Following major developments over the past year, including brand and digital platform launches, a name change and transition to the Kartoon Studios announced the appointment of finance veteran Brian Parisi as the Company?s Chief Financial Officer. Mr. Parisi brings 30 years of experience spanning the entertainment, media, and high-tech industries, including finance, accounting, M&A, capital raising, and corporate development. Prior to joining Kartoon Studios, he served as the Chief Financial Officer at Break the Floor Productions in Hollywood, California, an entertainment production company where his responsibilities included overseeing the evaluation and analysis of mergers and acquisitions, risk management, and the creation of policies to reduce the company's overall risk exposure.

Prior to that, Mr. Parisi was the Chief Financial Officer at the NFL Hall of Fame Village, where he was responsible for a range of financial activities including managing construction accounting budgets, financial reporting, cash management, and tax compliance for the nearly $1 billion investment in a newly designed complex in Canton, Ohio. In addition, he served as Senior Vice President of the Festivals Division of Live Nation Entertainment Inc. where he was responsible for developing strategic plans for Electronic Dance Music festivals in multiple countries with more than 1.3 million fans. Mr. Parisi has also held leadership positions at Warner Bros.

Entertainment and Universal Studios. Mr. Parisi is a CPA and holds a B.S. in Accounting from Purdue University, Daniel School of Business, and an M.B. A in Strategic Management from the University of Southern California, Marshall School of Business.