Wizard World Inc. appoints John D. Maatta to its Board of Directors

Official Press Release

Wizard World, Inc. (WIZD) appoints John D. Maatta to its Board of Directors

Maatta Brings a Significant History of Entertainment Industry Experience to the Wizard World Board

NEW YORK and LOS ANGELES, May 25, 2011 Wizard World, Inc. (symbol: WIZD) (the “Company”), a digital entertainment and event company, today announced that John D. Maatta, current COO of the CW Television Network, and an entertainment industry executive with 25 years of experience, has been appointed to its Board of Directors (the “Board”). The appointment of John D. Maatta to the Board follows the recent Board appointments of Greg Suess from ROAR and John Macaluso, and signals another step forward for the Company’s planned expansion in the pop-culture space.

Michael Mathews, Wizard World’s Chairman, said: “John brings a track record with many years of operating experience in the entertainment industry. We’re looking forward to benefiting from John’s unique insights and advice as we move forward and continue to grow our media and entertainment company.”

John D. Maatta, said: “When I was first introduced to Wizard World, I was extremely impressed by both the significant space that the Company currently occupies in the pop-culture world, as well as how well-positioned the Company is in its sector.”

Gareb Shamus, Wizard World CEO, said: “John will be a tremendous addition to the Wizard World Board. Because of his years of experience and increasingly responsible positions in the entertainment industry, John’s knowledge and intuition will make him a valued voice on our Board, we couldn’t be more excited!”

Maatta is the Chief Operating Officer of The CW Network since its launch in January 2006, a joint venture between Warner Bros. Entertainment and CBS Corporation, The CW went on air Sept. 20, 2006 as America’s new fifth broadcast network and the only network targeting young adults 18-34. Maatta oversaw the formation and launch of The CW, which included, under his guidance, building a stronger distribution system than any new network has ever had. Prior to The CW, Maatta served as the Chief Operating Officer for The WB, a position he held since September 2005. As COO of The WB, Maatta served as the network’s General Counsel, as well as having direct oversight of all business and operations departments, such as business affairs, finance, network distribution, which included The WB 100+ station group, technology, legal, research, network operations, broadcast standards and human resources. He earned the distinction of being The WB’s very first employee, making many of the initial distribution deals, he has also been in the Warner Bros. family since 1986 when he joined Lorimar Telepictures Corporation; subsequently at Warner Bros. Television, Maatta held the positions of Senior Attorney and Vice President, before he moved to The WB in 1993.

About Wizard World:

Wizard World produces Comic Cons and pop culture conventions across North America that celebrate graphic novels, comic books, movies, TV shows, gaming, technology, toys and social networking. The events often feature celebrities from movies and TV, artists and writers, and events such as premieres, gaming tournaments, panels, and costume contests. Wizard World also produces Wizard World Digital, an online publication covering new and upcoming products and talents in the pop culture world, and is distributed on a weekly basis to online and iPad users worldwide.

Wizard World’s full event schedule can be found at www.wizardworld.com.

Cautionary Statement Regarding Forward-Looking Statements

Statements in this press release relating to Wizard World, Inc.’s future plans, expectations, beliefs, intentions and prospects are “forward-looking statements” and are subject to material risks and uncertainties. When used in this press release, the words “will,” “future,” “expect,” “look forward to,” similar expressions and any other statements that are not historical facts are intended to identify those assertions as forward-looking statements. Any such statement may be influenced by a variety of factors, many of which are beyond the control of Wizard World that could cause actual outcomes and results to be materially different from those projected, described, expressed or implied in this press release due to a number of risks and uncertainties. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur. A detailed discussion of these factors and other risks that affect Wizard World’s business is contained in its SEC filings, including its Form 8-K/A filed on February 18, 2011, particularly under the heading “Risk Factors.” Copies of these filings are available online from the SEC or by contacting Joe Favorito, Public Relations, at (917) 566-8345. All information set forth in this press release is current as of May 25, 2011. Wizard World undertakes no duty to update any statement in light of new information or future events.