Ms. Sandra Buschau reports

MULTIVISION COMMUNICATIONS PROVIDES UPDATE ON PROPOSED CHANGE OF BUSINESS

Multivision Communications Corp. has provided the following update in respect of its proposed acquisition of all of the shares of ZoomAway Inc., first announced on July 24, 2015.

The company has made significant progress toward completing the transaction and is currently waiting for the finalization of an audit of ZoomAway. In addition, the company is in its final stage of a due diligence review and the preparation of documentation that includes the definitive agreement and management information circular. The management information circular will be mailed to shareholders of Multivision prior to the shareholders meeting to approve the transaction and will contain the details of the transaction. The transaction is expected to constitute a change of business of the company under the policies of the TSX Venture Exchange.

Completion of the transaction is subject to a number of conditions, including TSX Venture Exchange acceptance and shareholder approval. The transaction cannot close until the required shareholder approval is obtained and all other condition are satisfied or waived. There can be no assurance that the transaction will be completed as proposed or at all.

We seek Safe Harbor.