ARHT Media Provides Corporate Update

TORONTO, ONTARIO--(Marketwired - Jan. 20, 2016) -

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ARHT Media Inc. (the "Company" or "ARHT") (TSX VENTURE:ART)(OTCQB:ARTF), creators of digital human holograms called HumaGrams™, reports that the Company is in advanced discussions on a number of different business opportunities that it hopes to announce to the market in the first half of 2016.

The Company also announces that it has granted a total of 850,000 options to various consultants and employees under the stock option plan of the Company. The options are exercisable at a price of $0.18 per option and shall expire on January 20, 2021. 250,000 options shall vest immediately and the remaining options shall vest over a period of two years, all subject to the four month regulatory hold period. The grant of options remains subject to regulatory approval. Separate from this option grant, certain consultants of ARHT have agreed to surrender for cancellation an aggregate of 375,000 stock options with an exercise price of $0.42 per share.

ARHT also announces that the Company has amended the terms of the non-brokered private placement financing announced on December 4, 2015. The private placement will now consist of up to 6,900,000 units of the Company at a purchase price of $0.25 per unit, for gross proceeds of up to CDN$1,725,000 (the "Offering"). Each unit will be comprised of one common share of the Company and one-half of one common share purchase warrant. Each whole warrant (a "Warrant") will be exercisable to purchase one additional common share of the Company at an exercise price of $0.30 per share for a period of three years following the closing of the Offering. If at any time after four months and one day from the closing of the Offering, the common shares of the Company trade at $0.45 per common share or higher (on a volume weighted adjusted basis) for a period of 20 consecutive days, the Company will have the right to accelerate the expiry date of the Warrants to the date that is 30 days after the Company issues a news release announcing that it has elected to exercise this acceleration right. The proceeds from the Offering will be used for general working capital purposes.

The closing date of the Offering is now scheduled to be on or about January 29, 2016. All securities issued pursuant to the Offering will be subject to a hold period of four months and one day. The Offering is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals. The Company may pay finder's fees in accordance with TSX Venture Exchange policies.

About ARHT Media

ARHT Media Inc. creates HumaGrams™, the most believable and interactive human holograms. HumaGrams™ are generated using patent-pending Augmented Reality Holographic Technology (ARHT™), which is a scalable, repeatable and transportable form of 3D without the use of special glasses. This unique platform makes it possible for people to engage with HumaGrams™, opening up a wide range of applications from interactive retail displays, tradeshow booths, presentations, live shows and concerts. The various can be integrated into multiple forms of proximity and mobile marketing tactics to connect with an audience, drive sales efforts and create memorable experiences.

ARHT Media Inc. was co-founded in 2012, by Rene Bharti (Chairman), and entertainer Paul Anka (Chairman, Board of Advisors). The company is supported by a diverse and seasoned Management team spearheaded by its CEO Paul Duffy, a global entrepreneur and creator of the Digital Human Experience in online, mobile and holographic communications. ARHT team brings decades of experience from fields including entertainment, technology, marketing and finance. Advisors to the company include the likes of Larry King, Jason Bateman, Richard "Skip" Bronson, Michael Bublé, Carlos Slim, Irving Azoff and Kevin O'Leary.

ARHT Media trades under the symbol ART on the Toronto Venture Stock Exchange and the OTCQB Exchange under the symbol ARTF.

For more information, please visit www.arhtmedia.com or contact the investor relations group at info@arhtmedia.com.

Connect With ARHT On Social Media:

Twitter: http://www.twitter.com/ARHTmedia

Facebook: http://www.facebook.com/ARHTmediainc

LinkedIn: http://www.linkedin.com/company/arht-media-inc-

This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements with respect to the Offering, the future business opportunities being pursued by the Company and the grant of options. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic and competitive uncertainties; regulatory risks; risks inherent in technology operations; and other risks of the technology industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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.