Mr. Brendon Grunewald reports

MOOVLY ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Moovly Media Inc. has arranged a non-brokered private placement of units at a price of 10 cents per unit for aggregate gross proceeds of up to $1.5-million. Each unit will consist of one common share and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share at a price of 15 cents per share for a period of 24 months from the date of issuance.

The net proceeds from this offering are expected to be used to finance sales and marketing growth, enhance and reinforce engineering and development efforts, and for general corporate purposes. Finders' fees up to 7 per cent cash and 7 per cent finders' warrants may be issuable under the offering in accordance with securities regulations. Each finder's warrant will entitle the holder to purchase one common share at a price of 15 cents per share for a period of 12 months from the date of issuance.

All of the securities issued under the offering will be subject to a four-month resale restriction. The completion of the proposed offering remains subject to the approval of the TSX Venture Exchange and the satisfaction of other customary closing conditions.

About Moovly Media Inc.

Moovly is the leading provider of creative cloud-based tools to tell marketing, communications and training stories using videos and video presentations. Moovly's advanced Studio Editor with millions of assets seamlessly integrated (via partnerships with Getty Images and Storyblocks) is all you need to make engaging video content to promote, communicate or explain your product, service or message. Moovly's API (application programming interface) and automator technologies allow third parties to automate parts or all of the content creation process, including mass video customization, personalized videos (video version of mail merge), automatic content creation or updating by connecting data sources. With clients including users from over 300 of the Fortune 500, small businesses, freelancers and ivy league universities, Moovly is an intuitive, cost-effective choice for DIY (do-it-yourself) creation of engaging video-based content.

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