Group Mobile Concludes Vendor Agreement with American Multinational Information Technology Company — Large IT Service Projects Underway for Marquis Customers

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Group Mobile provides project lifecycle services across all sectors and vertical industries, designing project service support, pre-deployment and post-deployment services, asset management, customer support helpdesk and beyond.

Group Mobile
At Group Mobile, we carefully listen to our customers and understand the need for services within many organizations to offload the associated burdens of IT management, we are here to fill this market gap.

Group Mobile, a rapidly expanding premiere provider of innovative, full service mobile technology solutions and a wholly-owned subsidiary of FORM Holdings Corp. (Nasdaq: FH), today announced that it has completed the strategic vendor agreement to begin aggressively contracting flexible turn-key IT services for large partnership aligned project based business.

Group Mobile will now provide a broad range of pre-deployment, deployment, and post deployment professional services to support growing project based business, filling the gap for large customer demand. The additional services provided under the vendor agreement will bring significant value to customers and provide a combination of industry leading hardware and solutions offerings.

“At Group Mobile, we carefully listen to our customers and understand the need for services within many organizations to offload the associated burdens of IT management, we are here to fill this market gap,” said Roger Creswell, Sr. V.P. Service and Operations. “The capabilities within our service center are unique and unmatched in today’s market — Group Mobile will provide value to our customers far beyond the hardware box, meeting customer business demands and bottom line ROI objectives.”

“Having worked with this large technology company and its customers for many years, we are excited to complete this agreement and to extend on our customer focused deliverables,” said Darin White, President of Group Mobile. “Group Mobile’s highly experienced team of project managers, solutions architects and installation specialists will be laser focused on providing businesses the resources necessary to drive performance and operational efficiency.”

Since the launch of Group Mobile’s service facility, many well-known organizations have partnered with Group Mobile to internally manage IT designs, installations, training and overall hardware and software implementation to end users. A large portfolio of project services will be made available and will span the entire lifecycle of a project timeline including design and development, project management, break-fix, hardware service integration and support, vehicle equipment installation, technical support, mobile device management, help desk and repair.

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About Group Mobile

Group Mobile, a wholly owned subsidiary of Form Holdings, headquartered in Phoenix, AZ, serves customers world-wide. Group Mobile is a rapidly expanding and growing and innovative full end-to-end solution provider of rugged mobile hardware, lifecycle services, system integration, hardware service support, pre-and post-deployment, break-fix, warranty repair, customer support helpdesk and more — all constructed to solve pressing problems and ensure our customers are receiving exceptional value, return on investment and a trusted long-lasting partnership. Group Mobile has mastered the true challenges of mobility through understanding the key elements required for a successful mobile deployment — hardware, connectivity, data and customer back-end network infrastructures.

About FORM Holdings Corp.

FORM Holdings Corp. (NASDAQ: FH) is a publicly held diversified holding company that specializes in identifying, investing in and developing companies with superior growth potential. FORM's current holdings include XpresSpa, Group Mobile, FLI Charge, Infomedia and intellectual property assets. XpresSpa is the world's largest airport spa company with 52 locations across 24 major airports. Group Mobile is a provider of rugged, mobile and field-use computing products, serving customers worldwide. FLI Charge designs, develops, licenses, manufactures and markets wireless conductive power and charging solutions. Infomedia is a leading provider of customer relationship management and monetization technologies to mobile carriers and device manufacturers. FORM Holdings' intellectual property division is engaged in the development and monetization of intellectual property. To learn more about Form Holdings Corp., visit:

Forward-Looking Statements

This press release includes forward-looking statements, which may be identified by words such as "believes," "expects," "anticipates," "estimates," "projects," "intends," "should," "seeks," "future," "continue," or the negative of such terms, or other comparable terminology. Forward-looking statements are statements that are not historical facts. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from the forward-looking statements contained herein. Statements in this press release regarding the merger between FORM and XpresSpa; XpresSpa's projected revenue, the ability to raise capital to fund operations and business plan; the continued listing of FORM's securities on the Nasdaq Capital Market; market acceptance of FORM products; the collective ability to protect intellectual property rights; competition from other providers and products; FORM's management and board of directors after the merger; and any other statements about FORM's management team's future expectations, beliefs, goals, plans or prospects constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. There are a number of important factors that could cause actual results or events to differ materially from those indicated by such forward-looking statements, including, but not limited to: FORM's inability to maintain the listing of its securities on the Nasdaq Capital Market; the potential lack of market acceptance of FORM's products; FORM's inability to monetize and recoup FORM's investment with respect to assets and other businesses that that were acquired or will be acquired in the future; general economic conditions and level of information technology and consumer electronics spending; unexpected trends in the mobile phone and telecom computing industries; the potential loss of one or more of FORM's significant Original Equipment Manufacturer (“OEM”) suppliers, the potential lack of market acceptance of FORM's products; market acceptance, quality, pricing, availability and useful life of FORM's products and services, as well as the mix of FORM's products and services sold; potential competition from other providers and products; FORM's inability to license and monetize FORM's patents, including the outcome of litigation;

FORM's inability to develop and introduce new products and/or develop new intellectual property; FORM's inability to protect FORM's intellectual property rights; new legislation, regulations or court rulings related to enforcing patents, that could harm FORM's business and operating results; FORM's inability to retain key members of its management team; and other risks and uncertainties and other factors discussed from time to time in our filings with the Securities and Exchange Commission ("SEC"), including FORM's Annual Report on Form 10-K for the year ended December 31, 2016 filed with the SEC on March 30, 2017. FORM expressly disclaims any obligation to publicly update any forward-looking statements contained herein, whether as a result of new information, future events or otherwise, except as required by law.


FORM Holdings

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Stephanie Kreitner
Group Mobile
+1 (480) 705-6100 Ext: 245
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since: 02/2010
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