March 9, 2004
Strategic Customers Driving Robust
Growth in 2004, 8th Straight Quarter of Profitability.
LAS VEGAS--(BUSINESS WIRE)--March 9, 2004--Datascension Inc. (OTCBB:DTSNV
- News) today announced that its market survey and data collection
subsidiary Datascension International Inc., has been contracted by
one of the world's leading research companies to conduct a year-long
tracking study researching the Hispanic community. The tracking
study, which will generate nearly $500,000 in revenues, will be
carried out weekly for an entire year.
"We've recently concluded our eighth straight profitable quarter
largely due to the increased revenues from growth in our strategic
customer base," stated Murray Conradie, Datascension CEO. "We're on
track for record revenues and continued profitability in 2004."
"The Spanish-speaking community is one of the largest and fastest
growing population segments in the USA, resulting in a tremendous
need for research within the Hispanic market," said Joseph Harmon,
Datascension International vice president.
"Early in our business, we identified the growing need for Hispanic
market research and began developing the infrastructure to leverage
this opportunity. We knew there would be many market research
companies looking for market survey companies to collect this
information, and we positioned Datascension to be that company. Our
foresight and diligence in this area is coming to fruition in
contracts with leading research companies who recognize our
strengths in this area. We're anticipating that interest from firms
in our Hispanic market survey capabilities will further enhance our
bottom line," commented Scott Kincer, Datascension International
president.
"This new contract typifies the growth we are experiencing with our
existing clients. Customers who are satisfied with our service and
quality are contracting with us for work in additional areas,"
concluded Kincer.
NOTE: Since the research industry is extremely competitive, with
most clients including strict privacy policies in their contracts,
Datascension International cannot disclose all client names.
Safe Harbor Statement under the Private Securities Litigation Reform
Act of 1995:
Certain statements contained in this press release are
forward-looking statements (as such term is defined in the Private
Securities Litigation Reform Act of 1995) 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. When used in this press
release, the words "estimate," "project," "believe," "anticipate,"
"intend," "expect," and similar expressions are intended to identify
forward-looking statements. 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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