ePals Awards Restricted Share Units

ePals Awards Restricted Share Units 
HERNDON, VA -- (Marketwire) -- 11/21/12 --  ePals Corporation (TSX
VENTURE: SLN) (the "Corporation"), an education media company and the
world's leading safe social learning network, announces that it has
agreed to award to two senior executives a total of 1,750,000
restricted share units which are redeemable for an equal number of
the Corporation's restricted voting common shares upon vesting. The
restricted share units will be awarded pursuant to the Corporation's
restricted share unit plan and will vest in various portions over
time with the final vesting date being December 31, 2013. The
restricted voting common shares issuable upon redemption of the
restricted share units are subject to a hold period of four months
and one day commencing on the date of the award. 
About ePals Corporation 
ePals Corporation (TSX VENTURE: SLN) is an education media company
connecting K-12 schools, students, teachers and parents around the
world for shared, 21st century learning. ePals operates the K-12
market's premier social learning network, connecting millions of
users in over 330,000 schools for collaboration around high quality
content and educational projects. ePals also publishes
industry-leading children's literature in physical and digital
formats. These magazines, books and mobile apps are subscribed to by
hundreds of thousands of families and approximately one-third of all
US middle schools. ePals' award-winning products and brands include:
the ePals Global Community(TM); SchoolMail(R)365;
LearningSpace(R);In2Books(R); Cricket(R) and Cobblestone(R). ePals
customers and partners include the International Baccalaureate,
Microsoft Corporation, Dell Inc., IBM Corp. and leading school
districts across the United States and globally. ePals reaches
approximately 800,000 classrooms and millions of teachers, students
and parents in approximately 200 countries and territories. For the
ePals Global Community(TM), visit www.epals.com  
Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release. 
Contact Information
For further information, please contact: 
Aric Holsinger
Chief Financial Officer
ePals Corporation
Phone: (703) 885-3400
Cory Pala
Investor Relations
Phone: (416) 657-2400
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