2014

Clear Channel Outdoor to Push the Limits of Static Displays; Names Michael Hudes EVP of Corporate Development Long-Time Digital Media Strategist Will Drive Innovation

in Newly Created Position



    PHOENIX, April 12 /PRNewswire-FirstCall/ -- Clear Channel Outdoor today
 stepped up its commitment to creating innovative opportunities for advertisers
 with the announcement that long-time digital media strategist Michael Hudes
 has assumed the new position of Executive Vice President, Corporate
 Development.
     "We have decided to actively seek out developing technologies that enable
 us to remotely and instantaneously change static signage," announced Clear
 Channel Outdoor CEO Paul Meyer. "In parallel, we are determined to create
 fresh opportunities for advertisers through the aggressive and cost-effective
 deployment of existing new sign technologies.  Michael's entrepreneurial
 spirit and extensive experience in digital media are a perfect fit for these
 important tasks."
     Clear Channel Outdoor's comprehensive range of cutting-edge properties
 includes Clear Channel Airports, Clear Channel Malls, Clear Channel Taxis and
 its spectacular sign division, Clear Channel Spectacolor.
     "Technology is changing the fundamentals of the advertising industry; and
 as society becomes increasingly mobile, Clear Channel Outdoor is positioned to
 maximize the potential of these technological changes," said Hudes. "We will
 focus on creating new products that are more flexible and effective in
 enabling advertisers to deliver more timely and relevant information to
 consumers. The end result will be to increase the value of out-of-home media
 in the advertising landscape."
     Hudes will be based in northern California, in the company's Bay Area
 office.
     Prior to joining Clear Channel Outdoor, Hudes was president and chief
 operating officer of AdSpace Networks, Inc. Under his leadership, the company
 became a leading builder of digital media networks for advertising and
 promotion in public spaces.
     As president and chief operating officer of Organic, Inc., he oversaw that
 company's evolution from a small web site builder into a leading global
 digital marketing services company.  Under Hudes leadership and direction
 revenues grew from approximately $700,000 to more than $128 million over a
 four year period.
     Hudes also served as director of marketing and advertising partnerships at
 da Vinci Time & Space, a leading interactive television company focused on
 creating original content and development tools for interactive programming.
 Hudes also held senior management positions at leading advertising agencies in
 both New York and San Francisco.
 
     About Clear Channel Outdoor
     Clear Channel Outdoor properties have the potential to reach more than
 half the adults in the U.S. each day during prime "gone from home" hours. The
 company enjoys leadership positions in billboards, airports, taxis, malls,
 street furniture and transit displays. Its spectacular sign division, Clear
 Channel Spectacolor, operate more spectacular signs in Times Square than any
 other company.  Clear Channel Outdoor and its affiliates operates more than
 750,000 displays in 65 countries, with more than 150,000 displays in 46 U.S.
 markets, including 18 of the top 20. Based in Phoenix, Arizona, Clear Channel
 Outdoor is a division of Clear Channel Communications, Inc. (NYSE:   CCU).  For
 more information about Clear Channel Outdoor, please visit
 www.clearchanneloutdoor.com.
 
     Certain statements in this release constitute "forward-looking statements"
 within the meaning of the Private Securities Litigation Reform Act of 1995.
 Such forward-looking statements involve known and unknown risks, uncertainties
 and other factors which may cause the actual results, performance or
 achievements of the Company to be materially different from any future
 results, performance or achievements expressed or implied by such forward-
 looking statements.
 
 

SOURCE Clear Channel Outdoor

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