AirMedia to Announce Second Quarter 2010 Unaudited Financial Results on August 11, 2010 at 8:00 pm Eastern Time

AirMedia to Announce Second Quarter 2010 Unaudited Financial Results on August 11, 2010 at 8:00 pm Eastern Time

PR Newswire -- July 29, 2010

BEIJING, July 29 /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 second quarter ended June 30, 2010 after the U.S. market closes on Wednesday, August 11, 2010. The Company will hold an earnings conference call on the same day at 8:00 p.m. Eastern Time (8:00 a.m. on Thursday, August 12, 2010 Beijing/Hong Kong Time).

Conference Call Dial-in Information

U.S.: +1 800 901 5247 U.K.: +44 207 365 8426 Hong Kong: +852 3002 1672 International: +1 617 786 4501

Pass code: AMCN

A replay of the call will be available for 1 week between 11:00 p.m. on August 11, 2010 and 11:00 p.m. on August 18, 2010, Eastern Time.

Replay Dial-in Information

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

Pass code: 23034694

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 37 major airports, including 25 out of the 30 largest airports in China. AirMedia also operates digital frames in 33 major airports, including the 15 largest airports in China. In addition, AirMedia sells advertisements on the routes operated by eight airlines, including the three largest airlines in China. In selected major airports, AirMedia also operates traditional media platforms, such as billboards and light boxes, and other digital media, such as mega LED screens.

In addition, AirMedia has obtained exclusive contractual concession rights until the end of 2014 to develop and operate outdoor advertising platforms at Sinopec's service stations located throughout China.

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

Caroline Straathof IR Inside Tel: +31-6-54624301 Email: info@irinside.com

SOURCE AirMedia Group Inc.

Subject Codes: PC/t.100729203020994, PT/lang.en, PC/ticker, IN/ADV, IN/MLM, IN/PUB, IN/ITE, SU/CCA, RE/China, PC/priority.r, PC/category.f, PC/WAVO_..b.aa, PC/APT_..b.a, PC/DataFeat_natl3, PC/circuit_b, PC/trade_a, PC/wavo3_b, PC/wavo5_a, PC/wavo6_a, PC/Billing_NCH, PC/Billing_US1, PC/Billing_FC1, PC/Billing_IRW, PC/Billing_TNW, PC/Billing_RWB, PC/1stAcc_941219, PC/OtherAcc_908496, PC/port_26, PC/port_19, PC/port_96, PC/port_91, PC/port_32, PC/port_01, PC/port_30, PC/port_31, PC/port_33, PC/port_99, PC/prnpriority_P1, PC/contact, PC/website, PC/id_CNTH012

Company Codes: NASDAQ-NMS:AMCN