The Orchard Ranked As Fastest Growing Company In New York Region In Deloitte’s Technology Fast 50 Program

NEW YORK--(BUSINESS WIRE)--For the second year in a row, The Orchard (NASDAQ: ORCD), a global leader in music and video entertainment, has been named to Deloitte's prestigious New York, New Jersey, Connecticut Technology Fast 50 Program, a ranking of the 50 fastest growing technology, media, telecommunications, and life sciences companies in the region by Deloitte LLP, one of the nation's leading professional services organizations.

The Orchard garnered top honors and ranked first overall in the New York region. In the larger New York – New Jersey – Connecticut region, The Orchard ranked #2 overall. The rankings are based on percentage revenue growth over five years from 2003–2007, for which The Orchard had an 8,998 percent increase. The average increase in revenues among companies who made the Technology Fast 50 for this region was 4,476 percent.

Last year, for the years 2002-2006, Orchard ranked 5th overall for the New York region.

As a regional Technology Fast 50 winner, The Orchard will be eligible for Deloitte's Technology Fast 500 Program, which ranks North America's top 500 fastest growing technology, media, telecommunications and life sciences companies. For more information on Deloitte's Technology Fast 50 or Technology Fast 500 programs, visit www.fast500.com.

About The Orchard^®

The Orchard (NASDAQ: ORCD) controls and globally distributes more than 1.3 million songs and over 5,000 video titles through hundreds of digital stores (e.g. iTunes, eMusic, Google, Netflix, V CAST) and mobile carriers (e.g. Verizon Wireless, Vodafone, Bell Canada, 3). With operations in 29 regions around the world, The Orchard drives sales for its label, retailer, brand, and agency clients through innovative marketing and promotional campaigns; brand entertainment programs; and film, advertising, gaming and television licensing. A pioneer in digital music and media services, The Orchard fosters creativity and independence.

The Orchard is a registered trademark and The Orchard logo is a service mark of Orchard Enterprises NY, Inc. All Rights Reserved.

About Deloitte

As used in this document, “Deloitte” means Deloitte LLP. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

Forward Looking Statements

This release may contain certain forward-looking statements regarding The Orchard's expectations regarding future events and operating performance within the meaning of Federal Securities laws that are subject to certain risks and uncertainties and involve factors that may cause actual results to differ materially from those projected or suggested. Factors that could cause actual results to differ include, but are not limited to, the ability of The Orchard to distribute certain products and artist recordings. Undue reliance should not be placed on such forward-looking statements as they speak only as of the date hereof, and The Orchard undertakes no obligation to update these statements to reflect subsequent events or circumstances except as may be required by law. Additional factors that could cause actual results to differ materially from those projected or suggested in any forward-looking statements are contained in The Orchard's most recent periodic reports on Form 10-K and Form 10-Q that are filed with the Securities and Exchange Commission.