Psychic Friends Network Appoints Leading Public Company Executive, Kelly Anderson, to Board of Directors

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http://www.psychicfriendsnetwork.com - The Psychic Friends Network, Inc. (OTC:PFNI) (“PFN”), today announced that Kelly Anderson, a financial executive with more than 25 years in the public company arena, has been appointed to the company’s board of directors

Kelly Anderson’s well-established ability to raise
capital and increase shareholder value will add
greatly to the Psychic Friends Network’s success.

“Kelly is a widely respected financial expert at the highest corporate levels. She has demonstrated outstanding abilities to help build and operate profitable companies,” said PFN CEO Marc Lasky. “Her well-established ability to raise capital and increase shareholder value and liquidity will add greatly to the Psychic Friends Network’s success.”

Her experience includes extensive work in public company finance, including follow-on offerings and uplistings to national exchanges, as well as shareholder and investor relations. Her background in the integration of acquisitions will be an asset as PFN explores growth opportunities .

At T3 Motion, Ms. Anderson raised over $30M in equity and debt, including $11.1M underwritten deal and up-listing to NYSE Amex and was a board member from 2009 to 2010. In 2006, Ms. Anderson was the vice president of finance for Experian Consumer Direct, where as a member of the company’s strategic planning committee, she implemented budget and forecast processes including dashboard reporting on company progress.

As executive vice president and CAO for Triple Net Properties from 2004 to 2006, Ms. Anderson was responsible for the oversight of public REIT’s and value funds with more than $1 billion in assets. In 1996, Ms. Anderson became vice president and assistant controller for the First American Corporation, where she was responsible for domestic and foreign consolidation. During her tenure, the company grew from $1.6 billion to more than $6 billion in annual revenues.

“I’m looking forward to joining the Psychic Friends Network board at such an exciting and important time for the company,” said Anderson. “PFN’s clear track record of industry dominance in the 90’s and its vision for the future point the way to it once again becoming a multi-million-dollar company.”

About Psychic Friends Network:
The Psychic Friends Network, Inc. ("PFN") is a marketing and entertainment company providing on-demand psychic advice as well as daily and weekly horoscopes. PFN connects professional live psychic readers with customers via telephone (mobile and landline) and through their newly developed state-of-the-art online platform enabling interaction with video chat, voice or text chat.

During the 1990’s, PFN pioneered the psychic industry with memorable television/radio marketing and infomercials. PFN is re-launching the original brand on a new technology platform that will capitalize on the latest social media and video technologies to connect psychics with consumers.

CONTACT INFO:
Investor Relations: Psychic Friends Network
Ryan Troup +1-866-363-3984
ir(at)PsychicFriendsNetwork(dot)Com
Please visit our corporate website at
psychicfriendsnetwork.com/investor-relations

To learn more about PFN, visit PsychicFriendsNetwork.com
Or contact Investor Relations: Ryan Troup +1-866-363-3984 or by email ir(at)PsychicFriendsNetwork(dot)Com
http://www.circadian-group.com/pfni.html

Forward Looking Statements
This press release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding PFN’s growth opportunities and business, the re-launch of the PFN brand, and our new director Ms. Anderson. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including, among other things, PFN’s ability to successfully re-launch the PFN brand and Ms. Anderson’s role in that, and other risk factors set forth in PFN’s current report on Form 8-K dated March 30, 2012. Any forward-looking statements in this release are based on limited information currently available to PFN, which is subject to change, and PFN will not necessarily update the information.

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Ryan Troup
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