SOURCE: Digagogo Ventures Corp.

Digagogo Ventures Corp.

April 27, 2011 08:00 ET

Digagogo Ventures Corp. Signs a Letter of Intent for the Acquisition of Swebby, a Versatile Software Platform

CHARLOTTE, NC--(Marketwire - Apr 27, 2011) - Digagogo Ventures Corp. (OTCQB: DOGO) is in the process of building the technical foundation to digitally connect households; enable individuals to promote family values, and buy or sell items online via private social networks. Digagogo Ventures Corp. is pleased to announce that they have signed a Letter of Intent (the "Letter of Intent") for the acquisition of Swebby Inc. ("Swebby"). Pursuant to the Letter of Intent, the Company shall acquire one hundred percent (100%) of Swebby's issued and outstanding shares. Swebby's business is based on a platform (the "Swebby Platform") located on Swebby.com. The Swebby Platform is a web site publishing tool, which is capable of hosting a large number of individual web sites. The Swebby Platform distinguishes itself from its competitors based on functionality and its ability to allow users to focus on contents rather than layout or design of the web site.

Digagogo, through both its DOGONET product and the Swebby platform will have the ability to empower every household with a virtual portal, which contains cutting edge features. This customizable virtual portal has the potential to give households the ability to buy, sell, share, promote family values, earn extra household income, and provide leveraged buying power. The virtual portal is user friendly, and offers a high degree of security, confidentiality and privacy.

Digagogo CEO, FernandoLonde, has commented on Digagogo and the Swebby platform:

"The acquisition of this software technology would help expedite Digagogo's development and the timeliness of our product's delivery to market. Our goal is to empower every household on the planet with their own virtual portal that is equipped with a unique suite of features. We will continue to expand our business throughout North America and the world and deliver a product that will revolutionize the way people use the Internet."

About Digagogo Ventures Corp.:

The Company is developing a digital sales and distribution network designed to connect households together and enable individuals to buy or sell items within a local community. The Company believes that this can be achieved by harnessing the power of local group buying and instantaneous knowledge of supply and demand within that community.

Forward-Looking Statements:

Statements in this press release may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "optimizing," "potential," "anticipate," "goal," "intend" and similar expressions, as they relate to the company or its management, identify forward-looking statements. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Actual outcomes and results may, and probably will, differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including those described above and those risks discussed from time to time in Digagogo filings with the Securities and Exchange Commission.

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