MONTREAL, July 7 /CNW Telbec/ - Two Quebec technological companies,
ODESIA Group Inc. ("ODESIA") (TSX-V:ODS) and InterTrade, announce a
partnership agreement to launch a new business solution to help decision
making for supply chain optimization.
The solution is offered in a SaaS mode (software as a service) and
analyses the data transmitted through the network of documents exchange aiming
to present a series of critical KPI (key performance indicators) that measure
the critical stages of the supply chain.
This innovative solution was developed following many months of
collaboration between two recognized knowhow:
ODESIA Group is a consulting company that excels in the Business
Intelligence and Supply Chain universe for over 10 years. The definition and
implementation of KPI's bears no secrets for ODESIA's team of experts.
InterTrade, has an extensive network of clients to which it offers
solutions around electronic documents exchange. For several of its clients,
the effective management of their supply chain is an important challenge,
especially in today's economic context.
The new solution is now offered as a value added feature to all clients
that use the network services for documents transfer but that have no clear
visibility on their critical KPI's.
According to InterTrade's president, Richard Brossoit, most companies
underestimate the strategic value of KPI's that can be driven from the
information already being exchanged on the network. "I am convinced that our
new solution will considerably improve supply chain performance for most of
our clients."
Nicolas Bonnafous, CEO of ODESIA Group, is very confident of the success
of this new offering: "We have clearly identified through a couple of our past
interventions at our clients, that a good management of the supply chain can
considerably improve the inventory management and improve the service levels.
The new solution comes to address this specific need of the market. From a
commercial perspective, this new service will open new markets to ODESIA,
especially in the United States and ensure future recurring revenues are
obtained through the SaaS mode."
About ODESIA
ODESIA is an international corporation specialized in BI solutions,
decision processes and data warehousing for large corporations. The management
team at ODESIA has extensive knowledge and experience in leading the execution
of BI processes in large enterprises. The team of some 200 professionals
offers a high level of service and specialization. The company's goal is to
provide customers a complete solution, no matter the technical challenge. For
more information, visit us at www.odesia.com.
About InterTrade
InterTrade Systems (www.intertrade.com) facilitates electronic document
exchanges for its customers through a software as a service (SaaS) approach
allowing communications through a host of methods. Whether it is traditional
EDI, web-EDI or data synchronization, InterTrade proposes its clientele a
comprehensive approach to connect retailers to their supply chain.
Forward-looking statement
This press release contains forward-looking statements which reflect
ODESIA's current expectations regarding future events. The forward-looking
statements involve risks and uncertainties. Actual results could differ
materially from those projected herein. Readers are cautioned against
exaggerated confidence in any information of a prospective nature. ODESIA
rejects any obligation to revise or update the forward-looking statements
contained in this press release.Neither 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.%SEDAR: 00021845EF
For further information: ODESIA Group Inc.: Nicolas Bonnafous, President
and CEO, (514) 876-1155, nbonnafous@odesia.com; InterTrade: François Hardy,
Vice-president, Sales and Marketing, (450) 786-8933,
francois.hardy@intertrade.com