Cinaport Acquisition Corp. Announces Transfer to NEX and Reinstatement of Trading

Toronto, Ontario--(Newsfile Corp. - January 9, 2014) - Cinaport Acquisition Corp. (TSXV: CPQ.P) (the “Company”), a capital pool company pursuant to Policy 2.4 of the TSX Venture Exchange (the “TSX-V”), announced today that the Company has obtained the requisite regulatory approval from the TSX Venture Exchange for the transfer of its listing to NEX. The listing of the Company is scheduled to be transferred to NEX at the opening of market on Friday, January 10, 2014. The Exchange has also approved the reinstatement of trading of the Common Shares of the Company effective January 10, 2014. Upon completion of the transfer to NEX, the Company will continue to actively seek out opportunities to complete its Qualifying Transaction in the best interest of all shareholders.

Disclaimer for Forward-Looking Information

Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, will benefit the Company. The Company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward-looking statements unless and until required by securities laws applicable to the Company. Additional information identifying risks and uncertainties is contained in the Company’s filings with the Canadian securities regulators, which filings are available at www.sedar.com.

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) has reviewed or accepts responsibility for the adequacy or accuracy of this press release.

For more information, please contact:

Avi Grewal
President & Chief Executive Officer
Phone: (416) 213-8118 Ext. 210
E-mail: agrewal@cinaport.com