Spiral Toys Appoints
Interim Chief Financial Officer
LOS ANGELES, CA -- May 27, 2015 -- InvestorsHub NewsWire --
Spiral Toys (OTCQB:
STOY), a leading provider of mobile-connected wireless
entertainment products, has appointed Gina Fabiano as interim chief
financial officer, succeeding Robert Stewart.
Fabiano has been serving as a business development and financial
consultant to Spiral Toys having worked closely with executive
management since April of 2014.
Prior to Spiral Toys, Fabiano worked at Process Drive Trading, a
proprietary quantitative trading group within Morgan Stanley, since
renamed PDT Partners. She also held various strategic planning and
management positions within the entertainment and nonprofit
industries, as well as launched and operated a consumer products
start-up company. Additionally, Fabiano has served in a number as
roles related to capital formation, investor relations, budgeting
and forecasting.
"As we conduct our search for a permanent CFO, Gina brings to
this interim position strong financial knowledge and an
entrepreneurial spirit," said Mark Meyers, CEO of Spiral Toys. "Her
existing active role with the company allows for a smooth
transition and continuity, as our business continues to
accelerate."
About Spiral Toys
Founded by a former senior executive of Disney and Sony, Spiral
Toys (OTCQB:
STOY) is a California-based company focused on developing and
marketing products and mobile applications in the mobile-connected
space. Spirals mobile-connected entertainment platform connects
physical items to todays top mobile devices through wireless
technologies, creating a new kind of interactive user
experience.
Spiral sells its products worldwide, and is developing
additional applications based on its platform technology for
several different verticals within the entertainment industry.
Spiral collects revenue on both the physical purchase of goods and
the sale of digital content through Apples App Store and the Google
Marketplace. The company also acts as co-developer with major
entertainment studios. For more information, visit www.spiraltoys.com.
Forward-Looking Statements
This news release contains forward-looking statements within the
meaning of the U.S. Private Securities Litigation Reform Act of
1995 and Canadian securities laws, including statements relating to
expectations for the performance of Spiral Toys. The terms
"expects", "would", "will", "believes", and similar terms are
intended to identify these forward-looking statements.
Forward-looking statements are based on estimates and assumptions
made by Spiral Toys in light of its experience and its perception
of current conditions and expected future developments, as well as
other factors that Spiral Toys believes are appropriate in the
circumstances. Many factors could cause Spiral Toys' actual
results, performance or achievements to differ materially from
those expressed or implied by the forward-looking statements. These
risk factors and others relating to Spiral Toys that may cause
actual results to differ are set forth in Spiral Toys' periodic
filings with the U.S. Securities and Exchange Commission (copies of
which filings may be obtained at www.sec.gov). These factors should
be considered carefully, and readers should not place undue
reliance on Spiral Toys' forward-looking statements. Spiral Toys
has no intention and undertakes no obligation to update or revise
any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by
law.
Company Contact:
Mark Meyers, CEO
Spiral Toys
Tel (844) 681-7627
investor@spiraltoys.com
Media Relations:
Nicole Gornall Rohrer
Echo Factory
Tel (626) 993-3770
nicole@echo-factory.com
Investor Relations:
Michael Koehler
Liolios Group, Inc.
Tel (949) 574-3860
STOY@liolios.com