Zedi Announces Q2 Results; Strong Performance Through Wet Canadian Spring

"For the fourth consecutive year, Zedi (TSX VENTURE:ZED) experienced a strong Q2
with revenues coming in at $26.0 million. Gross margin performance was also
strong this quarter with a 4% increase in dollars and a 7% increase in margin
rate over 2012. These results demonstrate our ability to continue to grow
revenues and deliver profitability without contribution from unusual events. One
particular area of pride for us is that we were able to deliver uninterrupted
call center service to our customers throughout the flooding in Southern Alberta
- a testament to the dedication of our people and the robustness and reliability
of our systems," says Matthew Heffernan, President and CEO of Zedi. The Q2
financial statements and MD&A are filed on SEDAR and can be accessed at
www.sedar.com or on the Company's website at www.zedi.ca.


Highlights of the Q2 2013 results include:



--  Revenues of $25,974,000 a 2% decrease from Q2 2012 
    
--  Gross Margin increased to 42.4% from 39.8% in Q2 2012 
    
--  EBITDA(1) was $3,003,000, a decrease of $233,000, while profit was
    steady at $648,000 compared to $642,000 in Q2 2012 
    
--  Prior to working capital changes, Zedi's cash flow from operating
    activities was $3,355,000, a decrease of 4% from Q2 2012. 
    
--  Recurring Revenue(1) made up 63% of total revenue in the period and
    represented 201% of operations expenses and 184% of total cash
    expenditures. 
    
--  Zedi's balance sheet remains strong, with working capital of $16,847,000
    at the end of Q2 2013. 



Zedi Inc. (TSX VENTURE:ZED) helps the world's oil and gas producers be more
productive, more profitable, and more sustainable through technology backed by
expert consultation and services. Our 60 years of continuous operations in North
America and recognition as one of the industry's best workplaces, sets us apart
in the production operations landscape. With our unique combination of
award-winning automation, data management, and field and professional services,
we offer solutions to our customers' challenges and help them realize their
production potential.




(1) EBITDA and recurring revenue are non-IFRS measures. EBITDA is earnings  
    before interest, taxes, depreciation and amortization and is commonly   
    used by industry to normalize non-operating factors that are included in
    net income and as a proxy for the cash generating potential of a        
    business. Recurring revenue is determined by the Company and compared to
    both operations and total cash expenditures as significant indicators of
    performance and sustainability. See section 9 of the Management         
    Discussion and Analysis for further detail on both of these metrics.    



Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.


Cautionary Statement Regarding Forward-Looking Information 

Certain statements and information contained in this press release may
constitute forward-looking information within the meaning of applicable Canadian
securities legislation. Specifically, this press release contains statements
regarding Zedi's financial performance, cash flow, growth expectations,
diversification and acquisition activity, strategies, assumptions regarding
potential customer and market activities, recurring revenue metrics and related
expectations of sustainability. These statements are based on certain
assumptions and analysis made by Zedi in light of its experience and its
perception of historical trends, current market conditions and expected future
market developments, as well as other factors it believes are appropriate in the
circumstances. However, whether actual results, performance or achievements will
conform to Zedi's expectations and predictions is subject to a number of known
and unknown risks and uncertainties which could cause actual results to differ
materially from Zedi's expectations. Consequently, all of the forward-looking
information and statements made in this press release are qualified by this
cautionary statement and there can be no assurance that the actual results or
developments anticipated by Zedi will be realized or, even if substantially
realized, that they will have the expected consequences to or effects on Zedi or
its business or operations. Except as may be required by law, Zedi assumes no
obligation to publicly update any such forward-looking information and
statements, whether as a result of new information, future events, or otherwise.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Zedi Inc.
Debra Deane
Investor Relations
403-802-7092
403-444-1101 (FAX)
[e-mail]
www.zedi.ca