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CALGARY, ALBERTA and BARCELONA, SPAIN--(Marketwire - Feb. 14, 2011) - Poynt Corporation ("Poynt Corp." or the "Company") (TSX VENTURE:PYN), a leading provider of mobile local search services, today announced the availability and localization of its award-winning Poynt local search application for iPhone and iPod Touch devices in Germany.

Poynt, a free application available at the iTunes App Store, connects iPhone and iPod Touch users to businesses, movies, retailers, restaurants and local weather information. Poynt for iPhone features Poynt 360, a unique augmented reality feature that utilizes the iPhone's GPS, compass and camera to display search results as clickable tags over a live view of the surrounding environment.

Poynt now gives iPhone users in Germany the power of multiple applications in one intuitive package. Users can view search results on an interactive map and get driving directions, as well as view restaurant listings. Users can also check local weather conditions, save their favorite business and theatre searches, see movie showtimes or watch movie trailers.

"Expanding Poynt's iPhone availability to Germany provides local residents and visitors alike with an easy-to-use way to learn about and enjoy the area around them," said Andrew Osis, CEO, Poynt Corp. "Whether you are looking for directions to local businesses, landmarks or points of interest or information and directions to nearby places to eat, Poynt for iPhone provides an easy way to explore and enjoy the area around you."

[ suchen.de ], one of Germany's leading local search engines for businesses including restaurants, retailers, hotels, museums and public institutions, launched on Poynt in May 2009. Poynt users in Germany can now access relevant, localized content on their iPhone, iPod Touch, Android and BlackBerry smartphones. SEARCHTEQ GmbH (formerly t-info), a joint venture between Deutsche Telekom Medien GmbH (DeTeMedien) and directory publishers in Germany, provides high quality search results with suchen.de.

Andreas Arndt, Managing Director of SEARCHTEQ GmbH, stated "For us, the iPhone app is a wonderful continuation of our partnership with Poynt Corporation. We are thrilled that users in Germany will have access to our quality, reliable, search results directly through the Poynt App."

The new version of Poynt for iPhone and iPod Touch is immediately available for download from the iTunes App Store: [ http://itunes.apple.com/us/app/poynt/id348780264?mt=8 ]

Poynt is a free application available to iPhone, Android, BlackBerry smartphone and Windows Phone 7 users. Poynt is available to users in the United Kingdom, France, Spain, Germany, Italy, Australia, Canada and the United States and can be downloaded directly from m.poynt.com or from the respective app stores.

Poynt will be at Mobile World Congress February 14-17, 2011. Come and visit us at the Google/Android Stand in Hall 8, 8C25.

About Poynt Corporation

Poynt Corp. ([ about.poynt.com ]) is a global leader in the mobile local advertising space. Their Location Based Search application, Poynt ([ www.poynt.com ]), enhances the consumers' ability to connect with the people, businesses and events most important to them. Poynt is available on BlackBerry smartphones, iPhone and iPod Touch, Android devices and Windows Phone 7 in Canada, the United States, Europe and Australia. Poynt Corp entered the mobile publishing space with the recent acquisition of an advertising publishing platform. Key contracts on both the supply and demand sides are in place to provide inventory into the platform and publishers to display the inventory. Whether through the Poynt Local Search app or the Ad Publishing Platform, Poynt Corp. simplifies connecting consumers with businesses, retailers and events. Headquartered in Calgary, AB, Canada, Poynt Corp. trades on the TSX Venture Exchange under the symbol PYN.

Apple, iPhone and iPod Touch are trademarks of Apple Inc., registered in the U.S. and other countries.

Neither the 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.