Attached files

file filename
10-Q - QTRLY REPORT FOR THE QTR ENDED 6-30-11 - IN Media Corpg5337.txt
EX-31.2 - CFO SECTION 302 CERTIFICATION - IN Media Corpex31-2.txt
EX-99.1 - LETTER AGREEMENT - IN Media Corpex99-1.txt
EX-31.1 - CEO SECTION 302 CERTIFICATION - IN Media Corpex31-1.txt
EX-32.1 - CEO SECTION 906 CERTIFICATION - IN Media Corpex32-1.txt
EX-32.2 - CFO SECTION 906 CERTIFICATION - IN Media Corpex32-2.txt

                                                                    EXHIBIT 99.2

                              NUMERITY CORPORATION
                    256 W EL CAMINO REAL, SUNNYVALE, CA 94087

To IN Media Corporation
4920 El Camino Real, Ste 100,
Los Altos, CA 94022
December 31,  2010

                  REF PAYMENT TERMS FOR AMOUNTS DUE TO NUMERITY

Gentlemen:

As at December 31, 2010 IN Media Corporation owed Numerity  Corporation $467,000
in  respect  of  consulting  fees  payable  and $ 415,000  in respect of prepaid
license fees.  Numerity recognizes that IN Media is not in a position to pay its
debts,  nor will it likely be on a position to pay its debts to  Numerity  until
such time as it commences commercial shipments of its IP product offerings.

Accordingly,  for no charge,  Numerity will agree to extend the payment terms to
create a revolving  and interest free debt due one year and one day from receipt
of payment request by Numerity.

Any  additional  advances from Numerity to IN Media will be considered on a case
by case basis subject to mutual agreement.

Sincerely


/s/ Nitin Karnik
---------------------------------------------
Nitin Karnik, President, Numerity Corporation



/s/ Simon Westbrook.
---------------------------------------------
Simon Westbrook, CFO, IN Media Corporation