Wizzard Closes Acquisition of Libsyn

PITTSBURGH - Wizzard Software (OTCBB:WIZD) closed its acquisition of Webmayhem, the parent company of Liberated Syndication (Libsyn), the new media company for people to host and distribute podcasts.

As a result of the acquisition, Alan Costilo, a long-time member of Wizzard's Board of Directors, resigned his seat on the board on March 16, 2007. As a result of Costilo's resignation, Wizzard's Board of Directors unanimously voted to elect Dave Mansueto from Libsyn to fill the vacancy.