ODESIA Completes the Sale of Interfacing Technologies Corporation

ODESIA Completes the Sale of Interfacing Technologies Corporation
  
 

MONTREAL, QUEBEC--(Marketwired - Dec 17, 2013) - ODESIA Group Inc. ("ODESIA" or the "Corporation") (TSX-VENTURE:ODS), announces that it has closed the sale of all of the issued and outstanding shares of Interfacing Technologies Corporation, a wholly owned subsidiary of the Corporation, to Dempton Consulting Group ("Dempton").

For a total consideration of $909,584 payable through Dempton's assumption of the debt due to Mr. Meir Levi by the Corporation and Mr. Meir Levi's employment agreement, the transaction allows the Corporation to focus on its core business' activities.

About ODESIA Group Inc.

Founded in 1998, ODESIA Group Inc. is a Canadian Information Technology (IT) consulting and solutions company headquartered in Montreal. ODESIA offers solutions in Business Intelligence, Business Process Management and Big Data Analytics. ODESIA's mission is to help its clients improve operations efficiency, enhance process performance and make better business decisions by mastering the right information at the right time and the right place. Website: www.odesia.com

ODESIA is listed on the Toronto Venture exchange under the symbol "ODS".

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.

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.

ODESIA Group Inc.Mr. Nicolas BonnafousPresident and [e-mail]