Tuesday, June 15, 2010

Manuel E. Machado Joins Spanish Broadcasting System's Board of Directors

COCONUT GROVE, Fla., June 14 /PRNewswire-HISPANIC PR WIRE/ -- Spanish Broadcasting System, Inc. ("SBS") (Nasdaq: SBSA) announced today that Manuel E. Machado has joined its Board of Directors, effective immediately. The Board appointed Mr. Machado to serve on the Audit Committee and on the Compensation Committee.


"We welcome Manuel to the Board. We are delighted to have the benefit of his extensive experience and knowledge and we look forward to working with him," said Raul Alarcon Jr., President and CEO of Spanish Broadcasting System.


Mr. Machado is the Chief Executive Officer and Co-Chairman of MGSCOMM, one of the fastest-growing integrated marketing communications agencies in the country since its formation in March 2003. Mr. Machado was also elected to the board of directors of Worldwide Partners, Inc. on May 26, 2010. MGSCOMM and Worldwide Partners, Inc. are not affiliates of the Company.


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