Gener8 3D Business Update

VANCOUVER, BC / ACCESSWIRE / October 29, 2014 / Gener8 Media Corp. ("Gener8" or the "Company") GNR is pleased to provide the following update on its 3D conversion business.

Gener8's 3D business continues to receive accolades for its unique 3D conversion technology. This technology is consistently recognized for its high quality, which meets or even exceeds natively filmed 3D. This high 3D quality has led to more invitations to bid on 3D conversion work than ever and a greater success rate on the Company's bidding efforts. In November, the Company will commence work on converting more 2015 movies than planned--including the previously announced "tent pole" release.

This increased volume of work will be completed by increasing the staff count at Gener8's Vancouver studio at a quicker pace than originally expected. In addition, Gener8 plans to increase its outsourcing capacity with its existing offshore vendor partnerships.

The Company's increased success is consistent with its 3D business strategy, which is to create and build a technology that disrupts the conversion sector of the postproduction industry. While Gener8's 3D business also comprises a significant service component, the Company's 3D strategy has also always included building stronger offshore partnerships to secure a bigger labour force and provide scalability as its 3D business grows. In the case of the Company's interest in China, access to the growing Chinese 3D market is also an important factor. Within the next year Gener8 plans to extend the use of its technology to Gener8's offshore partners, and ultimately to expand into other areas of consumer 3D products.

The highly anticipated 3D debut of The Grandmaster, converted entirely by Gener8 this past summer, is expected to be theatrically released in China during the Chinese New Year in January 2015. According to the movie's director, "This 3D movie will set a new standard for China 3D conversions." Initial previews of The Grandmaster are garnering positive responses for Gener8 from within the Asian market. The Company is already receiving a number of conversion requests from Chinese producers, and the movie has not even been released. In addition, the movie's success is creating several opportunities for Gener8 in the form of potential business and investment partnerships in China.

Gener8 continues to pursue the completion of the Asset Purchase Agreement with Tianjin Fu Feng Da Movie & Television Technology Investment and Development Co., Ltd. ("FFD"). The Company has offered to complete the Agreement and to give FFD credit for the $3 million, which it advanced to Gener8, provided the Agreement closes by December 31, 2014. If FFD is unable to complete the Agreement, the Company intends to contest any claim by FFD for repayment of the $3 million.

About Gener8

Gener8 Media Corp. is a media technology company led by a team of gaming industry veterans. At the forefront of postproduction, the company earned its stripes by developing a proprietary 3D conversion technology, garnering high-profile credits including Godzilla, Maleficent and 300: Rise of an Empire. Gener8 has since expanded into offering visual effects services and a cloud-based data management and analytics solution called Cumul8. With its focus on developing disruptive solutions that combine design and technology, Gener8 funded and then acquired a majority interest in Reelhouse Media Ltd., an online entertainment distribution start-up. Gener8's head office is located in Vancouver, British Columbia. Visit the company website at www.gener8.com.

On Behalf of the Board of Directors

"Rory Armes"
Rory Armes
Chief Executive Officer and Director

The CSE does not accept responsibility for the adequacy or accuracy of this release.

Forward Looking Statements

Except for statements of historical fact, this news release contains certain forward-looking statements within the meaning of applicable securities law. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" occur. Although Gener8 believes that the expectations reflected in the forward-looking statements are reasonable; there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including, without limitation, risks with respect to: closing the definitive agreements respecting the transaction with FFD, obtaining all regulatory and third party consents, meeting our contractual timelines and milestones on our 3D film conversion contracts; general economic conditions in Canada and globally; film industry conditions; competition for, among other things, capital and skilled personnel; changes in economic and market conditions that could lead to reduced spending on 3D film conversion; potential delays or changes in plans with respect to deployment of services or capital expenditures; our ability to hire and retain qualified employees and key management personnel; possibility that government policies or laws may change; amount and timing of operating costs and capital expenditures; the success of certain business combinations engaged in by the Company or by its competitors; possible disruptive effects of organizational or personnel changes; technological change, new products and standards; risks related to acquisitions and international expansion; reliance on large customers; reliance on a limited number of suppliers; risks related to the Company's competition; the Company's failure to adequately protect its intellectual property; interruption or failure of information technology systems; the risk that the transaction may not be completed as planned, or at all; and business, legal and/or regulatory risks relating to Gener8's business, financings and strategic acquisitions. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise

For more Information, please contact:

Danielle Rockel
Vice President of Corporate Affairs
Danielle@gener8.com
Suite 100, 138 East 7th Avenue
Vancouver, British Columbia, V5T 1M6
Phone: (604) 669-8885
Fax: (604) 669-8855

SOURCE: Gener8 Media Corp.