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To: Glenn Petersen who wrote (2048)	11/2/2009 4:18:16 PM
From: Glenn Petersen	Respond to of 3862

The shareholders of Ideation Acquisition Corp. (stock symbol: [t]IDI[/t]) have approved the acquisition of SearchMedia International Limited: Ideation Acquisition Corporation Announces Completion of Acquisition of SearchMedia International Ltd. Press Release Source: Ideation Acquisition Corporation On 9:00 am EST, Monday November 2, 2009 WILMINGTON, DE--(Marketwire - 11/02/09) - Ideation Acquisition Corp. ("Ideation") (AMEX:IDI - News) (AMEX:IDI.U - News) (AMEX:IDI.WS - News) announced that it has completed the acquisition of SearchMedia International Ltd. The transaction was approved by the stockholders of Ideation at its special meeting on October 27, 2009 and was consummated on October 30, 2009. Ideation has changed its name to SearchMedia Holdings Limited ("SearchMedia") and its common stock, units and warrants continue to trade on the NYSE Amex under the ticker symbols: IDI, IDI.U, and IDI.WS, respectively. SearchMedia also announced that Robert Fried, former President and CEO of Ideation, has been named Co-Chairman of the Board of Directors of SearchMedia. "We are very proud to announce the completion of this strategic and very successful transaction with Ideation," stated Garbo Lee, President of SearchMedia. "We look forward to utilizing the capital from this transaction to execute our growth plans and to solidify our position as a leading nationwide multi-platform media company in China." About SearchMedia SearchMedia is a leading nationwide multi-platform media company and one of the largest operators of integrated outdoor billboard and in-elevator advertising networks in China. SearchMedia currently operates a network of over 1,500 high-impact billboards with over 500,000 square feet of surface display area and one of China's largest networks of in-elevator advertisement panels consisting of over 170,000 frames in 57 cities throughout China. SearchMedia ranked first in market share of in-elevator advertising displays in 13 out of the 26 most affluent cities in China and ranked second in an additional nine of these cities, according to a Nielsen Media Research report published in July 2008. Additionally, SearchMedia operates a network of large-format light boxes in concourses of eight major subway lines in Shanghai. SearchMedia's core outdoor billboard and in-elevator platforms are complemented by its subway advertising platform, which together enable it to provide multi-platform, "one-stop shop" services for its local, national and international advertising clients that numbered more than 780 cumulatively from its inception to July 31, 2009. <snip> finance.yahoo.com