Iplayco Corporation Ltd.

Iplayco Corporation Ltd.

January 24, 2008 21:06 ET

IPlayco Reports Strong Earnings for 2007

LANGLEY, BRITISH COLUMBIA--(Marketwire - Jan. 24, 2008) - IPlayco Corporation Ltd. (TSX VENTURE:IPC) announces the release of its audited consolidated financial statements for the quarterly and annual period ended September 30, 2007.

Net income for the year was $593,064 ($0.06 earnings per share), as compared to $199,272 ($0.02 earnings per share) last year.

Sales for the year ended September 30, 2007 were $10,692,128, an increase of $291,582 or 3% over the prior year.

Operating costs for the year were (15%) higher than the prior year, due primarily to higher costs related to operations and marketing.

The fiscal year end for IPlayco Corporation (IPC) is September 30; for full details please see the most recent annual and interim statements which can be accessed at the Sedar website.


Scott Forbes, President and Director

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 Company'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 Company's expectations are disclosed elsewhere in documents that are available to the public.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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