Vinco ventures appoints Ted Farnsworth as co CEO

ZASH Global Media and Entertainment cofounder Ted Farnsworth Will work with Lisa King Co CEO

Vinco Ventures, Inc. (Nasdaq: BBIG)（ abbreviation “Vinco Ventures”、“Vinco” or “ company ”） Is a digital media and content technology holding company . The company announced today Ted Farnsworth With the current CEO Lisa King Co CEO , since 2022 year 6 month 8 Effective from .Farnsworth And Mr. King Ms. will lead the company as co CEO .

Farnsworth Sir is ZASH Global Media and Entertainment (“ZASH”) Co founder and chairman of , In acquisition Lomotif and AdRizer In the transaction with Vinco and ZVV Media Partners (“ZVV”) Together played an important role , And has long-standing leadership and rich experience in the media industry . He has founded many successful companies , It is strategic development 、 Marketing Management 、 public relations 、 Consumer behavior and direct marketing (direct response marketing) Recognized experts in the field .

Vinco Ventures Co CEO Lisa King Express ：“ On behalf of myself and the whole Vinco Warm welcome from the team Ted Join the management of the company , And officially served as the co CEO .Vinco and ZASH Has begun to streamline our business . stay Ted As co CEO , We will be able to work together , Clearly understand the company's comprehensive vision and plan , So as to implement the strategic growth plan more effectively .”

Vinco Ventures Co CEO Ted Farnsworth Express ：“ I started from ZASH The early stage of development is related to Vinco Start cooperation , I am very excited about the future development of the company . I'm glad to be with Lisa As CEO together , We are acquiring Lomotif Time is ZASH work together . As we continue to move forward and strive to subvert the media industry , We will still focus on content 、 Content , Or the content , And then pass Vinco Brand portfolio drives revenue growth .”

Vinco A key component of the growth strategy is Lomotif And AdRizer and Mind Tank The combination of , This is the company's short video platform , It aims to promote the user experience through its user interface and patent editing tools . By using Lomotif Mobile platform or web-based platform , The company's advertising and marketing platform will help the company in Vinco and ZASH Improve user participation and increase revenue through high-quality content in the ecosystem .

About Vinco Ventures
Vinco Ventures (Nasdaq: BBIG) Focus on developing digital media and content technology .Vinco Ventures Subsidiaries acquired through merger ZVV Media Partners, LLC yes Vinco Ventures and ZASH Global Media and Entertainment Corporation Our joint venture company , Have Lomotif Private Limited 80% Ownership interest in .Vinco Ventures Have AdRizer, LLC 100% Ownership interest in . For more information , Please visit investors.vincoventures.com.

Forward looking statements and disclaimers

This press release contains 1995 year 《 Private Securities Litigation Reform Act of the United States 》 As defined in the safe harbor clause “ Forward looking statements ”, These statements are based on Vinco Ventures Management beliefs and currently available information , as well as Vinco Ventures Estimates and assumptions made by management . These statements are not strictly relevant to historical or current facts , And it can be identified . Use in this press release “ It is estimated that ”、“ expect ”、“ Intend to ”、“ Believe in ”、“ plan ”、“ expect ”、“ expect ” And the negative forms of these words , Or similar expressions related to the applicable company or its management , Can be identified as forward-looking statements . These statements reflect Vinco Ventures Current view of future events , And receive Vinco Ventures And its subsidiaries and consolidated variable interest entities （ Include Lomotif）、 Its industry 、 Financial situation 、 Risks associated with operations and operational results 、 uncertainty 、 Assumptions and other factors . These factors include, but are not limited to ： What we stated in the power of attorney Vinco Ventures The expected risks and benefits of the proposed increase in authorized shares ;Vinco Ventures Yes ZVV Media Partners, LLC、Lomotif Private Limited、PZAJ Holdings, LLC The investment of ; And related growth initiatives and strategies （ Such as mixed media 、 Cross platform distribution strategy ）;Lomotif Expected benefits of participating in and sponsoring live entertainment ; Acquisition AdRizer And plan to AdRizer Technology and Lomotif and Honey Badger Expected benefits of integration , as well as AdRizer、Lomotif and Honey Badger Synergy between ;NFT And the regulatory risks of blockchain business lines ; as well as Vinco Ventures and Cryptyde Other risks and uncertainties described in more detail in documents submitted or provided to the U.S. Securities and Exchange Commission , Include Vinco Ventures On 2022 year 4 month 15 Submitted as of 2021 year 12 month 31 Japanese Form 10-K Risk factors discussed in the annual report , The report can be found in www.sec.gov Look up . If one or more of these risks or uncertainties become a reality , Or the basic assumption proved to be incorrect , The actual results may be as expected 、 Believe in 、 It is estimated that 、 expect 、 The results of predictions or plans are significantly different . Although we believe that the expectations reflected in the forward-looking statements are reasonable , But we cannot guarantee the future results 、 Achievements or achievements . Unless applicable law （ Including U.S. securities laws ） requirement , We do not intend to update any forward-looking statements , To make these statements conform to the actual results .