TSR, Inc. announced that as of the Effective Time, Robert Fitzgerald, Timothy Eriksen and Bradley Tirpak each ceased to be directors of the Company and members of any committee of the Company?s board of directors. These departures were not a result of any disagreement between the Company and the directors on any matter relating to the Company?s operations, policies or practices. In accordance with the terms of the Merger Agreement, the sole officer of Merger Sub immediately prior to the Effective Time became an officer of the Company effective as of the Effective Time.

The sole officer of Merger Sub immediately prior to the Effective Time was Justin Christian as President.