Mood Media Announces Addition of Two New Independent Directors

Jan Heppe, Scott Williams Appointed as Independent Directors

TORONTO, March 1, 2016 /CNW/ - Mood Media Corporation ("Mood Media", "Mood" or the "Company") (TSX: MM), announced that the Board of Directors has appointed Jan Heppe and Scott Williams as new independent directors, effective today.

Ms. Heppe has extensive retail industry experience in sales, store operations, distribution and merchandising. She recently retired as President, Burberry Americas, a division of Burberry Group PLC, an iconic global fashion brand operating retail and wholesale businesses, as well as a licensing network, selling men's and women's designer apparel and accessories worldwide. Ms. Heppe joined Burberry in 2001 as senior manager of luxury stores in the U.S. and was responsible for all store operations. In her position as President, Americas she had full P&L responsibility for all of Burberry's operations in the U.S., Canada and Latin America. Prior to Burberry, Ms. Heppe served as Senior Vice President and Director, Stores of Loehmann's Holdings Inc. and Senior Vice President and General Manager of John Wannamaker Department Stores.

Mr. Williams is a seasoned retail expert and is currently President of Cabela's Inc., a leading specialty retailer and the world's largest direct marketer of hunting, fishing, camping and related outdoor merchandise. Mr. Williams joined Cabela's in 2011 and has served in the positions of Executive Vice President and Chief Commercial Officer as well as Executive Vice President and Chief Marketing and E-Commerce Officer. Prior to Cabela's, he served as President of Fanatics, a vertically integrated online retailer of team and league licensed sports apparel and collectibles. Mr. Williams has also served as Corporate Vice President of Walmart Stores, Inc., and held a series of key leadership positions at OfficeMax Incorporated, including Senior Vice President, OfficeMax Direct Business Segment, and Senior Vice President, Marketing.

"On behalf of the Board of Directors, I would like to welcome Jan and Scott to Mood Media," said Kevin Dalton, Chairman of the Board. "Jan and Scott have superb track records of leading and growing prominent retail businesses and are experts in their fields. Their wealth of knowledge will be a great contribution to Mood's strategic efforts to grow and broaden audio, visual and experiential solutions for the world's foremost global brands as well as local businesses."

About Mood Media Corporation

Mood Media Corporation (TSX: MM), is a global leader 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 more than half a million subscriber locations in over 40 countries. Mood Media'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 U.S. and all of the top 50 quick-serve and fast-casual restaurant companies.

For further information about Mood Media, please visit www.moodmedia.com.

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 of Mood Media. 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 in Mood Media's management discussion and analysis dated November 11, 2015 and Mood Media's annual information form dated March 31, 2015, both of which are available on www.sedar.com.

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 Inquiries: Randal Rudniski, Mood Media Corporation, Tel: [phone], Email: [email protected]; Media Inquiries: Sumter Cox, Mood Media Corporation, Tel: [phone], Email: [email protected]