Axia NetMedia Corporation ("Axia") (AXX) and Partners Group AG ("Partners Group") are pleased to jointly announce the completion of the plan of arrangement announced on March 9, 2016 (the "Arrangement") involving Axia, the holders ("Shareholders") of common shares ("Shares") of Axia and Digital Connection (Canada) Corp. (the "Purchaser"), an entity owned by investment vehicles managed and/or advised by Partners Group, or its affiliates. Pursuant to the Arrangement, the Purchaser has acquired all of the outstanding Shares in exchange for cash consideration of $4.25 per Share. It is anticipated that the Shares will be delisted from trading at the close of markets on the Toronto Stock Exchange on or about August 2, 2016.

Axia understands that beneficial shareholders can typically expect payment approximately five to seven business days after closing. Beneficial holders hold their Shares through an intermediary such as a bank, broker or investment firm.

Registered Shareholders who have not already done so should submit their certificates representing Shares to Computershare Investor Services Inc., the depositary pursuant to the Arrangement, together with a completed letter of transmittal in accordance with the instructions set out therein in order to receive the cash consideration that they are entitled to receive pursuant to the Arrangement. Registered Shareholders hold a certificate representing their Shares. Letters of transmittal were previously sent to Shareholders and additional copies may be obtained by contacting Computershare Investor Services Inc. by telephone at 1-800-564-6253 (North America toll free) or 1-514-982-7555 (outside of North America) or by email at and are also available under Axia's profile on

Further details regarding the Arrangement can be found in Axia's management information circular dated April 7, 2016, which is filed on Axia's SEDAR profile at and is available on Axia's website at