AirMedia Group, the operator of a digital media network in China dedicated to air travel advertising, today announced that it expects its total revenues for the second quarter of 2008 to be between US$29.0 million and US$30.0 million, which represents a year-over-year increase of 242.4% to 254.2% from the same period of 2007 and a sequential increase of 34.3% to 38.9% from the first quarter of 2008.

This compares to the previously announced guidance of US$26.0 million to US$28.0 million in total revenues, representing a year-over-year increase of 207.0% to 230.6% and a sequential increase of 20.4% and 29.7%. Despite the impact of the Sichuan earthquake and the slowdown of air passenger volume growth, AirMedia is able to raise guidance due to stronger than expected results of all products lines, especially the digital frame business.

Herman Man Guo, Chairman and Chief Executive Officer of AirMedia, commented, "During the second quarter, we have expanded our digital frame network to another 16 major airports in addition to Beijing Capital International Airport."  The company plans to further expand its digital frame network to about 20 major airports in total.