ZUM Zoomermedia Limited

ZoomerMedia Limited (TSX VENTURE:ZUM) is providing an update to its press
release dated January 19, 2011 on its private placement (the "Offering").


The Offering is scheduled to close on or about March 31, 2011 and is subject to
certain conditions including, but not limited to, the receipt of all necessary
approvals including the approval of the TSX Venture Exchange and the securities
regulatory authorities.


Any securities to be issued will be subject to a hold period of four months from
the closing date in accordance with the rules and policies of the TSX Venture
Exchange and applicable Canadian securities laws and such other further
restrictions as may apply under foreign securities laws.


About ZoomerMedia Limited

ZoomerMedia is a multimedia company that serves the 45plus "Zoomer" demographic
through television, radio, magazine, internet and trade shows. ZoomerMedia's
television properties include; VisionTV, Canada's only multi-faith specialty
television service; ONE: the Body, Mind & Spirit Channel, offering programs on
exercise, meditation, yoga, natural health and living a planet-friendly
lifestyle; Joytv 10 in Vancouver and Joytv 11 in Winnipeg, two conventional
television stations, available over the air and on cable in their respective
markets. ZoomerMedia's radio properties include CFMZ-FM Toronto - The New
Classical 96.3FM, CFMX-FM Cobourg - The New Classical 103.1FM, Canada's only
commercial classical music radio stations serving the Greater Toronto Area (GTA)
and eastern Ontario, and CFZM-AM 740 Toronto - The New AM740 Zoomer Radio, the
last music service left on the AM dial in the GTA. ZoomerMedia also publishes
Zoomer Magazine, the largest paid circulation magazine in Canada for the 45plus
market. ZoomerMedia is Canada's leading provider of online content targeting the
45plus age group through several properties, the key one being www.50plus.com.
ZoomerMedia also has a trade show division that conducts annual consumer shows
directed to the 45plus age group and owns ideaCity, an annual Canadian
conference also known as 'Canada's Premiere Meeting of the Minds'.


Cautionary note on forward looking statements

Statements in this release that are forward-looking are subject to various risks
and uncertainties concerning the specific factors identified above and in the
Company's periodic filings with the Ontario Securities Commission. Specifically,
completion of the private placement is subject to a number of conditions,
including but not limited to TSX Venture Exchange acceptance. There can be no
assurance that the private placement will be completed as proposed or at all.
Such information contained herein represents management's best judgment as of
the date hereof based on information currently available. The Company does not
intend to update this information and disclaims any legal liability to the
contrary.


This news release does not constitute an offer to sell or a solicitation of an
offer to sell any securities in the United States. The securities referred to
herein have not been and will not be registered under the United States
Securities Act of 1933, as amended, or 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.

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