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ePals Issues Q4 Conference Call Notice, Reports Option Grants

WASHINGTON, DC -- (Marketwired) -- 04/03/14 -- ePals Corporation (TSX VENTURE: SLN), an education media company and the world's leading Global Learning Network, issued notice today that it will release its 2013 fourth quarter financial results prior to the open of trading on Wednesday, April 16, 2014. A conference call to discuss the results will take place the same day at 10:00 am eastern time.

To participate in the call, please dial +1- 719-325-2144 or 1- 888-364-3109 approximately 10 minutes prior to the conference call, and enter passcode 5503886. A recording of the conference call will be available through April 30, 2014 by dialing +1-719-457-0820 or 1-888-203-1112 and entering the passcode 5503886.

Stock Option Grants

ePals has granted to certain officers stock options to acquire an aggregate of 450,000 restricted voting common shares of the Company. The stock options are subject to shareholder approval as well as annual approval by shareholders of the Company's incentive stock option plan at its next annual meeting of shareholders. All stock options are exercisable, once vested and approved by shareholders, at a price of C$0.05 per share for a period of 10 years from the date of grant. The common shares issuable upon exercise of the stock options will be subject to resale restrictions for a period of four months from the grant date.

About ePals Corporation

ePals Corporation (TSX VENTURE: SLN) is an education media company and Global Learning Network. Focused on the K-12 market, ePals offers school administrators, teachers, students and parents worldwide trusted content, interactive learning experiences, and a collaborative learning community. ePals' award-winning products include: popular children's educational publishing brands from toddlers to teens, including Cricket® and Cobblestone®; the ePals Global Community®; and In2Books®, a Common Core eMentoring program that builds reading, writing and critical thinking skills. ePals also offers a content-licensing, clearance and production service for education publishers. ePals serves approximately one million classrooms and reaches millions of teachers, students and parents in over 200 countries and territories. Product websites include: www.ePals.com; www.Cricketmag.com; and www.In2Books.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Aric Holsinger
Chief Financial Officer
ePals Corporation
Phone: (703) 885-3400

Cory Pala
Investor Relations
Phone: (416) 657-2400
[email protected]

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