Digital Shelf Space Corp. Announces Unaudited Financial Results for the Nine Months Ending September 30, 2014 and Board Change

VANCOUVER, BC--(Marketwired - November 28, 2014) - Digital Shelf Space Corp. (the "Company" or "DSS") (TSX VENTURE: DSS) (OTC PINK: DTSRF) announced today its unaudited financial results for the nine month period ended September 30, 2014.

Highlights

• Non-cash expenses for the period totaled $884,870.
• Production of the new instructional exercise series FLO FIT starring recording artist Tramar Dillard (FLO RIDA) is completed August 2014.
• Pre-order sales website for FLO FIT targeted for "Black Friday" with fulfillment commencing January 2015.
• Majority owned subsidiary, 0999810 BC Ltd., changes name to Burn It Productions Inc. ("Burn It"). The Company through Burn It will create, produce and market the FLO FIT project.

Revenue (USD)
Total revenue for the period was $242,858 (2013 - $743,260).

Expenses (USD)
Operating expenses for the nine months ending September 30, 2014 were $2,341,271 (2013 - $2,146,010) however, excluding non-cash expenses reported for this period of $884,870 (2013 - $218,731), the adjusted total operating cash expenses were $1,456,401 (2013 - $1,927,279). Key non-cash expenses were the cost of the GSP RUSHFIT infomercial of $493,382 (required under IFRS IAS 38 to be fully expensed in the period the Company took possession of completed product) and stock-based compensation of $317,185 (2013 - $142,963).

Net Loss
Net loss for the nine months ended September 30, 2014 was $1,907,892 (2013 - $1,376,456). Adjusted loss excluding non-cash expenses for the period was $1,023,022 (2013 - $1,157,725), marginally lower than 2013.

Selected Financial Highlights
Selected Period Information
	Nine months ended Sept 30, 2014				Nine months ended Sept 30, 2013
Gross Revenue	$	242,858			$	743,260
Net loss	$	(2,098,413	)		$	(1,402,750	)
Currency Translation Adj.	$	190,521			$	26,294
Weighted average number of shares outstanding		45,754,328				17,944,173
Net loss per share (1)	$	(0.042	)		$	(0.077	)
Total assets	$	3,518,097			$	2,553,127
Total liabilities	$	703,716			$	919,562
Shareholders equity	$	2,814,381			$	1,633,565

1. Basic and diluted net loss

Board Resignation

The Company accepted the resignation of Mr. Hector MacKay-Dunn, QC from the Board of Directors, due to personal commitments and other professional obligations. Mr. MacKay-Dunn has no conflicts with the Company or its Board or management. Mr. Mackay-Dunn has agreed to continue to act as the corporate secretary for the Company.