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Millennial Media Signs Definitive Agreement To Acquire Metaresolver

Forward-Looking Statements

The statements in this press release that are not historical facts constitute “forward-looking statements” that involve risks and uncertainties and are made pursuant to the Private Securities Litigation Reform Act of 1995. These forward-looking statements include expectations regarding the closing of the acquisition and Millennial Media’s ability to integrate Metaresolver’s technology into its platform. The outcome of the events described in these forward-looking statements is subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated by these forward-looking statements, including, but not limited to, Millennial Media’s ability to incorporate Metaresolver’s technology and integrate and retain Metaresolver personnel and the risk that the transaction may not close as a result of the failure to satisfy closing conditions, as well as those factors contained in the "Risk Factors” section of Millennial Media’s Form 10-K for the year ended December 31, 2012, filed with the Securities and Exchange Commission on February 20, 2013, and in the company’s other filings with the SEC from time to time. These documents are available on the ‘SEC Filings’ section of the Investor Relations page of our website at http://investors.millennialmedia.com. All information in this press release is as of February 20, 2013. Except as required by law, Millennial Media undertakes no obligation to update publicly any forward-looking statement made herein for any reason to conform the statement to actual results or changes in its expectations.

About Millennial Media

Millennial Media is the leading independent mobile advertising and data platform. Our technology, tools and services help app developers and mobile website publishers maximize their advertising revenue, acquire users and gain audience insights. Our platform also enables us to offer advertisers powerful Mobile Audience Solutions (MAS) that utilize our significant scale, sophisticated targeting and uniquely engaging creative capabilities to deliver meaningful results.

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