Brampton, Ontario – May 20, 2021 – DATA Communications Management Corp. (TSX: DCM) (“DCM” or the “Company”), a leading provider of marketing and business communication solutions to companies across North America, is playing an important role as a preeminent solutions partner to the Canadian healthcare market, which has been significantly disrupted by the impact of the COVID-19 pandemic. DCM’s communications and technology-enabled workflow solutions are used by many of Canada’s leading healthcare organizations, including the country’s largest provincial health provider, its largest laboratory service provider, and its largest pharmacy retailer, as well as by many hospital networks, clinics and other healthcare enterprises across the country.
“Since the pandemic began, healthcare organizations have been thrust into a new reality of patient care that is taxing their staff as traditional services have been postponed. DCM’s technology-enabled solutions, combined with our national logistics capabilities and manufacturing scale, have helped our clients adapt to a crisis that many were unprepared for and automate and streamline many of their daily functions,” said Jason Kosman, Senior Director of Sales, Healthcare of DCM. “Our expertise in the healthcare sector is both helping improve patient experience and maintaining high standards of reporting and compliance for our healthcare clients.”
The Company’s innovative healthcare solutions are built around DCM | Flex, a proprietary marketing and operational workflow platform, which delivers critical clinical-compliant, on- demand, communications and patient facing collateral, digital asset management, and logistics services. DCM’s healthcare solutions also include positive patient identification systems and asset tracking, all accessed through a secure tech-infrastructure.
DCM has been serving the healthcare industry for more than 50 years and the sector represented approximately 11% of the Company’s $260 million in total revenue in fiscal 2020. Today, DCM manages more than 20,000 SKU’s within its healthcare portfolio, with applications ranging from clinical and operational support services, patient facing communications, and laboratory and patient identification systems, all while connecting and streamlining important back-end processes.
“No single industry has been as important to Canadians or has been as challenged over the last year as healthcare, and that likely will continue,” said Richard Kellam, President and CEO of DCM. “We are proud of the role we play across the entire healthcare spectrum, throughout the integral patient journey, both in and out of hospitals. DCM’s solutions directly enable frontline healthcare workers to combat the pandemic. The data driven analytics our solutions provide to administrators allows them to manage their departments and services efficiently, and within their ever-challenging budgets.”
To read more about DCM’s healthcare solutions visit www.DCMHealthcareSolutions.com.
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.
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. Richard Kellam
President & Chief Executive Officer
DATA Communications Management Corp.
Tel: (905) 791-3151
Mr. James E. Lorimer Chief Financial Officer
DATA Communications Management Corp.
Tel: (905) 791-3151