Law Offices of Howard G. Smith Announces Investigation of MediaMind Technologies Inc.

Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of MediaMind Technologies Inc. (“MediaMind” or the “Company”) (NASDAQ:MDMD) related to the Company’s agreement to be acquired by DG FastChannel, Inc. (“DG”) in a proposed all-cash transaction.

Under the terms of the definitive agreement entered into by the parties, DG will commence a tender offer to purchase all of MediaMind’s outstanding shares for $22.00 per share in cash. MediaMind shareholders holding approximately 8.2 million common shares outstanding and 1.8 million options, as well as certain officers and pre-IPO investors, have agreed to tender their shares in the offer. The proposed transaction is expected to be completed in third quarter 2011. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the proposed transaction by MediaMind’s board of directors.

If you are a shareholder of MediaMind, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at http://www.howardsmithlaw.com.

Mediamind Technologies Inc. (MM) (NASDAQ:MDMD)
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