ISIS Lab Corporation
TSX VENTURE : LAB

November 15, 2013 15:43 ET

ISIS Lab Retains Kin Communications for Investor Relations

TORONTO, ONTARIO--(Marketwired - Nov. 15, 2013) - ISIS Lab Corporation (TSX VENTURE:LAB) (the "Company" or "ISIS"), which recently completed its acquisition of ISIS Lab Inc. and financing for an aggregate of $6.9 million (such amount includes the exercise of the agent's over allotment option of $900,000), is pleased to announce that it has retained Kin Communications Inc. ("Kin"), an arm's length party to the Company, to provide the Company with investor relations services, effective today, subject to approval of the TSX Venture Exchange.

In consideration for the provision of the services, Kin will be paid $7,500 per month, or an annual fee of $90,000, for the initial term of 12 months; such fee payable upon execution of the agreement. In addition, Kin shall be eligible to receive an aggregate of 300,000 stock options (the "Options"). The Options will have the following exercise prices: (i) 100,000 being exercisable at $0.40 per share; (ii) 100,000 being exercisable at $0.75 per share; and (iii) 100,000 being exercisable at $1.25. The Options, which will vest at a rate of 25% per quarter from the issuance date, will each entitle Kin to acquire one (1) common share in the capital of the Company at any time, at the various exercise prices, until November 15, 2015. The granting of the Options to Kin is subject to approval of the TSX Venture Exchange.

Kin and its principals collectively own 390,000 shares and 195,000 warrants of ISIS.

About Kin Communications Inc.

Kin is one of Canada's leading full-service investor relations firms specialized in the resource and special situations markets. Kin has a proven track record of generating interest in their clients, building an active shareholder base, and solidifying communications that differentiates clients from their peers.

About Isis Lab Corporation

ISIS Lab Corporation recently completed its acquisition of all of the issued and outstanding securities in the capital of ISIS Lab Inc. ("ISIS Lab") as well as the maximum offering of units including the exercise of the agent's overallotment option for gross proceeds of $6.9 million (for further information pertaining to the acquisition of ISIS Lab and the financing, please refer to the Company's press release dated November 12, 2013. Through its wholly owned subsidiary, ISIS Lab, the Company is the developer and provider of an award winning social gaming software platform. The ISIS platform was developed for both social gaming and monetized gaming for clients operating within regulated markets. For ISIS clients operating within fully regulated markets the Company offers a turnkey solution including a full commerce application and back office suite.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Caution Regarding Forward-Looking Information:

Certain statements in this press release may constitute ''forward looking'' statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. When used in this press release, such statements may use such words as ''may'', ''will'', ''expect'', ''believe'', ''plan'' and other similar terminology. These statements reflect management's current expectations regarding future events and operating performance and speak only as of the date of this press release. Forward looking information in this press release includes management's expectation on the regulatory approval of the appointment of Kin and granting of the Options to Kin as well as anticipated terms of the Options. These forward looking statements involve a number of risks and uncertainties. These risks and uncertainties include, but are not limited to, the Company's stages of development, long term capital requirements and future ability to fund operations, regulatory requirements, general economic, market or business conditions and future developments in the sectors of the economy in which the business of ISIS operates. The foregoing list of factors is not exhaustive. Please see the Company's prospectus dated October 23, 2013, available on www.sedar.com, for a more detailed description of the risk factors. The Company undertakes no obligation to update publicly or revise any forward looking information, whether a result of new information, future results or otherwise, except as required by law.

Contact Information