AirMedia Announces 20-F Filing

AirMedia Announces 20-F Filing

BEIJING, April 29 /PRNewswire-Asia-FirstCall/ -- AirMedia Group Inc. (NASDAQ:AMCN), operator of the largest digital media network in China dedicated to air travel advertising, today announced it has filed its annual report on Form 20-F, including its audited financial statements for the fiscal year ended December 31, 2008, with the U.S. Securities and Exchange Commission ("SEC") on April 28, 2009. AirMedia's Form 20-F can be accessed on the Investor Relations page of the Company's website at http://ir.airmedia.net.cn/ , as well as on the SEC's website at http://www.sec.gov/ . Interested parties may also request a complimentary paper copy of AirMedia's complete audited financial statements by contacting ir@airmedia.net.cn .

About AirMedia Group Inc.

AirMedia Group Inc. (NASDAQ:AMCN) operates the largest digital media network in China dedicated to air travel advertising. AirMedia has contractual concession rights to operate digital TV screens in 53 airports, including all of the 30 largest airports in China. AirMedia also has contractual concession rights to operate TV-attached digital frames ranging from 46 to 52 inches and stand-alone digital frames ranging from 63 to 82 inches in 22 major airports. In addition, AirMedia has contractual concession rights to place its programs on the routes operated by 10 airlines, including the three largest airlines in China, and the exclusive rights in mainland China to sell advertisements on Cathay Pacific Airline and Dragonair's routes. In select major airports, AirMedia also operates traditional media platforms, such as billboards, light boxes, and mega display screens. For more information about AirMedia, please visit http://www.airmedia.net.cn/ .

For more information, please contact:

Investor Contact:

Raymond Huang
Investor Relations Director
AirMedia Group, Inc.
Tel: +86-10-8460-8678
Email: ir@airmedia.net.cn

Cynthia He
Brunswick Group
Tel: +86-10-6566-9504
Email: airmedia@brunswickgroup.com

Source: AirMedia Group Inc.

CONTACT: Investor Contact: Raymond Huang, Investor Relations Director of
AirMedia Group, Inc., +86-10-8460-8678, or ir@airmedia.net.cn; Cynthia He of
Brunswick Group, +86-10-6566-9504, or airmedia@brunswickgroup.com

Web site: http://www.airmedia.net.cn/
http://ir.airmedia.net.cn/
http://www.sec.gov/

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