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TORONTO, ONTARIO -- (Marketwired) -- 03/04/14 -- DealNet Capital Corp. (the "Company" or "DealNet") (CNSX: DLS) (PINKSHEETS: GAIMF) is pleased to announce that its Business Process Outsourcing ("BPO") subsidiary, OC Communications Group Inc. ("OCCGI"), has been awarded a contract with a leading financial services company and branded gift card provider. OCCGI launched a three-year messaging campaign for the new client in collaboration with the mobile communications acquisition target announced on February 28, 2014. The joint solution provides comprehensive multi-channel communications that require daily consumer engagement with the client's cardholders.
Management noted that this contract leverages technologies brought to bear by OCCGI and the Company's recent mobile acquisition target, providing customer engagement solutions the customer was not otherwise able to secure by any other vendor. "From bid to launch this was a record-setting deal," reported Michael Hilmer, COO of DealNet and President and CEO of OCCGI. "The entire cycle took less than three weeks. We have been in discussions with many customers around our new joint solution suite and have been getting significant positive feedback. This win not only confirms market interest in our solution, but provides immediate traction in this space. We look forward to expanding this new program and winning many more."
About DealNet Capital Corp.
DealNet Capital Corp. is a public company that trades under the symbol DLS on the Canadian Securites Exchange, formerly the Canadian National Stock Exchange. DealNet is a merchant banking company with a flexible investment mandate and a strategic focus on recurring revenue businesses. The company has recently focused its investments towards the thriving North American Business Process Outsourcing (BPO) Market as well as the Consumer Financing Market by leveraging its recently acquired BPO division. DealNet continues to look for acquisition opportunities in these key markets in order to continue to drive competitive advantages and growth.
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 Corporation. 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 Capital'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.
Contacts:
DealNet Capital Corp.
Bob Cariglia
President and CEO
+1-416-806-8816
bcariglia@dealnetcapital.com
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