The Longest Running Syndicated Music Radio Network to Expand Into the Streaming Subscription Business

LAS VEGAS, NV / ACCESSWIRE / July 27, 2015 / Music of Your Life, Inc. (MYLI) ("Music") today announced it has entered into a common stock purchase agreement with Kodiak Capital Group, LLC, a Newport Beach, California based institutional investor, for $1-million. Music has agreed to file a registration statement with the U.S. Securities and Exchange Commission covering the shares that may be issued to Kodiak under the terms of the stock purchase agreement. Once the SEC has approved the registration statement, Music will have the right at its discretion, to sell up to $1-million worth of common stock over a one year period.

Proceeds of this transaction will be used to continue the build-out of Music of Your Life's subscription based iRadio music player system by adding additional streams of celebrity hosted channels, from rock to pop, jazz to country, all following the company's "Where the Stars Play the Stars" motto, which it has employed since inception, 37 years ago.

Music of Your Life CEO, Marc Angell said, "We're very excited about working with Ryan Hodson and his team at Kodiak Capital. They bring years of experience and contacts in the private and public equity sector, a much needed component for us." Angell added, "Launching our subscriber based service featuring celebrity DJ's is the most requested feature from our listeners. We have a growing list of celebrities from television, movies and the music industry to add to the current lineup of DJ's, that will deliver an even greater listening experience to our audience." Ryan Hodson, Managing Director of Kodiak said, "We expect the capital we bring to Music of Your Life to expand the company's audience substantially, while creating a recurring monthly revenue stream. We're thrilled to be involved with an amazing piece of Americana such as Music of Your Life."

About Music of Your Life, Inc.:

(MYLI) Music of Your Life is the longest running syndicated music radio network in the world. Currently broadcasting on AM, FM, and HD radio stations across the United States, the network can also be heard globally on the Internet via iRadio at www.musicofyourlife.com, on iTunes Radio, and on Tune-In. "Music of Your Life" and "iRadio" are registered trademarks owned by Music of Your Life, Inc.

Contact:

Marc Angell
(800) 351-3021

About Kodiak Capital, LLC:

Kodiak Capital Group, LLC, founded in 2009, is an operationally driven private equity firm that partners with management to make non-control equity investments in lower middle market businesses. Kodiak pursues niche-market leaders that provide high-margin products or services. Kodiak transactions typically provide liquidity to shareholders, facilitate transition of ownership to key managers, and allow management to capitalize on growth opportunities while maintaining the legacy of the founders. Kodiak has focused consistently on the lower-middle market and generated superior returns for its partners. Kodiak is currently investing in new platforms through a multitude of innovative financing solutions.

Contact:

Ryan Hodson
(212) 262-2600
More information can be found at: www.kodiakfunds.com

Safe Harbor Statement:

This release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E and/or 27E of the Securities Exchange Act of 1934 that are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties, including statements as to the future performance of the company and the risks and uncertainties detailed from time to time in reports filed by the company with the Securities and Exchange Commission. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Although the company believes that the expectations reflected in its forward-looking statements are reasonable, it can give no assurance that such expectations or any of its forward-looking statements will prove to be correct. Factors that could cause results to differ include, but are not limited to, the company's ability to raise necessary financing, retention of key personnel, timely delivery of inventory from the company's suppliers, timely product development, product acceptance, and the impact of competitive services and products, in addition to general economic risks and uncertainties.

SOURCE: Music of Your Life, Inc.