FONU2, Inc.

March 04, 2015 08:00 ET

FONU2, Inc. Announces Appointment of Joseph Giamichael to the Board of Directors

Moves Corporate Headquarters

FT. LAUDERDALE, FL--(Marketwired - Mar 4, 2015) - FONU2, Inc. (OTC PINK: FONU) ("FONU2") announced today that Joseph Giamichael has been appointed to the Company's Board of Directors and Chairman of the Audit Committee. Mr. Giamichael will be taking the position that is being vacated by outgoing Director Nicole Leigh. The Company also announced that is has sold its unprofitable comic book and collectibles business, Zaldiva, for a nominal sum to Ms. Leigh. The Company also approved moving its corporate headquarters to Effingham County, Georgia.

Mr. Giamichael has over a decade of research experience concentrating on the small cap companies. He previously worked as a Managing Director and a Senior Research Analyst at Global Hunter Securities, covering international and industrial companies. Prior to that, Mr. Giamichael was a Director of Research and Senior Research Analyst at Rodman & Renshaw, where he worked in a generalist capacity focusing on several verticals including industrial, agricultural and consumer companies across several geographies, including North and South America, Europe and Asia. His 13+ years in financial services include his time with CJS Securities as a senior analyst, and Managing Director at Knight Capital, where he was a vice president and involved with special situation trading. Mr. Giamichael holds a Bachelor of Science degree from Skidmore College in Saratoga Springs, N.Y.

Mr. Giamichael stated, "I have worked with numerous management teams over my career. Having worked closely with Jake Shapiro, I have extreme confidence in the success of not only the team that he is building, but in the fact that the Studioplex project will succeed and become a major player in the film industry. I am excited to be joining the team and contributing to its success."

"I wish the Company the greatest success," stated Nicole Leigh. "After 18 years of service, I feel my time has come to move on. Since meeting Mr. Shapiro, Chairman of the Board, I have personally witnessed him time and time again follow through on his word and on his representations. I have great confidence in this new board and the strategy that this company is taking on. I am anxious to see the company's great potential coming to reality."

About FONU2 Inc.
FONU2, Inc. is a public private partnership film studio and production company that is developing a 1,560 acre full service production facility in Effingham, Georgia. The Company also has an e-commerce division that is actively seeking acquisitions to integrate into the social media networks vis a vis the FONU2 platform. For additional information, visit our website, You can also follow us on our social network, Facebook, Google + and Twitter.

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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