MONTREAL, QUEBEC and TORONTO, ONTARIO and PARIS, FRANCE--(Marketwired - Aug. 14, 2013) - Parta Dialogue Inc. ("Parta") (TSX VENTURE:PAD), an upcoming leader in Social Media Optimization and Social Learning, wishes to provide an update on the status of its successful financing activities. 

Parta announced May 30, 2013 that it had agreed to undertake a non-brokered, prospectus-exempted private placement of Convertible Debentures for minimum gross proceeds of $200,000 and maximum gross proceeds of $500,000 (the "Offering"). Parta successfully closed the first tranche of the Offering on June 10, 2013, for total gross proceeds of $200,000. Parta continues to solicit subscription commitments from qualified investors under the previously announced terms of the Offering and now expects that the closing of the Offering will take place on or before August 28, 2013. Further updates on the status of the Offering will be announced as may be appropriate or required.

On August 1, 2013, Parta announced that it had successfully closed a parallel private placement consisting of 7,820,000 units (the "Units") at a price of $0.05 per Unit for gross proceeds of $391,000. Each Unit consists of one common share in the share capital of Parta (a "Share") and one half of one share purchase warrant. Each whole share purchase warrant is exercisable to acquire an additional Share at a price of $0.10 within 24 months of the Closing Date.

The total gross proceeds of the parallel offerings suggest that Parta has successfully reached its original financing goals, while still remaining open on interest in the Convertible Debentures Offering. Parta wishes to thank its supportive shareholders while the company continues to strive to be a leader in social media optimization through its multiple technology and service offerings and strong customer base. 

For more information on the multiple product offerings and customers, visit #engagementlabs' (Parta's social media division) new website at www.engagementlabs.com/. #engagementlabs is the social media division of Parta Dialogue.

About Parta

Parta Dialogue is an up and coming leader in Social Media Optimization and Social Learning .for organizations at the forefront of digital strategy. Our clients include some of the largest and some of the smallest (but hippest) companies in the world, and the list is growing. Parta is aggressively investing in building out the most robust technology offering in the market (#esuite™) for brands and companies to support their entire social marketing cycle, from the data they want, to the insights they need leading to conversions they crave. The #esuite includes: social listening (#elisten™), publishing (#eshare™), and measuring social communities in real-time (#evalue™). Parta is the company behind Edu-Performance and #engagementlabs

Many visionary businesses already employ Parta's solutions for internal and external online engagement. Among these are Proctor and Gamble, Nestlé, Durex, Budweiser, IBM, Mazda, Universal Pictures and Rock the Vote. www.partadialogue.com

Parta is listed on the TSXV under the symbol PAD and operates through two subsidiaries:

#engagementlabs, an all-digital agency offering a targeted range of social strategies, customized engagement platforms and analytic tools to measure performance and ROI totally focused on social engagement & optimization: www.engagementlabs.com.

edu-performance, totally focused on internal engagement and productivity, Edu-Performance offers customized Social Learning and online training solutions: www.eduperformance.com.

Other Information

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 release.