Mood Media Announces Acquisition of Technomedia Solutions, a Premier Provider of Advanced Entertainment, Education and Consumer

Mood Media Announces Acquisition of Technomedia Solutions, a Premier Provider
    of Advanced Entertainment, Education and Consumer Experience Solutions

PR Newswire

TORONTO, Dec. 27, 2012

TORONTO, Dec. 27, 2012 /PRNewswire/ - Mood Media Corporation (ISIN:
CA61534J1057) (TSX:MM / LSE AIM:MM) ("Mood Media" or the "Company"), announced
today that it has acquired the assets of Technomedia Solutions and sister
company, GoConvergence, for approximately US$23 million in cash plus
contingent consideration payable in 2014, which is based on the profitable
growth of the operations.

Technomedia Solutions and GoConvergence are premier providers of the world's
most advanced media and technology innovations for multiple industries,
including retail, hospitality, theme parks, performing arts, museums, special
venue, education and others. Formed in 2001, Technomedia brings a total
turn-key model to create compelling consumer destinations for a diverse range
of customers, which include Abercrombie & Fitch, Hard Rock Café International,
Cirque du Soleil, Wanda Group as well as leading entertainment and education
clients globally. In 2012, Technomedia is expected to generate annual
revenues of US$43 million and EBITDA of US$5.7 million.

"Technomedia's leadership in the entertainment, education and consumer
experience categories worldwide will not only be a core focus of our
collective growth and development plan, they are a great fit with our assets
and strategy of transforming the point-of-sale environment using cutting-edge
media and technology solutions," stated Lorne Abony, Chairman and CEO of Mood
Media. "We see substantial opportunity to leverage the strengths of our
combined businesses to build a truly first class consumer-experience

"The transaction will be immediately accretive to Mood Media's shareholders
while accelerating the growth profile and competitive positioning of the
combined businesses. We are excited about the opportunity ahead and look
forward to utilizing our combined strengths to build on what Technomedia has
established in concert with Mood's initiatives to help our customers achieve
their goals."

About Mood Media Corporation

Mood Media Corporation (TSX:MM / LSE AIM:MM), is one of the world's largest
designers of in-store consumer experiences, including audio, visual,
interactive, scent, voice and advertising solutions. Mood Media's solutions
reach over 150 million consumers each day through 560,000 subscriber locations
in over 40 countries throughout North America, Europe, Asia and Australia.

Mood Media Corporation's client base includes 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.
Our marketing platforms include 77% of the top 100 retailers in the United
States and 100% of the top 50 quick-serve and fast-casual restaurant

For further information about Mood Media, please visit

About Technomedia Solutions

Based in Orlando, Florida, and with offices located throughout the United
States and London, Technomedia Solutions LLC led by industry veteran John
Miceli, is a premier provider of advanced audio-visual and interactive media
development, technology design, and integration services to a variety of
industries including: retail, theme park, museum, restaurant, corporate,
military, theatrical, special venue, corporate and educational markets. The
Company is committed to delivering world-class experiences to its clients and
their guests through the creative design and integration of technology and

Cautionary Statement Regarding Forward-Looking Statements

This press release contains  forward-looking statements. The words  "believe", 
"expect", "anticipate",  "estimate",  "intend",  "may",  "will",  "would"  and 
similar expressions  and the  negative  of such  expressions are  intended  to 
identify  forward-looking   statements,  although   not  all   forward-looking 
statements contain these identifying  words. These forward-looking  statements 
are  subject  to  important  assumptions,  including  the  following  specific 
assumptions:  general  industry  and  economic  conditions;  and  changes   in 
regulatory requirements affecting the businesses referred to. While Mood Media
considers these factors and assumptions to be reasonable based on  information 
currently available, they  may prove to  be incorrect. Historical  performance 
may not be indicative of future performance.

Known and unknown factors could cause actual results to differ materially from
those projected in the forward-looking  statements. Such factors include,  but 
are not  limited  to: the  impact  of  general market,  industry,  credit  and 
economic conditions,  currency  fluctuations  as  well  as  the  risk  factors 
identified in the Company's financial and regulatory disclosures.

Given these uncertainties, readers are  cautioned not to place undue  reliance 
on such forward-looking statements. All of the forward-looking statements made
in this press release are qualified  by these cautionary statements and  other 
cautionary statements  or  factors  contained  herein, and  there  can  be  no 
assurance that the actual results or developments will be realized or, even if
substantially realized, that they will  have the expected consequences to,  or 
effects on, Mood Media.

Forward-looking statements are given only as at the date hereof and Mood Media
disclaims any obligation to update  or revise the forward-looking  statements, 
whether as a result of new information, future events or otherwise, except  as 
required by applicable laws.

SOURCE Mood Media Corporation


Investor Enquiries

Randal Rudniski
Mood Media Corporation
Tel: +1 (416) 565 9295

Dominic Morley
Hannah Woodley
Panmure Gordon (UK) Limited
+44 20 7459 3600

North America Media Enquiries
Sumter Cox
Mood Media Corporation
Tel: +1 (803) 242 9147
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