Brampton, Ontario – June 7, 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 helping Canada’s largest financial institutions drive productivity improvements and accelerate personalized digital communications. DCM’s financial services business represents approximately 24% of the Company’s total revenue, with clients including the top five Schedule I Canadian banks.
DCM’s proprietary enterprise content and workflow digital management platform, DCM | Flex, is helping its financial services clients respond to rapidly changing consumer communication behaviors. As more routine banking transactions and client relationships have moved to digital, DCM delivers programs with enhanced content personalization and relevant messaging in the customer’s preferred channel.
“We are market leaders in effectively managing conventional print programs and distributing products that are critical to bank, wealth management and insurance operations,” said Tammy Oram, Senior Director of Financial Solutions of DCM. “We also have decades of experience delivering tech-enabled workflow automation to support the operational and highly personalized marketing needs of our financial services clients while ensuring brand consistency and regulatory compliance.”
DCM’s tech-enabled services deliver against our clients’ dynamic communication and marketing workflow needs and help drive collaboration across their multiple business units. Consumer movements have changed dramatically over the last number of years and have accelerated with the pandemic. The trend towards increased customization and individualization is expected to continue. Given the technical capabilities of DCM, the Company is well positioned to deliver market leading tech-enabled solutions to our clients.
“The most respected Canadian financial institutions trust DCM to streamline complex multi- channel communications that deliver more meaningful connections with their customers.” said Richard Kellam, President and CEO of DCM. “We are proud of our long-standing history and collaborative partnerships with Canada’s top financial services brands. Our clear understanding of our clients’ key strategic priorities, coupled with our digital solutions, is a key differentiator and competitive advantage in the market.”
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