ODS

ODESIA Group Inc. (TSX VENTURE:ODS), a corporation specialized in delivering
business-intelligence solutions ("BI"), decision-process management and business
analytics, today announced its financial results for the fourth quarter and year
ended December 31st, 2011.


2011 - A turn around year



--  Hired executive employees to positively impact revenue; 
--  Hired Mr Richard Brossoit as Senior Vice-President, M&A; 
--  Ended unprofitable Mexican operations and focused on profitability; 
--  Acquired all of ASA Technologies' mandates in France; 
--  Increase profitability in Q4; 
--  Expanded board's experience with Mr Andre P. Brosseau and Vittorio Violo
    as board members.



2011 Financial Highlights



--  Net earnings of $0.80 million; 
--  Basic and diluted net EPS attributable to owners of ODESIA of 2.6 cents;
--  Gross profit of 34% or $3.45 million; 
--  Revenues of $10.1 million; 
--  Increased working capital by $0.30 million; 
--  Increased total equity attributable to the owners of ODESIA by $0.84
    million; 
--  Discontinued Mexican operations produced net earnings of $0.49 million.



"Following the decision in July 2011 to stop its unprofitable activities in
Mexico, the Company has been able to focus on its profitable operations in
Canada and in France and increase its profitability in the second semester of
2011" declared Nicolas Bonnafous, President and CEO of ODESIA.


Selected financial information 



For the years ended December 31,                                            
('000 except per share amount)                          2011           2010 
----------------------------------------------------------------------------
Revenue                                               10,134         11,864 
Gross profit                                           3,453          4,321 
Operating profit                                         636          1,300 
Net earnings (loss)                                      799           (301)
Basic and diluted net earnings (loss) per                                   
 share attributable to owners of ODESIA                0.026         (0.014)
Comprehensive income (loss)                              867           (286)



Quarterly data (unaudited)

The following table is a summary of certain information on the Company's last
four quarters:




2011                                 Q1          Q2           Q3          Q4
('000 except per share         March 31     June 30 September 30 December 31
 amount)                              $           $            $           $
----------------------------------------------------------------------------
Revenue                           2,359       2,412        2,407       2,956
Net earnings (loss)                 (22)       (126)          86         861
Basic and diluted net                                                       
 earnings (loss) per share                                                  
 attributable to owners of                                                  
 ODESIA                          (0.001)     (0.004)       0.002       0.029



Additional information on the fiscal year ended December 31, 2011

These are the company's first annual consolidated financial statements prepared
in accordance with International Financial Reporting Standards ("IFRS"). The
comparative information presented in these financial statements for the year
ended December 31, 2010 and its opening statement of financial position at
January 1, 2010 (the Company's date of transition) have also been prepared in
accordance with IFRS.


The financial information regarding the year ended December 31, 2011 should be
read in parallel with the Company's annual consolidated financial statements and
MD&A (Management Discussion and Analysis). These documents can be found on
www.sedar.com


2012 Strategy

Following a transition plan executed in 2011 ODESIA is now focusing on its
growth strategy:




--  Accelerated growth through: 
    --  Increasing sales & marketing activities; 
    --  Strategic & profitable acquisitions.
--  Innovation thru introduction of new solutions.



About ODESIA Group Inc. 

ODESIA is an international corporation specialized in business-intelligence
("BI") solutions, decision-process management and business analytics 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.

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