IPC Iplayco Corporation Ltd

IPlayco Corporation Ltd. (TSX VENTURE:IPC) announces the release of its
consolidated financial statements for the quarterly period ending March 31,
2008.


The Company earned a profit of $255,231 or $.03 per share on operations before
taxes for the three months ended March 31, 2008 as compared to a profit of
$324,025 before taxes for the comparable period in 2007; the $68,794 decrease
was due to lower sales in the Middle East.


The increase in profit realized in the second quarter primarily recovered loses
experienced in the first quarter ended December 31, 2007. Iplayco has been able
to offset the decrease in gross profit in 2008 largely by lower operating
expenses.


The fiscal year end for Iplayco Corporation (IPC) is September 30; for full
details please see the most recent annual and interim statements which can be
accessed at the Sedar website.


ON BEHALF OF THE BOARD OF DIRECTORS

Scott Forbes, President and Director

FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking
statements. All statements, other than statements of historical fact, included
herein, including without limitation statements regarding the Company's
business, results or future plans, are forward looking statements that involve
various risks and uncertainties. There can be no assurance that such statements
will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. Important factors that
could cause actual results to differ materially from the Company's expectations
are disclosed elsewhere in documents that are available to the public.

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