Frankly Appoints New Chief Financial Officer

TORONTO, ON–(Marketwired – Jul 14, 2016) – Frankly, Inc. (TSX VENTURE: TLK) (“Frankly”), the leading content, engagement and monetization platform for brands and media companies, has appointed Chief Operating Officer Lou Schwartz as Chief Financial Officer, effective immediately. Schwartz succeeds Avi Aronvitz who resigned to pursue other opportunities. Schwartz will also continue to serve in his position as COO and report to Steve Chung, the company’s Chairman and Chief Executive Officer. 

Schwartz joined Frankly in August 2015 in connection with its acquisition of Worldnow, where he served as Chief Strategy Officer. Prior to that, Schwartz was the Chief Digital Officer of WWE, where he oversaw all digital platforms and helped lead the development of the WWE Network, the first over-the-top 24/7 streaming network. Schwartz also served as CEO and general counsel of several leading North America digital video platform companies.

Schwartz graduated from Pennsylvania State University with a Bachelor of Science degree in Real Estate Finance before receiving a Juris Doctorate from the Mississippi College School of Law.

“On behalf of the board of directors, I would like to thank Avi for his contributions to Frankly and wish him all the best in his future endeavors,” said Chung. “We look forward to benefiting from Lou’s proven financial and operational acumen, as well as deep understanding of our business and industry. These qualities will prove to be instrumental in helping us scale the company for future growth.”

About Frankly, Inc.
We build an integrated software platform for brands and media companies to create, distribute, analyze and monetize their content across all of their digital properties on web, mobile and TV. Our customers include NBC, ABC, CBS and FOX affiliates, as well as top fashion brands, professional sports franchises and global organizations. Collectively, we reach nearly 80 million monthly users in the United States. The Company is publicly traded on the TSX Venture Exchange and trading under ticker “TLK.” Frankly is headquartered in San Francisco with major offices in New York. To learn more, please visit www.franklyinc.com or email press@franklyinc.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Notice Regarding Forward-Looking Statements
This release includes forward-looking statements regarding Frankly and their respective businesses. Forward-looking events and circumstances discussed in this release, may not occur by certain specified dates or at all and could differ materially as a result of known and unknown risk factors and uncertainties affecting the parties, including as a result of the lack of applicable regulatory approval for the proposed continuance. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date on which they are made and Frankly undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.