Light Media Reports Q4-2012 Results

Light Media Reports Q4-2012 Results

Atlanta, Feb. 12, 2013 (GLOBE NEWSWIRE) -- Light Media (OTC Markets: LGMH),
Inspirational Media Specialist, announced today its results for the fiscal
year-end period December 31, 2012, as follows: 

*Revenues were $14,306 as of December 31, 2012 versus $17,837 for the
quarterly period ending September 30, 2012.

*Cost of sales were $1,658 as of December 31, 2012 versus $2,987 for the
quarterly period ending September 30, 2012.

*Selling, general and administrative expenses were $12,914 as of December
31, 2012 versus $14,265 for the quarterly period ending September 30, 2012.

3 Key Milestones in Q4-2012:

1.Closed Agreement to Divest Power 105.5 FM Terrestrial Radio property.
2.Repurchased 11,000 common shares in open market transactions, at an
    average price of $0.0176/share, leaving an available stock repurchase
    amount of 2,239,000 shares, via previously-announced Stock Repurchase
3.Attained Android App Developer Certification (Complementing Existing
    iTunes App Developer License), covering 89% of the smart device market.

"Exiting 2012, all friends and supporters of Light Media can continue to
rest-at-ease, regardless of the global macroeconomic climate, knowing that all
key corporate assets remain intact (free and clear) and unbound and
unrestrained by secured indentures and remain strategically positioned for
long-term opportunity and growth. Entering 2013, Light Media remains patiently
focused having persevered through the Great Recession as a leaner and more
agile multimedia conglomerate after 36 consecutive months of carefully
targeted cost-cutting measures, strategic investments/reinvestments and
realignments of business units and priorities, simultaneously while broadening
and deepening media platform and distribution expertise. Light Media
continues to alter the paradigm one-day-at-a-time, as the Inspirational Media
Specialist, and there is more Good News to come," said Danny Wilson, CEO,
Light Media. Ps. 112:6-8.

About Light Media: Light Media (OTC Markets: LGMH), Inspirational Media
Specialist, markets, produces and distributes inspirational music, video,
video games, print media and entertainment in the Inspirational Media space
through its network of radio, Internet, television, print and special events
global business platforms and marketing and alliance partners. Light Media is
also the 20th publicly-traded multimedia conglomerate in the United States.
For more information, please visit:;; or

Cautionary Note Regarding Forward-Looking Statements: This press release
contains statements, which may constitute "forward-looking statements" within
the meaning of the Securities Act of 1933 and the Securities Exchange Act of
1934, as amended by the Private Securities Litigation Reform Act of 1995.
Those statements include statements regarding the intent, belief or current
expectations of Light Media (OTC: "LGMH") and members of its management as
well as the assumptions on which such statements are based. Prospective
investors are cautioned that any such forward-looking statements are not
guarantees of future performance and involve risks and uncertainties, and that
actual results may differ materially from those contemplated by such
forward-looking statements.

A file accompanying this release is available at:

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