Zedge, Inc. Announces New Appointment to Board of Directors
April 01, 2020 at 07:08 pm IST
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Zedge, Inc. announced that Paul Packer, founder of Globis Capital Advisors LLC, has joined the company's Board of Directors and its Audit Committee, effective April 1, 2020. Mr. Packer will chair the Audit Committee. This appointment brings Zedge's total board membership to 5. Paul Packer founded Globis Capital Advisors LLC, in 2001. Globis invests in startups, micro- and small-cap companies with a focus on hi-tech. Paul was appointed and designated as Chairman of The United States Commission for the Preservation of America's Heritage Abroad by President Donald J. Trump in 2017 and reappointed in 2019. Paul also serves as a director on the board of Elementor Ltd. He served as a director on the board of Wakingapp Ltd. prior to its sale to Scope AR in 2019 and on the board of Penguin Digital before it was acquired by Shutterfly.
Zedge, Inc. is engaged in building digital marketplaces and competitive games. The Company's products include Zedge Ringtones and Wallpapers, which is a freemium digital content marketplace offering mobile phone wallpapers, video wallpapers, ringtones and notification sounds; pAInt, a generative artificial intelligence (AI) wallpaper maker; GuruShots, a skill-based photo challenge game, and Emojipedia. It uses open-source software in connection with its services. The Zedge Ringtones and Wallpapers app is available both in Google Play and the App Store. Its GuruShots product offers a platform spanning iOS, Android, and the Web that provides an educational and structured way for amateur photographers to compete in a variety of contests. It has added non-fungible token (NFT) functionality to a limited number of Zedge Premium creators via NFTs Made Easy, and all NFT Made Easy transactions are made using Zedge Credits.