Metamedia Capital Corp.

Metamedia Capital Corp.

January 27, 2006 17:09 ET

Metamedia Capital Corp. Report on Corporate Activities

CALGARY, ALBERTA--(CCNMatthews - Jan. 27, 2006) - Metamedia Capital Corp. (TSX VENTURE:MME) (the "Company") is pleased to report the Company, pursuant to a definitive Agreement dated January 21, 2006 with Mr. Thomas O'Duffy of Dublin, Ireland, acquired the Domain Suite,, and for the consideration of $15,000 in Cash and the issuance of 40,000 shares from the common stock of the Corporation.

The Suite shall accommodate the Company's internet presence on a streamlined basis and shall facilitate the corporate need for the creation of a Portal to access the increasingly visible existing web-based applications of and that are now positioned to be totally dedicated to Metohos Magazine and CosmosIPTV users exclusively. Corporate information shall appear under the new website, which is soon to be completed and posted for public use.

The Domain Suite was registered by Mr. O'Duffy in 1996 and he held on to it for a number of years despite a good number of offers he received. He stated that "Metamedia Capital Corporation and its approach to new media was the only entity that met his criteria for the use of that particular name."

Metamedia is Greek for "Next-media" and is representative of the current transitional state and integration and convergence of technologies and applications in the media industry, which are at the core of the business model of Metamedia Capital Corporation.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this press release.

Contact Information

  • Metamedia Capital Corp. or Metohos Magazine
    Mr. Alexandros Kostis
    (403) 333-3000