
NTN BUZZTIME APPOINTS JEFF BERG TO BOARD OF DIRECTORS
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CARLSBAD, Calif., August 19, 2008/ PRNewswire- -- NTN Buzztime, Inc. (Amex: NTN), today announced that the Board of Directors has been increased to six members adding new media executive Jeffrey A. Berg. Mr. Berg has been appointed to serve as an independent member of the Company's Board of Directors, effective August 19, 2008. Mr. Berg, a significant shareholder of NTN Buzztime, Inc. is currently Chairman of and lead investor in Surfline/Wavetrak Inc., an action sports web site. In 1999, he co-founded Swell, a direct marketer of surf apparel and accessories, and is currently its lead Director and largest shareholder. He is also founder and owner of Airborne Media LLC, a specialty media company which operates web sites and publishes magazines and other niche-market print products. All told, he has over 12 years' experience in founding, chairing and/or holding lead investor positions in new media companies and taking ‘hands-on' roles in contributing to their success.
Between 1995 and 2000, Mr. Berg was Chairman of AccentHealth. He led its financing and strategic development from its pilot phase to a network now providing segmented, patient education-oriented TV programming to over 10,000 medical waiting rooms. AccentHealth programming reaches 11.7 million consumers every month.
Mr. Berg has over 20 years' experience as a professional investor, having founded Matador Capital Management in 1993, and before that working for 9 years at Raymond James Financial as an institutional securities analyst. He holds a Bachelor of Business Administration degree from the University of Florida and certification as a Chartered Financial Analyst.
Commenting on the appointment of Mr. Berg, Michael Fleming, Chairman of the Board and interim Chief Executive Officer said, "We are very pleased to welcome Jeff Berg to the Board of Directors. Anchored by his success as an investment professional, he has practical new media experience and relevant success with advertising supported networks. The expertise and vision he has shown in leading multiple new media ventures to success will prove uniquely valuable to our management team in charting the way forward for NTN Buzztime."
The addition of Berg to the expanded sixth seat is a concrete demonstration of the company's commitment to bringing new talent to the Board of Directors. It is anticipated that the Board will include two or three new directors by next year's annual meeting.
About NTN Buzztime, Inc. NTN Buzztime, Inc., a leader in interactive entertainment for more than 20 years, is based in Carlsbad, CA. Buzztime is distributed in-home and out-of-home across broadband platforms including online, cable TV, satellite TV and in approximately 3,750 restaurants, sports bars and pubs throughout North America. Buzztime entertainment is also available on electronic games and in books. For more information, please visit http://www.buzztime.com. Buzztime is a proud member of the OVAB |Out-of-home Video Advertising Bureau.
Forward-looking Statements; This release contains forward-looking statements which reflect management's current views of future events and operations including but not limited to projected future financial results and business trends. These statements are based on current expectations and assumptions that are subject to risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties include the risk of changing economic conditions, failure of product demand or market acceptance of both existing and new products and services and the impact of competitive products and pricing. Please see NTN Buzztime, Inc.'s recent Form 10-K and other filings with the Securities and Exchange Commission for information about these and other risks that may affect the Company. All forward-looking statements included in this release are based on information available to us on the date hereof. These statements speak only as of the date hereof, and NTN Buzztime, Inc. does not undertake to publicly update or revise any of its forward-looking statements, even if experience or future changes show that the indicated results or events will not be realized. # # # |




