Media Release 9 January 2015 Invigor obtains rights to key stake in Piksel Inc Invigor Group Limited (ASX: IVO) (“Invigor”) advises that it has the right to obtain c7% of the issued shares of Piksel Inc (“Piksel”). Piksel is the reorganised incorporation of Kit Digital Inc which filed for chapter 11 (bankruptcy) in 2012 following its delisting from the NASDAQ. The chapter 11 filing came after KIT Digital had purchased the assets of Hyro Limited (the former identity of Invigor) for $15m earlier that year and failed to pay its full consideration. Invigor has now received 14.1m warrants in Piksel exercisable at $0.205 which represents circa 7% of the company’s issued shares. Invigor is in discussions with funding parties interested in taking a stake in Piksel and reviewing their financial details which were made available to Invigor under a court order earlier this week. Mr. Gary Cohen, Executive Chairman, said “We are currently working with parties interested in taking a cornerstone stake in Piksel with an aim to exercise the warrants by the 22nd January.” For further information, please contact: Gary Cohen Executive Chairman +61 2 8251 9600 "This announcement is for informational purposes only. This announcement is not an offer to purchase or a solicitation of an offer to purchase any securities." About Piksel Inc Piksel Inc create and manage OTT video monetization solutions for some of the world's leading media brands: AT&T U-verse, BSkyB, Channel 4, Mediaset, Sky Deutschland, Sky Italia, Vodafone and more. Headquartered in New York City, Piksel offices can be found throughout Europe and the Americas. For more information see – www.piksel.com About Invigor Group Limited Invigor Group is a leading information technology and digital solutions company. It specialises in innovative business intelligence, big data solutions which are supported by strategic consulting, development and marketing services.. .