Digital Shelf Space Corp. (the "Company" or "DSS") (TSX VENTURE:DSS) is pleased
to announce that subject to approval of the TSX Venture Exchange, the Company
intends to complete a non-brokered private placement to raise up to $2,500,000
in funds (the "Offering"). The Offering will consist of 11,363,636 units at a
price of $0.22. Each unit will consist of one common share and one half common
share purchase warrant. Each whole purchase warrant entitles the holder to
purchase one common share of the Company at the price of $0.30 per common share
on or before the date occurring 18 months following the closing of the Offering
(the "Offering Warrants"). In the event the Company's common shares trade above
$0.45 for ten (10) consecutive days, the Offering Warrants, if unexercised, will
expire 30 days thereafter. The Offering will have a minimum subscription of
45,455 units ($10,000).


The Company has agreed to pay a finder's fee to CB Capital Partners Inc. equal
to 7% of the gross proceeds received by the Company from purchasers of units
sold in the Offering introduced by or through CB Capital Partners Inc.
Additionally, the Company has agreed to issue CB Capital Partners Inc. an option
to purchase such number of common shares of the Company having a value equal to
7% of the amount purchased in the Offering, excluding amounts purchased by
insiders, or their affiliated entities, or existing shareholders of the Company
(the "CB Capital Warrants"). The CB Capital Warrants have the same exercise
price, term and acceleration provisions as the Offering Warrants.


The Company may also pay a cash finder's fee to other entities ("Finders") equal
to 7% of the gross proceeds received by the Company from purchasers of units
sold in the Offering introduced by or through such Finders, and/or an option to
purchase such number of common shares of the Company having a value equal to 7%
of the amount purchased by purchasers of units sold in the Offering introduced
by or through such Finders (the "Finders Warrants"). The Finders Warrants have
the same exercise price, term and acceleration provisions as the Offering
Warrants.


Monies raised from this financing will be used toward marketing and advertising,
content development and new projects, software and IT development, transaction
and related expenses, and working capital and general corporate purposes.


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 the intention to complete and the details concerning a private placement
offering.


In connection with the forward-looking information contained in this news
release, Digital Shelf Space has made numerous assumptions, regarding, among
other things, expected investor interest and pricing of the proposed private
placement offering. 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: the private placement offering may not close or close on
the terms currently contemplated by Digital Shelf Space; reliance on the health
and marketability of celebrity fitness talent in productions owned by Digital
Shelf Space; actual results from the use of celebrity fitness products may
differ substantially from anticipated results; the substantial investment of
capital required to produce and market video and entertainment productions,
limitations imposed by our financing abilities, unpredictability of the
commercial success of our programming, difficulties in integrating technological
changes and other trends affecting the entertainment industry.


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.


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