YOOIF Yangaroo Inc (PK)

YANGAROO Partners With Federation X Group for European Deployment

To Provide World Class Digital Distribution of Music and Music Video Files To Broadcasters

TORONTO, ONTARIO--(Marketwired - Apr 2, 2014) - YANGAROO Inc. (TSX-VENTURE:YOO)(OTCBB:YOOIF), the industry's leading secure digital media management and distribution company, today announced that it has partnered with a group headed by Federation X Holdings headquartered in Malmo, Sweden and its affiliate, Music2Be based in London, UK. This group will provide YANGAROO's industry leading digital delivery service to record labels, independent artists and promoters to deliver broadcast quality music audio and music video files to radio and television broadcasters and other destinations throughout the European Union plus Norway and Switzerland.

YANGAROO's Digital Media Distribution System (DMDS) is the leading delivery service for audio files to radio in Canada and is used extensively throughout the United States. YANGAROO's music video delivery service is the industry standard in North America delivering over 90% of all high-definition mainstream music videos to television broadcasters that include MTV/VH1, Revolt, Fuse, Music Choice, BET, CMT, GAC, MuchMusic, MusiquePlus, and many others.

"The music industry is evolving and changing and we want to be on the cutting edge of that change," said Torbjorn "Toby" Jorgensen, Chairman of the Board for Federation X Holdings. "YANGAROO has established itself as a leader in broadcast quality digital distribution in North America and it is our goal to offer this service throughout Europe and beyond."

"We share the 'Global vision' of our new partners," said Cliff Hunt, Vice Chairman and COO, YANGAROO Inc. "The ability of an independent artist in England to deliver their music and video to radio and television, not only in Europe, but to North America, Brazil, and other parts of the globe is where this industry is going and we look forward to playing a significant role in making this happen."

YANGAROO Awards is the leading digital awards show platform powering most of North America's major awards shows including the GRAMMYS, the Emmys, the MTV VMAs, the Academy of Country Music Awards, the BET Awards, the JUNOS, and many more.

Federation X Holdings and partners have acquired the exclusive rights for YANGAROO's music related services for the European Union including Norway and Switzerland, as well as first rights to negotiate for various additional territories.

About Federation X Holdings and Music2be:

FEDERATION X HOLDINGS INC. is a US Delaware company, founded 2006, with headquarters in Malmo, Sweden, and dedicated to the entertainment and media industry. The company focuses on bypass strategies - THE BIG(GER) PICTURE - creating new markets, formats, products, not comparable with existing industry competitors.

Federation X owns subsidiary ten legions specializing in each segment of the entertainment and media industry, and each legion is segments whose core business represents very remunerative parts of the total value chain.

MUSIC2BE LTD, based in London, UK, and one of the subsidiaries to Federation X's legions, is a cluster of music related businesses offering technologies and services for the music industry.

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.

Federation X Holdings Inc.Torbjorn "Toby" JorgensenCEO+46 40 474040t.jorgensen@federationx.comFederation X Holdings Inc.Goran AnderssonBusiness Developer+44 203 608 1545g.andersson@federationx.comMusic2Be LtdJacques KrischerCEO+44 20 8133 5301jacques@music2.beFor YANGAROO Industry Inquiries:Celia Vine, LLCDeanna Kennedy1 (413) 219-7588deannakennedy@celiavine.comFor YANGAROO Investor Inquiries:The Howard Group Inc.Dave Burwell1 (403) 221-0915dave@howardgroupinc.com