Triton Radio Networks Acquires Waitt Media

April 30, 2008 – Triton Radio Networks and its subsidiary Dial Global Digital 24/7 announced today that it has purchased the assets of the Waitt Radio Networks, from NRG Media.

Waitt Radio Networks produces eleven (11) formats of radio programming, which are uniquely localized for affiliates. Dial Global will integrate these formats, as well as Waitt's commercial production service, into its Dial Global Digital 24/7 Formats offering. The combined Dial Global Digital 24/7 Formats will now reach over 925 stations.

"We're thrilled to add Waitt to our growing portfolio of radio programming properties," said Spencer Brown, CEO of Triton Radio Networks. "This is another strong signal to both our advertisers and our affiliated stations that we are committed to top quality programming and state of the art technology."

"No other company in the network space can offer stations these diverse choices," added Kurt Luchs, who will stay with the organization as Vice President and continue to manage the day-to-day operations in Omaha. "Thanks to what Dial Global has done on the ad sales side, this is already our best year ever. Joining forces at a deeper level will make an unbeatable combination."

"We are truly excited about the Waitt Media acquisition with their great formats, exciting technology and great team led by Kurt Luchs," said David Landau, Co-President/CEO, Dial Global. "This is a great complement to the Dial Global Digital 24/7 RADAR Network."

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Triton Radio Networks
Triton Radio Networks is a wholly owned subsidiary of the Triton Media Group, LLC and is the parent company of Dial Global.

About Dial Global
Dial Global is radio's largest full-service, independent radio network, providing national advertising sales representation for over 100 radio programs and networks in addition to Dial Global's own programming and services. Dial Global's programming division produces, syndicates and distributes more than 25 music programs and prep services in a variety of formats to over 3,000 radio stations nationwide including the Dial Global Digital 24/7 Networks.

About Triton Media Group, LLC
Triton Media Group, LLC, is a leading supplier of digital products and services to the media industry. Through its network radio division, Triton owns and operates Dial Global and MJI Interactive, the leading supplier of web content and interactive media tools for radio stations. Triton is a portfolio company of a fund managed by Oaktree Capital Management, L.P., a leading global investment management firm.

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