Savers Plus International Inc.
TSX VENTURE : SAV

Savers Plus International Inc.

March 14, 2007 12:03 ET

Savers Plus International Inc. Closes $677,000 of Equity Offering

TORONTO, ONTARIO--(CCNMatthews - March 14, 2007) - Savers Plus International Inc. ("Savers" or the "Company")(TSX VENTURE:SAV) is pleased to announce that it has closed $677,000 of its previously announced non-brokered unit offering, for maximum proceeds of $1 million CDN.

As announced on February 23, 2007, each unit is priced at $0.25 CDN and consists of one common share and one half of one common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share of the Corporation at a price of $0.35 CDN for up to 18 months from the closing date.

The Company intends to close the remainder of this offering before March 16, 2007.

The capital raised will be used for strategic growth opportunities, and for general corporate purposes.

The Company will pay a cash commission of 7% to eligible parties.

About Eye Rock Digital

The Company's wholly owned US subsidiary Eye Rock Digital Inc. (www.eyerockdigital.com) is a leading edge provider of video on demand, digital content, distribution, advertising and production. Eye Rock Digital aggregates and creates digital content aimed at the young, hip and technologically savvy young adult market. Eye Rock Digital develops programming for simultaneous delivery over broadband and wireless platforms.

About Savers Plus International Inc. / Intertainment Media Inc. (proposed)

The Company and its divisions, provide proprietary programs for clients to build Brand, Loyalty and Revenues.

Working with industry leading firms in the financial sector, real estate, insurance, media, telecommunications, entertainment, electronic gaming, travel, automotive and services sectors, the Company initiates proprietary business building solutions that increase customer activity and strengthen customer-vendor relationships.

The Company maintains a fully integrated creative, web, technology and graphics production facility to service its growing client base, and works with company owned and managed systems with vendors throughout North America and Europe. The Company developed proprietary technologies for managing these programs and manufacturing its offerings.

Savers Plus International Inc. is headquartered in Richmond Hill, Ontario, Canada. Its shares trade on the TSXV (symbol: SAV).

This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statements or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not undertake any duty to update any forward-looking statements.

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

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