N@N

CALGARY, ALBERTA and BARCELONA, SPAIN--(Marketwire - Feb. 15, 2011) - Poynt Corporation ("Poynt Corp." or the "Company") (TSX VENTURE:PYN), a leading provider of mobile local search services, today announced the newest feature - Events is now available for the Poynt app ("Poynt" or the "App") on BlackBerry® smartphones and Android devices in the United Kingdom.

Poynt is a convenient, time-saving, GPS enabled application that harnesses the power of multiple applications in one intuitive package. Users can search for businesses and retailers, gas stations, people, local weather, find movies and buy tickets, find restaurants and reserve a table, and now stay connected with local events. Poynt allows users to go one step further--mapping locations, adding results to their calendar or emailing results to friends without exiting the application.

The addition of the Events feature to Poynt allows users to search for events nearby, event times and dates, type of event such as a festival, concert or sporting event, and by detailed information such as performer or sports team. Users can view details such as maps, photos, browse websites and view seating charts. As well, users can add events to their device calendar or send details to friends.

With this update, Poynt users on BlackBerry smartphones and Android devices have the added benefit of quick and accessible local event listings simply by selecting the Events icon displayed on the App's home screen. Poynt provides users with up to the minute event listings and details through its content partner Eventful, the leading digital media company connecting 20 million consumers to local events.

"Poynt gives consumers the ability to move beyond discovery of their local area," said Andrew Osis, CEO, Poynt Corp. "The Events feature allows users to connect with the heart and soul of a community, and we are excited that this enhancement continues to build on our vision of delivering a true all-in-one local search experience."

"We are pleased that Poynt has chosen to utilize Eventful's data to power their new Events feature in the UK," said Jordan Glazier, CEO of Eventful. "The continued integration of local event content into the mobile experience allows consumers to access the information they need in new and exciting ways."

The new version of Poynt is immediately available for download for BlackBerry® smartphones and Android devices via Over the Air download at m.poynt.com or from their respective app stores.

Poynt is a free application and is now available to BlackBerry smartphone, Android, iPhone, and Windows Phone 7 users in the United Kingdom, France, Germany, Spain, Italy, the United States, Canada and Australia.

Poynt will be at Mobile World Congress February 14-17, 2011. Come and visit us at the RIM Stand in Hall 7, 7B42.

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.

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.