Brampton, Ontario – May 25, 2020 – DATA Communications Management Corp. (“DCM” or the “Company”)(TSX:DCM), a leading provider of marketing and business communications solutions to companies across North America, today announced Gregory Cochrane, DCM’s Chief Executive Officer, is taking a temporary medical leave of absence, effective immediately.
In Mr. Cochrane’s absence, Michael Coté, President of DCM, will assume Mr. Cochrane’s responsibilities and will be supported by the Company’s existing senior executive and management team, all of whom have extensive tenures with DCM and/or Perennial|DCM under Mr. Cochrane’s leadership. Chris Lund, DCM’s Chief Innovation Officer, will continue to lead Perennial|DCM.
“Greg has requested a leave of absence from DCM to address some health related issues and we all wish him a speedy and full recovery,” said J.R. Kingsley Ward, Chairman of DCM’s board of directors. “The Board of Directors unanimously supports Mike Coté stepping in to fill the gap created by Greg’s temporary absence. Mike is an experienced executive who has a firm grasp of what it takes to implement DCM’s strategy as well as lead the management team who run our day to day operations.”
ABOUT DATA COMMUNICATIONS MANAGEMENT CORP.
DCM is a communication solutions partner that adds value for major companies across North America by creating more meaningful connections with their customers. DCM pairs customer insights and thought leadership with cutting edge products, modular enabling technology and services to power its clients’ go to market strategies. DCM helps its clients manage how their brands come to life, determine which channels are right for them, manage multimedia campaigns, deploy location specific and 1:1 marketing, execute custom loyalty programs, and fulfill their commercial printing needs all in one place.
DCM’s extensive experience has positioned it as an expert at providing communication solutions across many verticals, including the financial, retail, healthcare, consumer health, energy, and not for profit sectors. As a result of its locations throughout Canada and in the United States (Chicago, Illinois), it is able to meet its clients’ varying needs with scale, speed, and efficiency – no matter how large or complex the ask. DCM is able to deliver advanced data security, regulatory compliance, and bilingual communications, both in print and/or digital formats.
Additional information relating to DATA Communications Management Corp. is available on www.datacm.com, and in the disclosure documents filed by DATA Communications Management Corp. on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com.
Forward-Looking Statements
Certain statements in this press release constitute “forward looking” statements that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, objectives or achievements of DCM or industry results, to be materially different from any future results, performance, objectives or achievements expressed or implied by such forward looking statements. When used in this press release, words such as “may”, “would”, “could”, “will”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan”, and other similar expressions are intended to identify forward looking statements. These statements reflect DCM’s current views regarding future events and operating performance, are based on information currently available to DCM, and speak only as of the date of this press release. These forward looking statements involve a number of risks, uncertainties and assumptions and should not be read as guarantees that future performance or results will be achieved. Many factors could cause the actual results, performance, objectives or achievements of DCM to be materially different from any future results, performance, objectives or achievements that may be expressed or implied by such forward looking statements, including the changes in the Company’s senior management and other factors discussed elsewhere in this press release and under the headings “Liquidity and capital resources” and “Risks and Uncertainties” in DCM’s management’s discussion and analysis and other publicly available disclosure documents, as filed by DCM on SEDAR (www.sedar.com).
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described in this press release as intended, planned, anticipated, believed, estimated or expected. Unless required by applicable securities law, DCM does not intend and does not assume any obligation to update these forward looking statements.
For further information, contact:
Mr. Michael Coté
President
DATA Communications Management Corp.
Tel: (905) 791-3151
Mr. James E. Lorimer Chief
Financial Officer
DATA Communications Management Corp.
Tel: (905) 791-3151