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NetDragon Websoft Inc. Enters into Agreement to Acquire Common Shares of ARHT Media Inc.

This press release is issued pursuant to Multilateral Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues.

NetDragon Websoft Holdings Limited ("NetDragon") (HKSE:0777) indirectly, through its wholly owned subsidiary NetDragon Websoft Inc. ("NetDragon (BVI)"), acquired beneficial ownership of 13,333,333 common shares in the capital ("Common Shares") of ARHT Media Inc. (the "issuer

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