/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE
TORONTO, July 14 /CNW/ - ZipLocal Inc. ("ZipLocal") would like to correct
information contained in the news release issued on July 11, 2008 in
connection with the extension of the secured loan arrangements with members of
the J.L. Albright Ventures group of funds.
The J.L. Albright Ventures group of funds holds approximately
21.1 million common shares of Ziplocal (representing approximately 26.5% of
the outstanding shares of ZipLocal). ZipLocal currently has 79,757,515 common
shares issued and outstanding.
About ZipLocal Inc.
ZipLocal Inc. (www.ziplocal.com; TSX Venture: ZIP) is Canada's online
directory, providing a rich, user-defined local search experience. Ziplocal
provides relevant search results from over 1.3 million businesses with maps
and capability for user-generated content. Ziplocal is focused on creating the
most comprehensive and engaging search experience at the neighbourhood and
The TSX Venture Exchange has neither approved nor disapproved the
contents of this press release.
For further information:
For further information: Cherie Cohen, ZipLocal Inc., Email:
email@example.com, Phone: (416) 987-2152