Forward Looking Information:
This Press Release offers our assessment of DirectCash's future plans and operations and contains "forward-looking information" relating to future events as defined under applicable Canadian securities legislation. DirectCash's actual results or performance could differ materially from those expressed in, or implied by, this forward-looking information. DirectCash can give no assurance that any of the events anticipated will transpire or occur or, if any of them do, what benefits or costs we will derive from them. Forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond DirectCash's ability to control, including but not limited to general economic conditions, interest rates, foreign currency rates, consumer spending, borrowing trends and regulatory changes to name a few. Additional risk and uncertainties are described in DirectCash's Annual information Form for the year ended December 31, 2012 which is available at www.SEDAR.com and in the "Key Business Risks" section of the Company's MD&A for the three months and year ended December 31, 2012.
The forward-looking information contained in this Press Release is expressly qualified by this cautionary statement. Certain statements that contain words such as "could", "believe", "expects", "expected", "will", "intends", "projects", "anticipates", "estimates", "continues" or similar words relating to matters that are not historical facts constitute "forward-looking information" within the meaning of applicable Canadian securities legislation.
Forward-looking information and statements contained in this Press Release and the Company's MD&A include statements related to DirectCash's projected growth in operations in the Americas, Australasia and Europe, ability to complete accretive acquisitions on a go forward basis, ability to grow organically though our sales force, expansion of DirectCash's merchant base through new and innovative products and services, impact of acquisitions in United Kingdom and Australia including realizing on expected synergies, ability to continue to acquire long-term recurring services contracts and negotiate renewals thereof in advance of their expiry, ability to maintain current customer relationships, ability to obtain improved supplier terms and manage cost structures internationally, ability to increase our product offerings in Australia and the United Kingdom, ability to diversity into new industry segments or to increase diversification in terms of product offerings and the number of customers we serve and the possible increase in capital expenditures for technology and infrastructure or due to regulatory mandated security upgrade changes.
Readers are cautioned that our expectations, estimates, projections and assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. With respect to forward-looking statements contained within this Press Release, expectations are based on our current strategic plan and management forecasts, the historical financial performance and operational data of acquired entities, our existing contracts schedule, forecast and budget and projections of increased capital expenditure requirements based on our view of the mandated regulatory security upgrade requirements and age of capital assets currently in use by DirectCash.
The assumptions and estimates relating to the forward-looking information referred to above are updated quarterly and except as required by law, we do not undertake to update any other forward-looking information.
Additional information about DirectCash is available on SEDAR (www.sedar.com) or DirectCash's website at www.directcash.net.
DirectCash Payments Inc.
Brenda G. Hughes
Chief Financial Officer
(403) 451-3003 (FAX)
DirectCash Payments Inc.
Amanda J. Gallacher
(403) 451-3058 (FAX)
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