SOURCE: Development Capital Group

DLPM - Development Capital Group

June 10, 2014 21:58 ET

DLPM Engages Hermione Way to Help Grow the Clearance.co Brand

SAN FRANCISCO, CA--(Marketwired - June 10, 2014) - Development Capital Group (OTCQB: DLPM) has created a strategic partnership with the technology entrepreneur and journalist Hermione Way to help grow marketing across DLPM's portfolio companies.

Miami based Development Capital Group, Inc. and its portfolio properties, ecommerce site Clearance.co and realty site RealtyValuator, are engaging Miss Way to help with Silicon Valley press and over all media strategy.

A trained journalist originally from London, Hermione has over six years experience crafting stories for the digital age. She has created content for the BBC, Channel 4, Sky News, Telegraph, Virgin Media Pioneers and many more.

Hermione has an affinity for creating authentic content through engineering stories making headlines of many of the world's international media.

Way herself, has appeared on the front cover of the New York Times & The Sun Newspaper, and in Wired magazine, The Independent and Wall Street Journal.

Founder and CEO of Clearance Shahbod Rastegar said: "Clearance has found the right ingredients to become the next big brand in American ecommerce. A definitive marketing strategy will accelerate our growth path as we seek to build our brand and bring on new customers. Hermione has the experience and contacts to make this happen."

About Development Capital Group:  

Development Capital Group, Inc. (OTCQB: DLPM) invests in and develops businesses and technologies with significant potential for growth and customer acquisition. Analyzing market trends and looking for opportunities to leverage in-depth understanding of technologies to create efficiencies for under-serviced sectors. DLPM's mandate is to execute with businesses or teams that have proprietary tools or intellectual property but require funding and business development to grow the business and market share.

Development Capital Group recently announced its acquisition of Clearance.co, one of the fastest growing startup ecommerce websites in the world, acquired for approximately USD 40 million in an all-stock transaction.

Safe Harbor Statements
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the Company's results of operation, financial position and long-term strategies. These forward-looking statements involve risks and uncertainties that include, among others, risks related to competition, management of growth, new products, services and technologies, potential fluctuations in operating results, international expansion, commercial agreements, acquisitions and strategic transactions, and fraud. More information about factors that potentially could affect the Company's financial results are included in the Company's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-Q or 10-K and subsequent filings. Furthermore, the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or any other occurrence.

Contact Information

  • Contact:
    CEO Shahbod Rastegar
    shoubi@clearance.co

    Investor Relations:
    +1-800-305-7090
    ir@dlpminc.com