Adaptive Medias, Inc. announced that it has executed a Letter of Intent with OneScreen Inc. to enter into a joint venture or other business combination/transaction. The non-binding LOI provides, among other things, for the parties to cooperate and engage in due diligence on the other, in order that a definitive agreement may be negotiated and executed, with a transaction consummated on or before March 31, 2014. Any definitive transaction will be subject to board of directors, third-party, and shareholder approvals, as required.