Incoming DealNet SVP Wins Innovator Award

Incoming DealNet SVP Wins Innovator Award
  
 

TORONTO, ONTARIO--(Marketwired - Jun 18, 2014) - DealNet Capital Corp. (the "Company" or "DealNet") (CSE:DLS)(PINKSHEETS:GAIMF) is pleased to announce that Gary Schwartz, CEO of Impact Mobile Inc. ("Impact Mobile") and incoming SVP of DealNet-effective on closing of the Impact Mobile acquisition-has been recognized with the "2014 Retail Innovator Award" by Retail TouchPoints publication.

"We are honouring Gary's ongoing dedication to the mobile industry, and for educating retailers and industry experts alike on the value of mobility in customer engagement, loyalty and commerce," says Debbie Hauss, Editor-in-Chief, Retail TouchPoints. "The Retail Innovator Award is honouring top executives who have helped improve the consumer shopping experience and uncover new ways to positively impact the retail industry with innovative ideas and solutions."

The Company announced it had entered into a share purchase agreement with Impact Mobile on June 6, 2014 and is working diligently to close the acquisition.

"We are excited to have a recognized professional of Gary's caliber as part of the DealNet management team," stated Bob Cariglia, President and Chief Executive Officer of DealNet Capital Corp. "We look forward to introducing the power of mobile communications and customer interaction to our client base and we know that Gary will be instrumental in making that happen."

In 2013, Mr. Schwartz was named Mobile Commerce Evangelist of the Year by Mobile Commerce Daily. Mr. Schwartz has authored mobile standards with the Interactive Advertising Bureau and the Mobile Entertainment Forum, written books on mobile commerce and engagement with Simon & Schuster, Atria Press, as well as promoted events globally.

About DealNet Capital Corp.

DealNet Capital Corp. is a public company that trades under the symbol DLS on the Canadian Securities Exchange. DealNet is a merchant banking company with a flexible investment mandate and a strategic focus on recurring revenue businesses. The Company has focused its investments towards the thriving North American business process outsourcing ("BPO") market through its wholly-owned subsidiary, OC Communications Group Inc. ("OCCGI"), as well as the consumer financing market through its wholly-owned subsidiary, One Dealer Inc. ("One Dealer").

ON BEHALF OF DEALNET CAPITAL CORP.

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The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

Forward-looking Statements

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 Capital'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.Bob CarigliaPresident and [e-mail] Canadian Capital Corp.Eric Balog416-742-5600 (ext 235) or 1-866-580-8891First Canadian Capital Corp.Dan Boase416-742-5600 (ext 232) or [e-mail]