Fifty-Plus.Net International Inc.
TSX VENTURE : FPN

Fifty-Plus.Net International Inc.

June 27, 2008 15:07 ET

Fifty-Plus.Net International Inc.: Introducing ZoomerMedia Limited

Moses Znaimer Completes Amalgamation Renames Fifty-Plus.Net International Inc., Fifty-Plus.Net Inc. and Kemur Publishing Co. Ltd.

TORONTO, ONTARIO--(Marketwire - June 27, 2008) - On July 1, 2008, Moses Znaimer will celebrate Canada Day by announcing that the amalgamation of Fifty-Plus.Net International Inc. (TSX VENTURE:FPN), Fifty-Plus.Net Inc. and Kemur Publishing Co. Ltd. is complete. That day, the aforementioned companies, which previously operated as Fifty-Plus-International.Net Inc., will be renamed ZoomerMedia Limited. ZoomerMedia Limited will be traded on the Toronto Venture Exchange as ZUM, replacing the current symbol FPN. The new name ZoomerMedia Limited gives a symbolic expression to the Zoomer concept and philosophy, now at the core of all of Moses' initiatives.

"After two years of considerable effort, we are finally able to collect under one umbrella, these various business units that engage in creating products and services for Zoomers. They will now trade under ZoomerMedia Limited - a new, catchy name that more clearly reflects the direction, operations and target audience of the company," said Moses.

On December 28, 2007, Moses became the controlling shareholder of Fifty-Plus-International.Net Inc. A mere 61 days later, he announced his New Vision Of Aging For Canada. "Zoomer", derived from "Boomer With Zip!" is the term Moses has popularized to denote the population traditionally known as "50+". Since then, the Zoomer idea has been covered and hailed by media from coast to coast including The Globe and Mail, National Post, BNN, Calgary Herald, CBC TV and CBC Radio, The Edmonton Journal, Halifax Chronicle, Investment Executive, Marketing Magazine, Toronto Star, Toronto Sun and The Vancouver Sun.

ZoomerMedia Limited (ZUM) operates a suite of websites and specialty e-newsletters featuring exclusive content that caters to the interests of Canada's 14.5 million Zoomers. The websites include CARP.ca, CARP Action Online and 50Plus.com, the authoritative Zoomer website. 50Plus.com also supplies Zoomer-related information to MSN Sympatico, LavalifePrime and Yahoo! Canada.

ZoomerMedia Limited (ZUM) also publishes CARP Magazine, which will relaunch as ZOOMER Magazine this October under magazine and style icon Editor-in-Chief Suzanne Boyd. Boyd was formerly the Editor-in-Chief of FLARE Magazine, which under her leadership was Canada's #1-selling fashion magazine.

In addition, ZoomerMedia Limited (ZUM) recently established a Conference and Trade Show Division, appointing David Sersta Vice President of Conferences and Trade Shows. Sersta has an extensive history with educational, motivational and leadership events including The Learning Annex and The Power Within. In his new role, he will be organizing the country's soon-to-be-announced premiere Zoomer events, bringing essential products, services and entertainment to Zoomers in an unprecedented way.

Moses is also the Executive Director of CARP, Canada's largest association for Zoomers, dedicated to strengthening Zoomer Advocacy, Benefits and Community. In late-May, Moses embarked on a CARP National Tour addressing Zoomers in Toronto, Owen Sound, Calgary and Edmonton. Future dates, from Victoria to Halifax are planned. The new CARP intends to become the biggest, most-listened to grassroots organization in Canada and is currently on A March To A Million members. Moses is also the proprietor of The New Classical 96.3 FM & 103.1 FM, English Canada's only all-classical radio station, and AM 740 - The Best Of The Best Zoomer Radio.

Cautionary note on forward-looking statements

Certain statements made in this report are 'forward-looking statements' which may include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and may contain the words 'believe', 'anticipate', 'expect', 'estimate', 'project', 'will be', 'will continue', 'will likely result' or similar words or phrases. Forward-looking statements involve risks and uncertainties, which may cause actual results to differ materially from the forward-looking statements. The risks and uncertainties are detailed from time to time in filings by the Company with provincial securities commissions. New risk factors emerge from time to time and it is not possible for management to predict all such risk factors, nor can it assess the impact of all such risk factors on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Such risks, uncertainties and other factors include, but are not limited to, the following:

- the risks inherent in the operation of Internet media properties generally;

- the limited cash flow and the Corporation's dependency on a few large customers;

- the competition in the Internet and media industry for the baby boom generation's business;

- the risks associated with governmental regulation of internet businesses;

- the risk of future legal claims made by or against the Corporation.

- the risk of managing the current revenue growth rate;

- the dependence of the business on the continuing operation of its computer systems; and

- the dependence on key personnel.

Given these risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Contact Information

  • Media Contact:
    ZoomerMedia Limited
    Leanne Wright, VP Communications
    (416) 367-5353 X 200 or (416) 886-6873