FAB Exclusively Launches Two New Albums

  FAB Exclusively Launches Two New Albums

Business Wire

PITTSBURGH, Pa. -- February 7, 2013

FAB Universal (NYSE MKT: FU), a worldwide distributor of digital media and
entertainment, today announced the exclusive release of two new albums through
its wholesale, retail and digital distribution channel. FAB exclusively
launched 17 albums in 2012 driving new customers to its retail and kiosk
channels and expanding the customer base for its wholesale division.

The two new albums, Super Model and Smell Li Lingyu, are now on sale
nationwide in China exclusively by FAB. “Exclusive distribution agreements
with top artists are a very effective means to drive new customers into FAB’s
retail and kiosk locations and expand the reach of our wholesale business,”
said Chris Spencer, FAB Universal CEO. “Similar to what Netflix (NASDAQ:NFLX)
and other new media distribution companies are currently moving towards, FAB
is looking to bring more exclusive content deals to its network of
distribution outlets, which we believe is the top network in all of China for
musicians and artists to launch their latest album, movie or TV series.”

FAB has aggressively been working to expand its media distribution platform to
include copyright licensing, artist management, album production and
distribution through its nationwide chain of retail stores, kiosks and
wholesale customers. Based on its current media distribution model, Net
Revenue for the FAB Universal distribution network was approximately $65
million for the first nine months of 2012.

These two new exclusive deals include artist Li Lingyu, who sold 8 million
copies of her last album and has sold over 80 million albums in her career. Li
Lingyu launched her most recent album exclusively through FAB with a launch
event at FAB’s Joy City flagship store in Beijing. Smell Li Lingyu was
produced by Tempo Group and Super Model, a new album from Wind Forest Volcano
Orchestra, was produced by the Taihe Rye Company.

(The above financial numbers are pro forma and are stated as if the FAB
acquisition had occurred on January 1, 2012. The three quarters of operating
results would have resembled the above numbers which was disclosed in our
third quarter Form 10-Q filing underUnaudited pro forma condensed
consolidated financial information.)

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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