DealNet Capital Corp.

DealNet Capital Corp.

March 31, 2015 08:30 ET

International Messaging Gateway Provider Chooses DealNet for Connectivity Into Canada

TORONTO, ONTARIO--(Marketwired - March 31, 2015) - DealNet Capital Corp. (the "Company") (CSE:DLS) is pleased to report that its mobile engagement subsidiary, Impact Mobile Inc., has signed an agreement to provide messaging connectivity into Canada for a major international messaging gateway provider. The gateway provider currently routes millions of SMS messages per month into Canada for banks, consumer brands, mobile marketing corporations, and other enterprise clients. The contract with Impact Mobile includes the migration of this existing messaging as well as future traffic, which is expected to expand to include multimedia messaging (MMS).

"Impact Mobile is already a leader in providing gateway services into Canada, routing traffic for several of the world's largest international messaging companies. The Company's strong carrier relationships and quality of service are recognized in the market, and this contract with yet another global leader is further testament to that leadership," stated Michael Hilmer, COO of DealNet.

Traffic migration and revenue recognition will begin in April, 2015.

About DealNet Capital Corp.

DealNet Capital Corp. focuses on two key vertical markets, Engagement and Consumer Finance. Through acquisitions, the Company has become a leader in the Engagement space helping their corporate customers 'speak' to their consumers they way they want to be spoken to using live Voice, Chat, Text, Email and Proximity based engagement solutions. The Company has leveraged its engagement business to offer home improvement financing solutions to consumers, which offer attractive yields and low default rates. The Company continues to seek acquisitions in these key markets.


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Forward-looking Statements

This press release contains certain forward-looking statements with respect to the Company. 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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