ZipLocal Inc. Announces Cease Trade Order

TORONTO, ONTARIO--(Marketwired - Feb. 4, 2016) - A Cease Trade Order has been issued by the Ontario Securities Commission against ZipLocal Inc. (NEX:ZIP.H) ("ZipLocal") as a result of ZipLocal's failure to file its annual audited financial statements for the year ending September 30, 2015, management's discussion and analysis, and CEO and CFO certificates within the timeline prescribed by National Instrument 51-102 - Continuous Disclosure Obligations. ZipLocal is working to resolve the issue as quickly as possible.

About ZipLocal Inc.

ZipLocal Inc. is listed on the NEX Board of the TSX Venture Exchange.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.