Reorganization Plan Rejected for DigitalTown, Inc.

DigitalTown, Inc. provides turn-key hosted solutions to power a platform for government entities, citizens, and merchants. The Company provides an alternative to multi-national search engines and marketplaces, saving merchants money. The Company's DigitalTown platform helps city officials and local merchants manage a smart city for Web and mobile devices and provides residents and visitors with access to content, community and commerce. The DigitalTown platform supports online and mobile communities. It enables commerce and fulfillment in local communities, thereby helping residents to buy locally while equipping merchants to sell locally. The Company's wholly owned subsidiary is Comencia Inc.