Mood Media Named Canada's Fastest-Growing Company

Mood Media Named Canada's Fastest-Growing Company

TORONTO, June 1, 2011 /PRNewswire/ - Mood Media Corporation (TSX:MM/ LSE
AIM:MM), the  leading global provider of in-store media, music, digital
signage and scent solutions, today announced that it has been named the
fastest-growing company in Canada by PROFIT Magazine.  With US$145
million dollars in sales in 2010, representing an impressive 72,384%
growth since 2005, Mood Media tops the PROFIT 200 list, which profiles
the country's most successful growth companies.  With the recently
completed acquisition of U.S.-based Muzak, Mood Media has trailing
twelve months (LTM) revenue of approximately US$400 million on a pro
forma basis, and trailing LTM EBITDA in excess of US$114 million.

Formed in 2005, Mood Media has become a global leader through a
combination of disruptive innovation in music licensing and media
convergence and a series of strategic acquisitions.

"We are very proud to be recognized for our financial performance and
entrepreneurial achievement," said Lorne Abony, CEO and Chairman of
Mood Media Corporation. "To be recognized as Canada's fastest-growing
company by one of Canada's leading business magazines honours the
commitment of our employees to create and deliver memorable consumer
experiences that increase loyalty, create brand differentiation, and
maximize point-of-sale revenues for our clients."

The PROFIT 200 ranks Canada's Fastest-Growing Companies by five-year
revenue growth. Published in the summer issue of PROFIT and online at
PROFITguide.com, the PROFIT 200 is Canada's largest annual celebration
of entrepreneurial achievement.

"We are confident that considerable future opportunities for growth lie
ahead," said Lorne Abony. "The market for in-store media remains
largely untapped, with industry penetration at less than 10 percent of
addressable retail locations globally, and we are ideally positioned to
capitalize on these opportunities."

Ian Portsmouth, Editor-in-Chief of PROFIT magazine, said: "The PROFIT
200 companies are the innovative, high-growth enterprises Canada needs
to compete on the global stage.

"PROFIT is proud to celebrate their achievements and ambitions, and we
encourage all businesspeople to learn more about the many ways they've
come so far, so fast."

About Mood Media Corporation

Mood Media Corporation (TSX:MM/ LSE AIM:MM) is a leading in-store media
specialist that uses a mix of music, visual and scent media to help its
clients communicate with consumers with a view to driving incremental
sales at the point-of-purchase.

Through its subsidiaries Mood, Muzak and Mood Entertainment, Mood Media
Corporation's products and services reach 100 million people every day
in more than 470,000 locations across 39 countries throughout North
America, Europe, Asia and Australia.

Mood Media Corporation operates an international in-store media and
music retail business with an extensive geographic footprint and a
broad client base including more than 850 U.S. and international brands
in diverse market sectors that include: retail, from fashion to
financial services; hospitality, from hotels to health spas; and food
retail, including restaurants, bars, quick-serve and fast casual
dining.

For more information on Mood Media Corporation visit www.moodmedia.com

About PROFIT Magazine

PROFIT: Your Guide to Business Success is Canada's preeminent
publication dedicated to the management issues and opportunities facing
small and mid-sized businesses. For 29 years, Canadian entrepreneurs
and senior managers across a vast array of economic sectors have
remained loyal to PROFIT because it's a timely and reliable source of
actionable information that helps them achieve business success and get
the recognition they deserve for generating positive economic and
social change.

Visit PROFIT online at PROFITguide.com.

SOURCE Mood Media Corporation

Mood Media Corporation

CONTACT: Jeremy Jacobs 
Fleishman Hillard Inc. 
+1-212-453-2498

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Profile: intent