IPC Iplayco Corporation Ltd

Iplayco Corporation Limited (TSX VENTURE:IPC) ("Iplayco" or the "Corporation")
announces that it has entered into a new sales agreement of U.S. $544,500 to
design, manufacture and install a large indoor play structure for a corporate
customer. In an unrelated event, Iplayco also announces that a sales agreement
previously announced on September 6, 2011 for U.S. $1,358,000 has been revised
to U.S. $850,000. 


"We are pleased to announce that we have entered into a new sales agreement of
U.S. $544,500 which is adding to our very robust sales backlog. This new sales
agreement is expected to favorably impact the operating results of our current
fiscal year ending September 30, 2012. In an unrelated event, we have agreed to
revised contractual terms with a corporate customer on a sales agreement that
was previously announced on September 6, 2011 for U.S. $1,358,000. The revised
sales agreement is for U.S. $850,000 and is expected to favorably impact the
operating results of our current fiscal year. As we were about to start
production of the play structure under the original contract, the customer
informed us that a smaller play structure was required. We have agreed to these
revised terms on the basis that we expect to conclude two other sales agreements
with this customer before the end of our current fiscal year," said Scott
Forbes, President and Director of Iplayco.


ON BEHALF OF THE BOARD OF DIRECTORS

Scott C. Forbes, President and Director

About Iplayco Corporation Limited

Iplayco designs, manufactures and installs customized indoor and outdoor play
structures for children. Iplayco also owns and operates a family entertainment
centre ("The Great Escape") in Langley, British Columbia. For more information,
please visit www.iplaycoltd.com. 


Cautionary Note Regarding Forward-looking Statements

This news release contains certain forward-looking statements. All statements,
other than statements of historical fact, included herein, including without
limitation statements regarding the Corporation's business, results or future
plans, are forward looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate and actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause actual
results to differ materially from the Corporation's expectations are disclosed
elsewhere in documents that are available to the public.

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