TORONTO, ONTARIO--(Marketwire - Sept. 19, 2012) - DealNet Capital Corp. (the "Company") (CNSX:DLS)(PINKSHEETS:GAIMF) is pleased to announce that its recently acquired Business Process Outsourcing subsidiary has signed a contract to provide support services to a leading Canadian market research company.
Building on the company's reputation for being able to create customized, flexible and scalable solutions to its clients, this new program engages our BPO subsidiary to provide research support for the clients' North American based research studies. Operating out of the Company's BPO headquarters, located at 325 Milner Avenue, Toronto, OC Communications Group ("OCCGI") will act as a virtual extension of the clients' business to provide them flexibility and scalability that would not have otherwise been possible. The program is expected to ramp to 40 incremental resources.
The contract was initiated on September 17, 2012 and will run for a 36 month term. Delivery of services is projected to launch on or before October 1, 2012.
"We are delighted to announce another new contract as we continue to grow as a direct result of the success of our new BPO subsidiary. While we cannot disclose the name of the client, we are confident that our performance will provide the opportunity to significantly develop this partnership and will drive continued growth and expansion of the BPO division." stated Mr. J. Graham Simmonds, CEO.
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 is opportunistic with its investment scope. 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.
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