In response to increased trading activity of its
common shares, IPC Financial Network Inc. today commented that it has had discussions with various industry participants with respect to strategic alternatives that could ultimately enhance value for its shareholders.

The company admitted to having discussions regarding a possible transaction. It said however that “no assurance can be given that an agreement with respect
to any transaction will be reached or that a transaction will be consummated.”

IPC is building a diversified financial service company that is focusing on the financial planning industry.