Pixman Nomadic Media Inc.
TSX VENTURE : PMN

Pixman Nomadic Media Inc.

December 12, 2007 19:00 ET

Pixman Nomadic Media Inc.: Loan Agreement With Daniel Langlois Investment Inc.

MONTREAL, QUEBEC--(Marketwire - Dec. 12, 2007) - Pixman Nomadic Media Inc. (TSX VENTURE:PMN) announces that Pixman Corporation, its wholly-owned subsidiary, has entered into a loan agreement with Daniel Langlois Investments Inc. ("DLI"), whereby DLI made a loan in the principal amount of $300,000 to Pixman Corporation. Such amount will bear annual interest at the prime rate determined from time to time by the HSBC Bank Canada plus 2%, calculated monthly and not in advance. Pursuant to the loan agreement entered into in respect thereof, Pixman Corporation will repay the principal outstanding amount of the loan, together with accrued and unpaid interest and all costs and expenses in respect thereof, on demand by DLI but no earlier than March 31, 2008. The loan will be used for working capital and general corporate purposes.

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".

Contact Information