News release Pixman Nomadic Media Inc.

The Caisse de dépôt et placement du Québec acquires units of Pixman Nomadic Media Inc.

Finance Montréal,
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The Caisse de dépôt et placement du Québec (the “ Caisse “) announces that it has purchased, through a private placement (the “private placement”), 13,888,888 units (“ units ”) of Pixman Nomadic Media Inc. (“Pixman”) at a price of CDN $0.18 per unit.

Each unit consists of one common share of Pixman (the “ common shares ”) and one-half of one common share purchase warrant (each whole such purchase warrant, a “ warrant ”).

Each warrant will confer to its bearer the right to acquire a common share of Pixman at a price of CDN $0.30 per warrant, for a period of two years following the issuance date of the units.

Through the private placement, the number of common shares of Pixman held by the Caisse will be 13,888,888 or 18.92% of such shares outstanding at the closing of the private placement. In addition, if the Caisse were to exercise its privilege with respect to each warrant underlying, its holding would represent a total of 20,833,333 common shares of Pixman, or 25.92% of such shares outstanding, on a partially diluted basis.

Furthermore, the Caisse has also concluded an agreement with regard to an additional subscription of $1,500,000 (the “additional private placement”), according to which the Caisse will receive a number of units (the “additional units”) established according to the weighted average of Pixman's stock prices for the 21 stock exchange days preceding the closing session of the $1,500,000 placement (the "reference price") less the maximum discount allowed by the TSX Venture Exchange rules. Each additional unit will consist of a common share and half a purchase warrant. Each whole purchase warrant will confer to its bearer the right to acquire a common share, on payment of an exercise price equivalent to the reference price, and this, for a 24-month period following the issue of the additional units. Notwithstanding the aforementioned, it is agreed that the Caisse shall not, at any time before the anniversary date of the closing of Pixnet Inc.'s (“Pixnet”) acquisition by Pixman, announced today, hold a number of shares greater than or equal to the number of shares held directly or indirectly by shareholder Daniel Langlois.

The conclusion of the additional private placement is conditional to various elements, the most important of which are the signature of a final subscribers' agreement, the ratification of the Pixnet acquisition agreement by Pixman's shareholders and the reaching of specific financial objectives by November 15, 2009.

This transaction was made for investment purposes and the Caisse could increase or decrease its investment in Pixman, subject to the previous, depending on market conditions or any other relevant factor.

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