XpresSpa Opens First Full Service Spa in Charlotte

NEW YORK, Oct. 04, 2017 (GLOBE NEWSWIRE) -- XpresSpa, the industry-leading luxury airport spa company and a wholly owned subsidiary of FORM Holdings Corp. (Nasdaq: FH ), today announced the grand opening of its first full-service spa at Charlotte Douglas International Airport (CLT) located within Concourse D.  With the addition of this full-service spa, XpresSpa now has two locations in CLT, including a kiosk between concourses A and B.

Charlotte Douglas International Airport is the ninth busiest airport in the United States, serving nearly 45 million passengers in 2016. Concourse D is home to several luxury retail stores and well-known restaurants which are supported by both domestic and international flights that utilize the concourse’s 13 gates.

“This opening further reinforces XpresSpa’s leadership position as the premier brand of luxury airport spas.  In addition to the kiosk that opened last year, this spa is the first of multiple full-service spa locations which we expect to open at Charlotte Douglas International Airport.  This is consistent with our dual growth strategy of opening spas within both new airports as well as within airports in which XpresSpa already has a presence,” said Ed Jankowski, CEO of XpresSpa.  “We expect to open a second full-service location at CLT this calendar year in an adjacent concourse, which puts us on pace to achieve our accelerated unit growth goals for 2017.” “We are thrilled and very appreciative of this opportunity to continue expanding our long-standing relationship with Charlotte Douglas International Airport and to deliver XpresSpa to travelers,” said Gregg Paradies, president and CEO, Paradies Lagardère. “This unique service offering will be a great complement to the airport and a strong fit for the passengers in this market.”

About Paradies Lagardère

Paradies Lagardère, the travel retail and restaurateur leader in North America, operates more than 850 stores and restaurants in 98 airports. The company specializes in three airport concessions areas: Travel Essentials, Specialty Retail and Food and Beverage, and has expertise in international, national and local brands. Paradies Lagardère’s commitment to exceptional customer service, superior design and award-winning store and restaurant operations and management, has earned the company numerous accolades from the travel industry, including being named Best Airport Retailer for 22 consecutive years by  Airport Revenue News  magazine. Paradies Lagardère’s headquarters is in Atlanta, Ga., with an office in Toronto, Ontario. For more information, visit  http://paradieslagardere.com .

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, Holland and the United Arab Emirates.  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. is a diversified holding company engaged in building a preeminent pure-play health & wellness services company around its core asset XpresSpa.  FORM's current holdings include XpresSpa, Group Mobile, 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. 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., visit: www.FormHoldings.com .

Forward-Looking Statements

This press release contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934. These include statements preceded by, followed by or that otherwise include the words "believes," "expects," "anticipates," "estimates," "projects," "intends," "should," "seeks," "future," "continue," or the negative of such terms, or other comparable terminology. Forward-looking statements relating to expectations about future results or events are based upon information available to FORM Holdings as of today's date, and are not guarantees of the future performance of the company, and actual results may vary materially from the results and expectations discussed. Additional information concerning these and other risks is contained in FORM’s most recently filed Annual Report on Form 10-K, Quarterly Report on Form 10-Q, recent Current Reports on Form 8-K and other SEC filings. All subsequent written and oral forward-looking statements concerning FORM, or other matters and attributable to FORM or any person acting on its behalf are expressly qualified in their entirety by the cautionary statements above. FORM does not undertake any obligation to publicly update any of these forward-looking statements to reflect events or circumstances that may arise after the date hereof.

Contacts XPRESSPA Brad Zeifman SHADOW 212-972-0277 Brad@weareshadow.com

FORM Holdings Jeff Sonnek ICR 646-277-1263 Jeff.Sonnek@icrinc.com