Digital Shelf Space Announces Closing of $500,000 First Tranche of Financing

Digital Shelf Space Corp. (TSX VENTURE:DSS)(OTCQX:DTSRF) (the "Company" or
"DSS") is pleased to announce that further to its new release dated September
20, 2012, the Company has closed the first tranche of its non-brokered private
placement (the "Offering") and issued 10,010,000 units at a price of $0.05 per
unit for gross proceeds of approximately $500,500. Each unit consists of one
common share and one common share purchase warrant. Each whole purchase warrant
entitles the holder to purchase one common share of the Company at the price of
$0.10 per common share on or before the date occurring 18 months following the
closing of the Offering (the "Offering Warrants").


The Company paid finder's fees totaling $34,230 and issued 404,600
non-transferrable share purchase warrants as finder's fees. The
non-transferrable share purchase warrants issued as finder's fees have the same
exercise price and term as the Offering Warrants.


In accordance with applicable securities legislation, securities issued pursuant
to the Offering are subject to a hold period of four months plus one day from
the date of completion of the Offering.


The Offering and payment of finders' fees are subject to final regulatory approval.

Monies raised from this financing will be used toward marketing and advertising,
working capital and general corporate purposes and transaction and related
expenses.


About Digital Shelf Space Corp.

Digital Shelf Space is an independent creator, producer and distributor of home
entertainment content targeted at the fitness and sports instruction market.
Digital Shelf Space's overall content partnership strategy is to align itself
with world-class, global brand partners. For more information visit
www.digitalshelfspace.com and to view our current projects with Georges
St-Pierre and the TOURAcademy(R), visit www.gsprushfit.com and
www.touracademydvds.com.


ON BEHALF OF THE BOARD

Jeffrey Sharpe, President & CEO

Forward-Looking Statements

This news release contains "forward-looking information" within the meaning of
the Canadian securities laws. Forward-looking information is generally
identifiable by use of the words "believes", "may", "plans", "will",
"anticipates", "intends", "budgets", "could", "estimates", "expects",
"forecasts", "projects" and similar expressions, and the negative of such
expressions. Forward-looking information in this news release include statements
about the ongoing intention to complete a private placement offering and the use
of proceeds received from the closing of the first tranche of the private
placement offering.


In connection with the forward-looking information contained in this news
release, Digital Shelf Space has made numerous assumptions, regarding, among
other things, expected investor interest of the ongoing private placement
offering. While Digital Shelf Space considers these assumptions to be
reasonable, these assumptions are inherently subject to significant
uncertainties and contingencies.


Additionally, there are known and unknown risk factors which could cause Digital
Shelf Space's actual results, performance or achievements to be materially
different from any future results, performance or achievements expressed or
implied by the forward-looking information contained herein. Known risk factors
include, among others: Digital Shelf Space may not be able to complete the
closing of any further tranches of the private placement offering on the terms
currently contemplated, or at all; Digital Shelf Space may not use funds
received from the closing of the first tranche of the private placement as
currently contemplated; reliance on the health and marketability of celebrity
fitness talent in productions owned by Digital Shelf Space; actual results from
the use of celebrity fitness products may differ substantially from anticipated
results; the substantial investment of capital required to produce and market
video and entertainment productions, limitations imposed by our financing
abilities, unpredictability of the commercial success of our programming,
difficulties in integrating technological changes and other trends affecting the
entertainment industry.


A more complete discussion of the risks and uncertainties facing Digital Shelf
Space is disclosed in Digital Shelf Space's Filing Statement dated November 16,
2010 and continuous disclosure filings with Canadian securities regulatory
authorities at www.sedar.com. All forward-looking information herein is
qualified in its entirety by this cautionary statement, and Digital Shelf Space
disclaims any obligation to revise or update any such forward-looking
information or to publicly announce the result of any revisions to any of the
forward-looking information contained herein to reflect future results, events
or developments, except as required by law.