Mr. David Redekop reports

DECISIVE DIVIDEND CORPORATION REPORTS FINANCIAL RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2016

Decisive Dividend Corp. has released its financial results for the three-month and six-month periods ended June 30, 2016. All amounts are in Canadian currency. The results have been posted on SEDAR and on the company's website.

2016 second quarter highlights

• Revenues were $4,842,000 for the six months and $2,254,369 for the second quarter.
• Adjusted EBITDA (earnings before interest, taxes, depreciation and amortization) was negative $102,800 for the six months and negative $171,994 for the second quarter, as defined in the second quarter management discussion and analysis.
• Due to seasonal trends and due to acquisition costs related to the acquisition of Unicast Inc., as well as a large non-cash charge for stock option compensation expenses, the six-month period ended June 30, 2016, resulted in a net loss of $1,589,433, or a loss of 41 cents per share, as compared with a loss of $453,241, or a loss of 15 cents per share, in the six-month period ended June 30, 2015. For the second quarter, the net loss was $1,456,095, or a loss of 37 cents per share, as compared with a loss of $347,226, or a loss of 10 cents per share, in the second quarter of 2015.
• Dividends paid out during the second quarter were 7.5 cents per share.
• The company completed its second acquisition, Unicast, on June 23, 2016.

On June 23, 2016, the company announced that it had closed the acquisition of Unicast, a company based in Kelowna, B.C., that designs, manufactures and markets wear parts for the mining, aggregate and cement industries. As the purchase was concluded near the end of the second quarter, only seven days of Unicast operations are incorporated in the three-month and six-month operating results.

The consolidated financials for the six-month period ended June 30, 2016, include a full six months of Blaze King's operations and seven days of Unicast operations, in which $4,842,000 of revenue was recorded. As expected, the second quarter for Blaze King is expected to be the weakest quarter of the year, as seasonal demand is traditionally stronger in the third and fourth quarters of the year for Blaze King.

During the second quarter of 2016, Blaze King management received the final certification letter from the U.S. Environmental Protection Agency regarding the new Sirocco 25 fireplace insert. Testing has shown that the Sirocco model achieved an emissions level of 0.9 gram per hour, well below the 2020 requirements. First delivery of product to dealers commenced in the latter stages of the second quarter of 2016.

"Blaze King has experienced a challenging quarter for sales, which is not unusual given the second quarter is traditionally the weakest quarter of the year in Blaze King's market. Blaze King continues to follow seasonal selling trends, and we look forward to the final two quarters of the year as we go into the traditionally strong fall and winter selling season," said James Paterson, chief executive officer of Decisive. "Now that the Unicast transaction has closed, we look forward to Unicast adding to the stability and diversity of Decisive's future financial results and Decisive can move forward as a stronger company with two solid divisions."

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