Received by email:

File: VID-NR-DebtRestructure-AmendPP.pdf

                                                                                           Change the way
                                                                                           you think about video.


FOR IMMEDIATE RELEASE

SoMedia Completes Long Term Debt Restructuring & Amends Private
Placement Offering

Vancouver BC, September 30, 2014 � SoMedia Networks (TSX-V:VID), the pioneer of globally scalable
video production solutions has restructured an existing debenture Photon Global Ltd which matured in the
quarter whereby the original principal and interest is rolled into a new debenture (the "Debenture") maturing
on June 30, 2016. The Debenture, valued at $547,936, bears interest at 10% per annum, compounded
monthly. The interest on the Debenture is convertible at the discounted market price at the time of
conversion, with a minimum exercise price of $0.25 per share. The Debenture may be called by the
Company at any time. If the call is made in the first 12 months of the Debenture, the Company must pay
an additional penalty of 15% of the outstanding value of the Debenture, including accrued interest, at the
time of the call. An incentive of $55,160.97 was included to induce the original investor to accept the terms
of the new agreement, and will be paid over the next 9 months. This incentive is accounted for as a short-
term loan.

SoMedia is also amending the terms of its previously announced non-brokered private placement offering
(the "Offering") of up to 4,722,223 units ("Units") at a price of $0.18 per Unit for gross proceeds of up to
$850,000. The amended Offering will be a non-brokered private placement offering (the "Amended
Offering") of up to 5,312,500 units at a price of $0.16 per Unit for gross proceeds of up to $850,000. Each
Unit will consist of one common share of the Company and one half of one share purchase warrant (a
"Warrant"). Each whole Warrant will entitle the holder thereof to purchase one common share of the
Company at a price of $0.25 per share for a period of two years from the date of issuance. The proceeds
of the Amended Offering will be used for general working capital purposes.

The Company may pay finder's fees in connection with the Amended Offering, subject to compliance with
the policies of the TSX Venture Exchange (the "Exchange"). Completion of the Amended Offering remains
subject to the approval of the TSX Venture Exchange. All securities issued under the Amended Offering or
the Debenture will have a four month statutory hold period.

About SoMedia Networks
SoMedia Networks, the creator of Scalable Video, has reengineered how businesses access video content
creation, production and deployment. The cloud-based SoMedia Platform allows businesses, brands and
media to easily order the production of custom video content at scale and volume, anywhere, on demand,
with rapid turnaround, and at a fraction of current costs.

SoMedia provides Scalable Video as an integrated solution to corporate partners, as a resale solution
through thousands of web marketing firms and directly to digital agencies and millions of SMBs across
North America. To learn more visit: www.somedia.net.

Company Contact:                                                    Media Contact:
George Fleming, Co-CEO                                              Annette Leach, Hotwire PR
Tel: 604.683.5510                                                   Tel: 415.840.2790
Email: gfleming@somedia.net                                         Email: somedia@hotwirepr.com

U.S. Investor Contact:                                              Canadian Investor Contact:
Michael Koehler or Matt Glover, Liolios Group                       Greg Werbowski, SoMedia Networks
Tel: 949.574.3860                                                   Tel: 604.683.5510 ext. 590
Email: VID@liolios.com                                              Email: gwerbowski@somedia.net




221 E 10th Ave, Suite 201 Vancouver, BC Canada V5T 4V1 | Tel: 604.683.5510 | somedia.net
 Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX
---> Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release includes forward-looking statements that are subject to risks and uncertainties. All statements with
--->in, other than
statements of historical fact, are to be considered forward looking. Although the Company believes the expectations ex
--->pressed in
such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future perf
--->ormance
and actual results or developments may differ materially from those in forward-looking statements. Factors that could 
--->cause actual
results to differ materially from those in forward-looking statements include market prices, continued availability of
---> capital and
financing, and general economic, market or business conditions. There can be no assurances that such statements will p
--->rove
accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume a
--->ny obligation
to update any forward-looking statements. This news release does not constitute an offer to sell or a solicitation of 
--->an offer to sell
any securities in the United States. The securities have not been and will not be registered under the United States S
--->ecurities Act
of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the
---> United States
or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemptio
--->n from such
registration is available




008429000-00136247; 1