Stingray Digital Group Inc.
TSX : RAY.A
TSX : RAY.B

Stingray Digital Group Inc.

July 14, 2016 10:00 ET

Stingray Secures Multi-Year Contract Renewal with the NCTC

MONTREAL, QUEBEC--(Marketwired - July 14, 2016) - Stingray Digital Group Inc. (TSX:RAY.A)(TSX:RAY.B), a leading business-to- business multiplatform music services provider, today announced it has signed a multi-year contract renewal with the National Cable Television Cooperative (NCTC) for its Stingray Music service. Under the terms of the renewal, the NCTC's 800 member companies will have continued access to 50 Stingray Music linear audio channels.

"We are extremely pleased to be renewing our relationship with the NCTC and its members," said Eric Boyko, President, Co-founder and CEO of Stingray. "Stingray's success is due in great part to the loyalty of clients such as the NCTC who see in Stingray a solid, innovative, and trustworthy long-term partner. We will continue to ensure that NCTC members' subscribers have access to the best curated music products and services available on the market."

Close to 1 million subscribers of NCTC members are currently receiving Stingray Music through Stingray's relationship with NCTC.

About Stingray

Stingray (TSX:RAY.A)(TSX:RAY.B) is a leading business-to-business multi-platform music and in-store media solutions provider operating on a global scale, reaching an estimated 400 million Pay-TV subscribers (or households) in 152 countries. Geared towards individuals and businesses alike, Stingray's products include the following leading digital music and video services: Stingray Music, Stingray Concerts, Stingray Brava, Stingray Djazz, Stingray Music Videos, Stingray Lite TV, Stingray Ambiance, Stingray Karaoke, Festival 4K, and iConcerts. Stingray also offers various business solutions, including music and digital display-based solutions, through its Stingray Business division. Stingray is headquartered in Montreal and currently has close to 300 employees worldwide, including in the United States, the United Kingdom, the Netherlands, Switzerland, France, Israel, Australia and South Korea. Stingray was recognized in 2013 and 2014 as a finalist in the Top 50 of Deloitte's Technology Fast 50™ list, and figures amongst PROFIT magazine's fastest-growing Canadian companies. In 2016, Stingray was awarded best IR for an IPO at the IR Magazine Awards - Canada. For more information, please visit www.stingray.com.

About National Cable Television Cooperative

The National Cable Television Cooperative, Inc. (NCTC) is a Kansas not-for-profit corporation that operates as a programming and hardware purchasing organization for its member companies who own and operate cable systems throughout the U.S. and its territories. NCTC seeks to maximize current and future opportunities to ensure the profitability, competitive stature and long term sustainability of its member companies.

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