TORONTO, ONTARIO--(Marketwire - Dec. 18, 2012) - DealNet Capital Corp. (the "Company") (CNSX:DLS)(PINKSHEETS:GAIMF) today announced that its recently acquired Business Process Outsourcing ("BPO") subsidiary, OC Communications Group Inc. ("OCCGI") has signed a three-year contract to provide contact centre services to a US Energy Retailer.
OCCGI has been servicing the needs of the US utility industry for more than eight-years. In doing so, our BPO subsidiary has established significant credibility in the utility industry underpinned by our unique expertise in the pre-paid and post-paid energy sectors.
OCCGI has signed a three-year contract with this new US Energy Retailer to provide all customer service aspects including sales, customer retention and back-end office services. The contract will be serviced out of OCCGI's Toronto, Ontario facility which will allow the Company to blend the fulfilment of services with other utility clients.
"We are pleased to announce another award by the BPO team in Toronto as their ongoing efforts to grow and expand the BPO platform continues to yield new and exciting opportunities," stated Michael Hilmer, Chief Operating Officer of DealNet Capital Corp, and President and CEO of OCCGI. He continued that, "This award is a demonstration of the expertise we have developed to support US Energy Retailers that can be leveraged by our clients while strengthening our BPO division."
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.
The Canadian National Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.
DealNet Capital Corp.
Mr. Graham Simmonds
Chairman and Chief Executive Officer