Vinco Ventures Announces Management Changes

Ross Miller, will be co-CEO with John Colucci and Lisa King

ROCHESTER, NY/ACCESSWIRE/August 26, 2022/ Vinco Ventures, Inc. (NASDAQ:BBIG) (“Vinco Ventures”, “Vinco” or the “Company”), a digital media and content technology holding company, today announced leadership changes to support Company’s operational and growth plans. Pursuant to the Nevada State Court’s order and effective immediately, Ross Miller, Esq. will serve as co-CEOs along with John Colucci and Lisa King.

“With the future of Vinco in mind and a great desire to see this company and its people succeed, I am pleased to join general management alongside Lisa and John,” said Ross Miller, Esq., co- CEO of Vinco.

“This co-CEO team is dedicated to the longevity and success of Vinco. We are excited to get back to work with the intention of creating value for our shareholders and believe this unique corporate leadership structure will put Vinco in a position to succeed,” commented Lisa King, co-CEO of Vinco.

“With the new co-CEO team in place, we intend to diligently make business decisions and, in turn, communicate our progress to the wider shareholder community,” concluded John Colucci, co-CEO of Vinco.

Mr. Miller was previously CEO and President of BKB Global, a wholly owned subsidiary of DirecTV. He previously served as Senior Vice President and General Counsel of Paragon Gaming, an international casino gaming company based in Las Vegas. Mr. Miller also brings more than a decade of public service experience, having served as a criminal prosecutor and as Nevada’s secretary of state.

John Colucci has over 21 years of experience in senior management, business development, advertising, marketing and strategy development. Mr. Colucci was Vice President at C Solutions Marketing Inc. for eleven years and Vice President of Business Development and Strategy at Biggross.com for eleven years.

Lisa King was elected to the Company’s Board of Directors on October 14, 2021. Ms. King also served as Chief Executive Officer and President of the Company from October 2021 until the end of July 2022. Ms. King was recognized as Co-Chief Executive Officer of the society. Officer by court order issued August 19, 2022. Ms. King has over 25 years of professional experience as a marketing and branding executive, senior executive and consultant. From January 2021 to October 2021, Ms. King served as Managing Director of ZASH, where she, along with ZASH’s founders, led the development of its short and long-term business strategies. Ms. King is currently the CEO and majority shareholder of Magnifi U Inc., a company that provides a learning experience platform for personal and professional development, which she founded in August 2020.

Ross Miller is currently a consultant for Silver Palm Group and is also a county commissioner for Clark County, Nevada. He previously served as President and CEO of BKB Global, a wholly owned subsidiary of DirecTV, and Senior Vice President and General Counsel of Paragon Gaming, a Las Vegas-based casino gaming company. . Prior to that, he was elected America’s youngest secretary of state from 2006 to 2014. His leadership is recognized nationally, as he was named a “Top 10 Rising Political Star” by the Washington Post, a was selected as one of the “24 Rising Stars in American Governance” by the Aspen Institute and received a Rodel Fellowship in Public Leadership. He earned his BA from Stanford University and holds JD and MBA degrees from Loyola Marymount University.

Forward-Looking Statements and Disclaimers

This press release contains “forward-looking statements” as defined in the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995, which are based on beliefs and information currently available to the management of Vinco Ventures as well as on estimates and assumptions made by the management of Vinco Ventures. These statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this presentation, the words “estimate”, “expect”, “intend”, “believe”, “plan”, “anticipate”, “project” and other words or the negative of these similar terms and expressions when referring to the relevant company or its management identify forward-looking statements. These statements reflect Vinco Ventures’ current beliefs with respect to future events and are subject to risks, uncertainties, assumptions and other factors relating to Vinco Ventures and its subsidiaries and consolidated variable interest entities, including Lomotif, their sector, their financial situation, their operations and their results. of operations. These factors include, but are not limited to, the expected benefits of Vinco Ventures’ investments in Lomotif and related growth initiatives and strategies such as mixed media, cross-platform distribution strategy, expected benefits from participation and sponsorship of Lomotif in live entertainment events, the expected benefits of the acquisition of AdRizer and the planned integration of AdRizer technology with Lomotif and Honey Badger and the synergies between AdRizer, Lomotif and Honey Badger and other risks and uncertainties more fully described in documents filed by Vinco Ventures with or provided to the Securities and Exchange Commission, including the risk factors discussed in Vinco Ventures’ Annual Report on Form 10-K for the period ended December 31, 2021 filed on April 15, 2022, which are available at www.sec.gov. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results could differ materially from those anticipated, believed, estimated, expected, forecast or planned. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, performance or achievements. Except as required by applicable law, including United States securities laws, we do not intend to update forward-looking statements to conform them to actual results.

About Vinco Ventures

Vinco Ventures (NASDAQ: BBIG) focuses on the development of digital media and content technologies. Vinco Ventures’ consolidated subsidiary, ZVV Media Partners, LLC, a joint venture of Vinco Ventures and ZASH Global Media and Entertainment Corporation, owns an 80% interest in Lomotif Private Limited. Vinco Ventures owns a 100% interest in AdRizer, LLC.

For more information, please visit investors.vincoventures.com and follow us on LinkedIn and Twitter.

For more information, please contact:

Contact Investor

KCSA Strategic Communications
Allison Sos
[email protected]

Media Contact

Vinco Ventures, Inc.
Brian Hart
[email protected]

THE SOURCE: Vinco Ventures, Inc.

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