TORONTO, ONTARIO--(Marketwired - June 16, 2015) - DealNet Capital Corp. ("DealNet" or the "Company") (CSE:DLS) is pleased to announce that Dr. Steven Small has joined the Board of Directors of the Company as Executive Chairman of the Board. Additionally, Harold Bridge, Brent Houlden and John Radford have also joined the Board of Directors.

Dr. Steven Small is a Co-Founder and seed capital investor of Element Financial Corporation, a top 100 TSX corporation, where he acted as Executive Vice Chairman and member of several Board Committees until April, 2015. Dr. Small is currently a Founder-Director of INFOR Acquisition Corp.

He is also a founding investor and director of the Axium Group (www.axiumgroup.com), the world's largest workforce management consulting practice.

He was a Co-Founder, seed capital investor, and Director of Newcourt Credit Group. Newcourt was, when sold to CIT in 2000, was the largest independent "non bank" asset backed finance company in the world. He also co-founded Knightsbridge Human Capital Solutions, which became Canada's largest vertically integrated HR firm before being sold to LHH (an Adeco Company) in March of 2015.

For the last 30 years, Dr. Small has been active in a wide variety of business ventures - primarily private venture capital and corporate activities in many business sectors including finance, money management, personal care businesses, technology, health care and consulting. His business career has been primarily as founding investor and an active contributing board member of various private and public companies as well as engagements as Interim CEO, financial and strategic advisor. His firm, Capital Partners Corporation founded and managed, as General Partner and investor, a $100 million venture capital LP Fund which was sold in 2000.

Dr. Small's professional degrees from the University of Toronto are Doctor of Dental Surgery (D.D.S.) as well as a post graduate Degree in Anaesthesiology and he remains a Certified Specialist in Anaesthesiology. In addition to founding a large group practice which he lead since 1982 he served as an Associate Professor of Aneasthesiology at the University of Toronto until 1997. He holds numerous professional awards and distinctions.

Dr. Small was one of the earliest business professional to attend the Rotman School of Business (U. of Toronto) to earn the ICD.D Professional Director designation of the Institute of Corporate Directors.

Mr. Bridge has assumed the role of Chair of the Audit Committee. Mr. Bridge is the Chairman & Chief Executive Officer of Kathar Enterprises Inc., a Toronto-based firm that provides corporate finance, mergers & acquisition and financial advisory services to national and international clients. Mr. Bridge currently serves on the board of Element Financial, and is Chairman of the Element audit committee. From 1976 to 2006, Mr. Bridge served as a partner in the financial advisory, audit and consulting services practice at Deloitte & Touche LLP and as Executive Vice President and Director at Deloitte & Touche Corporate Finance Canada Inc. He is a Director of Aquam Corporation, Direct Credit Ontario Inc. and was Chairman of the International Examination Review Board for the Corporate Finance Designation (CF) for the Canadian Institute of Chartered Accountants (CICA). Mr. Bridge has been an advisor to the Equipment Lessors' Association and the CICA's Sub Committee on Leasing and is the co-author of Leases: Financial Reporting and Analysis, published by the CICA. He has lectured on taxation and leasing issues at the World Bank, the Conference Board of Canada, Queen's University and the University of Toronto as Associate Professor of Accounting and Special Lecturer in Advanced Accounting and Finance. Mr. Bridge holds a Bachelor of Commerce degree in Finance & Accounting from the University of Toronto, a Master of Business Administration degree in Finance and Operations Research from Queen's University, a Corporate Finance designation from the CICA, is a Fellow of the Ontario Institute of Chartered Accountants (FCA) and has earned the professional independent director designation (ICD.D) from the Institute of Corporate Directors and the University of Toronto's Rotman School of Management.

Mr. Houlden is a retail strategy & operations consultant with deep financial advisory skills. He understands how digital and mobile technologies have changed shopping patterns and the path-to-purchase of consumers. Specifically, Mr. Houlden has assisted retailers and other consumer businesses to rapidly develop their OmniChannel capabilities to counter the decline in foot traffic in traditional shopping malls and to respond to on-line offerings. He has also assisted manufacturers and suppliers to go direct-to-their consumers by leveraging web based technologies.

After 26 years as a Deloitte partner, he retired from the Firm in November 2014 to co-found CR Advisors - a consulting boutique focusing on formulating high impact and practical business solutions. As a senior Deloitte partner, he held various leadership positions building Deloitte's Consulting and Financial Advisory practices. Through his career, he led Deloitte's retail practice in Canada while serving numerous retailers, consumer product companies, real estate developers and landlords.

His governance experience includes serving on the Canadian Board of Directors of Deloitte for two terms, as well as Director and Treasurer of The Empire Club of Canada, Chair of University of Toronto Press and director of the Mount Pleasant Group. In addition, he has been actively involved in various advisory boards for technology start-ups.

Mr. Houlden holds a MBA (Queen's University), two accounting degrees (CPA, CA and CPA (Illinois)), CAIRP (ret), trustee license from OSB, and ICD.D.

Mr. John Radford assumed the role of Chair of the Corporate Compensation and Governance Committee. He has held senior executive level positions in the automotive sector at both Corporate and Retail spheres in the USA and Canada for over three decades and retired as Senior Executive Vice President of National Sales and Marketing of Ford Motor Company of Canada in 2000. That role carried direct and material P&L responsibility in one of Canada's largest corporations.

Mr. Radford was VP and General Manager of the Morguard Auto Group between 2000 and 2009 leading the Group to be Canada's largest volume and most profitable Ford Group in Canada. Currently, Mr. Radford is the senior Executive Auto Recruiter at the Marckis Group, Canada's leading exclusive auto executive recruiting company for international OEM's and OEM's captive auto loan operations. In addition, Mr. Radford is currently the Ontario Regional Manager for LoJack Canada with over 200 dealer/distributors, a world leader in stolen auto/commercial equipment recovery.

Mr. Radford has held several directorships/governance roles including Wilfrid Laurier University, (Chair) Sheridan College, Ford of Canada Limited, Ford Credit Canada Limited along with a number of small private businesses. Mr. Radford has earned the professional independent director designation (ICD.D) of the Institute of Corporate Directors from the Rotman School of Business.

The Company also announces that Robert Cariglia and Henry Kloepper have stepped down from the Board of Directors of the Company, effective immediately and the Company thanks them for their contributions.

"I am very pleased that our company has advanced to the level that has enabled us to attract such a high quality board with deep experiences in alternative finance and OmniChannel engagement. Their understanding of the value of our platform and the marriage of finance and engagement serves as terrific validation for our team and all the hard work they have done to build an exceptional platform for accelerated growth. This is a major milestone that I believe will reward shareholders, staff and customers in many ways." Said Michael Hilmer, CEO.

About DealNet Capital Corp.

DealNet Capital Corp. focuses on two key vertical markets, Consumer Engagement and Consumer Finance. Through acquisitions, the Company has become a leader in the Consumer Engagement space helping their corporate customers 'speak' to their consumers the 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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