Propel Media Reports Continued Profitability for Full Year 2015

• Revenues of $78.8 million and adjusted EBITDA of $24.0 million
• Accelerating gross margins of 57%
• Operating effectiveness improved as a result of successful merger integration

Irvine, California – March 31, 2016. – Propel Media, Inc. (OTCBB: PROM), a performance focused digital media company bringing together online video, display and mobile advertising technology and solutions to advertisers, app developers and publishers, today announced its financial results for the fourth quarter and full year ended December 31, 2015.

Fourth Quarter and Full Year 2015 Highlights:

• Revenue of $18.7 million for the fourth quarter of 2015
• $6.8 million in Adjusted EBITDA for the fourth quarter of 2015
• Revenue of $78.8 million for the full year 2015
• $24.0 million in Adjusted EBITDA for the full year 2015

“As one of the few profitable digital media companies, 2015 was a strong year for Propel Media,” said Bob Regular, Chief Executive Officer of Propel Media. “As a result of our successful merger integration, we achieved several important milestones that increased our agility and strategic advantage in today’s highly competitive advertising market. These milestones include a dedicated rebranding initiative under Propel Media, the expansion of our publisher development efforts, and effective consolidation across development teams and general and administrative functions. In addition, our investments in key video, native, and mobile advertising initiatives are gaining traction.”

Further details concerning the results of operations for the fourth quarter and year ended December 31, 2015 are contained in the Annual Report on Form 10-K that Propel Media filed yesterday with the Securities and Exchange Commission.

About Propel Media
Propel Media is a performance focused digital media company bringing together online video, display and mobile advertising technology and solutions to advertisers, app developers and publishers. Our mission is to provide exceptional performance for our partners.

The Company has offices in Irvine, CA and Jersey City, NJ. For more information visit: www.propelmedia.com