Mr. Richard Kellam reports

DATA COMMUNICATIONS MANAGEMENT CORP. ANNOUNCES CLOSING OF $26.1 MILLION PRIVATE PLACEMENT OFFERING

Data Communications Management Corp. has completed its previously announced private placement of common shares of the company. Upon closing of the offering, the company issued 8,707,200 common shares at a price per share of $3 for gross proceeds of $26,121,600.

The offering was led by Clarus Securities Inc., on behalf of a syndicate of agents that included Acumen Capital Finance Partners Ltd. and Canaccord Genuity Corp., and included the issuance of 373,867 common shares upon the exercise of the agents' overallotment option, on the same terms and conditions as the offering. In connection with the offering, the company issued to the agents broker warrants entitling the agents to acquire, in the aggregate, up to 261,216 common shares at a price of $3.1627 per share for a period of two years following the closing of the offering.

Insiders of Data Communications, including senior members of the company's leadership team, subscribed for $400,000 of the offering.

The common shares issued under the offering will be subject to a hold period expiring four months and one day after closing. The company intends to use the net proceeds of the offering for general corporate and working capital purposes.

Following closing of the offering, a total of 55,022,883 common shares are issued and outstanding.

About Data Communications Management Corp.

Data Communications is a marketing and business communications partner that helps companies simplify the complex ways they communicate and operate, so they can accomplish more with fewer steps and less effort. For more than 60 years, Data Communications has been serving major brands in vertical markets, including financial services, retail, health care, energy, other regulated industries and the public sector. It integrates seamlessly into its clients' businesses as a result of its deep understanding of their needs, transformative technology-enabled solutions and end-to-end service offerings. Whether it is running technology platforms, sending marketing messages or managing print workflows, it has a goal to make everything surprisingly simple.