Options Media Group Holdings, Inc. (OPMG)

[B7$4]

OPMG News.

http://www.marketwire.com/press-release/Options-Media-Group-Further-Strengthens-Balance-Sheet-1111434.htm

SOURCE: Options Media Group

Feb 03, 2010 08:30 ET
Options Media Group Further Strengthens Balance Sheet

BOCA RATON, FL--(Marketwire - February 3, 2010) - Options Media Group Holdings, Inc. (OTCBB: OPMG), a leading email service provider, permission based email, sms/text messaging marketing and mobile marketing company, announced today that holders of its remaining debt and key creditors have agreed to forgo cash payments for common stock of Options Media.

As of February 1, 2010, Options Media had no debt and over $1,000,000 in cash. The newly strengthened balance sheet will help Options Media move forward with its revised focus in the exciting and growing mobile marketing space.

"Options Media will focus its efforts in monetizing its recent acquisition of assets from WhatCounts Inc.," said Scott Frohman, Chief Executive Officer of Options Media Group. "We feel this acquisition will enable us to provide improved results for our customers. Additionally, our mobile marketing business will benefit from the overlapping synergies. I appreciate all the support from my former creditors and shareholders and look forward to building Options Media into a leader in the space."

About Options Media Group Holdings, Inc.

Options Media Group Holdings, Inc. is an email services provider for on-demand email marketing to create, send, and track professional and permission-based email marketing campaigns. Additionally, Options Media provides precision direct marketing solutions including email marketing, sms/mobile marketing, sms/keyword marketing, custom lead generation and creative services. Options Media provides clients with access to software, hardware, bandwidth, and exclusive domains and IP addresses, as well as the ability to upload and manage subscribers, and review and upload campaigns and track results for a 360-degree full-service customer marketing solution.