Zedi Inc. Announces Closing of Plan of Arrangement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION
OF U.S. SECURITIES LAW. 


Zedi Inc. ("Zedi" or the "Corporation") (TSX VENTURE:ZED) is pleased to announce
that Zedi and 1779958 Alberta Ltd. ("AcquisitionCo") have completed the business
combination of Zedi and AcquisitionCo pursuant to a plan of arrangement under
the Business Corporations Act (Alberta) (the "Arrangement"). Under the terms of
the Arrangement, AcquisitionCo has acquired all of the issued and outstanding
common shares (the "Zedi Shares") of Zedi at a price of $1.05 in cash for each
Zedi Share. AcquisitionCo has also amalgamated with Zedi under the Arrangement
and will continue to carry on business under the name "Zedi Inc.".


With the completion of the Arrangement, the Zedi Shares are expected to be
delisted from the TSX Venture Exchange following the close of trading on
February 21, 2014.


Registered holders of Zedi Shares (the "Zedi Shareholders") are encouraged to
complete, execute and submit the Letter of Transmittal included in the
accompanying materials sent to Zedi Shareholders for the special meeting of Zedi
Shareholders held on February 18, 2014 as soon as possible in order to receive
the consideration to which they are entitled under the Arrangement. Any
questions and requests for assistance in respect of the Letter of Transmittal
may be directed to Valiant Trust Company at its telephone numbers and locations
set out in the Letter of Transmittal. 


FORWARD-LOOKING STATEMENTS

This press release contains forward-looking statements within the meaning of
Canadian securities laws. These forward-looking statements contain statements of
intent, belief or current expectations of Zedi. Forward-looking information is
often, but not always identified by the use of words such as "anticipate",
"believe", "expect", "plan", "intend", "forecast", "target", "project", "may",
"will", "should", "could", "estimate", "predict" or similar words suggesting
future outcomes or language suggesting an outlook.  


The forward-looking statements included in this press release, including
statements concerning the delisting of the Zedi Shares, are not guarantees of
future results and involve risks and uncertainties that may cause actual results
to differ materially from the potential results discussed in the forward-looking
statements.  


The forward-looking statements in this press release are made as of the date it
was issued and Zedi does not undertake any obligation to update publicly or to
revise any of the included forward-looking statements, whether as a result of
new information, future events or otherwise, except as required by applicable
law. By their very nature, forward-looking statements involve inherent risks and
uncertainties, both general and specific, and risks that outcomes implied by
forward-looking statements will not be achieved. Zedi cautions readers not to
place undue reliance on these statements.


ABOUT ZEDI

Zedi Inc. (TSX VENTURE:ZED) helps the world's oil and gas producers be more
productive, more profitable, and more sustainable through technology backed by
expert consultation and services. 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 solutions to our customers' challenges and help them realize their
production potential.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Zedi Inc.
Debra Deane
Investor Relations
403-802-7092
403-444-1101 (FAX)
investor@zedi.ca
Zedi Inc. (TSXV:ZED)
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