Frankly Announces Chief Financial Officer Appointment

SAN FRANCISCO, May 16, 2016 /CNW/ - Frankly Inc. (TSX VENTURE: TLK) ("Frankly"), the leading content, engagement and monetization platform for brands and media companies, today announced that Avi T. Aronovitz will join its senior leadership team as Chief Financial Officer effective immediately. Jungsoo Park, formerly serving as Interim CFO, will continue in his previous role as Vice President in the finance and operations team.

"We are excited that Avi has joined our team as Chief Financial Officer," said Steve Chung, Founder and Chief Executive Officer, Frankly. "Avi has a proven track record of financial leadership in SaaS-based technology companies that will help guide our company as we continue to grow and evolve. Moreover, his deep understanding of the capital markets makes him a very strong addition to our executive team."

Mr. Aronovitz is a senior finance executive with over 25 years of diverse strategic, financial, operational, and transactional experience, having served as a financial officer, management consultant/CFO advisor and board member, primarily at public technology companies. Most recently Mr. Aronovitz was CFO for Knowledge Delivery Systems Inc., an Edison Partners portfolio company, and he began his career in the audit and business advisory practice of Arthur Andersen LLP. He holds a BS in Accounting from Yeshiva University's Sy Syms School of Business. 

About Frankly: 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. 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.

SOURCE Frankly Inc.

For further information: NATIONAL Equicom, Conrad Seguin, 416.586.1951, cseguin@national.ca; Or Frankly Inc., Steve Chung, Chief Executive Officer, 415.861.9797, press@franklyinc.com


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