Kangaroo Media appoints new Chief Financial Officer

May 15, 2008 4:01:00 PM

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MONTREAL, May 15 /CNW Telbec/ - Kangaroo Media announces the appointment of Rick Clements as Chief Financial Officer of the company.

A chartered accountant, Mr. Clements has more than 15 years experience in senior financial roles with public companies in the technology sector. The scope of his experience covers the range of financial functions, including the build-out of robust reporting systems that provide comprehensive and real-time financial and operational information as well as the development of key performance and business metrics to better understand, plan, forecast and manage revenue and operational indicators.

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Prior to joining Kangaroo Media, Mr. Clements was Chief Financial Officer at Klocwork Inc. As well, over the years, he has held down senior finance and operational roles at Versatel Networks and OpenText Corporation.

"I am really pleased that Rick has accepted to join our company at this time. As we increase our focus on execution and delivering operational and financial results, his leadership and past experience will be a great addition to our young finance team. I am also convinced he will make a significant strategic contribution to our management team as we focus on growing the company, driving profitable operations and further building shareholder value," commented Robert Mimeault, President and Chief Operating Officer.

Mr. Clements whose appointment is effective June 2, 2008, will be based at the company's Mirabel office.

About Kangaroo Media Inc.

Kangaroo Media Inc. develops, manufactures, commercializes, sells and rents hand-held wireless audiovisual multi-functional entertainment systems that allow users to enhance their on-site viewing experience of sporting events. Kangaroo Media's unique proprietary technology delivers real-time video, audio and data content to each fan's hand-held Kangaroo TV device. It gives fans the ability to create their own live-action sporting event on-site. Kangaroo Media, headquartered near Montreal, Canada, is listed on the Toronto Stock Exchange (www.tsx.com) as KTV. For more information, visit www.kangaroo.tv.

(The TSX does not accept responsibility for the adequacy or accuracy of

this release.)

%SEDAR: 00019975EF


----------------------------------------------
Kangaroo Media: Robert Mimeault
 President & COO
 (450) 595-2043
 rmimeault@kangaroo.tv; Media Relations: Émilie Verret
 (514) 844-6665
 ext. 228
 emilie.verret@edelman.com

 
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