Multiplied Media Corporation

Multiplied Media Corporation

October 12, 2010 16:52 ET

Multiplied Media Announces Grant of Stock Options

CALGARY, ALBERTA--(Marketwire - Oct. 12, 2010) - Multiplied Media Corporation ("Multiplied" or the "Company") (TSX VENTURE:MMC), a leading provider of mobile local search services, announced today that the Board of Directors of the Company has granted 75,000 options to an officer of the Company.

The options were granted at an exercise price of $0.10 per share under the terms and conditions of the Company's approved option plan. The Company has 10% "rolling" option plan which reserves for issuance on exercise of options a maximum of 10% of the number of common shares of the Company outstanding from time to time.

About Multiplied Media Corporation

Multiplied Media ( develops and operates mobile applications that enhance the consumers' ability to connect with the people and businesses most important to them. Their multi-award-winning application Poynt ( is a mobile local search service available over BlackBerry smartphones, iPhone and iPod Touch devices and Android. 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. The MyInboxNow offering enables low-end feature phones to behave like smartphones for email access. MyInboxNow is available to mobile operators as a private label solution. 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.

Contact Information

  • FortyThree PR, Inc for Multiplied Media Corporation
    Evie Smith