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TORONTO, ONTARIO -- (Marketwired) -- 10/23/14 -- DealNet Capital Corp. ("DealNet" or the "Company") (CSE: DLS) is pleased to announce that its mobile technology subsidiary, Impact Mobile Inc. ("Impact Mobile"), has entered into a multi-year agreement to provide a mobile marketing platform to a major weather network (the "Network").

Impact Mobile will provide a comprehensive marketing platform allowing the Network to run self-service mobile engagement programs with its partner brands. The JumpTXT® Media Platform allows brands, carriers and media companies to engage with consumers across a wide range of media, from online and social, to print. The platform provides complete business intelligence and analytics, enabling the Network to measure each campaign's ROI and analyze the effectiveness of the marketing initiatives. The platform analytics offers interactive, illustrative reports identifying key trends; allowing for the intelligent management of a wide variety of turnkey and custom campaigns. Additionally, Impact Mobile's JumpTXT® Media Platform connects directly to multiple national carriers allowing for end-to-end dependable service.

"Impact Mobile prides itself on offering a best-of-breed mobile marketing platform to publishers, brands, carriers, retailers and loyalty programs," says Gary Schwartz, CEO of Impact Mobile and SVP of Business Development for DealNet. "For over 12 years Impact Mobile has provided the market the tools necessary to execute on all their mobile marketing needs."

About DealNet Capital Corp.

DealNet Capital Corp. is a public company that trades under the symbol DLS on the Canadian Securities Exchange. DealNet Capital has an investment mandate to acquire and develop investee companies focused on generating high margin recurring revenue through innovative customer engagement models. The Company has focused its investments towards two key industry verticals: the thriving North American business process outsourcing ("BPO") market through its wholly-owned subsidiaries, OC Communications Group Inc. ("OCCGI") and Impact Mobile Inc. ("Impact Mobile"); and the consumer financing market through its wholly-owned subsidiary, One Dealer Inc. ("One Dealer").

ON BEHALF OF DEALNET CAPITAL CORP.

For additional information please visit www.sedar.com.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

Forward-looking Statements

This press release contains certain forward-looking statements with respect to the Company. These forward-looking statements, by their nature, involve risks and uncertainties that could cause actual results to differ materially from those contemplated. We consider the assumptions on which these forward-looking statements are based to be reasonable, but caution the reader that these assumptions regarding future events, many of which are beyond our control, may ultimately prove to be incorrect. These statements involve risks and uncertainties including, without limitation, DealNet's ability to successfully develop and market its products, consumer acceptance of such products, competitive pressures relating to price reductions, new product introductions by third parties, technological innovations, and overall market conditions. Consequently, actual events and results in future periods may differ materially from those currently expected.