MONTREAL, QUEBEC--(Marketwire - June 14, 2012) - ODESIA Group Inc. ("ODESIA" or "the Company") (TSX VENTURE:ODS), a corporation specialized in delivering business-intelligence and decision-process solutions is pleased to announce the results of its annual and special meeting.

At the annual and special meeting of shareholders held on June 13, 2012, the shareholders of the Corporation approved by a majority of vote the appointment of Raymond Chabot Grant Thornton as auditors of the Corporation as well as the election of the following Directors: MM. Nicolas Bonnafous, André Brosseau, Meir Levi, Michael Perrault and Vittorio Violo.

During the meeting, the shareholders of the Corporation approved by a majority of vote, subject to final approval by the TSX Venture Exchange, the amendment of the stock option plan (the "Stock Option Plan") and the previously announced shares for debts between the Corporation, Richard Batty (his succession) and Michael Perrault.

The shares for debts provides for the issuance of 105,328 Common Shares to Mr. Richard Batty and 240,051 Common Shares to Mr. Michael Perrault, at a price of sixteen and a half cents ($0.165) per Common Share in each case, in reimbursement of $17,379.12 to Mr. Richard Batty and $39,608.53 to Mr. Michael Perrault, incurred as directors' compensation.

As part of the amendment of the Stock Option Plan, the Corporation increases the maximum number of options issuable under the Stock Option Plan from 10% to 15% of the issued and outstanding common shares of the Corporation. Accordingly, the maximum number of Common Shares reserved is increased from 2,960,000 Common Shares to 5,043,042 Common Shares for the future grant of as many stock options under the Stock Option Plan, subject to the TSX Venture Exchange approval.

Grant of options

For their services between now and the next annual general meeting of ODESIA's shareholders, the external directors of the Company, MM. André Brosseau, Michael Perrault and Vittorio Violo, each received 200,000 stock options of ODESIA, at the exercise price of $0.25 each, having an exercise period of five (5) years and vesting in four (4) equal and consecutive quarterly tranches over the next twelve months.

About ODESIA Group Inc.

ODESIA is an international corporation specialized in business-intelligence and decision-process solutions for large and medium-sized companies. ODESIA's mission is to help managers monitor the performance of their business by accessing all relevant information at the right time and the right place. 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 and may involve risks or uncertainties. Actual results could differ materially from those projected herein.