SOURCE: DigitalPost Interactive

October 11, 2007 05:00 ET

DigitalPost Interactive Completes $1.7 Million Financing

Web 2.0 Company to Bring Advanced, Digital Media-Sharing Platform to New Markets

IRVINE, CA--(Marketwire - October 11, 2007) - DigitalPost Interactive (OTCBB: DGLP) (www.dglp.com), a provider of user-friendly web platforms for digital media sharing and social networking (Web 2.0), announced today it has raised $1.7 million in private investor financing. The Web 2.0 company, known for its user-friendly interface and visually stunning displays, began raising the funds in April to expand opportunities for its successful, new, consumer websites; available through partners and its two flagship web properties, www.TheFamilyPost.com and www.WebsitesForHeroes.com.

The $1.7M financing was completed via two private offerings. $1.1M was completed as equity financing in September 2007 under a private placement opened earlier in the year and the remaining $600,000 was completed as convertible debt financing in the first week of October 2007.

"This announcement significantly enhances our ability to target new vertical markets as part of our strategic plans for growth," said Michael Sawtell, CEO, DigitalPost Interactive. "There's a clear demand from consumers and partners alike for new and better ways to share digital media and communicate with family and friends. This funding gives us the resources we need to expand our staff to meet this demand, and to continue building compelling new features into our Web 2.0 platform. We're looking forward to working with our investors during this exciting time in our company's history."

Pairing stunning Flash designs with unparalleled ease of use, DigitalPost Interactive's consumer websites provide 11 different Web 2.0 functionalities; from full-screen slideshows and videos, to message boards, online calendars, family newsletters and more -- all in a secure, password-protected environment. Completely customizable and rebrandable, the sites provide companies with a dynamic new way to engage their customers and create significant new revenue streams in today's digital world.

About DigitalPost Interactive

DigitalPost Interactive is an innovator in the $20 billion digital media-sharing and social networking space, providing advanced technology that makes Web 2.0 easy to offer, and easy to use. The company's visually stunning, user-friendly Web 2.0 platforms give consumers a single, engaging place online for permanently storing and sharing a lifetime of digital media and memories, connecting with family and friends, and keeping organized in today's digital world.

Completely scaleable and rebrandable, DigitalPost Interactive's technology gives companies in the photo, travel, entertainment, sports, and other vertical markets a fast and efficient way to offer dynamic Web 2.0 products and services. This technology can create exciting new revenue streams for all companies looking to monetize this emerging new internet opportunity. For more information about DigitalPost Interactive or its consumer sites www.TheFamilyPost.com and www.WebsitesForHeroes.com, please visit www.dglp.com.

This press release contains forward-looking statements that may be subject to various risks and uncertainties. Such forward-looking statements are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and may include statements regarding our future financial performance or results of operations, including expected revenue growth. Unless otherwise required by law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise after the date of this press release. Additional information concerning risks and uncertainties that would cause actual results to differ materially from those projected or suggested in the forward-looking statements can be found in the reports that we have filed with the Securities and Exchange Commission.

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