Iplayco Announces $2.6 Million in New Sales Agreements



Iplayco Corporation Ltd.
 

Langley, BC / TheNewswire / March 20, 2017/ Iplayco Corporation Limited (TSX VENTURE: IPC) (“Iplayco”, the “Corporation”, “We”, or “Us”) is pleased to announce that it has entered into four new sales agreements totaling $2,586,994 in Canadian dollars to supply large indoor playgrounds to customers in the United States, the Philippines, the Middle East, and the United Kingdom, including one sale agreement with Iplayco’s largest customer, Billy Beez family entertainment centres, for a new location in England.  

 

“We are very pleased to announce these new larger sales agreements, which are expected to be substantially realized in our operating results over the next four to six months. Our largest customer, Billy Beez, which operates over two dozen locations throughout the Middle East and the United States, is continuing to expand internationally, with its first new location in the United Kingdom” said Scott Forbes, President and Chief Executive Officer of Iplayco.

About Iplayco Corporation Limited

Iplayco is a global leader in the design and supply of premium-quality, fun, safe and durable indoor playgrounds for children. In its 17-year history, Iplayco has sold over 3,000 playgrounds to over 60 countries worldwide. For more information, please visit www.iplaycoltd.com.

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Cautionary Note Regarding 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 Corporation’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 Corporation’s expectations are disclosed elsewhere in documents that are available to the public.

For more information, please contact:

Iplayco Corporation Limited

Max Liszkowski

Chief Financial Officer and Corporate Secretary

(604) 607-1111

ir@iplayco.com               

 

This announcement is for informational purposes only and does not constitute an offer to purchase, a solicitation of an offer to sell the shares or a solicitation of a proxy.

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.