Digital Shelf Space Corp. (TSX VENTURE:DSS) (the "Company" or "DSS") announces
estimated revenues from product sales for the three months ended March 31, 2011
of approximately $550,000 as compared to revenues of $41,363 for the three
months ended December 31, 2010. The estimated first quarter revenue increase
represents a significant increase over the same period last year, and a 12-fold
increase over revenues of $47,213 for the eleven-month period ended December 31,
2010. These announced revenue amounts are a preliminary unaudited management
assessment from product sales for the periods and is subject to adjustment and
verification upon auditor review and completion of the annual audit. The
significant increase was largely due to the launch of the Company's
groundbreaking GSP RUSHFIT product in mid December 2010. GSP RUSHFIT
(www.gsprushfit.com) is DSS' ultimate home workout DVD series starring the
Montreal based Mixed Martial Arts ("MMA"), World Welterweight Champion Georges
St-Pierre ("GSP").


Mr. Jeffrey Sharpe, CEO and President of DSS stated, "Having only recently
closed our Qualifying Transaction and launched our new GSP RUSHFIT product just
over 90 days ago, we are extremely excited at the rate of growth that we are
experiencing both through our direct sales channels and now through our global
retail channels with our partner Northern Response (International) Ltd." Until
signing the distribution agreement with Northern Response (International) Ltd.
in mid March, GSP RUSHFIT had only been sold directly to consumers online
through DSS' www.gsprushfit.com.


The Company will release its full Q1 financial results in May 2011.

About Digital Shelf Space Corp.

Digital Shelf Space is an independent producer of home entertainment content and
online delivery technology provider to digital retailers, content owners and
aggregators. Digital Shelf Space's proprietary technology platform has been
custom built to deliver home entertainment content directly to consumers. The
platform blends e-commerce functionality and paid DVD, digital download and
streaming video delivery.


For more information please visit www.digitalshelfspace.com and to view our
recently launched project with Georges St-Pierre, please visit
www.gsprushfit.com.


ON BEHALF OF THE BOARD

Jeffrey Sharpe, President & CEO

Forward Looking Statements

This news release contains "forward-looking information" within the meaning of
the Canadian securities laws. Forward-looking information is generally
identifiable by use of the words "believes," "may," "plans," "will,"
"anticipates," "intends," "budgets", "could", "estimates", "expects",
"forecasts", "projects" and similar expressions, and the negative of such
expressions. Forward-looking information in this news release include statements
about our expected revenues from product sales for the three months ended March
31, 2011 and expected reporting of our financial results for the three months
ended March 31, 2011.


In connection with the forward-looking information contained in this news
release, Digital Shelf Space has made numerous assumptions, regarding, among
other things, revenues generated from the sale of GSP RUSHFIT product. While
Digital Shelf Space considers these assumptions to be reasonable, these
assumptions are inherently subject to significant uncertainties and
contingencies.


Additionally, there are known and unknown risk factors which could cause Digital
Shelf Space's actual results, performance or achievements to be materially
different from any future results, performance or achievements expressed or
implied by the forward-looking information contained herein. Known risk factors
include, among others: anticipated revenue from product sales are unaudited and
are subject to adjustment and verification upon auditor review; our revenue may
be decreased below anticipated and reported amounts following auditor review of
reported amounts; retail distribution of GSP RUSHFIT may not commence in
accordance with anticipated timing; there may be no further retail distributors
for the GSP RUSHFIT series; the Northern Response partnership may not grow
Digital Shelf Space's retail presence as anticipated; the substantial investment
of capital required to produce and market video and entertainment productions,
the need to obtain additional financing and uncertainty as to the availability
and terms of future financing, unpredictability of the commercial success of our
programming, difficulties in integrating technological changes and other trends
affecting the entertainment industry, significant competition in the global
economic market, the possibility the rate of growth of the market for fitness
media will slow, reliance on the health and marketability of celebrity fitness
talent in productions owned by Digital Shelf Space, the possibility of
competition from other ecommerce and online marketing vendors, the continued
strong growth in adoption of digital media, the possibility of new fitness
titles from traditional large studios that target the male demographic, large
media production companies may move ecommerce operations in-house rather than
outsourcing, reliance on production studios continuing to outsource ecommerce
operations, reliance on a number of key employees, limited operating history,
the possibility of claims against the intellectual property rights of Digital
Shelf Space, the possibility of infringements upon the intellectual property
rights of Digital Shelf Space, and volatility of the market price of Digital
Shelf Space shares.


A more complete discussion of the risks and uncertainties facing Digital Shelf
Space is disclosed in Digital Shelf Space's Filing Statement dated November 16,
2010 and continuous disclosure filings with Canadian securities regulatory
authorities at www.sedar.com. All forward-looking information herein is
qualified in its entirety by this cautionary statement, and Digital Shelf Space
disclaims any obligation to revise or update any such forward-looking
information or to publicly announce the result of any revisions to any of the
forward-looking information contained herein to reflect future results, events
or developments, except as required by law.


Movit Media Corp (TSXV:DSS)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Movit Media Corp Charts.
Movit Media Corp (TSXV:DSS)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Movit Media Corp Charts.