The board of directors of Dealnet Capital Corp. announced that it has appointed Mr. Brent Houlden to the position of President and Chief Executive Officer of the company. Since his appointment as the Interim Chief Executive of the company in October 217, Mr. Houlden has made significant progress in rationalizing Dealnet's call centre operations, improving the consumer finance operations and significantly reducing corporate overheads.

His skill and experience steering the company through these changes, together with his proven expertise in managing the transformation of a number of public and private companies, led the Board to conclude that Mr. Houlden was the ideal candidate to assume the President and CEO role at Dealnet going forward. Harold Bridge has been appointed as the Chairman of the Board. Mr. Bridge has served as the Lead Independent Director of Dealnet since June 16, 2015.

He has had a distinguished business career, has served on a variety of public and private company boards, and is highly knowledgeable of the leasing industry, corporate financing, and mergers and acquisitions.