FONU2, Inc.

February 24, 2015 16:00 ET

FONU2, Inc. Announces Famed Director, Penny Marshall, Becomes Major Shareholder

FT. LAUDERDALE, FL--(Marketwired - Feb 24, 2015) - FONU2, Inc. (OTC PINK: FONU) (OTC PINK: FONUD) ("FONU2") announced today that Penny Marshall has chosen to invest Four Hundred Twenty Five Thousand ($425,000) Dollars of her Directors fees in restricted stock in FONU2, Inc. In addition, her Manager, Michael Mann, has also opted to receive his proportion of his fee in restricted shares of FONU2. Ms. Marshall is currently under contract to direct the movie Effa.

Ms. Marshall is an accomplished, award winning television and movie, actress, producer, and director. Her first movie as a Director was Jumpin' Jack Flash (1986) starring Whoopi Goldberg. Ms. Marshall has directed a number of successful feature films, including Big (1988) starring Tom Hanks (the first film directed by a female director to gross over $100 million), Awakenings (1990) starring Robin Williams and Robert De Niro, which was nominated for a Best Picture Academy Award in 1991, A League of Their Own (1992) starring Geena Davis, Tom Hanks, Madonna and Rosie O'Donnell, which also grossed over $100 million, The Preacher's Wife (1996) starring Denzel Washington and Whitney Houston and Riding in Cars With Boys (2001) starring Drew Barrymore.

Roger Miguel, Chief Executive Officer of FONU2, stated, "We are extremely proud to have Ms. Marshall become our largest single shareholder in the Company. I think it demonstrates her commitment to both the Company and the potential of the Effa film project. As we continue preparations for the movie, excitement continues to build for a movie that should become an instant classic."

Under agreed upon terms and conditions, the Company has agreed to guarantee the value of the shares for a period of six months, and has the right to make up any shortfall in value in cash or stock. The shares were issued at a price of $0.06 per share, representing a premium to the current market price.

About FONU2, Inc.:

FONU2 is a film production and social commerce company that is developing a precision sales and marketing platform that integrates into the social media networks. The FONU2 platform offers members list, buy, sell, and trade services locally in any neighborhood and anywhere in the world. 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.

Contact Information