From Sean Deveney of the Sporting News, who broke the story:
Ware, known as an outstanding defensive player, is a 5-10 point guard who came out of Long Beach State in 2012, averaging 17.2 points and 4.4 assists, winning the Big West's Player of the Year award.
After going undrafted in 2012, Ware signed on with Casale Monferrato of Italy's second-division league, averaging 20.4 points in his first season. Last August, he signed with Virtus Bologna, and averaged 11.7 points in 22 games this year.
Johnson-Odom, known as a scorer, did not score once with the Sixers in his three appearances. That might be why he's gone.
With Tony Wroten's injury, the Sixers needed an extra point guard. Johnson-Odom and Elliot Williams have proven not to be in extended playing time at the position. Ware may not be a great option, either, but given that he's (a) not DJO, (b) not Elliot Williams, and (c) presumably healthy, well, that's all we can ask for.
Oh, and irrational excitement! I haven't been upgraded to a suite, though, so keep that excitement in check.