Datascension International Receives Contract from Sandelman & Associates for $3.5 Million.Business Editors LAS VEGAS--(BUSINESS WIRE)--Feb. 18, 2004 Datascension, Inc.'s (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :DTSN DTSN Seaman, Dental Technician Striker (Naval Rating) DTSN Digital Tandem Switching Network (AT&T) ) (OTCBB:DTSNV) wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. , Datascension International, a leading data processing data processing or information processing, operations (e.g., handling, merging, sorting, and computing) performed upon data in accordance with strictly defined procedures, such as recording and summarizing the financial transactions of a and market research firm, announced today that Sandelman & Associates has renewed its contract with Datascension International. This renewed contract will generate revenues in excess of $3.5 million. Sandelman & Associates, a leader in foodservice consumer research, utilizes Datascension to conduct research surveys on behalf of its food industry clients. The client list of Sandelman & Associates includes over 90 of the nation's leading foodservice companies. Robert L. Sandelman, President of Sandelman & Associates, commented, "We are extremely pleased to announce the continuation of our long standing relationship with Datascension International. Datascension has continued to provide unmatched customer service coupled with quality, on-time deliverables. We foresee a continued, long-lasting relationship between our two firms." "We pride ourselves on delivering superior customer service that builds strong, long-term relationships with our customers," said Scott Kincer, President of Datascension International. "We're pleased that respected industry leaders, like Sandelman & Associates, choose to do business with us and recognize the added value Added value in financial analysis of shares is to be distinguished from value added. Used as a measure of shareholder value, calculated using the formula:
"Our business growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. and customer retention are a testament that our strategy of investing in professional personnel and cutting edge technology is working," said Murray Conradie, 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. "We believe both of these areas provide a distinct competitive advantage for Datascension International and its clients. As we expand our international call center operations, we plan to leverage these strengths to further grow our business and better serve our customers." About Sandelman & Associates Sandelman & Associates is a marketing research and consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a that was established in 1988 to provide foodservice companies with the consumer information they need to direct their marketing and operations efforts. More information is available on the Internet at: www.sandelman.com. About Datascension International Datascension, a premier data solutions company with headquarters in Las Vegas, NV and Brea, CA, embodies a unique expertise in the collection, storage, processing and interpretation of marketing data. Employing hundreds of bilingual professionals, the company is quickly becoming one of the largest Spanish-speaking call centers. Datascension International'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. Further information is available at: www.datascension.com. 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 contained in this press release are forward-looking statements and information relating to the company that is based on the beliefs of the management of the company, as well as assumptions made by and information currently available to the management of the company. Such statements reflect the current views of the company with respect to future events, and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated in such forward-looking statements. The company does not undertake any obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. |
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