Mr. Steve Chung reports

FRANKLY ADDS 59 MOBILE NEWS APPS TO ITS PORTFOLIO

Frankly Inc.'s wholly owned subsidiary, Frankly Media, has bolstered its mobile and platform technology capabilities with the appointment of veteran technologists Omar Karim and Todd Randak, founders of Mobdub LLC, a company that develops news mobile apps. Mr. Karim joins Frankly Media as head of strategy and Mr. Randak joins as head of product.

Frankly Media also entered into a long-term technology licence agreement with Mobdub LLC, a company founded by Mr. Karim and Mr. Randak. Through this agreement, Frankly will now operate and control 59 news apps. This enables the company to extend its coverage to mobile apps and connected devices for local broadcasters. The agreement also provides Frankly Media with exclusive, perpetual access to Mobdub's news mobile apps and provides Frankly with the exclusive option of acquiring these technologies in the future.

"We're delighted that Omar and Todd have joined the Frankly team," said Steve Chung, founder and chief executive officer, Frankly. "They bring a wealth of experience in the mobile space and prior to their founding of Mobdub LLC, they were executives at Worldnow. The Mobdub technology stack enables Frankly Media to market its next-generation technology products and services which will drive engagement and revenues for our customers. With the on-boarding of 59 of Mobdub's deployed mobile applications, we can now reach millions of end-users which enhances the Frankly Media offering."

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