March 23, 2015 07:30 AM Eastern Daylight Time
SHANGHAI & ATLANTA--( BUSINESS WIRE )--Tiger Media, Inc. (“Tiger Media” or the “Company”) (NYSE MKT: IDI), a      Shanghai-based multi-platform media company, is pleased to announce that      it has completed the acquisition of The Best One, Inc. (“TBO”), parent      company of U.S.-based data solutions provider Interactive Data, LLC      (“Interactive Data”) (the “Acquisition”). Interactive Data is      headquartered in Atlanta, GA and has its primary technology office in      Seattle, WA. In connection with the Acquisition, the Company has      completed the domestication of Tiger Media as a Delaware company and a      reverse stock split of the Company’s ordinary shares at a ratio of      one-for-five that went effective after the close of business on March      19, 2015. The Company’s common stock continues to trade on the NYSE MKT      under the symbol IDI with a new CUSIP of 88674Y 105. “The Best One presents a strong opportunity for Tiger Media to enter the      scalable data fusion space alongside some of the prominent names in the      industry,” commented Dr. Phillip Frost, Tiger Media’s largest beneficial      owner, and CEO and Chairman of OPKO Health, Inc. (NYSE: OPK). “As a      large shareholder of Tiger Media, I am pleased with the direction of the      Company and its entrance into potentially lucrative new markets through      this acquisition.”
In addition to TBO serving as Tiger Media’s U.S. channel for expansion      of its China operations, the Company now has an established presence in      the data fusion industry through the Acquisition. Interactive Data has      successfully brought several data products to market which are realizing substantial growth and adoption as it continues to enhance its      offerings. Tiger Media will look to TBO’s veteran management team to      continue its aggressive growth plan in the multi-billion dollar data      fusion industry. With over half a century of combined industry experience, TBO’s      leadership is led by its Chairman Michael Brauser. As an investor and      operator in the data fusion market since its infancy, Mr. Brauser has      built market leading companies with revenues totaling over $2 billion. “We are pleased to consummate this merger and we are all enthused to      join the Tiger Media team,” commented Derek Dubner, CEO of TBO. “We      believe that the combined entity will capitalize on immediate synergies      that shall further facilitate and expedite our growth plans, delivering      significant value creation for our shareholders.”
Derek Dubner, CEO of TBO, and Peter Tan, CEO of Tiger Media, now serve      as Co-CEO’s of the combined entity. Robert Fried remains Tiger Media’s      Chairman of the Board. About Tiger Media, Inc.
Tiger Media is a Shanghai-based multi-platform media company in China      which provides advertising services in the out-of-home advertising      industry, including iScreen Outdoor LCD screens, billboards and street      furniture. Tiger Media’s network of street level LCD screen displays,      which captivate eye-level awareness, is complemented by outdoor      billboards which are mostly built on rooftops with good visibility from      far distances. Tiger Media’s network attracts advertising clients from a      wide range of industries including telecommunications, insurance and      banking, automobile, electronics and fast moving consumer goods. Learn      more at www.tigermedia.com . About Interactive Data, LLC
Interactive Data is a data solutions provider, historically delivering      data products and services to the Accounts Receivable Management (ARM)      industry for location and identity verification, legislative compliance      and debt recovery for over a decade. Interactive Data has served a niche      segment of the risk management industry, consisting of collection      agencies, collection law firms, and debt buyers. Interactive Data has      recently expanded the executive leadership team, adding significant      industry experience. Immediate capital infusion drives an enhancement      and broadening of current offerings as well as expansion into new      markets and services. Learn more at  www.id-info.com . FORWARD LOOKING STATEMENTS
This press release contains "forward-looking statements," as that term      is defined under the Private Securities Litigation Reform Act of 1995      (PSLRA), which statements may be identified by words such as "expects,"      "plans," "projects," "will," "may," "anticipate," "believes," "should,"      "intends," "estimates," and other words of similar meaning. Such forward      looking statements include statements about the anticipated benefits of      combining Tiger Media and TBO, expectations resulting from the closing      the Acquisition, whether Tiger Media can successfully enter the scalable      data fusion business, whether the combined entity will capitalize on      immediate synergies that will further facilitate and expedite our growth      plans delivering significant value creation for our shareholders, as      well as other non-historical statements about our expectations, beliefs      or intentions regarding our business, technologies and products,      financial condition, strategies or prospects. There are a number of      important factors that could cause actual results or events to differ      materially from those indicated by such forward-looking statements,      including: the risk that the business of TBO may not be integrated      successfully; the risk that the transaction may involve unexpected costs      or unexpected liabilities; the risk that synergies from the transaction      may not be fully realized or may take longer to realize than expected;      and the other risks set forth in Tiger Media’s Annual Report on Form      20-F, filed with the SEC on March 31, 2014, and Tiger Media’s proxy      statement for the Special Meeting of Ordinary Shareholder held on March      17, 2015, filed with the SEC on February 13, 2015, as well as the other      factors described in the filings that Tiger Media makes with the SEC      from time to time. The forward-looking statements contained in this press release speak      only as of the date the statements were made, and we do not undertake      any obligation to update forward-looking statements, except as required      under applicable law. We intend that all forward-looking statements be      subject to the safe-harbor provisions of the PSLRA. Contacts

