NEW YORK, July 19, 2005 (PRIMEZONE) -- DCI USA, Inc. (OTCBB:DCIU) announced today that it has established a strategic consulting agreement with PEM Ltd., an international consulting firm.
Sam Klepfish, a Managing Partner at PEM Ltd., said, "Our team will work together with DCI USA's senior management to liaison with the U.S. public markets." He went on further to state, "We believe strongly in the publicly traded investment fund structure and benefits and we are pleased to have made this strategic alliance with DCI USA. We believe that PEM's strong expertise in the capital market will help both DCI USA and its portfolio companies raise the necessary funding."
About us: DCI USA Inc. (OTCBB:DCIU) is a Business Development Company (BDC), pursuant to the Investment Company Act of 1940. As a BDC, the Company intends to invest in businesses and intends to provide significant management expertise, corporate finance capabilities and leadership to its portfolio companies.
Business development companies are publicly-traded, closed-end funds that make investments in private companies and thinly-traded public companies through the use of senior debt, mezzanine financing, and equity funding. DCI USA plans to use equity capital provided by public shareholders, financial institutions, and debt capital from various sources to make investments in growing small private and public businesses.
About: PEM, Ltd. PEM has a 20 years in-depth experience in corporate finance and M&A in the Major Global public capital markets. PEM's senior management has run numerous companies including co-funding and managing a fully licensed global broker-dealer with operations and licenses in New York, London, Frankfurt, and Tel Aviv. PEM assists companies with the process of private placement funding, going public, M&A transactions, as well as developing strategies for creating shareholder value once the company is public. PEM has relationships with all potential service providers in this process, including market makers, investment banking firms, high net worth investors, and specialized legal, accounting, and public relations professionals.
Forward-Looking Statements: This press release may contain forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on the current expectations of the management of DCI USA only, and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Factors which could cause or contribute to such differences include, but are not limited to, factors detailed in the Company's Securities and Exchange Commission filings; economic downturns affecting the operations of the Company, adequate financing to achieve the new strategic plans, and the unavailability of general financing to complete management's overall plans and objectives. DCI USA undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. For a more detailed description of the risk and uncertainties affecting DCI USA, reference is made to DCI USA's reports filed from time to time with the Securities and Exchange Commission. This press release is available at www.dci-mb.com.