Former Vice President of Product Development Will Lead Expansion of TouchTunes' Strategic Partnerships and Product Design Resources

NEW YORK - August 16, 2011 - TouchTunes Interactive Networks, the largest interactive out-of-home entertainment network in North America with products in 50,000 locations, has named Ed Rivera Chief Innovation Officer. Mr. Rivera previously served as Vice President of Product Development.

In this new position, Rivera's responsibility will be expanding TouchTunes' leading-class product design resources and strategic partnerships in order to identify, validate and execute new consumer-centric, multi-platform products and services for operators and the industry.

"Since joining TouchTunes almost two years ago, Ed has been instrumental in the creation and successful launch of our new SmartJuke Virtuo," said Charles Goldstuck, TouchTunes' CEO. "He will now be leading our efforts as we move towards introducing additional new products and services for our operators, venues and patrons. I look forward to working with Ed during this exciting time for the company."

"I am very much looking forward to contributing to the continued growth of the company, with a particular emphasis on exploiting the target-rich consumer and market opportunities to define and exploit the leading paid on-demand location-based media network in the world," said Rivera.

Prior to TouchTunes, Ed Rivera was an advisor to the Chief Executive Officer and President of Worldwide Marketing at SONY Music Entertainment leading new business opportunities and company-wide restructuring programs. Rivera previously served as the Vice President of Marketing and Operations of the RCA Music Group which subsequently grew to include RCA Records, J Records, Arista Records, as well as the RCA Victor Group, where he was responsible for the operational oversight of the marketing and promotion environment. His product work has won numerous awards and has been featured in Communication Arts, The New York Times, ID Magazine and others. Rivera is a graduate of Ithaca College and received his MBA from Harvard Business School.

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About TouchTunes Interactive Networks
TouchTunes Interactive Networks is the largest interactive out-of-home entertainment network in North America. TouchTunes provides entertainment and marketing solutions to 50,000 bars and restaurants. Since TouchTunes introduced the world's first digital downloading, pay-per-play jukebox, the network has become the largest of its kind with close to 2 million songs played, on average, across the network every day. TouchTunes has a growing music library of more than three million licensed tracks, and delivered more than 750 million songs in 2010 alone. The company also provides TouchTunesTV, a unique, screen-within-a-screen interactive television experience that provides custom advertising capabilities, venue promotions and social networking opportunities. TouchTunes is a privately held U.S. corporation with offices in New York City, Arlington Heights, Illinois and Montreal, Canada. For further information please visit us at:
http://www.touchtunes.com
http://www.mytouchtunes.com
http://www.facebook.com/touchtunes
http://twitter.com/touchtunes

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