Pixman Nomadic Media Inc.

Pixman Nomadic Media Inc.

December 18, 2007 20:07 ET

Pixman Nomadic Media Inc.: Grant of Incentive Stock Options

MONTREAL, QUEBEC--(Marketwire - Dec. 18, 2007) - Pixman Nomadic Media Inc. (TSX VENTURE:PMN) announces that it has granted, on December 18, 2007, options to purchase 576 000 common shares of the Corporation to directors, officers and employees of Pixman under its stock option plan. The options will vest, as to the first half, one year after their grant date and, as to the second half, two years after their grant date. The options expire on December 18, 2012 and are exercisable at a price of $0.24 per share, being the average of the bid and ask price in respect of Pixman's common shares on the TSX Venture Exchange at the close of trading on December 18, 2007.

About Pixman Nomadic Media Inc.

Pixman Nomadic Media Inc. (www.pixman.com) is a Montreal-based tactical marketing company. The foundation of Pixman's business, through its wholly-owned subsidiaries Pixman Corporation, Pixman Europe S.L. and Pixman U.S.A. Inc., is the Pixman® patented wearable multimedia system worn by brand ambassadors. Pixman creates innovative technology-based marketing experiences that bring new ways to promote brands, products and services. Pixman provides turnkey media services throughout North America and Europe, and licenses its products to partners active in over 25 countries around the world. Pixman is listed on the TSX Venture Stock Exchange (www.tsx.com) under the symbol "PMN".

The TSX Venture Exchange has not reviewed and does not accept any responsibility for the adequacy or accuracy of this release.

Contact Information

  • Pixman Nomadic Media Inc.
    Jake Michael Chadwick
    Chief Financial Officer
    514-845-9669, ext. 224 or Toll free: 1 877 PIXMAN-1
    Evolution Group Inc.
    Investor Relations:
    Sylvain Archambault
    514-448-4887 or Toll free: 1 866 703-4887