AirMedia to Announce First Quarter 2010 Unaudited Financial Results on May 3, 2010 at 7:00 pm Eastern Time

BEIJING, April 21 /PRNewswire-Asia-FirstCall/ -- AirMedia Group Inc. ("The Company"), (Nasdaq: AMCN), a leading operator of out-of-home advertising platforms in China targeting mid-to-high-end consumers, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2010 after the U.S. market closes on Monday, May 3, 2010. The Company will hold an earnings conference call on the same day at 7:00 p.m. Eastern Time (7:00 a.m. on Tuesday, May 4, 2010 Beijing/Hong Kong Time).

    Conference Call Dial-in Information

    U.S.: +1 866 543 6411
    U.K.: +44 207 365 8426
    Hong Kong: +852 3002 1672
    International: +1 617 213 8900

    Pass code: AMCN

A replay of the call will be available for 1 week between 10:00 p.m. on May 3, 2010 and 10:00 p.m. on May 10, 2010, Eastern Time.

    Replay Dial-in Information

    U.S.: +1 888 286 8010
    International: +1 617 801 6888

    Pass code: 99530553

Additionally, a live and archived webcast of this call will be available on the Investor Relations section of AirMedia's corporate website at http://ir.airmedia.net.cn .

About AirMedia Group Inc.

AirMedia Group Inc. (Nasdaq: AMCN) is a leading operator of out-of-home advertising platforms in China targeting mid-to-high-end consumers. AirMedia operates the largest digital media network in China dedicated to air travel advertising. AirMedia operates digital TV screens in 40 major airports, including 29 out of the 30 largest airports in China. AirMedia also operates digital frames in 32 major airports, including the 15 largest airports in China. In addition, AirMedia sells advertisements on the routes operated by eight airlines, including the three largest airlines in China. In selected major airports, AirMedia also operates traditional media platforms, such as billboards, light boxes and other digital media, such as mega LED screens.

In addition, AirMedia has obtained exclusive contractual concession rights until the end of 2014 to develop and operate outdoor advertising platforms at Sinopec's service stations located throughout China.

For more information about AirMedia, please visit http://www.airmedia.net.cn .

    Investor Contact:

     Raymond Huang
     Investor Relations Director
     Tel:   +86-10-8460-8678
     Email: [email protected]

     Caroline Straathof
     IR Inside
     Tel:   +31-6-54624301
     Email: [email protected]

SOURCE AirMedia Group Inc.