Andiamo Corporation (ANDI) Reduces And Restricts The Conversion Of Preferred Shares

Andiamo Corporation (ANDI) Reduces And Restricts The ConversionOf Preferred Shares To As Low As 20:1

September 11, 2012, (St Petersburg, FL) Andiamo Corporation(ANDI.PK), announces that its Board of Directors has authorized asignificantly reduced conversion formula for the convertibility of itsPreferred B Shares into Common Shares. This action is taken as a proactiveeffort to help support an increased valuation of the company's common shares.

Thefollowing information is provided as brief guidance concerning the changesto the Certificate of Designations portion of their Bylaws, as well astheir Articles of Incorporation, which are being amended:

1. Preferred A Shares are not convertible into common shares.

2. Preferred B Shareholders may convert their Preferred B shares consistent with a declining conversion rate based on the increasing value of the common shares which can go as low as 20:1.  This is a reduction from the previous conversion rate of 2000:1 

3.      Further, the Board of Directors significantly reduced theamount of conversion that individual shareholders can convert in a 120 dayperiod. 

For more specific guidance,please see our filing at:

“Wehave heard from our shareholders that the potential Preferred B conversionswere holding our company back, so we took action.  These reductions and restrictions are effective immediately andwe believe these changes will better help support the value of our commonstock and thereby be in the best interest of all of our shareholders.

Thisshould also provide alignment of the Preferred Shareholders, CommonShareholders and the Management of Andiamo Corporation as we all look toincrease the value of our company through our common shares. This should alsoeliminate any concern over extreme conversion and dilution from our Preferred BShareholders.” Said Secor, CEO. 

Andiamo Corporation, through its wholly owned subsidiary,Action App, is currently expanding their popular and profitable inventory ofsmart phone Apps in rapid fashion across the Appleand Android platforms and has met their short term goal of 500 appsin their portfolio.  They now look totheir next goal of 1000 Apps in their portfolio.  Action Apps has exceeded 17 million downloads.  www.action-app.com

Safe Harbor Statement at www.action-app.com/statement/

Investor Relations Contact:

Equiti-trend Advisors, LLC

(800) 953-3350