Court Approves Muzak Disclosure Statement

Court Approves Muzak Disclosure Statement

FORT MILL, S.C., Oct. 27 /PRNewswire/ -- Muzak Holdings LLC and certain of its subsidiaries (together, the "Company") today announced that the United States Bankruptcy Court for the District of Delaware (the "Court") has approved the Disclosure Statement filed in connection with the Company's proposed Plan of Reorganization and authorized Muzak to solicit approval of the Plan of Reorganization from its creditors.

The Court has scheduled a hearing to consider the approval of Muzak's Plan of Reorganization on January 12, 2010.

The Company has made substantial progress in its ongoing restructuring efforts and it intends to continue working closely with all of its stakeholders to position Muzak for a successful future. The Plan is supported by Muzak's largest secured and unsecured creditor, Silver Point Capital Advisors L.P., the official committee of unsecured creditors and an ad hoc committee of the Company's senior unsecured noteholders. In addition, the Company continues its efforts to procure exit financing to satisfy the claims of the senior secured lenders in full, in cash, as contemplated under the Plan.

Kirkland & Ellis LLP is serving as legal advisor and Moelis & Company is serving as financial advisor to the Company.

Additional information about Muzak's restructuring is available at the Company's website, www.muzak.com/restructuring. For access to court documents and other general information about the Chapter 11 cases, is available at http://chapter11.epiqsystems.com/muzak.

About Muzak

Muzak creates sensory experiences that reach more than 100 million people daily. Some of the largest brands in business trust Muzak to enhance their brand image. Muzak creates an endless variety of music programming from a catalog of over 2.6 million songs and produces targeted custom in-store and on-hold messaging. Through its national service and support network, Muzak designs and installs professional sound systems, digital signage, drive-thru systems, commercial television and more. For more information, visit www.muzak.com.

Forward Looking Statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to the safe harbor provisions created by that Act. In addition, forward-looking statements may be made orally in the future by or on behalf of the Company. Forward-looking statements can be identified by the use of terms such as "expects", "should", "may", "believes", "anticipates", "will", and other future tense and forward-looking terminology. There can be no assurance as to the actual results of the undertakings described herein. These forward-looking statements are made only as of the date of this report, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

Readers are cautioned that actual results may differ materially from those projected as a result of certain risks and uncertainties including those contained in the risk factor and safe harbor disclosures found in our most recent financial reports and releases available at http://info.muzak.com/investor/. These forward-looking statements are made only as of the date of this report, and we undertake no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.

MEDIA CONTACTS:
Meaghan Repko or Nicholas Lamplough
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449

Source: Muzak Holdings LLC

CONTACT: Meaghan Repko, or Nicholas Lamplough, both of Joele Frank,
Wilkinson Brimmer Katcher, +1-212-355-4449

Web Site: http://www.muzak.com/restructuring

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