The Futura Loyalty Group Inc.

The Futura Loyalty Group Inc.

September 10, 2008 13:00 ET

The Futura Loyalty Group Raises $520,000 Through Private Placement

TORONTO, ONTARIO--(Marketwire - Sept. 10, 2008) - The Futura Loyalty Group Inc. (TSX VENTURE:FUT) (the "Company") today announced that it has completed the closing of its previously announced private placement. The Company was successful in raising $520,000 by way of equity units ("Units").

Each Unit cost $0.05 and consists of one common share of the Company (a "Common Share") and one Common Share purchase warrant ("Common Share Warrant"). Each Common Share Warrant gives the holder the right to purchase one Common Share at a price of $0.10 for a period of 24 months from the closing date (the "Closing Date").

Belweather Capital Partners acted as agent to complete the financing and will be paid a cash commission of 5% of the gross proceeds of the financing.

All of the securities issued on the Closing Date are subject to restrictions on resale until January 11, 2009 as prescribed under applicable securities laws and the policies of the TSX Venture Exchange ("TSXV"). The private placement is subject to final approval by the TSXV. The Company currently has 101,846,554 common shares issued and outstanding.

The Company also announced that it is no longer working with the investor relations firm of Stone Communications Services Limited and the Company is currently assessing its investor relations requirements.

About The Futura Loyalty Group Inc.

Toronto based, The Futura Loyalty Group Inc. is an industry-leading provider of integrated or stand-alone loyalty solutions for Canadian businesses, associations and fund-raising groups of any size. The company offers a suite of loyalty products and services including access to three different coalition loyalty programs, Futura Rewards™, Aeroplan and StudentSaver, enabling companies to target consumers in various life stages and socio-economic groups. For more information, visit

™ Trademark of The Futura Loyalty Group Inc.

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

Contact Information