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ODS

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Share Name Share Symbol Market Type
TSXV:ODS TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

ODESIA Repositions Vendor Take-Back Note

21/02/2013 12:00pm

Marketwired Canada


ODESIA Group Inc. (TSX VENTURE:ODS), ("the Company"), is pleased to announce
that it has repositioned the existing vendor take-back ("VTB") note for
Interfacing Technologies Corporation Inc. ("Interfacing") to better reflect
Interfacing evolution.


Under the initial VTB, a payment of $262,000 was due in May 2013 and another
$550,000 in May 2014; under the new three-year agreement, effective February
2013, monthly instalments of $15,417 will be paid in the first 12 months,
$26,979 in the next 12 months and $34,688 in the last 12 months.


"The reorganisation of this VTB is in line with the development strategy for our
software division," declared Nicolas Bonnafous, President and Chief Executive
Officer of ODESIA.


About ODESIA 

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 you 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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
ODESIA Group Inc.
Mr. Nicolas Bonnafous
President and Chief Executive Office
514.876.1155 ext. 102
Toll Free:  1.855.876.1155
nbonnafous@odesia.com

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