ODESIA Reports Increase in Second Quarter Revenue

ODESIA Group Inc. ("ODESIA" or "the Company") (TSX VENTURE:ODS), an
international corporation specialized in Corporate IT solutions, is pleased to
announce its 2012 second quarter revenue of 2,948,000, a significant increase
from the same period in 2011.


"A 22% increase in revenue from Q2 2011 and a 25% increase from the first
semester of 2011 are positive indications of initial progress from ODESIA's
strategic plan announced in late 2011," stated President and CEO, Nicolas
Bonnafous. "In addition to organic growth in revenue, ODESIA also completed the
successful acquisition and integration of Interfacing Technologies Corporation
in Q2 2012. The award winning portfolio of BPM software products acquired from
Interfacing, adds depth and breadth to our strategic mix of offerings."


Highlights for the second quarter ended June 30, 2012:



--  Interfacing Technologies Corporation's acquisition completed in May
    2012; 
    
--  Private placement of $750,000 completed in June 2012; 
    
--  Revenue of $2,948,000; an increase of $537,000 or 22% from $2,411,000 in
    Q2 2011; 
    
--  Revenue of $5,962,000 in the first semester of 2012; an increase of
    $1,192,000 or 25% from $4,770,000 in the same period in 2011; 
    
--  Gross profit of 33% or $983,000; compared to 28% or 665,000 in Q2 2011; 
    
--  Increase in sales & marketing effort, now represents 13% of sales
    compared to 8% in Q2 2011; 
    
--  Net loss of $172,000 (including $72,000 of non-recurring expenses)
    compared to a net loss of $126,000 in Q2 2011; 
    
--  Increased total equity attributable to the owners of ODESIA by
    $1,349,000 since December 2011. 



Selected financial information

Income statement



                               For the three-month        For the six-month 
                                            period                   period 
($000's except per share            ended June 30,           ended June 30, 
 amounts)                               (unaudited)              (unaudited)
                         ---------------------------------------------------
                             2012             2011      2012           2011 
----------------------------------------------------------------------------
Revenue                     2,948            2,411     5,962          4,770 
Gross profit                  983              665     1,836          1,410 
Non-recurring expenses         72                -        72              - 
Operating profit (loss)      (133)             (59)      (69)            48 
Net loss                     (172)            (126)     (157)          (148)
Basic and diluted net                                                       
 loss per share                                                             
 attributable to owners                                                     
 of ODESIA                 (0.005)          (0.004)   (0.005)        (0.005)



Statement of financial position



                                         June 30, 2012    December 31, 2011 
($000's)                                    (unaudited)            (audited)
----------------------------------------------------------------------------
Total assets                                     7,073                4,119 
Convertible debentures and long-term                                        
 debt including short-term portions              1,678                  565 



Outlook 

The ODESIA leadership team strives to advance new corporate development
initiatives to insure continuous organic growth and is also dedicated to deliver
ongoing results by identifying acquisition opportunities. 


Additional information on the second quarter ended June 30, 2012   

The financial information regarding the second quarter ended June 30, 2012
should be read in parallel with the Company's consolidated financial statements
and MD&A (Management Discussion and Analysis). These documents can be found on
www.sedar.com


About ODESIA Group Inc. 

ODESIA Group Inc. (TSX VENTURE:ODS) is a global technology solutions provider
serving enterprise level Fortune 500 companies in the financial services,
manufacturing, media and telecommunications industries. ODESIA's team mission is
to empower multinational corporations with the ability to improve the efficiency
of operations, enhance process performance, productivity and profitability, and
make better overall business decisions by implementing Unified Business
Intelligence solutions that present the right information, at the right time,
and the right place. ODESIA is listed on the Toronto Venture exchange under the
symbol "ODS." For more information on The Company visit www.odesia.com or for
Investor Relations visit www.primecom.ca. A copy of the latest company data
sheet is available at http://media3.marketwire.com/docs/ODS_Broker_Factsheet.pdf



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. Forward-looking information is based on the opinions and estimates of
management at the date the statements are made, and are subject to a variety of
risks and uncertainties and other factors. The forward-looking information
contained in this news release is expressly qualified by this cautionary
statement. ODESIA does not undertake any obligation to update or revise any
forward-looking statements to conform such information to actual results or to
changes in expectations except as otherwise required by applicable securities
legislation. Readers are cautioned not to place undue reliance on
forward-looking information.
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