Toronto, Ontario – October 16, 2013 – iMarketing Solutions Group Inc. (CNSX: IMR) (the“Company”),

is pleased to announce that it has entered into a transaction with a third party for

the purpose of acquiring the majority of the Company’s assets. The transaction is intended to

see the business and operations of the Company continue. The Company intends to seek

approval of the transaction from the Ontario Superior Court of Justice (Commercial List)

(“Ontario Court”) by late October 2013 and the United States Bankruptcy Court for the District

of Delaware (the “US Court”) shortly thereafter. The agreement is a result of the Company

carrying out its sale and investment process approved by the Ontario Court on May 7, 2013.

About IMSG

The Company is a North American integrated marketing services provider of direct marketing

solutions for not-for-profit organizations, political organizations and professional associations.

On April 12, 2013, the Company was granted protection by the Ontario Court under the

Companies’ Creditors Arrangement Act (Canada) and Duff & Phelps Canada Restructuring Inc.

was appointed monitor (the “Monitor”). On the same day, the US Court made an interim Order

recognizing the CCAA proceedings in the United States and granting the Company certain

protections as contemplated by chapter 15 of title 11 of the United States Code.

The principal purpose of the restructuring proceedings was to create a stabilized environment

in order to carry out a process to solicit investors, strategic partners, plan sponsors or

purchasers for the Company’s business and assets to preserve its going-concern value and to

execute a restructuring plan that was in the best interests of its customers, creditors, employees

and other stakeholders.

On May 7, 2013, the Court made an Order extending the stay of proceedings to August 2, 2013

and approving a sale and investment process to be carried out by Illumina Partners Inc., as the

Company’s Chief Restructuring Officer, under the supervision of, and with the assistance of, the Monitor.

On May 13, 2013, the Ontario Securities Commission, iMSG’s principal securities regulator,

issued a general cease trade order due to the Company’s failure to file its audited annual

financial statements and related management discussion and analysis, as well as related

certifications by the Chief Executive Officer and the Chief Financial Officer with respect to the

Reporting Issuer’s annual filings required by National Instrument 52-109 Certification of

Disclosure in Issuers’ Annual and Interim Filings for the period ended December 31, 2012 due

April 30, 2013. This general cease trade order remains in effect.

The stay in the CCAA proceedings presently expires on October 25, 2013. The Company

intends to seek a further extension of the stay of proceedings.

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