DigitalTown, Inc. (DigitalTown) owns and operates a nationwide social networking site of hyper-local, on-line communities built around their domain names and the schools and communities they represent. DigitalTown is developing a nationwide network of more than 27,000 local online communities for high school students, alumni, boosters and local citizens. The Company�s projects include Spirit Sites, Town Sites and Spirit WebMail. On April 10, 2012, DigitalTown announced that, as of March 31, 2012, DigitalTown's hyper-local, high school spirit Wsites received approximately 31 million hits and in excess of 20 million pageviews. In October 2012, it acquired 2,700 new .com domain names, including 400 new high school spirit sites, 500 plus city names, which include 300 mascot names representing all levels of sports and more than 1,000 professional and business names.