|By Marketwired .||
|December 13, 2013 12:24 PM EST||
TORONTO, ONTARIO -- (Marketwired) -- 12/13/13 -- DealNet Capital Corp. (the "Company") (CNSX: DLS) (PINKSHEETS: GAIMF) announced today that it has signed its first group of home services dealers for its One Dealer Financial Services ("ODFSI") division.
This announcement marks the first stage in a large-scale, nation-wide program to build a networked community of independent home services equipment dealers. ODFSI will provide turnkey full financing solutions and payment programs, marketing services, call-center support, and other ancillary business services, making it easier for member dealers to manage and grow their businesses, ultimately ensuring families have affordable home comfort solutions available to them.
"The dealers are the cornerstone of the One Dealer Business," stated Bob Cariglia, President and CEO of DealNet. "This initial group of established dealers is expected to yield a significant volume of monthly finance contracts. This, and our growing pipeline of dealers, demonstrates the depth of the market for ODFSI. I look forward to announcing additional dealers over the coming months."
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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The Canadian National Stock Exchange does not accept responsibility for the adequacy or accuracy of this release.
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.
DealNet Capital Corp.
President and CEO