The new center will allow Octacom to deliver its IDP and digitization solutions to US clients while leveraging DCM's existing infrastructure, it added.

"Establishing this U.S. processing center strengthens the platform from which Octacom serves the critical U.S. market and significantly expands the roster of clients we can serve with our innovative IDP solutions," said Richard Kellam, chief executive officer of DCM. "Locating this center within DCM's existing Chicago area footprint accelerates the growth of our U.S. business and provides us with meaningful operating leverage."

DATA Communications Management's shares were last seen up CA$0.02 at CA$2.17 on the Toronto Stock Exchange.

Price: 2.18, Change: +0.03, Percent Change: +1.40

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