StationDigital Brings Local Content to Worldwide Audiences Internet Platform Acquires NiFTy

ST. LOUIS, Jan. 20, 2015 /PRNewswire/ -- StationDigital Corporation (OTCQB: SDIG), a revolutionary internet media delivery platform, today announced it has entered into a letter of intent with Network Foundation Technologies, LLC ("NiFTy") to purchase certain assets including their NiFTyTV Patented Technology which substantially reduces the cost of live broadcast TV over the Internet.  Also included are 16 patents, 14 issued with 2 pending.

NiFTy's innovative approach will enable StationDigtial to deliver online broadcasting at a dramatically lower cost, thus enabling larger online audiences to be reached, while ensuring excellent quality of service. The NiFTyTV distributed broadcasting technology patents have been cited by numerous well-known companies, including Google, Microsoft, IBM, Sony, Nvidia, HP, Yamaha and NEC.

According to Forbes Magazine, Price Waterhouse Coopers LLP predicts that over-the-top (OTT) TV streaming will grow to be a $10.1 billion segment in 2018, up from just a relatively meager $3.3 billion last year.

"The acquisition of NiFTyTV will now give StationDigital the ability to stream live television and events at a significantly lower cost than competitors.  This new broadcasting ability will allow for broadcasts of anything from high school football games to concert performances by artists with smaller fan bases.  StationDigital's Platform has always been committed to allowing artists to maximize monetization of their fan base regardless of size and this acquisition furthers that cause," commented Lou Rossi, StationDigital's Chairman and CEO.

"NiftyTV is very excited about StationDigital's adoption of our technology into their platform.  This will allow broadcasters to reach out to viewers much more cost effectively and viewers will be able to receive content never before possible," said Marcus Morton, President of NiftyTV.

The acquisition is expected to be completed by late February upon certain conditions being met.

About StationDigital Corporation
StationDigital Corporation is a multimedia digital broadcast company that offers free music streaming of over 30 million songs. StationDigital Corporation features both genre-based and artist-based music discovery stations to suit an endless variety of musical tastes, and a personal recommendation service to its more than three million users – all available both online and through its iOS and Android mobile apps. StationDigital Corporation's users can customize their listening experience by selecting playlists and stations based on themes, interests and location, as well as favorite artists, songs or genre, and by providing feedback on the music they hear. StationDigital Corporation also offers the industry's first Listener Rewards program in which users earn points for listening, sharing and inviting friends on social media to enjoy StationDigital Corporation. Listener Rewards points are redeemable in the StationDigital Corporation online store to purchase music, merchandise and additional discounts. StationDigital Corporation is headquartered in St. Louis. For more information, visit www.stationdigital.com or download the StationDigital Corporation app for iOS and Android mobile devices.

About Network Foundation Technologies®, LLC
Network Foundation Technologies, LLC's patented technology overcomes the scalability and cost bottlenecks associated with online broadcasting, enabling the company to bring large-scale, cost effective, high quality broadcasting to the Internet. Please visit www.NiFTyTV.com for more information.

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the Company's current plans and expectations, as well as future results of operations and financial condition. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

SOURCE StationDigital Corporation

Related Links

http://www.stationdigital.com

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