Wow Unlimited Media Inc.'s (TSXV:WOW) board of directors, working closely with management, has commenced a process to explore potential strategic alternatives focused on maximizing shareholder value. These alternatives could include, among other things, an acquisition, a merger or other business combination, a financing, a sale of assets, a sale of the company, or other strategic transactions that may be available to the company. The Company has engaged Evolution Media Capital and Cormark Securities as financial advisors. In conjunction with the strategic review, the Company's Board has formed a Special Committee of independent directors to oversee the strategic review process. The Board is committed to fully evaluating appropriate strategic alternatives while concurrently supporting management and employees in their delivery of services to customers and partners. The Board believes that this course of action is in the best interests of the Company and its stakeholders. The Board has not set a timetable for this process nor has it made any decisions related to any strategic alternatives at this time. There can be no assurance that the exploration and review of strategic alternatives will result in a transaction. The Company does not intend to provide announcements or updates unless or until it determines that further disclosure is required by law.