Tiger Media Completes Acquisition of Interactive Data, LLC

Publicly traded Media Company to enter U.S. data fusion market      through strategic acquisition
December 15, 2014 08:00 AM Eastern Standard Time
SHANGHAI & ATLANTA--( BUSINESS WIRE )--Tiger Media, Inc. (“Tiger Media” or the “Company”) (NYSE MKT: IDI), a      Shanghai-based multi-platform media company, today announced that it has      entered into a definitive agreement to acquire The Best One, Inc.      (“TBO”), parent company of U.S.-based data solutions provider      Interactive Data, LLC (“Interactive Data”) (the “Acquisition”). Interactive Data is headquartered in Atlanta, GA and has its primary      technology office in Seattle, WA. Interactive Data’s recently expanded management team has been executing      on an aggressive growth plan in a multi-billion dollar market of risk      management and marketing data solutions. The Acquisition will give the      integrated company a strong foothold in the data fusion industry with a      management team that has helped mold the entire sector. “As a founding shareholder of Tiger Media, Inc., I am enthusiastic to      enter into the rapidly growing, multi-billion dollar industry of data      fusion,” said Dr. Phillip Frost, CEO and Chairman of OPKO Health, Inc.      (NYSE:OPK), and Tiger Media’s largest beneficial owner. “The      impressive track record of TBO’s management team in building the      dominant companies in this industry speaks for itself, and I believe      this will be a major player in the space.”
Commenting on the Acquisition, Robert Fried, Chairman of Tiger Media      stated, “We are excited to acquire TBO. We were looking for a U.S.      partner who would also be able to expand our China operations. We      believe this Acquisition with TBO will give our shareholders an      excellent opportunity to realize increased value on their investment.”
TBO’s executive leadership represents over half a century of combined      experience in the industry and is led by Chairman Michael Brauser. An      investor and operator in the data fusion market since its infancy, Mr.      Brauser has built market leading companies with revenues totaling over      $2 billion. Chief Scientific Officer of TBO, Ole Poulsen, was primary systems      architect of the data fusion industry’s leading products. The products      that Mr. Poulsen designed led to the sales of multiple companies      totaling over $1 billion in the aggregate. Under the terms of the merger agreement, current shareholders of Tiger      Media and TBO will own approximately 34% and 66% of the combined      company, respectively, following the Acquisition. Approximately 65% of      the shares to be issued to TBO shareholders in the Acquisition will be      non-voting preferred stock, and 30% of those shares will only be issued      upon achievement of certain revenue targets. The Acquisition is expected      to close in the first quarter of 2015, is subject to customary      conditions to closing as detailed in the merger agreement, as well as      the affirmative vote of a majority of the outstanding shares of Tiger      Media entitled to vote. In connection with the Acquisition, Tiger Media will be redomesticating      as a Delaware company. The affirmative vote of 2/3 of the votes cast at      the Tiger Media meeting will be required for domestication in Delaware. The structure of the transaction will be in the form of an acquisition      with TBO merging into a wholly-owned subsidiary of Tiger Media, with the      Tiger Media subsidiary as the surviving corporation that will now be      headquartered in Atlanta, GA. Following the Acquisition, Derek Dubner, CEO of TBO, will join Tiger      Media as Co-CEO along with Peter Tan, current CEO of Tiger Media. Robert      Fried will remain Chairman of the Board. Also, following the      Acquisition, Derek Dubner and Daniel MacLachlan will join the Tiger      Media Board, increasing the Tiger Media Board from five members to seven      members. Cassel Salpeter is acting as financial advisor and Akerman LLP is acting      as legal counsel to Tiger Media. Nason Yeager is acting as legal counsel      to TBO. About Tiger Media, Inc.
Tiger Media is a leading Shanghai-based multi-platform media company in      China which provides advertising services in the out-of-home advertising      industry, including iScreen Outdoor LCD screens, billboards and street      furniture. Tiger Media’s network of street level LCD screen displays,      which captivate eye-level awareness, is complemented by outdoor      billboards which are mostly built on rooftops with good visibility from      far distances. Tiger Media’s network attracts advertising clients from a      wide range of industries including telecommunications, insurance and      banking, automobile, electronics and fast moving consumer goods. Learn      more at www.tigermedia.com . About Interactive Data, LLC
Interactive Data is a data solutions provider, historically delivering      data products and services to the Accounts Receivable Management (ARM)      industry for location and identity verification, legislative compliance      and debt recovery for over a decade. Interactive Data has served a niche      segment of the risk management industry, consisting of collection      agencies, collection law firms, and debt buyers. Interactive Data has      recently expanded the executive leadership team, adding significant      industry experience. Immediate capital infusion drives an enhancement      and broadening of current offerings as well as expansion into new      markets and services. Learn more at www.id-info.com . FORWARD LOOKING STATEMENTS
