Who is Development Capital Group?

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Read the bios and backgrounds on the executive team that now manages Development Capital Group.

Development Capital Corp, (OTC: DLPM; http://www.developmentcapital.com “the “Company”) is pleased to introduce Joseph Ricard as President and Director and John Lindsay as Chief Executive Officer and Director.    

Joseph Ricard is the visionary overseeing the growth of company technologies and products. He has an incredible knowledge and understanding of digital and information technology necessary for a company in this sector to grow with a leading edge. His initial focus is to develop technologies and identify acquisitions that will become products under the company umbrella; pushing these products to market with the goal of housing a successful portfolio that will deliver revenue from a variety of sources.

Joseph Ricard’s background working with start-up companies began with his first venture in the information technology industry. He built an IT consultancy which he later sold. In 2007 while running his company, Mr. Ricard earned a degree in Information Technology from Florida State University. Since graduation, Ricard has founded and assisted in the development and growth of over ten start-up companies. In 2009, he founded European Navigation Corp., an international business based in Germany, dedicated to developing innovative technology solutions for American cars imported to Europe. Mr. Ricard is an active Entrepreneur, holding membership in organizations such as the Young Entrepreneur Council (“YEC”) and Entrepreneur Organization (“EO”).

Mr. Ricard said of his recent position, “I’m thrilled! Development Capital Group offers a great opportunity to develop technologies I have been considering for sometime. John Lindsay’s public company skill set is key, allowing me to focus on executing and delivering products. Now that we have finished our initial round of financing we can focus on creating, acquiring and launching innovative applications like RealtyValuator.com

John Lindsay has worked in the public sector dating back to 1996. He has worked in numerous areas in the public sector ranging from, management, marketing, overseeing the SEC accounting cycle, mergers and acquisitions, equity financing, budgeting and numerous other areas necessary in the growth of early stage and mid-tier companies.

John Lindsay co-founded Duma Energy Corp. previously known as Strategic American Oil Corporation. During his eight plus years with the company he served as Chief Financial Officer, Director, Secretary, and Treasurer. Prior to his role with Duma, Mr. Lindsay was co-founder and served as Secretary and Treasurer of Carlin Gold, Inc., now Uranium Energy Corp. He was an intricate part of the company’s development and growth from its inception in 2003 to 2006. Mr. Lindsay also co-founded Bullfrog Gold Corp. and Continental Resource Group (previously American Energy Fields. Inc.) before it was acquired by Pershing Gold Corporation. He studied business at British Columbia Institute of technology in 1999 and 2000.

Mr. Lindsay said, “It is exciting to get back involved with an early stage company looking to build world class products behind a world class team. It has been great to get to know Mr. Ricard over the past six months and I know we can accomplish great things together. He has a great mind for this field and I want to bring him the required support so he can operate in an environment conducive to excellence.”

About Development Capital Group, Inc.
Development Capital Group, Inc. (OTC: DLPM) develops businesses and technologies with significant potential for growth and customer acquisition. The Company analyzes market trends seeking opportunities to develop innovative technologies that capitalize on antiquated or under-serviced sectors. Our first internal application RealtyValuator.com is currently in private beta analyzing real estate auction data in Florida.

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For more information visit DevelopmentCapital.com

For further information please contact:

Development Capital Group, Inc.
6815 Biscayne Blvd, Suite 419
Miami, FL 33138

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Safe Harbor Statements
This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding the Company’s results of operation, financial position and long-term strategies. These forward-looking statements involve risks and uncertainties that include, among others, risks related to competition, management of growth, new products, services and technologies, potential fluctuations in operating results, international expansion, commercial agreements, acquisitions and strategic transactions, and fraud. More information about factors that potentially could affect the Company's financial results are included in the Company's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-Q or 10-K and subsequent filings.

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