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NEW YORK - May 10, 2016 - FORM Holdings Corp. (NASDAQ: FH), a diversified
holding company, today announced that Darin S. White will join the company's
wholly owned subsidiary, Group Mobile, as President effective immediately.

Mr. White has more than 28 years of experience in sales, management and
marketing, 15 of which were specifically focused in the mobile computing
technology industry. Prior to joining Group Mobile, Mr. White was the Senior
Southeastern Regional Sales Manager for the Enterprise Division of Getac USA.
While at Getac, he received the TOP Revenue Award 6 of the 7 years he was
with the company. Prior to Getac, Mr. White was the Southeastern Regional
Sales Manager with General Dynamics-Itronics which followed his tenure as
Managing Director of Virtual Mobile Technologies (VMT), an independent Sales
and Marketing organization firm that specialized in Rugged Mobility and
Technology solutions for the Aviation and Transportation, Manufacturing and
Logistics as well as the Oil and Gas markets. Mr. White's years of successful
industry experience have covered all vertical markets of Public Sector and
Enterprise, which is where Group Mobile plans to focus its industry leading,
in class rugged mobility solutions, to foster sustainable growth.

"It is in an honor to have been selected to lead the Group Mobile team at this
exciting time. The company has developed a well-known and respected
reputation for providing the industry's best in class brands of rugged PC
devices and technology solutions. I believe the company is in a strong
strategic position and is poised to gain a greater share of the rugged mobile
solutions market, as well as the greater mobility solutions market as a
whole. I plan to quickly assess and aggressively expand Group Mobile's
product, technology and solutions offerings. This will build on the strength
of Group Mobile's strategic partnerships and industry deliverables while
keeping pace with the ever-evolving industry trends. I look forward to
guiding the company into this phase of growth," said Mr. White.

"I am pleased to welcome Darin to Group Mobile. I believe that his knowledge
of the mobile technology industry, along with his track record of industry
leading performance and strong management skills will play a key role in
shaping our sales, marketing and revenue driven culture as we continue to
expand our portfolio of products and services," said Andrew D. Perlman,
FORM's Chief Executive Officer.
About Group Mobile
Headquartered in Phoenix, AZ, Group Mobile serves customers all over Globe.
Customers range from Enterprise Fortune 500 companies to SMB-size businesses,
U.S. Military, State and Local Public Sector user bases of Police, Fire, EMS
as well as serving the frequent traveler that needs something more durable
than a commercial, off-the-shelf computer. Group Mobile carries virtually all
the leading rugged computing brands and accessories. In addition, Group
Mobile offers turn-key solutions for vehicle docking and mounting equipment
from industry best Gamber-Johnson, Havis and Ram Mounts. To learn more about
rugged computers and how they differ from commercial, indoor computers, check
out the Rugged Computer Guide or visit us online

About FORM Holdings Corp.

FORM Holdings Corp. is a diversified holding company that specializes in
identifying, investing in and developing companies with superior growth
potential. FORM's current holdings include Group Mobile, Fli Charge,
Infomedia and Intellectual Property Assets. Group Mobile is a provider of
rugged, mobile and field-use computing products, serving customers worldwide.
Fli Charge designs, develops, licenses, manufactures and markets wire-free
conductive power and charging solutions. Infomedia is a leading provider of
customer relationship management and monetization technologies to mobile
carriers and device manufacturers. The Intellectual Property division is
engaged in the innovation, development and monetization of intellectual
property. To Learn more about Form Holdings Corp.,

Forward-Looking Statements

This press release includes forward-looking statements, which may be
identified by words such as "believes," "expects," "anticipates,"
"estimates," "projects," "intends," "should," "seeks," "future," "continue,"
or the negative of such terms, or other comparable terminology.
Forward-looking statements are statements that are not historical facts.
Such forward-looking statements are subject to risks and uncertainties, which
could cause actual results to differ materially from the forward-looking
statements contained herein. Factors that could cause actual results to
differ materially include, but are not limited to: our inability to license
and monetize our patents, including the outcome of litigation; our inability
to monetize and recoup our investment with respect to patent assets and other
businesses that that we have acquired or acquire in the future; our inability
to develop and introduce new products and/or develop new intellectual
property; our inability to protect our intellectual property rights; new
legislation, regulations or court rulings related to enforcing patents, that
could harm our business and operating results; unexpected trends in the
mobile phone and telecom computing industries; our inability to raise
additional capital to fund our combined operations and business plan; our
inability to maintain the listing of our securities on a major securities
exchange; general economic conditions and level of information technology and
consumer electronics spending; the potential loss of one or more of our
significant Original Equipment Manufacturer ("OEM") suppliers, the potential
lack of market acceptance of our products; market acceptance, quality,
pricing, availability and useful life of our products and services, as well
as the mix of our products and services sold; potential competition from
other providers and products; our inability to retain key members of our
management team; our liquidity and other risks and uncertainties and other
factors discussed from time to time in our filings with the Securities and
Exchange Commission ("SEC"), including our annual report on Form 10-K filed
with the SEC on March 10, 2016. FORM expressly disclaims any obligation to
publicly update any forward-looking statements contained herein, whether as a
result of new information, future events or otherwise, except as required by


Investors and Media



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Vringo, Inc. via Globenewswire


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