Savers Plus International Inc.
TSX VENTURE : SAV

Savers Plus International Inc.

February 28, 2007 09:33 ET

Savers Plus International Inc. Increases Equity Offer

TORONTO, ONTARIO--(CCNMatthews - Feb. 28, 2007) - Savers Plus International Inc. ("Savers" or the "Company") (TSX VENTURE:SAV) is pleased to announce that it will be increasing its non-brokered unit offering previously announced on February 23, 2007, to a maximum $1 million CDN in response to the interest shown to date by potential investors.

As announced on February 23, 2007, subject to approval by the TSX Venture Exchange, the Company is making available, to accredited investors, a non-brokered private placement of units. Each unit will be priced at $0.25 CDN and shall consist 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 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.

On February 12, it was announced, that subject to shareholder approval, the Company will be changing its name to Intertainment Media Inc. The special shareholders meeting is scheduled for April 10, 2007.

The Company is also announcing the resignation of Mr. Jonathan Carroll as a member of the Board of Directors. Upon further review of his schedule, Mr. Carroll has decided that the timing is not ideal for him to allow him to dedicate the necessary resources and remain as member of the Board of Directors. The Company thanks Mr. Carroll for his participation, and wishes him well in his future endeavours.

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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