Postmedia Network Inc. (“Postmedia”) today announced a strategic Marketing Collaboration Agreement (the “Agreement”) with Vancouver-based fintech company Agility Forex Ltd. (“AgilityForex”). Offering international payments and currency transfers to individuals and companies, AgilityForex removes the wide spreads, fees and commissions of the big banks while providing access to transfers 24 hours a day.

“By exploring innovative new revenue models with complementary companies we are creating powerful new business accelerators,” said Andrew Macleod, EVP and Chief Commercial Officer, Postmedia. “Postmedia’s scale and scope – reaching nearly 12.8 million average monthly unique visitors through our digital properties and 8.3 million Canadians weekly in print across more than 200 brands – supercharges AgilityForex’s marketing efforts while both of our companies align to benefit from the success of these initiatives.”

Under the Agreement, the companies will collaborate to market AgilityForex’s offerings and Postmedia will receive a share of AgilityForex’s overall revenue as well as revenue attributable to Postmedia’s activities. Additionally, AgilityForex has granted Postmedia warrants to acquire shares of AgilityForex, which warrants vest in one year, provided that Postmedia has provided an agreed amount of promotional value.

“We’re delighted to be teaming up with Postmedia. Postmedia’s incredible national reach will allow us to get our message in front of millions of Canadians. People don't have to be tied to their bank, when it comes to transferring money there’s an easier, cheaper, faster way,” said Andrew McGuire, Co-Founder and CEO, AgilityForex. “In the midst of the ongoing digital transformation within the financial sector and the emergence of alternative solutions, delivering an excellent customer experience while offering financial savings and reducing time pressures is paramount,” added Iain Thomson, Co-Founder and COO.

About AgilityForexAgilityForex (AF) is a Vancouver based fintech company offering international payments and currency transfers to individuals and companies. AF makes it easy with transparent pricing and no fees. AF’s proprietary payments platform prices, executes and hedges customer transactions from live interbank rates. The easy to use platform allows customers to bypass the banks and access better exchange rates 24 hours a day, meaning customers are no longer tied to bank pricing and bank hours. At the click of a mouse customers can make payments in 20 currencies and into 100 countries with the offering growing all the time. For more information, visit https://agilityforex.com

About Postmedia Network Inc.Postmedia Network Inc., a wholly owned subsidiary of Postmedia Network Canada Corp. (TSX:PNC.A, PNC.B), is a Canadian newsmedia company representing more than 200 brands across multiple print, online, and mobile platforms. Award-winning journalists and innovative product development teams bring engaging content to millions of people every week whenever and wherever they want it. This exceptional content, reach and scope offers advertisers and marketers compelling solutions to effectively reach target audiences. For more information, visit www.postmedia.com.

Forward-Looking StatementsThis news release contains “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements regarding the future growth of AgilityForex’s business, the success of the strategic collaboration for both companies, Postmedia’s ability to replicate this type of strategic collaboration with other advertisers in other sectors and Postmedia’s revenue potential from the relationship. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management of the relevant company, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual financial results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. For a complete list of Postmedia’s risk factors please refer to the section entitled “Risk Factors” contained in Postmedia Network Canada Corp.’s annual management’s discussion and analysis for the years ended August 31, 2015, 2014 and 2013, which can be found on Postmedia’s website at www.postmedia.com, on SEDAR at www.sedar.com or on the SEC’s website at www.sec.gov. Except as required by law, both companies disclaim any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.

Postmedia NetworkPhyllise Gelfand, 416-442-2936Vice President of Communicationspgelfand@postmedia.com

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