Epic Data International Inc.

Epic Data International Inc.

October 13, 2009 17:00 ET

Epic Data Provides Business Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 13, 2009) - Epic Data International Inc. (TSX VENTURE:EKD), a provider of shop floor data collection and warehouse management solutions, today announced that it has now received the refund of $535,000 from the Canada Revenue Agency in respect of a claim made under the Scientific Research and Experimental Development Program. The funds will be used to pay down the Company's secured debt and other general corporate purposes.

The company also announced the departure of its Vice President Sales, Alex Sventitsky, who joined the company in June 2008. The company wishes Alex all the best in his future endeavours.

About Epic Data International Inc.

For over 30 years Epic Data has delivered real-time shop floor information to the world's most progressive 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 Lockheed Martin, Bell Helicopter, Komatsu, Learjet, CAE Inc., Kingfisher 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.

Note: Forward-looking statements in this news release are based on current expectations of management. Epic Data cautions investors that, due to risks and uncertainties, actual events may differ materially from current expectations.

Contact Information

  • Epic Data International Inc.
    Robert Nygren
    President & CEO