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Heelys to be Acquired by Sequential Brands Group f

IMNG, iMing Corp.

** IMNG recently reported that it prepares itself to be a major participant in the growing Internet TV Technology (Web TV) and Set-Top Boxes (STB) markets which supply high-definition television through the Web (Web TV) to consumers in China.

The worldwide set top box, dedicated device, market was $8.7 billion in 2011 and is expected to reach more then $15 billion by 2018, as next generation gateways and cloud computing are introduced to manage Internet connectivity to HD TV devices in the home.

IMNG plans to take part in this explosive market opportunity by offing consumers an affordable Set-Top Box that targets both the massive domestic market of Internet Users as well as the CATV users who have access to the internet by providing a cost effective means of access to television, sports, entertainment and full length movies on-line through the company's HD set top box products.

IMNG is positioning itself to be a leading technology solution provider of set-top boxes (STB) which supplies high-definition television through the Web (Web TV) in China, with the goal of being a leading provider of set-top boxes through out Asia and expanding into North America and Europe.

More about IMNG at www.imingcorp.com .

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HLYS, Heelys, Inc.

** HLYS and and Sequential Brands Group, Inc. reported that they have entered into an agreement and plan of merger dated December 7, 2012, pursuant to which Sequential will acquire all of the outstanding shares of common stock of HLYS for $2.25 per share in cash, or approximately $63.2 million.

The proposed merger with Sequential, which is subject to customary closing conditions, including receipt of HLYS stockholder approval, is expected to close in the first quarter of 2013.

HLYS designs, markets and distributes innovative, action sports-inspired products primarily under the HEELYS(R) brand targeted to the youth market.

More about HLYS at www.heelys.com

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