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Moimstone Announces North American Distribution Agreement with Dot Communications

VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 03/24/14 -- Moimstone Corporation ("Moimstone") (TSX VENTURE:MSE) announces that it has signed an agreement with Dot Communications Ltd. ("DotComm"), a division of Global Integrated Solutions Ltd., whereby DotComm will become a distributor of Moimstone's portfolio of Voice over IP ("VoIP") and Wi-Fi digital phones for business-to-business and business-to-consumer customers across Canada and the United States.

"We look forward to working with the DotComm team," stated Rob Bakshi, CEO of Moimstone. "Combined with our other recently announced distribution agreements, our partnership with DotComm furthers our global strategy to take our products and solutions beyond South Korea and Japan."

"We are pleased to have Moimstone, an established player in the global VoIP market, as our first strategic partner for VoIP phones and Wi-Fi devices in North America," added Trevor Edmundson, CEO of DotComm. "Moimstone offers quality, feature-rich devices with smart design that are proven in large deployments and installations. Our experience in digital communication for enterprise, government and consumer markets combined with Moimstone's product portfolio, provide an opportunity for both companies to expand distribution networks and open up new sales channels in North America with our combined suite of products and services."

About Moimstone

Moimstone Corporation is a Canadian technology company principally engaged in the design, development, marketing, and sale of communications equipment and software. It has a wholly-owned Korean subsidiary with an eight year history of supplying VoIP telephone equipment and other products to major Korean and international telecommunications carriers. For more information regarding Moimstone, please refer to its respective public filings available at www.sedar.com.

About Dot Communications

Dot Communications Ltd., a division of Global Integrated Solutions Ltd., is a leading distributor and solutions provider of digital communications products and services for the enterprise, government and consumer markets. For more information, please visit www.dotcommunications.ca.

This press release has been prepared by Moimstone Corporation. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

Statements contained in this news release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities legislation. Forward Looking Information includes, but is not limited to, disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic conditions and courses of action. In certain cases, Forward-Looking Information can be identified by the use of words and phrases such as "plans", "expects" or "does not expect", "is expected", budget", "scheduled", "suggest", "optimize", "estimates", "forecasts", "intends", "anticipates", "potential" or "does not anticipate", believes", "anomalous" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-Looking Information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Although Moimstone has attempted to identify important factors that could affect Moimstone and may cause actual actions, events or results to differ materially from those described in Forward-Looking Information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that Forward-Looking Information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements.

Accordingly, readers should not place undue reliance on Forward-Looking Information. Except as required by law, Moimstone does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Contacts:
Moimstone Media Contact:
Rob Bakshi
President and Chief Executive Officer
+1-604-244-3700
[email protected]
www.moimstone.com

DotComm Media Contact:
Trevor Edmundson
Chief Executive Officer
+1-604-762-5600
[email protected]
www.dotcommunications.ca

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