ODESIA Group Inc.

ODESIA Group Inc.

October 03, 2011 08:00 ET

ODESIA Group's French Subsidiary, ODESIA Europe, Acquires All of ASA Technologies' Mandates

PARIS, FRANCE--(Marketwire - Oct. 3, 2011) - ODESIA Europe, a subsidiary of ODESIA Group Inc. ("ODESIA" or "the Company") (TSX VENTURE:ODS), an international corporation specialized in delivering business-intelligence solutions ("BI"), decision-process management and analytics, is pleased to announce the acquisition of all of ASA Technologies' mandates.

As part of ASA Technologies' bankruptcy, the Commercial Court of Nanterre (Hauts-de-Seine, France), selected ODESIA Europe as the acquirer of all of ASA Technologies' mandates.

"The integration of these new employees, currently deployed at major customers, will give new impetus to our team. In the highly competitive French BI market where consulting resources are scarce, the addition of these team members with excellent technical and functional skills will reinforce our team and ultimately contribute to new market opportunities." declared Jacques Daigle, General Manager of ODESIA Europe.

The acquisition of these mandates grows the potential of Odesia Europe's consulting revenues by 10% over the next 12 months.

About ODESIA Group Inc.

ODESIA is an international corporation specialized in business-intelligence (BI) solutions, decision-process management and business analytics for large corporations. The Company provides customers with a complete solution, regardless of the technical challenges involved. For more information visit us at www.odesia.com

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.

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