looking
statements, whether oral or written, made by itself or on its behalf, except to
the extent required by securities regulations.


The securities referred to in this news release have not been, nor will they be,
registered under the United States Securities Act of 1933, as amended, and may
not be offered or sold within the United States or to, or for the account or
benefit of, U.S. persons absent U.S. registration or an applicable exemption
from the U.S. registration requirements. This news release does not constitute
an offer for sale of securities for sale, nor a solicitation for offers to buy
any securities. Any public offering of securities in the United States must be
made by means of a prospectus containing detailed information about the Company
and management, as well as financial statements.