ANGEL STREET CAPITAL INVESTS IN AIRKAST, INC.

Angel Street Capital recently completed an investment in AirKast, Inc.’s Series A Preferred Stock offering.  AirKast develops mobile applications which run on its AirBridge platform.  One of the industry verticals it has targeted includes Internet radio.  AirKast clients include many of the leading radio companies.  The company’s TuneKast offering allows stations to stream their content as part of its application.  Clients include ESPN, Radio Disney, Citadel Broadcasting, Salem Communications and many more.  Members of Angel Street Capital have previously invested in earlier AirKast funding rounds.  The company is growing rapidly and is well positioned to take advantage of the explosive growth occurring in mobile.