PlayNetwork Celebrates Banner Year, Announces Key Milestones and Drivers to Company...

PlayNetwork Celebrates Banner Year, Announces Key Milestones and Drivers to Company Success in FY2008

Strong growth in hospitality, retail sectors drives growth with
significant increases in subscriber locations, recurring revenue
REDMOND, Wash.--(Business Wire)--
PlayNetwork, a global leader in providing signature media
experiences for businesses, today announced significant strides in
strengthening its position as the sought after provider for a full
suite of branded media experiences. The company's success was fueled
primarily by an increase in the acquisition of several key national
accounts, substantial growth in subscriber locations, and significant
top-line revenue growth.

A number of new national accounts in the hospitality and retail
sectors led the way to significant growth in subscriber locations for
PlayNetwork's industry leading Music, Messaging and Video Media
Services. Subscriber counts jumped 68 percent for the fiscal year.
Recurring revenue, recorded a 31 percent increase, driven in
large-part by contract renewals and/or expansions from customers such
as Starbucks, Chili's Grill & Bar, The Timberland Company, Rubio's
Restaurants, Inc., Jockey International, Inc., dELiA*s, and lucy.

PlayNetwork has delivered a compound annual growth rate of more
than 37 percent from 2003 to March 31, 2008. This type of consistent
performance demonstrates PlayNetwork's passion in remaining an
innovative force in the market for its clients.

"Marketers are eager to partner with companies that possess the
creativity, passion and innovation to help them drive their brands
forward by creating memorable experiences for their consumers," said
Lon Troxel, executive chairman and CEO of PlayNetwork. "To celebrate
our best year ever, and indeed an impressive year in the industry,
shows that more brands are choosing to turn to PlayNetwork first. Our
complete suite of signature media experiences makes us the easy
choice."

The company's subscriber and revenue growth were supported by
several key partnerships, including a strategic relationship with XM
Satellite Radio, under which PlayNetwork will manage all commercial
business sales and service on behalf of XM under the new "XM for
Business" service. Partnerships with Crown Audio and C-nario, and
being named by Cisco as one of only four North American companies to
be a content partner for Cisco's "Academy of Digital Signage" (ADS),
continue to drive exposure for PlayNetwork in new industry markets and
position the company for ongoing growth.

About PlayNetwork

Established in 1996, Redmond, Washington-based PlayNetwork, Inc.
is an integrated media services leader for worldwide business.
PlayNetwork provides branded video (digital signage), audio (music and
messaging), promotional media, quality audio/video systems, and
professional services that deliver compelling experiences for retail,
hospitality, health and fitness, retail banking and other businesses.
The XM for Business service is now managed by PlayNetwork through a
new strategic relationship with XM Satellite Radio. More information
is available at www.playnetwork.com or www.xm4biz.com.

Company Contact:
PlayNetwork, Inc.
Heidi Keele, 425-497-8100
hkeele@playnetwork.com
or
Editorial Contacts:
PAN Communications
Jeff Dillow or Susan Lloyd, 978-474-1900
playnetwork@pancomm.com

Copyright Business Wire 2008