Difference Capital Inc.

Difference Capital Inc.

January 22, 2013 17:15 ET

Jeff Kehoe Joins Difference Capital

TORONTO, ONTARIO--(Marketwire - Jan. 22, 2013) - Difference Capital Inc. is pleased to announce the appointment of Mr. Jeff Kehoe as Partner and General Counsel, effective February 28, 2013.

"We are pleased to welcome Jeff Kehoe to the team at Difference Capital," said Michael Wekerle, Executive Chairman. "Jeff's experience as Vice President, Enforcement, at the Investment Industry Regulatory Organization of Canada (IIROC), his knowledge and understanding of the industry, as well as his solid reputation deliver real value and strength for Difference Capital and, ultimately, for our shareholders."

"For years I have enjoyed serving the public interest in securities regulation," said Jeff Kehoe. "Now, I welcome this exciting opportunity to work on transactions with Michael Wekerle and his dynamic executive team, and contribute to the continued growth and success of Difference Capital."

About Difference Capital Inc.

Difference Capital Inc. is a Toronto based investment firm founded by Michael Wekerle, Paul Sparkes, Henry Kneis and Neil Johnson. Difference Capital Inc. is the parent company of Difference Capital Management Inc., the manager of Difference Capital Funding Inc. (TSX VENTURE:DCF), a publicly listed merchant bank focused on creating shareholder value through strategic investments in, and advisory services for, growth companies.

For further information on DCF, its management, board and portfolio of investee companies, please visit www.differencecapital.com.

Cautionary Notes

This press release contains forward-looking statements regarding future growth, results of operations, performance, business prospects and opportunities involving DCF. Words such as "expects", "anticipates", "intends", "plans", "believes", "estimates", or similar expressions, are forward-looking statements within the meaning of securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of DCF. These statements are not historical facts but instead represent only management's and the board's expectations, estimates and projections regarding future events. These statements are not guarantees of future performance and involve known and unknown risks, assumptions, uncertainties, and other factors that may cause actual results or events to differ materially from what is expressed, implied or forecasted in such forward-looking statements. In addition to the factors the Company currently believes to be material such as, but not limited to, anticipated returns on investments, the ability to secure additional financings, the ability to close on future investments, the ability of DCF to achieve its investment objectives, its dependence on the efforts of management, risks associated with fluctuations in net asset value and valuation of DCF's portfolio, its ability to operate on a profitable basis, changes in interest rates, evaluation of its provision for income and related taxes, and other factors, such as general, economic and business conditions and opportunities available to or pursued by DCF, not currently viewed as material could cause actual results to differ materially from those described in the forward-looking statements. Although DCF has attempted to identify important risks and factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors and risks that cause actions, events or results not to be anticipated, estimated or intended. Accordingly, shareholders should not place any undue reliance on forward-looking statements as such information may not be appropriate for other purposes. DCF does not undertake any obligation to update or release any revisions to these forward-looking statements to reflect events or circumstances after the date of this press release except as required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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