Atrinsic, Inc. Receives Favorable Decision From NASDAQ

Atrinsic, Inc.

announced today that, on June 7, 2011, the Company received a favorable determination from the NASDAQ Listing Qualifications Staff indicating that the Staff has granted the Company's request for the transfer of its listing to The NASDAQ Capital Market. The Company's securities will begin trading on The NASDAQ Capital Market effective with the open of business on Friday, June 10, 2011. The transfer of the Company's listing from The NASDAQ Global Market to The NASDAQ Capital Market should have no impact on trading in the Company's shares, and the Company's stock will continue to trade on NASDAQ under the symbol ATRN.