MARINA DEL REY, Calif.–(BUSINESS WIRE)–Digicorp, Inc. (OTCBB:DGCO) announced today that its wholly owned subsidiary Youth Media (HKG) Limited has entered into a 20 plus 10 year Cooperation Agreement for exclusive advertising and media rights with China Youth Net (CYN). This contract uniquely positions Digicorp to market to China’s massive but hard-to-reach student population online, on campus and via mobile. CYN is the Chinese government agency which oversees Internet activity for China’s student population of more than 70 million young people between the ages of 14 and 28. CYN will be primarily responsible for providing the required government licenses and regulated services including campus and technical access as well as content approval services.

The broad ranging contract includes the exclusive use of one of only a handful of China’s highly sought after Online Broadcasting Licenses which Digicorp will use to build and launch a large scale premium content delivery network targeted to students via IPTV. The new network will initially target the campus-based student population, estimated at 45 million young people, who make up China’s most active online community and are a valuable segment within the country’s next generation of consumers. Additionally, the agreement grants Youth Media the rights to extend the campus media and advertising delivery onto mobile handsets in the future. “Our partnership with CYN marks a new and exciting era for Digicorp,” commented Jay Rifkin, Digicorp’s CEO. “This sets the company firmly in China’s youth media marketplace with a strong combination of unique assets to immediately put to work and also build on for the future.”

About Digicorp, Inc.

Digicorp, Inc. is a China focused youth marketing and media company whose business is to deliver advertising and content to one of the most sought after and fastest growing demographics in the world. Digicorp’s business is to provide advertisers and corporations with direct and centralized access to China’s massive but hard-to-reach student population.

About China Youth Net

China Youth Net, an operational entity of China Youth League, is the Chinese government agency which regulates and manages the Internet for China’s student population of more than 70 million young people between the ages of 14 and 28.

Forward-Looking Statements

This press release contains certain forward-looking statements. These forward-looking statements can generally be identified as such because the context of the statement will include words such as Digicorp “expects,” “should,” “believes,” “anticipates” or words of similar import. Stockholders, potential investors and other readers are cautioned that these forward-looking statements are predictions based only on current information and expectations that are inherently subject to risks and uncertainties that could cause future events or results to differ materially from those set forth or implied by the forward-looking statements. Certain of those risks and uncertainties are discussed in the Digicorp filings with the Securities and Exchange Commission, including Digicorp annual report on Form 10-KSB and quarterly reports on Form 10-QSB. These forward-looking statements are only made as of the date of this press release and Digicorp does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

Contact:

Digicorp, Inc.Sophia Kim, 310-728-1457info@DGCOinc.comwww.dgcoinc.com

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MARINA DEL REY, Calif.–(BUSINESS WIRE)–Digicorp, Inc. (OTCBB:DGCO) announced today that it has entered into a content license agreement with New China Media, LLC, an aggregator of American and European content for China-based media companies. Additionally, Digicorp’s wholly owned subsidiary Youth Media (Hong Kong) Limited has entered into a content supply agreement with New China Media and Yes TV (Hong Kong) Limited, a content aggregator in Asia providing, among other things, live and delay broadcast for distribution and transmission via telecommunications networks.

These content agreements are part of Digicorp’s initiatives to focus its business as an aggregator and distributor of international content for China’s valuable and sought-after youth demographic. Digicorp is allocating a significant amount of its available resources to building and launching a large scale, advertising supported Internet media portal in China that will target China’s student population, which the Chinese government estimates at 160 million young people, ranging from eighth grade through university. “New China Media’s extensive China experience and Yes TV’s wide-ranging catalogue will play key roles in realizing Digicorp’s vision to deliver advertising along with premium content to China’s most active online community,” commented Jay Rifkin, Digicorp’s CEO.

New China Media will license to Digicorp the rights to use, transmit and publicly display certain content via the Internet in China. “Digicorp’s venture in China provides a compelling approach to target and penetrate one of the most sought-after demographics in Asia, bringing a unique value proposition to our content providers,” commented New China Media’s Chairman and CEO Dennis Pelino.

Yes TV will supply content to Digicorp’s subsidiary Youth Media for distribution via the Internet in China. “Yes TV is excited about delivering our content to a new and untapped audience in the fastest growing broadband market in Asia,” commented Thomas Kressner, CEO of Yes TV. “We believe in Digicorp’s strategy to break through this market and build a loyal following.”

About Digicorp, Inc.

Digicorp is an aggregator and distributor of international content for Internet consumption in China. The company is engaged in the business of developing, marketing and distributing programming content, multi-media technologies, and advertising via the Internet and will focus a significant amount of its available resources to building and launching a large scale, advertising supported Internet media portal in China.

About New China Media, LLC

New China Media, LLC is an aggregator of American and European content for China-based media companies. New China Media also offers consulting services to US-based entertainment and media firms seeking to acquire or partner with media companies in China.

About Yes TV (Hong Kong) Limited

Yes TV is a media company specializing in the aggregation and production of compelling TV and video entertainment channels, with distribution across Asia. Yes TV provides, amongst other things, live and delay broadcast for distribution and transmission via telecommunications networks.

Forward-Looking Statements

This press release contains certain forward-looking statements. These forward-looking statements can generally be identified as such because the context of the statement will include words such as Digicorp “expects,'' “should,'' “believes,'' “anticipates'' or words of similar import. Stockholders, potential investors and other readers are cautioned that these forward-looking statements are predictions based only on current information and expectations that are inherently subject to risks and uncertainties that could cause future events or results to differ materially from those set forth or implied by the forward-looking statements. Certain of those risks and uncertainties are discussed in the Digicorp filings with the Securities and Exchange Commission, including Digicorp’s annual report on Form 10-KSB and quarterly reports on Form 10-QSB. These forward-looking statements are only made as of the date of this press release and Digicorp does not undertake any obligation to publicly update such forward-looking statements to reflect subsequent events or circumstances.

Contact:

Digicorp, Inc.Sophia Kim310-728-1457info@DGCOinc.comwww.dgcoinc.com

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