Kangaroo Obtains Final Regulatory Approval on Settlement with Front Row Technologies



    MONTREAL, Sept. 2 /CNW Telbec/ - Kangaroo Media Inc. (TSX:KTV.V) confirms
that on August 28 2009 it obtained final regulatory approval from the TSX
Venture Exchange on the out-of-court settlement agreement dated April 8, 2009
and entered into between Kangaroo and Front Row Technologies, LLC ("Front
Row") to end a complaint filed in the United States District Court for the
Eastern District of Texas, Tyler Division by Front Row against Kangaroo and
other defendants.
    Under the out-of-court settlement agreement, Kangaroo and Front Row are
each transferring and aggregating their respective patent portfolios into a
newly-formed company ("FRIP") of which Front Row and its associates are the
sole shareholders and for which Kangaroo can appoint one of the three Board
directors. FRIP was also granted an option to purchase 19.9% of the issued and
outstanding common shares of Kangaroo for US$400,000 exercisable on December
31, 2012.
    FRIP will be responsible for all existing patents, funding and filing of
new patent applications and enforcement of the aggregated patent portfolio for
the benefit of Front Row and Kangaroo. Kangaroo has been granted a worldwide,
royalty-free, non-exclusive, assignable licence for the entire aggregated
patent portfolio in the field of handheld/mobile entertainment video and/or
data distribution and display systems. For a four-year period that began on
February 14, 2009, Front Row and its associates will, subject to certain
conditions, defend Kangaroo at no cost except for out-of-pocket expenses from
any lawsuits filed against it based on intellectual property infringement. In
addition, the aggregated patent portfolio will provide Kangaroo with greater
intellectual property protection, which will facilitate injunctive remedies
and damages in situations where a competitor infringes its protected
intellectual property.
    "I feel this is a very good step for Kangaroo Media. The patent suit
against us in 2008, forced us to take a hard look at our long term strategy
with respect to intellectual property and patent protection. It became clear
that we needed to have a strong intellectual property portfolio and we needed
to be prepared to defend our innovation and market creation against bigger
players who will undoubtedly move into this space. Therefore partnering for
this protection seemed a logical choice and our agreement with Front Row
Technologies affords us a much stronger IP portfolio as well as a protection
and prosecution partner to further enhance and defend our common interest and
share in the proceeds," explained Robert Mimeault, President and CEO of
Kangaroo Media.

    About Kangaroo Media Inc.

    Kangaroo Media Inc. is a market leader in enhancing the in-venue sports
fan experience. The company develops and commercializes hand-held wireless
audiovisual multi-functional entertainment systems that enable users to expand
and tailor their on-site viewing experience of sporting events. Kangaroo
Media's 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 tailor-made live-action sporting event on-site. Kangaroo Media,
headquartered near Montreal, Canada, is listed on the TSX Venture Exchange as
KTV.V. For more information, visit www.kangaroo.tv.

    Forward-looking Statements

    This news release contains forward-looking information. These statements
relate to future events or future performance and reflect management's current
expectations and assumptions. Such forward-looking statements reflect
management's current beliefs and are based on information currently available
to management of Kangaroo. A number of factors such as the benefit of the
Agreement, the leveraging of the intellectual property it creates and the
increased intellectual property protection it provides could cause actual
events, performance or results to differ materially from the events,
performance and results discussed in the forward-looking statements. These
forward-looking statements are made as of the date hereof and unless required
by law Kangaroo does not assume any obligation to update or revise them to
reflect new events or circumstances.

    
    Neither the TSX Venture Exchange nor its Regulation Services Provider (as
    that term is defined in the policies of the TSX Venture Exchange) accepts
    responsibility for the adequacy or accuracy of this release.
    
    %SEDAR: 00019975EF




For further information:

For further information: Rick Clements, Chief Financial Officer, (450)
595-2004, rclements@kangaroo.tv

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KANGAROO MEDIA INC.

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