Extension of original contract confirms quality and pertinence of Business Intelligence solutions provided
MONTREAL, Dec. 21 /CNW Telbec/ - ODESIA Group Inc. ("Odesia") (TSX-V:ODS), an international corporation specialized in business intelligence solutions (BI), decision processes and data warehousing announced today the signing of a contract valued at approximately $750,000 for Business Intelligence ("BI") services with a major Canadian Financial Institution.
The services to be provided are an extension of a contract originally signed in 2006 whereby ODESIA was providing and implementing its leading-edge custom BI solutions services. Revenues resulting from this contract are expected to be generated and recognized in fiscal 2010.
ODESIA's multi-sectors expertise has so far been mainly concentrated in the financial and banking, telecom, distribution and retail and loyalty programs industries. Its broad range of business intelligence services solutions applications can easily be adapted from customer to customer within a related industry.
"The extension of our original contract with this important client testifies to the effectiveness, uniqueness and quality of our turnkey business intelligence solutions. Our proprietary business intelligence solutions allow to dramatically speed up and improve the effectiveness of the internal decision processes and can quickly provide with an important competitive edge." declared Mr. Nicolas Bonnafous, President and Chief Executive Officer of ODESIA.
About ODESIA Group Inc.
ODESIA is an international corporation specialized in business intelligence (BI) solutions, decision processes and data warehousing for large corporations. 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.
Disclaimer in regards to forward-looking statements
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.
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 ODESIA GROUP INC.
For further information: For further information: ODESIA Group Inc.: Nicolas Bonnafous, President and CEO, (514) 876-1155, email@example.com; Jasmin-Dumais Financial Communications inc: Mr. Frédéric Dumais, Partner, (514) 862-1251, firstname.lastname@example.org; Mr. Marc Jasmin, Partner, (514) 231-2360, email@example.com