CALGARY, Jan. 13 /CNW/ - Decision Dynamics Technology Ltd. (the "Company") (Decision Dynamics; TSX-V: DDY), a leading provider of project cost control and productivity management software for the energy industry, today announced that it has received final acceptance from the TSX-V to issue shares for services to employees of the Company. This application will enable the Company to issue an aggregate of 993,133 shares of the Company to its employees, who are not officers or directors of the Company, over a period of three years. The Company will be issuing the first tranche of 331,044 shares to employees at a deemed price of $.06 per share.
About Decision Dynamics Technology Ltd.
Decision Dynamics Technology Ltd. is a leading provider of project cost control and productivity management software for the energy industry, including major electrical power companies.
Its product, Oncore(TM), is a project cost management solution that provides high volume, real-time capture of field labor, equipment, and material cost information, contract validation and approvals for operations management and capital projects. Oncore(TM) unifies the project data, information, and knowledge needed for complete project visibility thereby enabling better faster project management decisions. Decision Dynamics is a Microsoft Gold Certified Partner. The Company's head office is located in Calgary, Alberta, Canada. It operates a wholly-owned foreign subsidiary in the United States.
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.
SOURCE DECISION DYNAMICS TECHNOLOGY LTD.
For further information: For further information: Justin Zinke, Chief Executive Officer, Decision Dynamics Technology Ltd., (403) 451-0731; Kim Tremblay, Chief Financial Officer, Decision Dynamics Technology Ltd., (403) 451-0726