Epic Data International Inc. (TSX VENTURE:EKD) (the "Company"), a provider of manufacturing execution systems ("MES"), today announced that it has completed its non-brokered private placement announced on August 8, 2012 and June 14, 2012 (the "Private Placement"). The Company raised total proceeds of $2,400,000 through the issuance of 3,750,000 common shares at a price of $0.20 per share for gross proceeds of $750,000 and secured subordinated convertible redeemable debentures in the principal amount of $1,650,000, which are convertible into common shares of the Company at $0.20 per share. A majority of the proceeds were raised directly and indirectly from current management members of the Company. The securities issued pursuant to the Private Placement are subject to a four month hold period expiring on December 10, 2012. The proceeds will be used to market the Company's MES products, to fund product development and for general working capital purposes.

"The increased ownership position by members of the Company's management team marks a key milestone in the company's future direction," said Robert Nygren, President & CEO of the Company. "Management is excited about the establishment of new operations in China over the past year, and the development of our new MES software products and smart terminal."

Robert Nygren, President and Chief Executive Officer and a director of the Company, acquired securities pursuant to the Private Placement. His participation is considered to be a "related party transaction" as defined under Multilateral Instrument 61-101. The purchase is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as the securities of the Company are listed or quoted on one of the exchanges or markets specifically identified in MI 61-101, neither the fair market value of the securities to be distributed in the Private Placement nor the consideration to be received for those securities, insofar as the transaction involves interested parties, exceeded $2,500,000, the Company has one or more independent directors who are not employees of the Company who are not participating in the Private Placement and at least two thirds of such independent directors approved the Private Placement. The Company did not file a material change report more than 21 days before the expected closing of the Private Placement as details of the Private Placement were not settled until shortly before the closing of the Private Placement.

The Company also announces that it was selected by a leading US based aerospace manufacturer to deliver the newly released UniView smart terminal and IntegraNet manufacturing platform to its multiple manufacturing facilities in the United States. The Company is also currently implementing IntegraNet at a major Chinese aerospace manufacturer.

About Epic Data

Epic Data International Inc. is a provider of manufacturing execution and warehouse management solutions. For 36 years Epic Data has delivered real-time data collection and production information to discrete manufacturers through turnkey data collection, warehouse management and lean manufacturing operations management solutions. Defense contractors, aerospace, automotive, high technology and industrial equipment & machinery manufacturers, employ Epic Data solutions to optimize the ROI of their manufacturing IT infrastructure investments and operations by increasing plant productivity, materials visibility and production velocity. Customers include Hawker Beechcraft, Lockheed Martin, Bell Helicopter, Komatsu, Bombardier Learjet, CAE Inc., Kingfisher (B&Q) plc, Joy Mining Machinery, Cobham Defence Communications Ltd., GE Aircraft Engine, Contour Premium Aircraft Seating, McBride plc, Phoenix Contact, Rolls-Royce and Volvo.

For more information about Epic Data please visit our website at [ www.epicdata.com ] or [ www.epicdatachina.com ].

The securities offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or any State laws and may not be offered or sold in the United States absent registration or any applicable exemption from the registration requirement of such Act. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Caution Regarding Forward-looking Statements

In this document and in other documents filed with Canadian regulatory authorities or in other communications, the Company may from time to time make written or oral forward-looking statements within the meaning of applicable securities legislation, including statements regarding the closing of the financing and the Company's business plans and financial objectives. These statements typically use words such as prospects, believe, estimate, forecast, project, expect, anticipate, plan, may, should, could and would, or the negative of these terms, variations thereof or similar terminology. By their very nature, forward-looking statements are based on assumptions and involve inherent risks and uncertainties, both general and specific in nature. It is therefore possible that the forecasts, projections and other forward-looking statements will not be achieved or will prove inaccurate. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, it provides no assurance that these expectations will prove to have been correct. The Company cautions readers against placing undue reliance on forward-looking statements when making decisions, as the actual results could differ considerably from the opinions, plans, objectives, expectations, forecasts, estimates and intentions expressed in such forward-looking statements due to various material factors. Among other things, these factors include fiscal and economic policies, changes in interest and foreign exchange rates, and general economic conditions, legislative and regulatory developments, competition and access to capital. The Company further cautions that the foregoing list of factors is not exhaustive. For more information on the risks, uncertainties and assumptions that would cause the Company's actual results to differ from current expectations, please also refer to the Company's public filings available at [ www.sedar.com ]. The Company does not undertake to update any forward-looking statements, whether oral or written, made by itself or on its behalf, except to the extent required by securities regulations.

The securities referred to in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. This news release does not constitute an offer for sale of securities for sale, nor a solicitation for offers to buy any securities. Any public offering of securities in the United States must be made by means of a prospectus containing detailed information about the Company and management, as well as financial statements.

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.

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Epic Data Announces Completion of Financing and Provides Update

Epic Data Announces Completion of Financing and Provides Update