FONU2, Inc.

March 10, 2015 08:00 ET

FONU2 Announces Appointment of Chief Operating Officer

RINCON, GA--(Marketwired - Mar 10, 2015) - FONU2, Inc. (OTC PINK: FONU) ("FONU2") announced today that Alice Neuhauser has been appointed as Chief Operating Officer of the Company.

Alice P. Neuhauser has a broad range of operational entertainment experience in financial management, establishment and oversight of corporate, legal and accounting procedures, and business development and strategic planning. Ms. Neuhauser's career includes financing some of the largest independently financed pictures including Terminator 2 (starring Arnold Schwarzenegger) and Cliffhanger (starring Sylvester Stallone. Ms. Neuhauser also managed two $100 million revolving film production credit facilities with two separate syndicates of banks, which helped finance such movies as Basic Instinct (starring Michael Douglas and Sharon Stone) and Total Recall (starring Arnold Schwarzenegger and Sharon Stone). Alice developed a $100 million motion picture and television production facility from concept through 100% utilization. This 22-1/2 acre studio lot includes 14 state-of-the-art sound states, eight production buildings, a commissary, a four-story office building, and a parking garage.

Alice is an honors graduate of Harvard College and earned her MBA from the Anderson School of Management at UCLA.

"Every so often, there is a time when a Company is in the right place, at the right time, with the right people," stated Alice Neuhauser, COO of FONU2. "As the national growth leader in the film industry, not only is Georgia the right place to be, but the leaders of the Effingham County IDA have realized the wonderful opportunity we have, and have worked hard to facilitate this project's success. I know we are in the right place at the right time, and with Jake Shapiro, Graham Bradstreet, Hussey Gay Bell & DeYoung, Foley Designs, and Choate Construction, we have the dream team in place to make this happen."

Jake Shapiro, Chairman of FONU2, added, "Alice Neuhauser is a leader who represents the quality and experience of what our Company is and what our team brings to such an exciting project. Alice is a true professional who excels at accomplishing whatever she sets her mind to. What else could I possibly say as her reputation and track record speak louder than I ever could."

Safe Harbor Statement

The Private Securities Litigation Reform Act of 1995 provides a "safe harbor"for forward-looking statements. Certain information included in this press release contains statements that are forward-looking, such as statements related to the future anticipated direction of the industry, plans for future expansion, various business development activities, planned or required capital expenditures, future funding sources, anticipated sales growth, and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by, or on behalf of, the company. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financing activities, domestic and global economic conditions, and other risks and uncertainties described in the Company's periodic filings with the Securities and Exchange Commission.

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