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SoMedia Continues Growth with 4000+ Resellers Signed to Date, a 463% increase this year

VANCOUVER, British Colombia--(BUSINESS WIRE)--SoMedia Networks (TSX-V:VID) (“SoMedia,” “the Company”), the pioneer of globally scalable cloud-based video production solutions, today announced continued growth in the third quarter with more than 4,000 partners across North America signed to its video production reseller network.

“SoMedia’s continued growth in partner signups is clear evidence of video’s emerging position as the most desirable online marketing tool and our unique position as the only provider of video production resale solutions”

Today’s announcement represents a 688% increase in reseller partners over the last twelve months, and an increase of 463% since the beginning of 2013. SoMedia’s reseller partners are web services companies - primarily digital agencies and web marketers focused on providing internet marketing services to millions of small to medium sized businesses. There are estimated to be more than 80,000 web marketing companies in the US and Canada serving over 8 million small to medium sized businesses.

SoMedia's turnkey Video Production, Marketing and Analytics platform enables web marketers to easily add professional video production and campaign management to their service offerings without any prior video expertise. The end-to-end Web Services Video Platform includes SoMedia’s unique ScalableVideo production services, its proprietary online video creation platform VideoBuilder, customizable video players, campaign management tools, and video ROI analytics.

“SoMedia’s continued growth in partner signups is clear evidence of video’s emerging position as the most desirable online marketing tool and our unique position as the only provider of video production resale solutions,” stated George Fleming, the Company’s Founder and Chief Executive Officer. “We continue to see considerable pent up demand for a video production solution by web marketers. Supporting our experience is a recent report from the Content Marketing Institute that revealed that while 72% of small business marketers are using video 64% find producing enough content to be a challenge. eMarketer also reported that 64% of brand marketers intend to spend more on video this year.”

For more information visit: www.somedia.net

About SoMedia Networks

SoMedia Networks is a pioneer of integrated video content production, marketing and analytics solutions. Our scalable cloud-based video content production platforms provide resale, white-label, and on demand video production services to thousands of web marketers, digital agencies, corporate brands and media companies across North America.

Our technology first approach allows us to provide a range of ground breaking video production and marketing services and products that break down the traditional barriers of cost, volume and reach; making it easy for partners to deliver online video solutions to their clients simply and affordably, anywhere, at scale.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts

SoMedia Networks
George Fleming, 604-683-5510
CEO and Director
gfleming@somedia.net
or
Investor Relations
604-683-5510 ext. 501
investors@somedia.net
or
Yulu Public Relations Inc.
Nadia Gillies, 604-558-1656
Media Relations
nadia@yulupr.com