Mood Media CEO Lorne Abony nominated for Ernst & Young Entrepreneur of the Year in Ontario

Mood Media CEO Lorne Abony nominated for Ernst & Young Entrepreneur of the Year in Ontario

Award honors Canada's most impressive entrepreneurs

TORONTO, July 8, 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 CEO and Chairman
Lorne Abony has been named a finalist for Ernst & Young Entrepreneur of the Year.

The Canadian Entrepreneur of the Year program is in its 18th year of honoring the country's most impressive
entrepreneurs from all areas of business. Award winners are chosen
based on their vision, leadership, financial success and social
responsibility.

Mr. Abony is a successful entrepreneur with a strong track record in
creating shareholder value in ventures ranging from online pet supplies
to encryption software, and has raised more than $1 billion in capital
over the past 10 years.

"Businesses -- and countries -- don't grow by standing still," said
Colleen McMorrow, National and Ontario Director of Entrepreneur of the Year. "Entrepreneurial thinking empowers companies to generate new jobs,
open new doors and seize new opportunities."

Formed by Abony 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. In May 2011 Mood
Media acquired Muzak for US$345 million to create the largest in-store
media provider in the world, nearly five times the size of its next
largest competitor. In June 2011, Mood Media was named Canada's
Fastest-Growing Company by PROFIT Magazine.

"I am proud to be recognized for entrepreneurial achievement," said
Lorne Abony, CEO and Chairman of Mood Media Corporation. "I am
confident that more opportunities lie ahead for me, for our company,
and for businesses across Canada."

A native of Toronto, Canada, Abony has an MBA from Columbia Business
School, an L.L.B. from the International Law Centre at the University
of Windsor and a B.A. from McGill University. He sits on the board of
the Boston Foundation for Sight, and the advisory board of Der Grüne
Punkt - Duales System Deutschland GmbH (DSD) a leading provider in the
growing market of closed-loop recycled consumer and commercial
packaging.

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 150 million people every day
in more than 470,000 locations across 40 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.

SOURCE Mood Media Corporation

Mood Media Corporation

CONTACT: For more information on Mood Media Corporation visit www.moodmedia.com or contact: Jeremy Jacobs
Fleishman Hillard Inc. (New York)
+1-212-453-2498
Jeremy.jacobs@fleishman.com Alan O'Sullivan
Fleishman-Hillard (London)
+44 20 7395 7017
alan.osullivan@fleishmaneurope.com

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