On4(TM) Paid Out Shareholder Debt and Cancelled Shares

SCOTTSDALE, AZ, Feb. 2 /PRNewswire-FirstCall/ - On4(TM) Communications Inc. ("On4(TM)") (ONCI.OB) announces that it has deposited $75,000 in trust with its attorney to pay out a portion of debt owed to Penny Green, the company's CFO and director, and Bacchus Entertainment Ltd., a company controlled by Ms. Green. Pursuant to the terms of post merger agreement between On4, Penny Green and Bacchus Entertainment Ltd. dated September 14, 2009, Penny Green and Bacchus Entertainment Ltd. are obligated to cancel a total of 52,223,931 common shares in the capital of On4 upon receiving the $75,000. The payment and share cancellation is expected to close later this week.

About On4(TM)

On4(TM) Communications is a globally diversified Location Based Services (LBS) company with offices in Scottsdale, Arizona; in Richmond, British Columbia and representation in China. On4(TM) can provide either hardware-only (GSM or CDMA devices) or fully integrated custom solutions, depending on end-user requirements. On4(TM) also looks to leverage its' strategic relationships through joint ventures, partnerships and acquisitions to provide market opportunities for emerging technologies in the LBS space.

About PetsMobility(TM)

PetsMobility is a fully owned subsidiary of On4(TM) and offers a wide line of products designed to keep you and your pets connected while ensuring their safety.

About Charity Tunes

Charity Tunes is a fully owned subsidiary of On4(TM) and is North America's first charity-driven digital entertainment distributor, offering music enthusiasts the opportunity to support charitable organizations by downloading their favourite tunes and contributing a minimum of 10% of the amount collected from each download to any of a number of partner charities.

Forward-Looking Statements:

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements. Actual results may differ materially from those described in forward-looking statements and are subject to risks and uncertainties. See On4(TM) Communication's filings with the United States Securities and Exchange Commission which identify specific factors that may cause actual results or events to differ materially from those described in the forward-looking statements.

SOURCE On4 Communications, Inc.