TORONTO, ONTARIO--(Marketwired - Apr 24, 2013) - DealNet Capital Corp. (the "Company") (CNSX:DLS)(GAIMF) is pleased to announce its Business Process Outsourcing ("BPO") subsidiary, OC Communications Group Inc. ("OCCGI"), has been awarded a new 3-year master services agreement to provide customer acquisition services and support to a former US telecommunications client. This award represents a new start to a long and successful relationship dating back to 2007. OCCGI's client had placed many programs on hold while their business went through a restructuring phase after they were acquired. This new agreement represents a re-launch of services under the client's new corporate structure.
Under the new master services agreement, OCCGI will provide twenty-five new customer acquisition specialists out of our Reno, Nevada location. The first campaign to be launched under the agreement commenced on April 3rd, 2013.
"We are pleased to have been able to rekindle what has been a long and successful relationship with a former client. Addressing their immediate staffing needs with superior sales and service support has created the opportunity to increase utilization rates of our cost competitive Reno location. A re-launch of the client's services also creates new opportunities to introduce additional campaigns in the future spanning the full breadth of our offering," stated Mike Hilmer, DealNet Capital's Chief Operating Officer and CCGI's Chief Executive Officer.
DealNet Capital Corp. is a public company that trades under the symbol DLS on the Canadian National Stock Exchange and under the symbol GAIMF on the Pink Sheets of the Over the Counter Bulletin Board. In general, the Company is a merchant banking company that has a flexible investment mandate with 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. The Company 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.
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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'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.