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Stingray Digital Signs Carriage Agreement with Columbus

Stingray's dominant position in Latin America further solidified

MONTREAL, QUEBEC -- (Marketwired) -- 01/30/14 -- Stingray Digital, the leading provider of multiplatform music services for Pay-TV Operators worldwide announced today it has signed an agreement with Columbus International Inc. (Columbus), a major, diversified telecommunications provider in the region, for the distribution of the Galaxie digital music service. This deal reinforces Stingray Digital's position as the leading supplier of digital music services on television in the Caribbean and Latin America.

As of January 1, 2014, Columbus, under the brand Flow, will offer 50 channels of the Galaxie digital audio service to their Flow TV customers in four of their largest markets: Curacao, Grenada, Jamaica and Trinidad. The channel line-ups include local channels such as Caribbean Vintage Vibes, In the Dancehall Session, Soca Motion and many more.

"We have been speaking with Columbus about launching the Galaxie music service for many months," stated Eric Boyko, President and CEO of Stingray Digital. "We are pleased that this partnership is now in place and that it allows Columbus to offer our superior service, that includes the ability to provide custom channel line-ups tailored to the tastes of customers in each of their different markets, as well as an enhanced on-screen visual experience," Mr. Boyko concluded.

Rhea Yaw Ching, corporate vice president, sales and marketing at Columbus commented on the importance of the signing. "Our partnership with Stingray Digital, provides us the opportunity to deliver a more diverse and relevant product to our digital cable customers in keeping with our goal to ensure that our customers have access to the best offering available", she said.

About Stingray Digital Group

Stingray Digital is the leading multi-platform music service provider in the world, with more than 100 million subscribers in 113 countries around the world. Geared towards individuals and businesses alike, the company's commercial entities include leading digital music and video services Galaxie, Music Choice International, Concert TV and The KARAOKE Channel. The company also offers various business solutions, including sensory marketing solutions via its Stingray360 division and music licensing services through Stingray Music.

Majority-owned by Telesystem, Novacap and Boyko Investment Corporation, Stingray Digital is headquartered in Montreal and has over 200 employees in offices across Canada, as well as additional offices in Los Angeles, Miami, London and Tel Aviv. The company stood out in 2013 by ranking 15th on Deloitte's Technology Fast 50(MC) list, and figuring amongst PROFIT magazine's fastest growing Canadian companies. For more information, please visit www.stingraydigital.com.

About Columbus

Columbus International Inc. is a privately held diversified telecommunications company based in Barbados. The Company provides digital cable television, broadband Internet and digital landline telephony in Trinidad, Jamaica, Barbados, Grenada and Curacao under the brand name FLOW and in St. Lucia, St. Vincent & the Grenadines and Antigua under the brand name Karib Cable. Columbus also provides corporate data and cloud based services under the brand Columbus Business Solutions. Through its wholly owned subsidiary, Columbus Networks, the Company provides capacity and IP services, corporate data solutions and data center hosting throughout 42 countries throughout the greater Caribbean, Central American and Andean region. Through its fully protected, ringed submarine fiber optic network spanning more than 42,300 km and its 26,400 km terrestrial fibre and coaxial network, Columbus' 2,600 plus professionals provide advanced telecom services to a diverse residential and corporate client base of close to 600,000 customers. Visit www.columbus.co.

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