05/11/12 -- ODESIA Group Inc.("ODESIA" or "the Company") (TSX VENTURE:ODS), a corporationspecialized in delivering business-intelligence solutions ("BI"),decision-process management and business analytics,
http://www.leseris.com, today announcedthat it has acquired all issued and outstanding shares ofprivately-held Interfacing Technologies Corporation("Interfacing"), a debt free Business Process Management ("BPM")software company,
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http://yl.fct168.com/bbs/showtopic-3559642.aspx, for $1.5 million cash and the issuance of 4.0million shares. Based in Montreal,
http://bmwsask.com/bbpress/topic.php?id=467456#post-616964, Interfacing () is a pure-playBPM software company founded in 1995. Interfacing has clientsglobally across all industries. Interfacing's BPM solutions areintuitively designed for business users and cover the full spectrumof process improvement and governance initiatives.
Following thisacquisition, Interfacing's clientele will continue receiving thesame high quality service from Interfacing's dedicated staff. "We are thrilled to have the Interfacing team join ODESIA" declaredNicolas Bonnafous, President and Chief Executive Officer of ODESIA."This acquisition of Interfacing is the first step to create newinnovative solutions under our Unified Business Intelligence("UBI") strategy,
http://www.zhu-hai.cn/baoli/forum.php?mod=viewthread&tid=5201409,
louis vuitton portafogli, please visit Interfacing's website at, for more information." "Since the beginning of the year,
cheap louis vuitton handbags canada, we are delivering on all aspectsof our growth plans", further commented ODESIA's president. "This transaction creates an Intelligent Operations platform" saidMeir Levi CEO of Interfacing. "We are looking forward to anexciting future as part of the ODESIA family".
Strategic and financial benefits -- Positions ODESIA as a leader in a large and growing BPM space;-- Complements ODESIA's solutions portfolio; -- Provides ODESIAwith differentiated IP; -- Provides ODESIA with a largerInternational clientele; -- Is expected to increase revenues byapproximately 20%; -- Is expected to provide higher gross marginsrelated to the sale of software; -- Is expected to be immediatelyaccretive to ODESIA's earnings; New Director and International representation Mr. Bonnafous further announced that Mr. Meir Levi,
lululemon canada, president andcontrolling shareholder of Interfacing,
http://www.hongkiatwall.com, had accepted to joinODESIA's board of directors, subject to regulatory approval, andwill assume the position of Senior Vice-president Businessdevelopment for ODESIA. About ODESIA Group Inc.
ODESIA is an international corporation specialized inbusiness-intelligence ("BI") solutions, decision-process managementand business analytics for large and medium-sized companies. Ourmission - The right information provided at the right time,
http://www.adsg.org/forums/index.php?topic=187441.msg283604#msg283604, on theright platform and to the right person. Since 2006,
chanel handbags, ODESIA islisted on TSX-V. For more information visit us at . Disclaimer in regards to forward-looking statements This press release contains forward-looking statements whichreflect ODESIA's current expectations regarding future events andmay involve risks or uncertainties.
Actual results could differmaterially from those projected herein. Forward-looking informationis based on the opinions and estimates of management at the datethe statements are made,
louis vuitton bags uk, and are subject to a variety of risks anduncertainties and other factors. The forward-looking informationcontained in this news release is expressly qualified by thiscautionary statement. ODESIA does not undertake any obligation toupdate or revise any forward-looking statements to conform suchinformation to actual results or to changes in expectations exceptas otherwise required by applicable securities legislation. Readersare cautioned not to place undue reliance on forward-lookinginformation.
Neither the TSX Venture Exchange nor its Regulation ServicesProvider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy oraccuracy of this release. Contacts: ODESIA Group Inc. Mr. Nicolas Bonnafous, President and CEO 514.876.1155 Copyright @ Marketwire.
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