Print Updates Its E-commerce Website To Include More Product Categories And Adds Social Media Support

2013-01-16 01:00:16 -

news release
Investor Relations Information:

Rod Peterson

NeoMagic Corporation

Vice President, Administration and Information

(408) 428-9725 Updates Its E-commerce Website To Include More Product
Categories And Adds Social Media Support

San Jose, California - January 15, 2013,, a division of
NeoMagic Corporation (NMGC.PK), today announced it has expanded its multi-vendor
online marketplace by including more product categories beyond Consumer
Electronics and Media to include Health & Beauty, Toys, Art and Fashion.

Social media links like Twitter, Facebook, Pinterest and LinkedIn has been added
for each product listing so that buyers and vendors can share product
information with their friends and clients can now offer its vendors powerful e-Commerce tools for Sales
Tracking, Customer Communication, Sales Report Generation, Powerful Search
Engine and much more. MercadoMagico is committed to building a premier world-
class e-Commerce site, and providing customers with a unique buying experience.

 "By adding more product categories we are in line with our vision of creating a
one-stop shopping experience, "said Syed Zaidi, President and CEO of NeoMagic
Corporation. He continued, "Our commitment to offer exclusive product lines and
provide our vendors with world class tools will no doubt help position as a premier e-commerce site."
For more information, please contact Investor Relations at
About NeoMagic

NeoMagic designs and delivers consumer electronic device solutions with
semiconductors and software for video, television, imaging, graphics, and audio.
We provide low cost, innovative chip technology for tomorrow's entertainment and
communication needs.  Our solutions offer low power consumption, small form-
factor and high performance processing. As part of our complete system solution,
we deliver a suite of middleware and sample applications for imaging, video and
audio functionality, and we provide multiple operating system ports with
customized drivers for our products. Our product portfolio includes
semiconductor solutions known as applications processors. Our applications
processors are sold under the "MiMagic" brand name with a focus on enabling high
performance processor within a low power consumption environment. The Company
has developed the Horizon Digital Picture Frame kit using our MiMagic 6+
application processor.

Our capabilities give our partners and their customers' high quality answers to
excite and enhance the consumer's lifestyle. For more information, visit
NeoMagic owns and operates

MercadoMagico is a registered trademark.

Safe Harbor Statement
This press release contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. Such forward-looking
statements involve significant risks and uncertainties. Such statements may
include, without limitation, statements with respect to the Company's plans,
objectives, projections, expectations and intentions and other statements
identified by words such as "projects," "may," "could,"
"would," "should,"
"believes," "expects," "anticipates," "estimates,"
"intends," "plans," or
similar expressions. These statements are based upon the current beliefs and
expectations of the Company's management and are subject to significant risks
and uncertainties, including those detailed from time-to-time in the Company's
filings with the Securities and Exchange Commission, including our Form10-K's,
10-Q and 8-K's for 2007 through the date of October 31, 2010 hereof have been
made available to the Investor at  Information for the period
ending January 30, 2011 to the present is not available through the SEC due to
the cessation of the Company's required filings under the 1934 Act.  Actual
results, including, without limitation, the Company's ability to successfully
raise capital may differ significantly from those set forth in the forward-
looking statements. Forward-looking statements involve risks and uncertainties
that are subject to change based on various factors (many of which are beyond
the Company's control). For example, statements about our expectations in
connection with financings are subject to a variety of uncertainties and are
subject to change as a result of changes in circumstances that could make it
difficult for us to consummate such financings on terms acceptable to the
Company, or at all. The Company undertakes no obligation to update any forward-
looking statements, except as provided for by law.

NeoMagic is a registered trademark of NeoMagic Corporation and MiMagic is
trademarked. All other trademarks are the property of their respective owners.
NeoMagic disclaims any proprietary interest in the marks and names of others.

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