eMedia Networks International Corporation. (TSX VENTURE:EMM) ("eMedia" or
"Company") announces that its previously announced going-private transaction by
way of a statutory plan of arrangement ("Arrangement") under the Business
Corporations Act (British Columbia) became effective January 23, 2014. 


The Arrangement involves, among other things, the consolidation
("Consolidation") of the Company's issued and outstanding common shares ("Common
Shares") on the basis of one post-Consolidation common share for every 1,213,000
Common Shares issued and outstanding, as well as the cancellation of the stock
option plan. After giving effect to the consolidation, each holder of
pre-Consolidation Common Shares who holds less than one post-Consolidation
Common Share ("Fractional Holders") will be paid, in lieu of any fractional
post-Consolidation Common Share, $0.045 in cash by the Company in exchange for
each pre-Consolidation Common Share held by them ("Fractional Consideration")
and such Fractional Holder will cease to be the holder thereof or have any
rights as a holder in respect of such Common Shares other than the right to be
paid by the Company the Fractional Consideration for such Common Shares and the
name of the holder thereof will be removed from the central securities register
of the Company with respect to such Common Shares. 


The Common Shares are expected to be delisted from the TSX Venture Exchange
effective at the close of business on January 28, 2014. The Company will apply
to the applicable Canadian securities regulatory authorities to cease to be a
reporting issuer. 


Details regarding the terms of the Arrangement are set out in the management
information circular dated December 9, 2013 and the November 22, 2013 press
release which is available at www.sedar.com. 


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
eMedia Networks International Corporation.
Darren Reiter
CEO
(604) 742-3344
reiter@emedianetworks.com
www.emedianetworks.com
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