News : DealNet Provides Business Update and Organizational Changes
Toronto, ON, Canada, April 8, 2015 -- DealNet Capital Corp. (CSE:DLS) is pleased to provide the following business update and organizational changes.
The Company operates under two main divisions, consisting of Consumer Engagement and Consumer Financing. The Consumer Engagement division consists of two wholly owned subsidiaries, OC Communications Group Inc. ("OCCGI") and Impact Mobile Inc. ("Impact Mobile").
This division helps corporate clients ‘speak’ to their customers the way customers want to be spoken to, utilizing a range of technologies including live voice, chat, text, email and proximity based engagement solutions. By moving live call engagements to other platforms, including mobile messaging engagements, the Company is able to reduce operating costs for its corporate clients, increase consumer satisfaction. The Consumer Engagement division has operations in both Canada and the United States.
The Consumer Financing division operates through a wholly owned subsidiary, One Dealer Financial Services Inc. ("ODFSI"). The Company has leveraged OCCGI’s Consumer Engagement business to offer home improvement financing solutions to consumers.
Changes to Board and Executive Team
On March 23, 2015, Mr. Robert Cariglia, agreed to step down from the position of President and CEO of the Company. Mr. Cariglia will continue to serve as a director of the Company. Pierre G. Gagnon, Chairman of the Company stated "We wish to thank Bob for his dedicated service and contributions to the Company during its formative years and look forward to his continued contributions at the Board level".
Michael Hilmer, Co-Founder, Chief Operating Officer of the Company, will assume the role of Interim President and CEO of the Company.
Also on March 29, 2015, the Board of Director’s passed a resolution inviting Dr. Stephen Simms to join the board. Dr. Simms has over 25 years of hands-on experience in the private and public company arena. He has been involved with every aspect of corporate management and growth, from initial start-up to product development, commercialization and sales. He has worked on corporate finance, business and product development, financial management, merger & acquisition reviews, infrastructure projects, financial forecasts, cash flows, budgets, financial analysis, project management and executive management.
On January 15, 2015, Gary Martin joined the Company as Senior Vice President, Sales and Marketing. Gary, who began his career at IBM, brings over two decades of global technology sales and leadership experience to DealNet. He has held senior sales and leadership roles with companies in the technology and business process outsourcing industry. Throughout his career, he has worked with global clients across a number of industry sectors helping them maximize their return on investments in technology.
The launch of our Proximity and Analytics Engagement Solution is complete and new branding is expected to be launched in the spring of 2015 to simplify the market messaging. New alliances have been forged with networking and infrastructure companies that provide a component of our engagement solution and wish to sell through our solutions to their customers. Formalization of these relationships is expected later in 2015.
In November 2014, Impact Mobile expanded mobile marketing operations into Brazil to service the needs of international brands. The technical work has been completed to support the launch of a major sports brand by June 2015.
Posted by Veronica Silva Cusi, news correspondent
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About DealNet Capital Corp:
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.
Published: Friday, April 10, 2015