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Datascension International Announces Record Revenue; Company Anticipates Year-over-Year Revenue Increase of 24%.


BREA, Calif. -- Datascension, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:DSEN) announced today that third quarter revenue increased 23% over the comparable quarter in 2003; with nine-month revenue comparables increasing 22%. Annual revenues for 2004 are anticipated to exceed the previous record set in 2003 by 24%.

"We are well on our way to our most successful year ever. In fact, our total ten-month revenues in 2004 have already surpassed our previous 12-month high," stated Murray N. Conradie, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Datascension, Inc. "I am also extremely pleased to announce that Datascension International has produced over $22 million in revenue since the acquisition of this subsidiary in 2001."

"This top-line growth is the direct result of our continued and successful efforts to bring in new and larger customers while still maintaining our focus on existing partners," commented Scott Kincer, President of Datascension International. "In conjunction with our recent funding and corporate restructuring, I firmly believe that we are poised to deliver continued growth in 2005 and beyond, which we expect to translate to improved shareholder value, as the Company's fundamentals strengthen."

"The recently received funding and ongoing commitment will bring significant opportunities to the company and its shareholders," stated Conradie. "The financing commitment demonstrates investor confidence in our company and reflects positively on our ability to provide superior services to our customers and partner relationships. This relationship should allow us the ability to aggressively pursue our growth strategy, close significant new business and create long-term shareholder value."

About Datascension International

Datascension International, a premier data solutions company with operations in California, Costa Rica Costa Rica (kŏs`tə rē`kə), officially Republic of Costa Rica, republic (2005 est. pop. 4,016,000), 19,575 sq mi (50,700 sq km), Central America.  and the Dominican Republic Dominican Republic (dəmĭn`ĭkən), republic (2005 est. pop. 8,950,000), 18,700 sq mi (48,442 sq km), West Indies, on the eastern two thirds of the island of Hispaniola. The capital and largest city is Santo Domingo. , embodies a unique expertise in the collection, storage, processing and interpretation of marketing data. Employing hundreds of bilingual bi·lin·gual  
adj.
1.
a. Using or able to use two languages, especially with equal or nearly equal fluency.

b.
 professionals, the company is rapidly becoming one of the largest Spanish-speaking call centers. The company's commitment to customer service, quality and on-time project management has fostered its world-class reputation among major market research firms and corporate market research departments.

Safe Harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 Statement under the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and  of 1995: Certain statements made in this press release contain certain forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 that involve a number of risks and uncertainties. In addition to the matters described above, the company's ability to initiate and complete the contemplated transactions described above will depend upon a number of factors including overall economic conditions, general stock market conditions and the continuing results of the company, as well as the risk factors listed from time to time in the SEC filings of Datascension Inc.

For further information: www.datascension.com
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Dec 6, 2004
Words:416
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