CALGARY, ALBERTA — (Marketwire) — 12/14/12 — Zedi Inc. (the “Company” or “Zedi”) (TSX VENTURE: ZED) The Company announces that it has authorized the granting of 1,296,000 options to employees, officers and directors of the corporation. The exercise price of the options is $0.54, which was the latest closing price at the time the options were granted by the Board of Directors on December 14, 2012. All of the options vest equally in thirds over a three year period and expire in equal amounts on the second, third and fourth anniversaries from the date of grant.
Zedi Inc. (TSX VENTURE: ZED) is a leading oil and gas technology and services company in the field of production operations. Zedi helps the world–s oil and gas producers be more productive, more profitable, and more sustainable. Through technology backed by expert consultation and services, we help our customers realize their production potential. Our 60 years of continuous operations in North America and recognition as one of the industry–s best workplaces, sets us apart in the production operations landscape. With our unique combination of award-winning automation, data management, and field and professional services, we offer complete solutions for the challenges our customers encounter.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Zedi Inc.
Debra Deane
Investor Relations
403-802-7092
403-444-1101 (FAX)