LFP - Large-Format-Printing

AirMedia Announces Installation of 1,213 Digital Frames in 16 Airports

Wednesday 16. April 2008 - AirMedia Group Inc. (NASDAQ:AMCN), the operator of the largest digital media network in China dedicated to air travel advertising, today announced that by April 12, 2008, it had installed 1,213 digital frames in 16 airports across China.

AirMedia upgraded from light boxes or newly installed 889 digital frames, ranging from 46 to 50 inches, in 11 airports located in Beijing, Shenzhen, Chengdu, Hangzhou, Xi’an, Wuhan, Nanjing, Zhengzhou, Jinan, Hefei and Yantai. AirMedia also installed 324 large-size digital frames, ranging from 63 to 70 inches, in 9 airports located in Beijing, Shenzhen, Kunming, Chongqing, Changsha, Haikou, Zhengzhou, Ningbo and Hefei. AirMedia has been operating digital frames in Beijing Capital International Airport since December 2007 and will start to operate digital frames installed in other airports in April 2008.

”The digital frame installation is ahead of the schedule that we disclosed during our fourth quarter 2007 earnings conference call, which demonstrates our strong execution capability. Our operations team successfully delivered on our commitments,” commented Herman Man Guo, Chairman and Chief Executive Officer of AirMedia. ”We will continue to expand our digital frame network and expect to have over 2,000 digital frames in over 20 airports by the end of the second quarter this year. At that time we will have a national digital frame network and a leading market position as a digital frame operator in the air travel advertising sector, which will be the solid foundation for our continued growth in the coming years.”