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Wednesday, December 2, 2009

Multiplied Media Announces New Board Of Directors

Source - Multiplied Media Corporation:

CALGARY, Dec 02, 2009 -- Multiplied Media Corporation (the "Company" or "Multiplied") (TSX:V MMC), a Calgary-based provider of mobile local search services, is pleased to announce that Carl DeMarco has been newly elected to the Company's Board of Directors at the Company's Annual and Special Meeting held on December 1, 2009.

Mr. DeMarco, as former President, global business development for World Wrestling Entertainment Inc. (WWE), played an instrumental role in WWE's evolution in Canada and internationally. Live events, TV programming, merchandising, licensing, sponsorship sales, new media, pay-per-view and unprecedented philanthropy round out his many successful business activities.

"As we accelerate our growth across platforms and geographies, Mr. DeMarco's expertise in marketing will be a welcome addition to the Board," said Stephen Lougheed, Chairman, Multiplied Media. "We are looking forward to his guidance as our strategic focus turns to mass consumer adoption of Poynt."

"I am impressed by the compelling opportunity that lies ahead of Multiplied Media and the high quality of the management team and Board of Directors," said Carl DeMarco, Director, Multiplied Media. "I am looking forward to having a positive impact on the Company by leveraging my relationships and past expertise."

Incumbent Directors Stephen Lougheed, Andrew Osis, Craig Bentham, Eugene Chen and Randy Goebel were also re-elected to the Board.

Multiplied is also pleased to announce that Andrew Osis will be adding the role of President to his portfolio. Additional appointments include Lawrence Lee as Chief Financial Officer, Brad Murray as Vice President, Technology, Margaret Glover-Campbell as Vice President, Marketing & Public Relations and Bart McCormick as Vice President, Business Development. Murray and Glover-Campbell have both been with the Company since November of 2006. John Lowe has stepped down from his role of President and Director to pursue other entrepreneurial interests, however he will continue to serve in an advisory capacity, providing insight and advice to the Company.

About Multiplied Media Corporation

Multiplied Media (www.multiplied.com) has developed the award-winning application Poynt (www.mypoynt.com), the mobile local search service available over BlackBerry smartphones. Through agreements with directory and vertical content providers in Canada, the United States and Europe, Poynt simplifies finding and connecting with businesses, retailers and events wherever and whenever it is most convenient for the consumer. Headquartered in Calgary, AB, Canada, Multiplied Media trades on the TSX Venture Exchange under the symbol MMC.

Neither the 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.