VANCOUVER, BRITISH COLUMBIA--(Marketwire -
March 12, 2010) - Epic Data International Inc.
(TSX VENTURE:EKD), a provider of manufacturing operations management and
real-time data collection solutions, today announced the granting of 165,000
stock options to non-management directors and employees. The term of the
options is 7 years and the exercise price is $0.17 per share.
About Epic Data
For over 30 years Epic Data has delivered
real-time shop floor information to the world's most progressive 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 Lockheed
Martin, Bell Helicopter, Komatsu, Learjet, CAE Inc., Kingfisher plc, Joy Mining
Machinery, Cobham Defence Communications Ltd., GE Aircraft Engine, Contour
Premium Aircraft Seating, McBride plc, Phoenix Contact, Rolls-Royce and Volvo. More
information about Epic Data is available at www.epicdata.com.
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 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.
Neither 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.