zed.i solutions inc.

zed.i solutions inc.

January 07, 2005 11:16 ET

zed.i solutions inc. Announces Grant of Stock Options


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: ZED.I SOLUTIONS INC.

TSX VENTURE SYMBOL: ZED

JANUARY 7, 2005 - 11:16 ET

zed.i solutions inc. Announces Grant of Stock Options

CALGARY, ALBERTA--(CCNMatthews - Jan. 7, 2005) - zed.i solutions inc.
(TSX VENTURE:ZED) (the "Corporation") announces that it has granted
1,831,834 options to employees, officers and directors of the
Corporation. The exercise price of the options is $2.30, which is the
closing price at the time the options were granted by the Board of
Directors on January 06, 2004. The total number of common shares
reserved for issue under stock options is 6,501,073, which represents
6.8% of the Corporation's issued and outstanding shares.

zed.i solutions inc. (ZED on TSX Venture Exchange) is a leading provider
of innovative technologies for the management of production operations
in the energy sector. The focus of our business is two fold. One is well
site infrastructure, including electronic flow measurement and metering
as well as optimization solutions that maximize production by
controlling equipment in real time. The second focus is network
communications and software designed to manage the business information
needs to link remote assets and production with operations, head office
and throughout the enterprise. Energy producers increase earnings
through the use of digital information to improve the complex business
processes that impact oil and gas production. Our intention is to
continue to develop and commercialize technologies that improve cash
flow from the well bore to the sales meter. For more information please
visit www.zedisolutions.com.

-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    zed.i solutions inc.
    Bob Gordon
    Investor Relations
    (403) 444-1010
    (403) 444-1101 (FAX)
    Email: investor@zedisolutions.com
    Website: www.zedisolutions.com
    The TSX Venture Exchange has neither approved nor disapproved the
    contents of this news release.