Yangaroo Reports Annual and Fourth Quarter Results

YANGAROO Inc. (TSX VENTURE:YOO)(OTCBB:YOOIF), the leading secure digital media
management and distribution company, today announced its results for the year
and fourth quarter ended December 31, 2013. 


Revenue for the fiscal year 2013 was $3,494,490, 30% higher than in fiscal 2012.
Revenue for the fourth quarter was $1,059,481, 39% higher than the revenue for
the same period in 2012 and 27% higher than the previous quarter. The fourth
quarter of 2013 was the first operating cash flow positive quarter in the
company's history. The increase in revenue is primarily a result of greater use
of YANGAROO Advertising by ne w and existing customers, to deliver SD and HD ads
to television broadcasters. Growth also continued for music video delivery by
the major and independent record labels in the US and Canada, driven by the
addition of P-Diddy's Revolt Network, There was also significant growth from
YANGAROO Awards, with new revenue from The Emmys and the Latin GRAMMYS. YANGAROO
is also benefiting from having increasing revenues in $US, while the cost base
remains primarily in $Canadian. 


"The fourth Quarter was a major milestone for YANGAROO," stated Gary Moss,
President and CEO. "Not only was revenue in excess of $1M, but cash flow from
normal operations for the quarter was positive for the first time, as well.
Growth continues in all areas of the business, but we are starting to see
results from the scale that we have built in the Advertising division. We expect
to see this growth continue, year on year, with the full benefit of recent
signings impacting in the second half of 2014. We have also continued to invest
in the sales and support infrastructure in the first quarter, to ensure that we
maintain our industry leading service levels during this period of growth." 


Total operating expenses for the year ended December 31, 2013 was $560,547
higher than the previous year, primarily relating to the financing,
restructuring and issuance of stock options. The loss from operations for 2013
was $724,986, down from $968,715 in 2012 while revenue for the same period
increased by $804,276. Total operating expenses for the fourth quarter of 2013
were 25% higher than the same period in fiscal 2012, primarily due to stock
options costs. The loss from operations was down 32% ($62,310) and revenue was
up 39% ($298,201) for the fourth quarter of 2013 compared to the same period in
2012. Excluding the impact of non-cash and non-operating costs, the fourth
quarter of 2013 was the first quarter with positive cash flow of $29,221.


Summary of operating results for the years and fourth quarters ended December 31:



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$CDN                                    Year               4th Quarter      
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                                     2013        2012        2013      2012 
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Revenue                         3,494,490   2,690,214   1,059,481   761,280 
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Adjusted EBITDA (loss)           (649,084)   (877,829)   (119,886) (179,055)
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Net loss for the period        (1,630,434) (2,235,052) (2,081,643) (400,579)
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Loss per share (basic &                                                     
 diluted)                          (0.074)     (0.161)     (0.053)   (0.025)
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The full text of the financial statements and Management Discussion & Analysis
is available at www.yangaroo.com and at www.sedar.com.


About YANGAROO: 

YANGAROO, founded in 1999, is a company dedicated to digital media management.
YANGAROO's patented Digital Media Distribution System (DMDS) is a secure
cloud-based platform that provides users the ability to leverage technology;
automating dozens of steps to eliminate errors and streamline content delivery
efficiently. Content, such as music, music videos, and advertising can be
quickly distributed to a network of over 11,000 television, radio, media,
retailers, and other authorized recipients. The YANGAROO Awards platform is the
industry standard and powers most of North America's major awards shows.


YANGAROO has offices in Toronto, New York, and Los Angeles. YANGAROO trades on
the TSX Venture Exchange (TSX-V) under the symbol YOO and in the U.S. under
OTCBB: YOOIF. 


The statements contained in this release that are not purely historical are
forward-looking statements and are subject to risks and uncertainties that could
cause such statements to differ materially from actual future events or results.
Such forward-looking statements are made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995. The TSX Venture
Exchange does not accept responsibility for the adequacy or accuracy of this
release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
For Industry Inquiries:
Celia Vine, LLC
Deanna Kennedy
1 (413) 219-7588
deannakennedy@celiavine.com


For Investor Inquiries:
The Howard Group Inc.
Dave Burwell
1 (403) 221-0915
dave@howardgroupinc.com
Yangaroo (TSXV:YOO)
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