Digital Signage Central

eMedia Networks Corp. (EMM.v), a leading provider of music for retail and business environments, is providing an update on its progress and guidance for the current 2009 fiscal year. eMedia manufactures, markets and services its proprietary audio player to customers on two-to-five year contract terms.

Following its recent fiscal 2008 annual general meeting, the Company disclosed a 29% increase in subscribers over the prior year. For the most recent quarter ending June 30, 2008, eMedia Networks reported a total of 3,946 subscribers. Revenues compared to the prior year and the most recent quarter were up 15% and 19%, respectively. The Company delivered strong subscriber growth with no corresponding increase in headcount. The Company’s 2008 fiscal year ended March 31, 2008.

<< Growth through new markets ————————– >>

The Company recently completed a comprehensive strategic review. As a result, the Company expects to introduce two new products to grow and diversify its subscriber base while increasing its average revenue per subscriber (ARPU). eMedia also expects to continue to enter new vertical markets by expanding its sales efforts beyond apparel retailers, a segment with which the Company has had considerable success. During fiscal 2008, the company successfully won contracts in the gaming and entertainment segment as well as shopping malls and restaurants.

“We will be aggressive in exploiting our quality and cost advantage in both the US and Canada,” said Darren Reiter, CEO. “We are completing development on a new audio player as well as a new video player which we believe will be well-received by new and current clients seeking to increase sales and build their in-store brands.”

<< Growth through new products ————————— >>

eMedia intends to double its product portfolio through the introduction of a video player, expected during Q3. The video player will be designed to provide a low-cost solution for those retailers and businesses interested in digital signage. It will complement the Company’s current audio product (The emPlayer) or exist on its own. According to the latest survey from PQ Media’s Alternative Media Forecast, the average annual growth rate for digital signage is forecasted to be 22 percent for the next four years through 2012. Northern Sky Research estimates global digital signage installations to grow to 850,000 sites by 2018 from 210,00 sites in 2007. A 2007 study by OTX suggests that digital signage catches people’s attention better than any other media including billboards, magazines or television. This and other research suggests digital signage may become a preferred alternative to print media such as posters because of the ability to broadcast motion graphics and other custom moving pictures and content over time.

“The market for digital signage is a natural fit for us: it offers attractive growth possibilities and may well generate higher margins than our current audio offering,” said Jasvir (“Bill”) Athwal, CFO. “Once our video product is available, we will have an additional revenue stream to grow ARPU and achieve our desired subscriber levels.”

<< Fiscal 2009 guidance ——————– >>

During the Company’s 2008 annual general meeting, the Company announced it intends to achieve fourteen to sixteen percent revenue growth and fifteen to seventeen percent subscriber growth for the current fiscal year. It also announced that it expects to achieve profitability at 5,500 subscribers (the “break-even subscriber level”).

<< About eMedia Networks International Corp. —————————————– >>

eMedia provides custom music programming for in-store retail brands and other consumer environments. Since 1991, eMedia has provided an end-to-end audio solution for retailers that require music from fully-licensed major label artists to play in their stores. Through its low-cost emPlayer audio product, eMedia serves over 3,900 subscribers in North America. emPlayer is a proprietary audio player capable of playing CD-quality music and custom audio content from playlists controlled on-site or remotely through the internet. The Company trades on the TSX Venture Exchange under the symbol EMM. For more information, visit www.emedianetworks.com

<< Forward-Looking Statements Safe Harbor ————————————– >>

This press release contains forward-looking statements that we are establishing our full year 2009 guidance; that we will build on the momentum created in 2008; that we will continue to build on this momentum in 2008 and deliver value to our shareholders; that we have the right strategy, clear operational focus and the financial discipline to achieve eMedia’s eventual profitability; that we are getting more competitive in the marketplace and learning how to better use our scale to our competitive advantage; that in fiscal 2009 we will grow on both the top and bottom lines; that we anticipate new products to result in stronger sales growth and product mix gains, which will lead to improved margin performance in 2009 and beyond; our 2009 guidance, in particular, expected revenue growth and product mix gains will leverage overhead costs and increase operating margins, that the change in our product mix is a key driver in our ability to deliver higher sales at higher margins. These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those predicted in any such forward-looking statements. Such factors, include, but are not limited to, continued higher input costs, pricing actions, increased competition, our ability to differentiate our products from our competitors, increased costs of sales, unexpected manufacturing issues, regulatory actions or delays, unanticipated expenses such as litigation or legal settlement expenses, a shift in our product mix to lower margin offerings, risks from operating internationally and tax law changes. For additional information on these and other factors that could affect our forward-looking statements, see our filings with the TSX, including our most recently filed quarterly report at SEDAR.com. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this press release.

TSX Venture Exchange has not reviewed and does not accept any

responsibility for the adequacy or accuracy of this release.

SOURCE: Emedia Networks International Corp.

Media and Investors, Darren Reiter, CEO, (604) 742-3344, reiter@emedianetworks.com, Web site: http://www.emedianetworks.com; Address: Suite 200, 1862 West Broadway, Vancouver, British Columbia V6J 1Y9