----

----

----

| ·   | Revenues and Gross Profit increased 77% and 154%, respectively, in Q1 FY 2013 |
|--------------------|-------------------------------------------------------------------------------|

| ·   | CrowdGather has no long term debt and has approximately $1.8M in cash |
|--------------------|-----------------------------------------------------------------------|

----

----

|                                                   |   |   |       |   |   |   |
|--------------------------------------------------------|--------|--------|------------|--------|--------|--------|
|                                                   |   | 2012   |       |   | 2011   |   |
|                                                   |   |   |       |   |   |   |   |   |
| Revenue                                                |   | $      | 591,202    |   |   | $      | 334,036 |   |
|                                                   |   |   |       |   |   |   |   |   |
| Cost of revenue                                        |   |   | 18,547     |   |   |   | 108,740 |   |
|                                                   |   |   |       |   |   |   |   |   |
| Gross profit                                           |   |   | 572,655    |   |   |   | 225,296 |   |
|                                                   |   |   |       |   |   |   |   |   |
| Operating expenses                                     |   |   |       |   |   |   |   |   |
| Payroll and related expenses                           |   |   | 456,064    |   |   |   | 357,074 |   |
| General and administrative                             |   |   | 790,916    |   |   |   | 742,250 |   |
| Total operating expenses                               |   |   | 1,246,980  |   |   |   | 1,099,324 |   |
|                                                   |   |   |       |   |   |   |   |   |
| Loss from operations                                   |   |   | (674,325   | )      |   |   | (874,028 | ) |
|                                                   |   |   |       |   |   |   |   |   |
| Other income (expense), net                            |   |   | (1,903     | )      |   |   | 3,593 |   |
|                                                   |   |   |       |   |   |   |   |   |
| Net loss before provision for income taxes             |   |   | (676,228   | )      |   |   | (870,435 | ) |
|                                                   |   |   |       |   |   |   |   |   |
| Provision for income taxes                             |   |   | 800        |   |   |   | 800 |   |
|                                                   |   |   |       |   |   |   |   |   |
|                                                   |   |   |       |   |   |   |   |   |
| Net loss                                               |   | $      | (677,028   | )      |   | $      | (871,235 | ) |
|                                                   |   |   |       |   |   |   |   |   |
|                                                   |   |   |       |   |   |   |   |   |
| Weighted average shares outstanding- basic and diluted |   |   | 58,249,977 |   |   |   | 58,254,815 |   |
|                                                   |   |   |       |   |   |   |   |   |
|                                                   |   |   |       |   |   |   |   |   |
| Net loss per share – basic and diluted           |   | $      | (0.01      | )      |   | $      | (0.01 | ) |

----

|                                                                                                           |   | July 31, 2012(Unaudited) |       |   | April 30, 2012 |   |
|----------------------------------------------------------------------------------------------------------------|--------|--------------------------|------------|--------|----------------|--------|
| ASSETS                                                                                                         |
| Current assets                                                                                                 |   |                     |       |   |           |   |   |   |
| Cash                                                                                                           |   | $                        | 1,817,100  |   |           | $      | 2,328,492 |   |
| Accounts receivable                                                                                            |   |                     | 101,853    |   |           |   | 42,995 |   |
| Investments                                                                                                    |   |                     | 14,297     |   |           |   | 28,570 |   |
| Inventory                                                                                                      |   |                     | 34,096     |   |           |   | 35,132 |   |
| Prepaid expenses and deposits                                                                                  |   |                     | 51,954     |   |           |   | 88,932 |   |
|                                                                                                           |   |                     |       |   |           |   |   |   |
| Total current assets                                                                                           |   |                     | 2,019,300  |   |           |   | 2,524,121 |   |
|                                                                                                           |   |                     |       |   |           |   |   |   |
|                                                                                                           |   |                     |       |   |           |   |   |   |
| Property and equipment, net of accumulated  depreciation of $257,766 and $241,569 respectively       |   |                     | 331,959    |   |           |   | 131,175 |   |
|                                                                                                           |   |                     |       |   |           |   |   |   |
| Intangible and other assets, net of accumulated amortization    of $22,724 and $15,224, respectively |   |                     | 9,390,603  |   |           |   | 9,333,928 |   |
| Goodwill                                                                                                       |   |                     | 4,360,176  |   |           |   | 4,360,176 |   |
|                                                                                                           |   |                     |       |   |           |   |   |   |
|     Total assets                                                                           |   | $                        | 16,102,038 |   |           | $      | 16,349,400 |   |
|                                                                                                           |   |                     |       |   |           |   |   |   |

| Current liabilities                                                                                                                                             |   |   |        |   |   |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|-------------|--------|--------|--------|
| Accounts payable                                                                                                                                                |   | $      | 122,374     |   |   | $      | 54,095 |   |
| Accrued vacation                                                                                                                                                |   |   | 40,601      |   |   |   | 27,468 |   |
| Other accrued liabilities                                                                                                                                       |   |   | 28,574      |   |   |   | 28,890 |   |
| Capital lease obligation, current portion                                                                                                                       |   |   | 100,523     |   |   |   | - |   |
|                                                                                                                                                            |   |   |        |   |   |   |   |   |
|         Total current liabilities                                                                                       |   |   | 292,072     |   |   |   | 110,453 |   |
|                                                                                                                                                            |   |   |        |   |   |   |   |   |
| Capital lease obligation, net of current portion                                                                                                                |   |   | 89,979      |   |   |   | - |   |
|                                                                                                                                                            |   |   |        |   |   |   |   |   |
| Stockholders’ equity                                                                                                                                      |   |   |        |   |   |   |   |   |
| Preferred Series A stock, $0.001 par value, 25,000,000   shares authorized,-0- shares issued and   outstanding                    |   |   | -           |   |   |   | - |   |
| Common stock, $0.001 par value, 975,000,000 shares   authorized, 58,272,708 and 58,234,216 issued and   outstanding, respectively |   |   | 58,273      |   |   |   | 58,234 |   |
| Additional paid-in capital                                                                                                                                      |   |   | 28,608,946  |   |   |   | 28,436,644 |   |
| Accumulated deficit                                                                                                                                             |   |   | (12,911,529 | )      |   |   | (12,234,501 | ) |
| Accumulated other comprehensive loss                                                                                                                            |   |   | (35,703     | )      |   |   | (21,430 | ) |
|                                                                                                                                                            |   |   |        |   |   |   |   |   |
| Total stockholders’ equity                                                                                                                                |   |   | 15,719,987  |   |   |   | 16,238,947 |   |
|                                                                                                                                                            |   |   |        |   |   |   |   |   |
| Total liabilities and stockholders’ equity                                                                                                                |   | $      | 16,102,038  |   |   | $      | 16,349,400 |   |

----

----