[SearchMedia Announces Shanghai, China, February 8, 2012 — SearchMedia Holdings Limited (“SearchMedia” or the “Company”) (NYSE Amex: IDI, IDI.WS), one of China’s leading nationwide multi-platform media companies, today announced that it now has direct equity control of its subsidiaries and has terminated its Variable Interest Equity (“VIE”) structure. Mr. Wilfred Chow, Chief Financial Officer of SearchMedia, commented, “We are pleased] [FORM 6-K January 23, 2012 SearchMedia Holdings Limited ——————————————————————————————————— Cayman Islands ——————————————————————————————————— (Jurisdiction of incorporation or organization) Floor 13, Central Modern Building ——————————————————————————————————— x x n/a SearchMedia Holdings Limited Paul Conway Paul Conway Chief Executive Officer Description 99.1 Press Release Issued February 8, 2012]