Mood Media Provides Market Update on Strategic Process

About this update from Maximus Metals, Inc.

[{"type":"text","content":"\n\n\nTORONTO, Aug. 14, 2013 /CNW/ - Mood Media Corporation (ISIN: CA61534J1057) (TSX: MM) (LSE AIM: MM)\n (\"Mood Media\" or the \"Company\"), at the request of IIROC, today\n provided an update on its strategic review process previously announced\n in April 2013.\n\n\nAs previously disclosed, the Board of Directors and senior management\n initiated a process to identify and consider a range of operational,\n financial and strategic alternatives to enhance shareholder value.  As\n part of this process, the Company has received non-binding expressions\n of interest from third parties with whom it is currently in discussions\n with respect to a potential sale of the Company.  The Company stated\n that while there can be no assurance that the Board's exploration of\n strategic alternatives will result in any transaction (including a\n potential sale of the Company) being pursued, entered into or\n consummated, it is the Board's intention to complete its strategic\n review process as soon as possible during Q3 2013.\n\n\nWhile undertaking this process, the Board and senior management team\n remain highly focused on executing the Company's long-term operational\n plan, including among other initiatives the integration and realization\n of the strategic and financial benefits of the acquisitions completed\n over the past two years.\n\n\nMood Media does not currently intend to discuss or disclose further\n developments with respect to this process until the Board has approved\n a definitive course of action.\n\n\nAbout Mood Media Corporation\n\n\nMood Media Corporation (TSX:MM) (LSE AIM:MM), is one of the world's\n largest designers of in-store consumer experiences, including audio,\n visual, interactive, scent, voice and advertising solutions. Mood\n Media's solutions reach over 150 million consumers each day through\n 570,000 subscriber locations in over 40 countries throughout North\n America, Europe, Asia and Australia.\n\n\nMood Media Corporation's client base includes more than 850 U.S. and\n international brands in diverse market sectors that include: retail,\n from fashion to financial services; hospitality, from hotels to health\n spas; and food retail, including restaurants, bars, quick-serve and\n fast casual dining. Our marketing platforms include 77% of the top 100\n retailers in the United States and 100% of th...

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