This press release contains "forward-looking statements," as that term      is defined under the Private Securities Litigation Reform Act of 1995      (PSLRA), which statements may be identified by words such as "expects,"      "plans," "projects," "will," "may," "anticipate," "believes," "should,"      "intends," "estimates," and other words of similar meaning. Such forward      looking statements include statements about the anticipated benefits of      combining Tiger Media and TBO, expectations for closing the Acquisition,      as well as other non-historical statements about our expectations,      beliefs or intentions regarding our business, technologies and products,      financial condition, strategies or prospects. There are a number of      important factors that could cause actual results or events to differ      materially from those indicated by such forward-looking statements,      including: the ability of each of Tiger Media and TBO to satisfy the      closing conditions and consummate the transaction, including Tiger Media      obtaining the required shareholder approvals; the risk that the business      of TBO may not be integrated successfully; the risk that the transaction      may involve unexpected costs or unexpected liabilities; the risk that      synergies from the transaction may not be fully realized or may take      longer to realize than expected; and the other risks set forth in Tiger      Media’s Annual Report on Form 20-F, filed with the SEC on March 31, 2014, as well as the other factors described in the filings that Tiger      Media makes with the SEC from time to time. The forward-looking statements contained in this press release speak      only as of the date the statements were made, and we do not undertake      any obligation to update forward-looking statements, except as required      under applicable law. We intend that all forward-looking statements be      subject to the safe-harbor provisions of the PSLRA. ADDITIONAL INFORMATION AND WHERE TO FIND IT
This communication does not constitute an offer to sell or the      solicitation of an offer to buy any securities or a solicitation of any      vote or approval nor shall there be any sale of securities in any      jurisdiction in which such offer, solicitation or sale would be unlawful      prior to registration or qualification under the securities laws of any      such jurisdiction. In connection with the proposed Acquisition, Tiger      Media will file with the Securities and Exchange Commission (the "SEC")      a proxy statement in connection with a Special Meeting of its      shareholders. SHAREHOLDERS OF TIGER MEDIA ARE URGED TO READ THE PROXY      STATEMENT REGARDING THE PROPOSED TRANSACTION WHEN IT BECOMES AVAILABLE,      AS WELL AS OTHER DOCUMENTS FILED WITH THE SEC, BECAUSE THEY WILL CONTAIN      IMPORTANT INFORMATION. Shareholders of Tiger Media will be able to      obtain a copy of the proxy statement, as well as other filings      containing information about Tiger Media and TBO, without charge, at the      SEC's website ( www.sec.gov ). Shareholders of Tiger Media may also obtain copies of all documents      filed with the SEC, without charge, by directing a request to Tiger Media, Inc., ir@tigermedia.com . PARTICIPANTS IN THE MERGER SOLICITATION
Tiger Media and its directors, executive officers and other members of      management and employees may be deemed to be participants in the      solicitation of proxies from Tiger Media shareholders in connection with      the proposed transaction. Information regarding the persons who may,      under the rules of the SEC, be deemed participants in the solicitation      of Tiger Media’s shareholders in connection with the proposed      transaction will be set forth in the proxy statement when it is filed      with the SEC. Also, information about Tiger Media's directors and      executive officers is set forth in its Notice for Annual General Meeting      of Shareholders, which was filed with the SEC on November 19, 2014, and      its Annual Report on Form 20-F for the year ended December 31, 2013,      filed with the SEC on March 31, 2014, respectively. These documents are      available free of charge at the SEC's website at www.sec.gov ,      or by going to Tiger Media's Investor Relations page on its corporate      website at www.tigermedia.com . Contacts

Tiger Media Announces Agreement to Acquire Interactive Data, LLC

Interactive Data

Pcubed

Moody's Analytics

Morningstar

Cogent Healthcare

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

Fintech

Acquired

Interactive Data is a data solutions provider, historically delivering data products and services to the Accounts Receivable Management (ARM) industry for location and identity verification, legislative compliance and debt recovery for over a decade. Interactive Data has served a niche segment of the risk management industry, consisting of collection agencies, collection law firms, and debt buyers.

Date	12/15/2014
Round	Acquired
Amount
Investors	Tiger Media
Valuation	$XXM
Revenue	0 FY undefined
Sources	1

First funding	12/15/2014
Last Funding	12/15/2014
Investor	Tiger Media
Rounds	1 Acquired
Board Seats
Type	Corporation
Location	China

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Interactive Data

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Funding, Valuation & Revenue

Interactive Data Investors