FAB Universal To Ring Closing Bell on NYSE

  FAB Universal To Ring Closing Bell on NYSE

Business Wire

PITTSBURGH -- January 11, 2013

FAB Universal (NYSE MKT: FU), a worldwide distributor of digital
entertainment, will be ringing The Closing Bell® at the New York Stock
Exchange on Monday, January 14^th, to celebrate the closing of the FAB

In commemoration of the event, Company representatives will take part in the
Closing Bell ceremony to officially close the market. Participating in the
event will be: FAB Universal’s Chief Executive Officer Chris Spencer, Chief
Financial Officer John Busshaus and VP of Media Technology Laurie Sims, among

“We’re excited to celebrate this business milestone with FAB Universal,” said
Scott R. Cutler, Executive Vice President, Head of Global Listings, NYSE
Euronext. “We wish FAB Universal continued success and look forward to a
long-standing partnership with the company and its shareholders.”

“Ringing The Closing Bell at the NYSE will be very special,” said FAB
Universal CEO, Chris Spencer. “We are humbled to participate in an event with
this organization that has such a long and remarkable history. Our tenure on
the New York Stock Exchange has been very rewarding. As we expand our business
internationally over the next few years we believe the NYSE and its global
reach is will provide the best value for our shareholders.”

About FAB Universal Corp:

FAB Universal Corp. is a global leader in digital media entertainment sales
and distribution. FAB delivers media to its customers worldwide through
Intelligent Kiosks, Retail Stores, Retail Franchises and online through Apple
iTunes and Google Android through three business units: Digital Media
Services, Retail Media Sales and Wholesale Media Distribution. We distribute
billions of movie, music, podcast, TV show and other digital files to
consumers in 240 countries. Sales of digital media are generated through
kiosks networks, subscription sales for mobile devices, smartphone Apps and
Netflix-like subscription models. In 2011, we distributed billions of
downloads of copyrighted music, video games, ringtones, ebooks, movies and
podcasts to over 50 million people worldwide through iPods, iPhones, iPads,
iTunes, Blackberrys, Windows Phones, Androids and many other devices and
destinations. We are a publicly held, Pittsburgh based company with thousands
of shareholders and a world-class team. Visit us on the web at
www.fabuniversal.com, email us at contact@fabuniversal.com.

Legal Notice

Legal Notice Regarding Forward-Looking Statements: "Forward-looking
Statements" as defined in the Private Securities litigation Reform Act of 1995
may be included in this news release. These statements relate to future events
or our future financial performance. These statements are only predictions and
may differ materially from actual future results or events. We disclaim any
intention or obligation to revise any forward-looking statements whether as a
result of new information, future developments or otherwise. There are
important risk factors that could cause actual results to differ from those
contained in forward-looking statements, including, but not limited to risks
associated with changes in general economic and business conditions, actions
of our competitors, the extent to which we are able to develop new services
and markets for our services, the time and expense involved in such
development activities, the level of demand and market acceptance of our
services, changes in our business strategies and acts of terror against the
United States.


Arthur Douglas and Associates
Art Batson, 407-478-1120
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