Global Traffic Network Adds New Station Groups in Vancouver and Toronto

2009-11-23 15:57:09 -

Global Traffic Network, Inc. (Nasdaq: GNET), a leading provider of custom traffic and news reports to radio and television stations outside the U.S., announced today that it has recently signed three new broadcast agreements with radio station groups in Vancouver and Toronto.

Starting December 12, 2009, Canadian Traffic Network, Global Traffic Network’s Canadian subsidiary, will provide traffic reports to Astral Media’s

three Toronto radio stations: CFRB (News Talk 1010), EZ Rock, and Virgin. In the Vancouver market, Astral Media’s Vancouver stations began airing the Company’s traffic reports in September on its two radio stations, Virgin Radio and CISL and Pattison Broadcasting commenced receiving the Company’s traffic reporting services November 1, 2009 on its two radio stations, The Peak and JR FM.

William Yde, Chairman and Chief Executive Officer of Global Traffic Network, said, “With the addition of these three station groups, Global Traffic’s network is now heard on most of the top stations in Canada. We have over 10 million listeners in Canada and we continue to put heavy emphasis on adding new station groups to strengthen our network in Canada.”


“Global Traffic Network has seen significant growth in the Canadian markets through partnerships akin to Astral and Pattison. It is an honor to service such well known and popular stations and we take this responsibility very seriously. These new relationships and our existing partnerships give us a world-class platform of commercial airtime that we sell to advertisers looking to reach broad, demographically diverse audiences,” concluded Mr. Yde.


About Global Traffic Network

Global Traffic Network, Inc. (Nasdaq: GNET) is a leading provider of custom traffic and news reports to radio and television stations outside the U.S. The Company operates the largest traffic and news network in Australia, operates traffic networks in eight Canadian markets and the largest national radio traffic network across the United Kingdom. In exchange for providing custom traffic and news reports, television and radio stations provide Global Traffic Network with commercial airtime inventory that the Company sells to advertisers. As a result, radio and television stations incur no out-of-pocket costs when contracting to use Global Traffic Network’s services. For more information, visit the Company’s website at www.globaltrafficnetwork.com : cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww .. .

This press release contains statements that constitute forward-looking statements. These statements reflect the Company’s current views with respect to future events. These forward-looking statements involve known and unknown risks, uncertainties and other factors, including those discussed under the heading “Risk Factors” and elsewhere in the Company’s annual report 10-K that may cause the actual results, performance or achievements to be materially different from any future results, performances or achievements anticipated or implied by these forward-looking statements. These statements can be recognized by the use of words such as “may,” “will,” “intend,” “should,” “could,” “can,” “would,” “expect,” “believe,” “estimate,” “ predict,” “potential,” “plan,” “is designed to,” “target” or the negative of these terms, and similar expressions. The Company does not undertake to revise any forward-looking statements to reflect future events or circumstances.


At KCSA Strategic Communications:Todd

Fromer / Marybeth Csaby212-896-1215 / 1236 tfromer@kcsa.com : mailto:tfromer@kcsa.com
/ mcsaby@kcsa.com : mailto:mcsaby@kcsa.com orAt

Global Traffic Network, Inc.:Scott Cody, Chief Financial

Officer,Chief Operating Officer212-896-1255 scott.cody@globaltrafficnet.com : mailto:scott.cody@globaltrafficnet.com