XPRESSPA ANNOUNCES THE OPENING OF ITS FIRST SPA LOCATION AT PHOENIX SKY HARBOR INTERNATIONAL AIRPORT

XPRESSPA ANNOUNCES THE OPENING OF ITS FIRST SPA LOCATION AT PHOENIX SKY HARBOR INTERNATIONAL AIRPORT

ID: 541931

(Thomson Reuters ONE) -


NEW YORK - May 11, 2017 - XpresSpa, the industry-leading luxury airport spa
company and a wholly-owned subsidiary of FORM Holdings Corp. (Nasdaq: FH), today
announced that it has opened its first location at Phoenix Sky Harbor
International Airport (PHX) in Terminal 4, D Gates.  With the addition of PHX,
XpresSpa now has locations in 22 airports worldwide.

Phoenix Sky Harbor is among the 11 busiest airports in the United States and top
30 worldwide, serving in excess of 40 million passengers per year. The airport
recently completed a significant renovation to Terminal 4, its largest terminal,
as it better positions its services and amenities for its growing passenger
volumes.  XpresSpa's location is ideally located near the hub of Terminal 4 next
to Gate D2, adjacent to a host of other retail and food offerings, positioning
XpresSpa to maximize customer impressions and further raise the profile of the
XpresSpa brand.

XpresSpa already has plans in place for its second location at Phoenix Sky
Harbor.  This second location is currently under construction in Terminal 4, B
Gates, and is expected to open later this month.

"XpresSpa's entry into Phoenix Sky Harbor International Airport is a testament
to our Company's superior luxury spa offering that is complementary with the
airport management authorities' strategy of enhancing their retail and service
offerings," said Ed Jankowski, CEO of XpresSpa.  "Additionally, our proven
multi-unit model within major airports such as John F. Kennedy in New York and
now Phoenix Sky Harbor reinforces our position as the number one luxury airport
spa brand worldwide. We are pleased to be aligned with the growing trends at
Phoenix Sky Harbor and look forward to additional opportunities in the future,"
Mr. Jankowski continued.





The new spa was officially opened on May 11, 2017.



XpresSpa's 1(st) opening at Phoenix Sky Harbor International Airport, Terminal
4 D Gates



About XpresSpa

 XpresSpa is the industry-leading luxury travel spa business, serving almost one
million air travelers each year at its 22 airports in the United States,
Amsterdam and Dubai.  XpresSpa offers travelers premium spa services, including
massages, reflexology, stress and tension release, manicures, pedicures, facials
and waxing.  Its Xpress nail, massage and hair blow-out services are designed
specifically for the busy traveling customer, with treatments completed in 30
minutes or less.  In stores and online, XpresSpa also offers exclusive luxury
travel products and accessories, including travel pillows, blankets, massagers,
and personal, hair, nail and bath and body products. XpresSpa has over 750
employees, including talented teams of professionally licensed massage
therapists, cosmetologists and nail technicians who are committed to providing
exceptional customer experiences. www.xpresspa.com


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. 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.  www.FormHoldings.com


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.



Contacts
FORM Holdings
Jeff Sonnek
ICR
646-277-1263
Jeff.Sonnek(at)icrinc.com

XPRESSPA
Brad Zeifman
SHADOW
212-972-0277
Brad(at)weareshadow.com





This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: FORM Holdings Corp. via GlobeNewswire




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Bereitgestellt von Benutzer: hugin
Datum: 11.05.2017 - 14:31 Uhr
Sprache: Deutsch
News-ID 541931
Anzahl Zeichen: 8663

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