TSXV: PAD MONTREAL and PARIS, Feb. 27, 2012 /CNW Telbec/ - PARTA Dialogue Inc. ("PARTA" or the "Company"), experts in Social Media and Social Learning for businesses, is pleased to announce it has entered into an agreement with Byron Capital Markets Ltd. and Industrial Alliance Securities Inc. (together, the "Agents") to sell up to 10,000,000 common shares at a price of $0.25 per common share on a commercially reasonable efforts private placement basis for gross proceeds of up to $2,500,000 (the "Base Offering"). In addition, the Company has granted the Agents an overallotment option to sell up to an additional 2,000,000 common shares (the "Over-Allotment Option" and together with the Base Offering, the "Offering"). Proceeds from the Offering will be used to accelerate the commercialization of its e-Value™ application, fund potential acquisitions and for general working capital purposes. The common shares of the Company being issued pursuant to the Offering will be issued in reliance upon exemptions from the prospectus and registration requirements of applicable Canadian securities legislation and will be subject to a four-month plus a day hold period from the date of issuance. Completion of the contemplated Offering is subject to regulatory approval including that of the TSX Venture Exchange. Closing of the Offering is anticipated the week of March 5, 2012 and is subject to receipt of regulatory approvals, including approval of the TSX Venture Exchange. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. About PARTA PARTA offers Social Media and Social Learning solutions to its clients from offices in Montreal, Paris and Mexico. Many visionary businesses already employ PARTA's solutions for internal and external online engagement. Among these are Renault, Orange, Michelin, Hydro-Québec, Iusacell (Mexico), the Canadian Association of Petroleum Producers, Nestlé Waters, Crédit Agricole, and Fondaction. PARTA is listed on the TSX Venture Exchange under the symbol PAD. PARTA has a subsidiary that specializes in Social E-Learning, Edu-Performance Canada Inc (www.eduperformance.com). For more information, please visit www.partadialogue.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." PARTA DIALOGUE INC. CONTACT: Tom Liacas, VP Social MediaParta Dialogue Inc.+1 (514) 771-5120tom.liacas@partadialogue.com Paul Allard, President & CEOParta Dialogue Inc.+1 (514) 831-4245paul.allard@partadialogue.com

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