IPC Iplayco Corporation Ltd

Iplayco Corporation Limited (TSX VENTURE: IPC) ("Iplayco" or the "Corporation") announces the results of its annual general meeting (the "Meeting") held on February 3, 2011. At the Meeting, the shareholders of the Corporation approved all resolutions placed before them by management, including the election of Franco Aquila, Scott C. Forbes, Terence E. Forbes, David L. Wood, Mark K. Neale, and David A. Perkins as directors of the Corporation, the re-appointment of the Deloitte & Touche LLP as the Corporation's auditors and the ratification of the Corporation's Stock Option Plan.

At the first meeting of the newly constituted Board of Directors held immediately after the Meeting, the following individuals were appointed or reappointed as officers of the Corporation:

Franco Aquila, Chief Executive Officer

Scott C. Forbes, President

Max Liszkowski, Chief Financial Officer and Corporate Secretary

Terence E. Forbes, Executive Vice President

Also, the Board of Directors elected David A. Perkins as Chairman of the Board and Chairman of the audit committee; David L. Wood, Mark K. Neale and Terence E. Forbes were also elected to the audit committee; Mark K. Neale (Chair), David A. Perkins, David L. Wood and Franco Aquila were elected as the compensation committee; David A. Perkins (Chair), Mark K. Neale, David L. Wood, and Scott C. Forbes were elected as the corporate governance committee. All three committees are comprised of a majority of independent directors.

ON BEHALF OF THE BOARD OF DIRECTORS

Franco Aquila, Chief Executive Officer and Director

About Iplayco Corporation Limited

Iplayco designs, manufactures and installs customized indoor and outdoor play structures for children. Iplayco also owns and operates a family entertainment centre ("The Great Escape") in Langley, British Columbia. For more information, visit www.iplaycoltd.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Iplayco Corporation Limited Max Liszkowski Chief Financial Officer and Corporate Secretary (604) 607-1111 (604) 607-1107 (FAX) ir@iplaycoltd.com www.iplaycoltd.com