AirMedia to Announce Third Quarter 2009 Unaudited Financial Results on November 10, 2009 at 8:00 pm Eastern Time

BEIJING, Oct. 28 /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 third quarter ended September 30, 2009, after the U.S. market closes on Tuesday, November 10, 2009. The Company will hold an earnings conference call on the same day at 8:00 p.m. Eastern Time (9:00 a.m. on Wednesday, November 11, 2009 Beijing/Hong Kong Time).

    Conference Call Dial-in Information

    U.S.: +1 800 299 0148
    U.K.: +44 207 365 8426
    Hong Kong: +852 3002 1672
    International: +1 617 801 9711

    Pass code: AMCN

A replay of the call will be available for 1 week between 10:00 p.m. on November 10, 2009 and 10:00 p.m. on November 17, 2009, Eastern Time.

    Replay Dial-in Information

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

    Pass code: 16750814

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 all of the 30 largest airports in China. AirMedia also operates digital frames in 30 major airports. In addition, AirMedia sells advertisements on the routes operated by 9 airlines, including the three largest airlines in China. In select 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 to develop and operate outdoor advertising platforms at Sinopec's service stations located throughout China until the end of 2014. AirMedia plans to install its advertising platforms in at least 3,500 service stations in major cities throughout China by the end of 2011, and in at least 8,000 service stations by the end of 2014.

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: ir@airmedia.net.cn

     Cynthia He
     Brunswick Group
     Tel:   +86-10-6566-2256
     Email: airmedia@brunswickgroup.com

SOURCE AirMedia Group Inc.