Former Goldman Sachs Equity Analyst and Venture Capital Veteran Brings Additional Crypto and Blockchain Expertise to SNAP Leadership

NEW YORK, NY / ACCESSWIRE / November 28, 2017 / Snap Interactive, Inc. ("SNAP," the "Company," "we," "our" or "us") (OTCQB: STVI), a leading provider of live video social networking applications building on innovative technologies such as blockchain, today announced that it has appointed Wall Street crypto expert and venture capital veteran Lou Kerner to its Blockchain Advisory Board. Upon accepting his appointment, Mr. Kerner will begin advising on the strategic development of blockchain and crypto initiatives at SNAP in order to assist with the Company's strategy of capturing the growth and value creation potential of these emergent technologies. Mr. Kerner will also leverage his significant experience to provide advice to the Company regarding macro-crypto and blockchain industry developments.

"We are thrilled to add Lou to our Blockchain Advisory Board," said Alex Harrington, SNAP's Chief Executive Officer. "Lou is one of Wall Street's top thinkers and influencers on the potential of Blockchain and cryptocurrencies and their ability to revolutionize a large swath of the economy. In addition to his macro views on crypto, Lou brings a wealth of knowledge in such areas as crypto token economics, governance and consensus, and crypto for social good. We expect Lou to contribute significantly to guiding our investments in blockchain partnerships and internal initiatives, and to help us educate the investor community on SNAP's exciting blockchain growth potential."

Mr. Kerner noted, "I'm excited to work with SNAP's management and join Mike Jones on the Blockchain Advisory Board as I believe that SNAP's leadership in video social networking, combined with its blockchain platform strategy, positions SNAP to be a leader in the emerging blockchain and crypto economy."

Since 2013, Mr. Kerner has been a crypto enthusiast, investor, public speaker, advisor and thought leader. Mr. Kerner is ranked among the five most influential crypto bloggers on Medium and regularly holds conference calls with crypto industry innovators attended by hundreds of crypto enthusiasts and investors from around the world.

Lou Kerner is a Partner at Flight VC where he manages The Israel Founders Syndicate, which invests in Israel-based tech companies. Prior to Flight VC, Mr. Kerner was the Managing Partner of The Social Internet Fund (SIF) and an angel investor, best known for investing in Facebook and writing the first Wall Street style research report on the company in 2010. Prior to start-up investing, Mr. Kerner ran two digital companies, including Bolt (the largest social network before MySpace), and .tv (dot "tv"), which commercialized the ".tv" top-level domain and was acquired by Verisign. Lou also had a distinguished career as an equity analyst following media and tech companies for Goldman Sachs and Merrill Lynch.

Lou has a B.A. from UCLA and an MBA from The Stanford Graduate School of Business.

About Snap Interactive, Inc.

Snap Interactive, Inc. is a leading provider of live video social networking applications building on innovative technologies such as blockchain. SNAP's product portfolio includes Paltalk and Camfrog, which together host one of the world's largest collections of video-based communities, and FirstMet, a prominent interactive dating brand serving users 35 and older. The Company has a long history of technology innovation and holds 26 patents related to video conferencing and online gaming.

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SOURCE: Snap Interactive, Inc.