Zedge, Inc. Announces Change of Chief Financial Officer
August 06, 2020 at 06:32 am EDT
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On August 5, 2020, Jonathan Reich resigned as Chief Financial Officer of the Zedge, Inc. (in connection with his election as Chief Executive Officer of the Company); such resignation was accepted by the board on August 5, 2020. On August 5, 2020, the Board appointed Yi Tsai, age 64, to serve as Chief Financial Officer of the company. Mr. Tsai served as the company's Controller from August 2017 to August 2020. Previously, Mr. Tsai served as Chief Financial Officer of Peerless Systems Corporation, a NASDAQ listed company, from November 2012 until its sale to a financial buyer in February 2015.
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.
ZEDGE, INC. 
