Interactive Capital Partners Corporation Announces Delay in 2011 Year End Filings

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Interactive Capital Partners Corporation (the "Company") (TSX VENTURE:HFM.H),
announced it was informed by its auditor that it was unable to complete the
audit in time for the Company to file its audited annual financial statements
for the fiscal year ended December 31, 2011 (the "Annual Financial Statements")
by April 30, 2012, which is the first business day after the 120th day after the
end of the Company's most recently completed financial year, as required by
National Instrument 51-102 -Continuous Disclosure Obligations. The failure to
meet the deadline is a result of the delay by the Company in providing the
requisite documentation to the auditor to allow the auditor sufficient time to
complete the audit by the April 30, 2012 deadline.


In respect to the forgoing, the Company further confirms that it has received
notice from the Ontario Securities Commission (the "Commission"), being the
Principal Regulator, that a temporary Cease Trade Order ("CTO") will be issued
for failure to file comparative audited Annual Financial Statements for the year
ended December 2011 within the prescribed timeframe. 


The Company anticipates filing the required Annual Financial Statements as soon
as possible, and in any event not later than 15 days after the issuance of a
temporary CTO by the Commission. The Commission has informed the Company that
upon filing of the required Annual Financial Statements within the time frame
mandated by the temporary CTO, the Company will be reinstated for trading
without the requirement to apply for a revocation order. Until the Annual
Financial Statements are filed, the Company will comply fully with the alternate
information guidelines set out in sections 4.3 and 4.4 of NP 12-203 Cease Trade
Orders for Continuous Disclosure Defaults.


The Company is a capital pool company governed by NEX policies. The Company's
principal business is the identification and evaluation of assets or businesses
with a view to completing a Qualifying Transaction. Investors are cautioned that
trading in the securities of a capital pool company should be considered highly
speculative.


Reader Advisory

This press release contains or refers to forward-looking information, including
statements about the expected timing of the filing of the Annual Financial
Statements. All information other than statements of historical fact that
address activities, events or developments that the Company believes, expects or
anticipates will or may occur in the future are forward-looking statements.
These forward-looking statements are subject to a variety of risks and
uncertainties beyond the Company's ability to control or predict that may cause
actual events or results to differ materially from those discussed in such
forward-looking statements. Any forward-looking statement speaks only as of the
date on which it is made and, except as may be required by applicable securities
laws, the Company disclaims any intent or obligation to update any
forward-looking statement, whether as a result of new information, future events
or results or otherwise. Although the Company believes that the assumptions
inherent in the forward-looking statements are reasonable, forward-looking
statements are not guarantees of future performance and accordingly undue
reliance should not be placed on these forward-looking statements due to the
inherent uncertainty related thereto.