ODESIA Announces 2011 Second Quarter Results

ODESIA Announces 2011 Second Quarter Results

ID: 59615

(firmenpresse) - MONTREAL, QUEBEC -- (Marketwire) -- 08/26/11 -- 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 its 2011 second quarter results.

Nicolas Bonnafous, Odesia's President and Chief Executive Officer, declared: "As evidenced by recent results, we continue to be impacted by a general business malaise and challenges specific to countries where we carry out business. Following our recent decision to exit the Mexican market, however, our team is now re-dedicated to implementing solutions to improve operations and profitability without compromising our high quality services, an Odesia trademark. We will focus on the countries where Odesia has achieved profitable results."

Second quarter 2011 Highlights

Selected financial information ($000's except per share amounts)

Additional information on the second quarter ended June 30, 2011

The financial information regarding the second quarter ended June 30, 2011 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 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 technical challenges involved. For more information visit us at

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 and CEO
514.876.1155

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Bereitgestellt von Benutzer: MARKET WIRE
Datum: 26.08.2011 - 12:00 Uhr
Sprache: Deutsch
News-ID 59615
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