Platinum Communications Shares Issuance

Calgary, Alberta (FSCwire) - Platinum Communications Corporation (“Platinum” or the “Corporation”) (TSX-V: PCS) announced today that the Corporation has issued an aggregate of 428,571 common shares pursuant to the stock compensation plan (“SCP”) approved by the TSX Venture Exchange to the directors of Platinum in lieu of cash payment for services rendered. Platinum also has issued 142,857 common shares to a consultant of Platinum pursuant to the SCP in consideration of certain past services provided to Platinum.

A total of 571,428 common shares will be issued at a deemed price of $0.07, each pursuant to statutory exemptions from the prospectus requirements under applicable securities laws. Resale restrictions will apply to these common shares in accordance with applicable laws.

About Platinum Communications

Platinum Communications Corporation (TSX-V: PCS) is a leading provider of superior quality fixed wireless Internet and Broadband solutions in Alberta. Based in Calgary, Platinum operates a wireless broadband network that utilizes Next-Generation Wimax technology to bring fast, reliable and affordable Internet and digital phone service to residents and businesses across the province. Serving approximately 11,000 customers in over 180 communities, Platinum caters primarily to rural and near-urban markets that are often beyond the reach of traditional Internet providers. Platinum’s high quality infrastructure, excellent service record and ever-growing network and capabilities, make it the provider of choice for customers within its vast coverage area. For more information please visit our website at www.platinum.ca or call 403-301-4590.

This news release may contain forward-looking statements. These forward-looking statements do not guarantee future events or performance and should not be relied upon. Actual outcomes may differ materially due to any number of factors or uncertainties, many of which are beyond Platinum's control. Some of these risks and uncertainties may be described in Platinum's corporate filings (posted at www.sedar.com). Platinum has no intention or obligation to update or revise any forward-looking statements due to new information or events.

Neither 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 news release.

For further information please contact:

Bernard Parkinson, CEO                        Kathy Kirkup, CFO

Phone (403) 301-4590                            Phone (403) 301-4594

Maximum News Dissemination by FSCwire. http://www.fscwire.com

Copyright © 2015 Filing Services Canada Inc.