StationDigital Negotiates Re-pricing of its Acquisition of Alarming Devices, Inc.

StationDigital Negotiates Re-pricing of its Acquisition of Alarming Devices, Inc.

LOS ANGELES, March 24, 2014 /PRNewswire/ -- StationDigital, Inc. (the "Company"), an LA-based Internet radio and digital broadcast platform provider, today announced it has negotiated an amendment to the terms of its Stock Purchase Agreement to acquire control of Alarming Devices, Inc. (OTC: ALDV).

Timothy Roberts, Founder and CEO of StationDigital, announced, "Originally, StationDigital agreed to acquire a controlling position in ALDV for $200,000. However, based upon what we perceived is the strength and position of our company's business platform, the seller has agreed to a reduction of the purchase price by 50%."

The acquisition of control of ALDV by the Company is still subject to the completion of payment and the merger into ALDV. The deal would give StationDigital 91% ownership of ALDV. The merger is expected to be complete by the end of May.

About StationDigital, Inc.
StationDigital is a multimedia digital broadcast company that offers free music streaming, and a live station and recommendation service to more than two million users online, as well as via iOS and Android mobile apps. 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 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. Listener Rewards points are redeemable in the StationDigital online store to purchase music, merchandise and additional discounts. StationDigital is headquartered in Los Angeles. For more information, visit www.stationdigital.com or download the StationDigital app for Android or iOS mobile devices.

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, Inc.

StationDigital, Inc.

CONTACT: Courtney Cohen, ccohen@sspr.com, 847-415-9315

Web Site: http://www.stationdigital.com


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