SeaMiles Announces Name Change

TORONTO, ONTARIO--(Marketwire - Feb. 16, 2012) - In an evolution and departure from its current cruise based loyalty programs, SeaMiles Limited (TSX VENTURE:SEE) has changed its name to Intellectual Capital Group Ltd. ("ICG" or the "Company") as this name better reflects the Company's current and future business opportunities.

ABOUT ICG

The evolution of Intellectual Capital Group (ICG) has led to a focus of its management expertise on the creation of partnerships and investment opportunities in best-of-breed entrepreneurial ventures in Sports, Entertainment, Loyalty and Communications. This includes personal management, event and content creation, digital applications, and branding and marketing consulting.

This press release contains "forward looking information" within the meaning of applicable Canadian securities legislation. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "creating partnerships and making investments", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive and regulatory risks. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.