In relation to the sale of GVE to Cinedigm, Ms. Powers, commented, “Gaiam’s entertainment media distribution business has a talented group of individuals and excellent leadership. The combination of this team and these entertainment assets under the existing Cinedigm brand and media distribution operations makes an excellent strategic fit and provides a solid platform for Cinedigm to continue growing its business and realize value from the increased scale.”Berenson & Company served as a financial advisor to Gaiam in connection with the transaction. The Company will provide more detail about this transaction during its earnings release call scheduled for November 7, 2013 at 4:30 p.m. ET. About GAIAM Gaiam, Inc. (NASDAQ: GAIA) is a leading producer and marketer of lifestyle media and fitness accessories. With a wide distribution network that following this transaction will consist of over 40,000 retail doors, 15,000 store within stores, 6,000 category management locations, and e-commerce and digital subscription platforms, Gaiam is dedicated to providing solutions for healthy and eco-conscious living and personal transformation. The Company dominates the health and wellness category and owns the largest library of conscious media. For more information about Gaiam, please visit www.gaiam.com or call 1.800.869.3603. This press release includes forward-looking statements relating to matters that are not historical facts. Forward-looking statements may be identified by the use of words such as “expect,” “intend,” “believe,” “will,” “should” or comparable terminology or by discussions of strategy. While Gaiam believes its assumptions and expectations underlying forward-looking statements are reasonable, there can be no assurance that actual results will not be materially different. Risks and uncertainties that could cause materially different results include, among others, introduction of new products and services, completion and integration of acquisitions, the possibility of negative economic conditions, and other risks and uncertainties included in Gaiam’s filings with the Securities and Exchange Commission. Gaiam assumes no duty to update any forward-looking statements.