MONTREAL, QUEBEC — (Marketwired) — 05/30/13 — ODESIA Group Inc. (TSX VENTURE: ODS), a Canadian Information Technology consulting and solutions company, specialized in Business Intelligence (BI), Business Process Management (BPM) and Big Data Analytics is pleased to announce its 2013 first quarter financial results.
Q1 2013 – A Quarter of Innovation
“We have made the first step towards our visionary strategy the Unified Business Intelligence (UBI) by introducing the innovative EPC 8 to the market. EPC 8 is a leading Operational Intelligent solution that bridges the gap between BI and BPM and helps monitor and enhance business performance and assist decision-making”, declared Mr. Nicolas Bonnafous, President and CEO of ODESIA.
2013 Outlook
Our IT services business units are growing and are contributing positively. Software sales are below budget, however following the release of the EPC8 version, the Company has been reducing operational expenses and will be focussing on selling the software thru its distributor-s network. The Company-s top priority is to achieve profitability in all its divisions for 2013.
The Company also announces the resignation of Mr. Richard Brossoit as Interfacing-s president. Mr. Brossoit has served as an executive for almost two years, overseeing the M&A process and managing Interfacing since its acquisition by ODESIA.
First Quarter Key Highlights
First Quarter Financial Highlights
Selected financial information
Income statement
Statement of financial position
Additional information on the first quarter ended March 31, 2013
The financial information regarding the first quarter ended March 31, 2013 should be read in parallel with the Company-s consolidated financial statements and MD&A (Management Discussion and Analysis). These documents can be found on
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 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:
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 the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
ODESIA Group Inc.
Mr. Nicolas Bonnafous
President & CEO
514 876 1155
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