An anonymous director reports

UPSNAP ANNOUNCES RESIGNATIONS OF DIRECTORS AND MANAGEMENT

Following UpSnap Inc.'s previously announced filing of an assignment in bankruptcy under the Bankruptcy and Insolvency Act (Canada), Bruce Howard, Heather Burrer and Tom Ross, the directors of the company, and Kyle Appleby, the chief financial officer of the company, have resigned effective as of the date hereof.

About UpSnap Inc.

UpSnap provides highly targeted, data-driven mobile advertising to attract the ideal audience for brands big and small. Utilizing real-time analytics, UpSnap goes beyond location to deliver app-agnostic and results-driven campaigns that produce qualified, engaged customers. UpSnap tailors each campaign to align with unique business goals, delivering the right customers for more meaningful exposure and better business results.