[AIRMEDIA GROUP INC. Herman Man Guo Chief Executive Officer 2 Description 99.1 Press release regarding the acquisition of concession rights in Beijing and Shenzhen airports 3 AirMedia Obtains Concession Rights in Beijing and Shenzhen Airports Company penetrates into traditional media Beijing, China — March 13, 2009 — AirMedia Group Inc. (Nasdaq: AMCN), operator of the largest digital media network in]