New York, NY. (February 5, 2019)—Spanish Broadcasting System, Inc. (SBS) (OTCQX: SBSAA) since it was officially certified as a Minority Business Enterprise (MBE), participated in various events coordinated by the National Minority Development Council (NMSDC). At the annual Conference and Business Opportunity Exchange, held in Austin, Texas, Spanish Broadcasting System conducted a promotional contest at their participating booth where Minority Business Enterprises registered for a prize of $50,000 in advertising that will run across its radio, television, and digital divisions in the first quarter of 2019.

The winner of the $50,000.00 in advertising was randomly drawn at the NMSDC headquarters in New York by the President and CEO of the NMSDC Adrienne Trimble with executives representing SpanishBroadcasting System.

NMSDC President and CEO Adrienne Trimble commented “SpanishBroadcasting System lent key support to our 2018 Conference in Austin, Texas. Welcoming SBS as a certified MBE was exciting news for NMSDC in 2018, and this great relationship will only grow in the New Year. SBS is a fantastic new partner for us. We look forward to an even stronger collaboration going forward.”

The winner drawn was WC3 International.

“We are honored to win the advertising promotion from such a prestigious organization as Spanish Broadcasting System. We plan to utilize this promotion as a means to fuel the growth of our business within the Hispanic community,” stated Leon Woolford, Owner and Partner of WC3 International.

WC3 International is an information technology solutions partner providing top IT talent, along with hardware, software, cloud and IT security solutions that helps drive business success. WC3 utilizes innovative and proven approaches to help organizations discover, evaluate, architect and implement advanced technology solutions. WC3 International key areas of expertise include hardware, software, cloud services, cyber security, internet, unified communications, mobility, systems integration, and custom application development solutions.

During the four days of the convention, more than 6,000 corporate CEO’s, procurement executives and supplier diversity professionals from the top multinational companies, as well as leading Asian, Black, Hispanic and Native American business owners and international organizations, convened in Austin, Texas to re-energize their collectives efforts for solid minority firms in the global corporate supply chain. SBS Executives, talents and staff members participated with an exhibit booth that highlighted Spanish Broadcasting System’s MBE status and showcased its leading multi-media products, services and solutions.

Spanish Broadcasting System serves as the leading multimedia entertainment enterprise with owned and operated heritage radio stations in the largest U.S. markets (including the most-listened-to Hispanic station in the nation, WSKQ-FM in New York City), the MegaTV network, a staple of digital properties including LaMusica and Hitzmaker mobile apps, as well as the nation’s largest independent Hispanic concert and events promoter, SBS Entertainment.

Albert Rodriguez, Chief Operating Officer of SBS, commented, “Leaders such as Leon Woolford and the WC3 International embody the overall mission of the MBE’S and NMSDC. We honor those leaders that advocate for the value that minority businesses bring to the global corporate supply chain, and for the vital role they play in our nation’s economic growth today and in the future.”

The MBE certification places SBS on an exclusive list of verified minority-owned firms offering their respective services to corporate, governmental, educational and charitable entities throughout the country.

About Spanish Broadcasting System, Inc.

Spanish Broadcasting System, Inc. (SBS) owns and operates radio stations located in the top U.S. Hispanic markets of New York, Los Angeles, Miami, Chicago, San Francisco and Puerto Rico, airing the Tropical, Regional Mexican, Spanish Adult Contemporary, Top 40 and Urbano format genres. SBS also operates AIRE Radio Networks, a national radio platform of over 250 affiliated stations reaching 94% of the U.S. Hispanic audience. SBS also owns MegaTV, a network television operation with over-the-air, cable and satellite distribution and affiliates throughout the U.S. and Puerto Rico, produces a nationwide roster of live concerts and events, and owns a stable of digital properties, including LaMusica, a mobile app providing Latino-focused audio and video streaming content and HitzMaker, a new-talent destination for aspiring artists. For more information, visit us online at


The NMSDC advances business opportunities for certified minority business enterprises (MBEs) and connects them to corporate members. One of the country’s leading corporate membership organizations, NMSDC was chartered in 1972 to provide increased procurement and business opportunities for minority businesses of all sizes. The NMSDC network includes a National Office in New York and 23 affiliate regional councils across the country. The network also includes five international partner organizations located in the United Kingdom, Canada, Australia, China and South Africa.

To meet the growing need for supplier diversity, NMSDC matches its 12,000 certified minority-owned businesses to our network of approximately 1,450 corporate members who wish to purchase their products, services and solutions. NMSDC, a unique and specialized player in the field of minority business enterprise, is proud of its unwavering commitment to advance Asian, Black, Hispanic and Native American suppliers in a globalized corporate supply chain. For more information, visit


Vladimir Gomez

VP, Corporate Communications

(786) 394-9000 Ext. 1144


Juan Almanzar

VP Supplier Diversity & Business Development