ZoomerMedia Limited (Formerly Fifty-Plus.Net International Inc.) Announces Fourth Quarter and 2009 Year-End Results

ZoomerMedia Limited (formerly Fifty-Plus.Net International Inc.) (TSX
VENTURE:ZUM) today announced financial results for the year ended June 30, 2009.



On December 28, 2007, Olympus Management Limited ("OML"), a private Ontario
corporation, acquired control of Fifty-Plus.Net International Inc. ("FPN")
through a reverse take-over ("RTO"). 


As a result of the RTO, the former controlling shareholder of Kemur (i.e. OML)
acquired control of FPN. Under the purchase method of accounting Kemur has been
identified as the acquirer, and, accordingly, the entity is considered to be a
continuation of Kemur with the net assets of FPN at the date of the RTO deemed
to have been acquired by Kemur. Since the RTO is accounted for as a reverse
take-over, the comparative figures are those of Kemur. The earnings of
Fifty-Plus.Net International Inc. and its wholly owned subsidiary,
Fifty-Plus.Net Inc. have been included in the statements of loss and
comprehensive loss from the date of acquisition, December 28, 2007. On June 10,
2008, Kemur was continued as a Federal corporation and changed its name to
ZoomerMedia Limited ("ZoomerMedia"). On July 1, 2008, Fifty-Plus.Net
International Inc. and its wholly-owned subsidiaries Fifty-Plus.Net Inc. and
ZoomerMedia Limited amalgamated and now carry on business under the name
ZoomerMedia Limited. 


Fourth Quarter Results 

For the quarter ended June 30, 2009, the Company had revenue of $2.8 million and
expenses of $4.4 million with a net loss after tax of $1.2 million after
reflecting a recovery of future income taxes in the amount of $370,456. These
results are in line with the Company's business plan for 2009 as it invests in
the development of ZOOMER magazine and accompanying Zoomer-branded websites, to
ensure that the Company maximizes its share of the growing media expenditures
anticipated in 2009 and beyond aimed at the aging baby boomer cohort. For the
comparable quarter ended June 30, 2008, the Company had revenue of $2.2 million
and expenses of $3.0 million with a net loss after tax of $838,217 after
reflecting a net recovery of current and future income taxes of $205,962. 


Year End Results 

For the year ended June 30, 2009, the Company had revenue of $10.4 million and
expenses of $15.6 million with a net loss of $3.8 million after reflecting a
recovery of future income taxes in the amount of $1.4 million. For the
comparable year ended March 31, 2008, The Company had revenue of $6.7 million
and expenses of $8.1 million with a net loss after tax of $1.2 million after
reflecting a recovery of current and future income taxes of $198,070. 


Additional Information 

Detailed financial information and Management's Discussion and Analysis of
Results and Financial Condition for the year ended June 30, 2009 can be found on
SEDAR's website at www.sedar.com. The financial information included in this
release is qualified in its entirety and should be read together with the
audited financials statements for the year ended June 30, 2009, including the
notes thereto. 


About ZoomerMedia Limited 

ZoomerMedia Limited (ZUM) publishes ZOOMER magazine, the largest paid
circulation magazine in Canada for the mature market. Published nine times a
year, ZOOMER magazine has a paid circulation of approximately 180,000 and places
a further 50,000 copies on newsstands. 


ZUM also derives royalty revenue through the provision of exclusive marketing
and membership services to CARP, A New Vision of Aging for Canada. 


ZUM is also Canada's leading provider of online content targeting the 45+ age
group. The portfolio of web sites and electronic newsletters delivers over 2
million page per views per month. The key property is www.50plus.com, delivering
a wide range of information, entertainment, community (forums, dating, blogs)
and commerce together with four electronic newsletters (health, money, travel,
lifestyle), each of which has over 120,000 opt-in subscribers. 


ZUM also produces and manages www.carp.ca, the online home of CARP. With 350,000
members, CARP is Canada's largest association for the 45+. ZUM also produces
CARP Action Online, an electronic newsletter for CARP members. 


Cautionary note on forward looking statements 

Certain statements made in this report are 'forward-looking statements' which
may include, without limitation, any statement that may predict, forecast,
indicate or imply future results, performance or achievements, and may contain
the words 'believe', 'anticipate', 'expect', 'estimate', 'project', 'will be',
'will continue', 'will likely result' or similar words or phrases.
Forward-looking statements involve risks and uncertainties, which may cause
actual results to differ materially from the forward-looking statements. The
risks and uncertainties are detailed from time to time in filings by ZoomerMedia
Limited with provincial securities commissions. New risk factors emerge from
time to time and it is not possible for management to predict all such risk
factors, nor can it assess the impact of all such risk factors on the Company's
business or the extent to which any factor, or combination of factors, may cause
actual results to differ materially from those contained in any forward-looking
statements. Such risks, uncertainties and other factors include, but are not
limited to, the following: 


- the risks inherent in magazine publishing generally; 

- the risks inherent in the operation of Internet media properties generally; 

- the Company's dependency on a few large customers; 

- the competition within the media industry for the baby boom generation's
business; 


- the risks associated with governmental regulation of the publishing and
internet businesses; 


- the results of legal claims made by or against the Company; 

- the risk of managing the current revenue growth rate; 

- the dependence of the business on the continuing operation of its computer
systems; and 


- the dependence on key personnel. 

Given these risks, and uncertainties, investors should not place undue reliance
on forward-looking statements as a prediction of actual results. ZoomerMedia
Limited does not intend and does not assume any obligation to update these
forward-looking statements.
Fifty-Plus.Net International Com Npv (TSXV:FPN)
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