Ecoark Completes Acquisition of 440labs, Adding Leading Enterprise Cloud Solution Developer to its Portfolio

440labs CEO Scott Durgin Will Join Ecoark Subsidiary Zest Labs as Chief Technical Officer

Rogers, AR – May 24, 2017 – Ecoark Holdings, Inc. (“Ecoark”) (OTCQX: EARK), a diversified holding company, today announced that it has completed the acquisition of 440labs, a cloud and mobile software developer, to support its subsidiary, Zest Labs, adding to their leadership in increasing supply chain expertise in an all-stock transaction. The company also announced that 440labs CEO Scott Durgin will join Zest Labs as Chief Technical Officer.

With this acquisition, 440labs will become a wholly-owned subsidiary of Zest Labs. The company will provide development and runtime operations expertise to help expand the depth and breadth of Zest Fresh deployments. 440labs has been a key development partner of Zest Labs for more than four years, contributing its expertise in scalable enterprise cloud solutions and mobile applications.

“After years of collaboration, the acquisition of 440labs was an easy decision for our team as we continue to develop the Zest Fresh solution,” said Peter Mehring, CEO of Zest Labs. “Additionally, having Scott join our team as CTO will be invaluable, as he brings the necessary domain expertise to aid in increasing our supply chain efficiencies.”

At Zest Labs, 440lab’s leadership and engineering teams will augment the company’s development of modern, enterprise-scale solutions that connect to distributed IoT deployments. 440labs blends onshore/offshore resources to optimize development and provide extended runtime operations coverage, which is critical to broad-based deployments. The 440labs name, brands and office locations will not change as a result of the transaction.

“Our team is excited to officially be part of Zest Labs and further strengthen the Zest Fresh solution in the market through our technical expertise,” said Durgin. “Zest Labs is entering into an exciting stage of its growth and 440labs’ technology will help fuel the company as it continues on its successful trajectory.”

About Ecoark Holdings Inc.
Founded in 2011, Ecoark Holdings, Inc. is a diversified holding company focused on delivering long-term shareholder value. The company currently has three wholly-owned subsidiaries: Zest Labs, Pioneer Products and Magnolia Solar. For more information, please visit www.ecoarkusa.com, and follow us on Twitter and LinkedIn.

Forward Looking Statement
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: access to growth capital on favorable terms; adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

Contacts:

Investor Relations:

John Mills, Managing Partner
ICR, Inc.
646-277-1254
John.Mills@icrinc.com

Public Relations:

Keith Watson
fama PR
617-986-5001
ecoark@famapr.com

Ecoark Announces $10 Million Registered Direct Offering

Rogers, AR – May 23, 2017 – Ecoark Holdings, Inc. (OTCQX: EARK), a diversified holding company, today announced that it has entered into definitive agreements with two existing institutional investors for an offering of 2,500,000 shares of common stock, at a price per share of $4.00, issued with warrants to purchase 1,875,000 shares of common stock. The warrants have an exercise price of $5.50 per share and will expire five years from the date of issuance. The closing of the offering is expected to take place on or about May 26, 2017, subject to the satisfaction of customary closing conditions.

Rodman & Renshaw, a unit of H.C. Wainwright & Co., is acting as the exclusive placement agent in connection with this offering. Net proceeds from the offering are expected to be approximately $9.1 million, excluding potential proceeds from the exercise of the warrants. Ecoark intends to use the net proceeds from the offering for growth and working capital to help its subsidiaries’ commercialization efforts, such as Zest Labs, and to add additional strategic acquisitions to its portfolio.

The securities described above are being offered by Ecoark Holdings pursuant to a shelf registration statement (File No. 333-213186) previously filed with and subsequently declared effective by the Securities and Exchange Commission (the “SEC”). A prospectus supplement relating to the offering will be filed with the SEC and will be available on the SEC’s website at http://www.sec.gov and following such filing, copies of the prospectus supplement and the accompanying base prospectus relating to this offering may be obtained at the SEC’s website at http://www.sec.gov, or from H.C. Wainwright & Co., LLC by e-mailing placements@hcwco.com or calling 646-975-6996.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein. There shall not be any offer, solicitation of an offer to buy, or sale of securities in any state or jurisdiction in which such an offering, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Ecoark Holdings Inc.
Founded in 2011, Ecoark Holdings, Inc. is a diversified holding company focused on delivering long-term shareholder value. The company currently has three wholly-owned subsidiaries: Zest Labs, Pioneer Products and Magnolia Solar. For more information, please visit www.ecoarkusa.com, and follow us on Twitter and LinkedIn.

Forward Looking Statement:
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations and statements relating to our expectations regarding the completion of the proposed registered offering. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern; adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; our ability to list our shares of common stock on a national exchange; the timing, size and closing of the offering, the use of proceeds from the offering and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Other factors that may cause such a difference include, without limitation, risks and uncertainties related to market and other conditions, the satisfaction of customary closing conditions related to the proposed registered offering and the impact of general economic, industry or political conditions in the United States or internationally. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

Contacts:
Investor Relations:
John Mills, Managing Partner
ICR, Inc.
646-277-1254
John.Mills@icrinc.com

Public Relations:
Keith Watson
fama PR
617-986-5001
ecoark@famapr.com

Ecoark Announces Filing of Form 10-QT in Preparation for NASDAQ Uplisting

Company moves forward with its active uplisting application for the NASDAQ by filing a Form 10-QT with the SEC and completing the change in their fiscal year-end date
Rogers, AR – May 9, 2017 – Ecoark Holdings, Inc. (“Ecoark”) (OTCQX: EARK), a diversified holding company, today announced that they have filed a Form 10-QT with the SEC in preparation for uplisting to the NASDAQ Capital Market and furthering, as previously reported in a February 2017 release, the approval by the Board of Directors of the change in the Company’s fiscal year end from December 31 to March 31. The change resulted in a stub transition period from January 1, 2017 to March 31, 2017.

“We are pleased to reach this important milestone. By filing our March 31, 2017 Form 10-QT and completing the change in our fiscal year end, we are now in a position to submit a revised application to list our company on the NASDAQ Capital Market,” stated Jay Puchir, CEO of Ecoark. “We have made significant progress spanning all areas of the organization and believe the enhancements to our Board of Directors, management team, capital structure and growth opportunities for our overall business, have us well positioned to achieve a NASDAQ uplisting in the near future.”

About Ecoark Holdings Inc.
Founded in 2011, Ecoark Holdings, Inc. is a diversified holding company focused on delivering long-term shareholder value. The company currently has three wholly-owned subsidiaries: Zest Labs, Pioneer Products and Magnolia Solar. For more information, please visit www.ecoarkusa.com, and follow us on Twitter and LinkedIn.

Forward Looking Statement
This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: access to growth capital on favorable terms; adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

Contacts:
Investor Relations:
John Mills, Managing Partner
ICR, Inc.
646-277-1254

Public Relations:
Keith Watson
fama PR, Inc.
617-986-5001

Ecoark Announces Addition of Susan Chambers and Steven Nelson to Its Board of Directors

Company Expands Board to Increase Breadth of Experience In Preparation for Nasdaq Uplisting

Rogers, AR – April 27, 2017Ecoark Holdings, Inc. (“Ecoark”) (OTCQX: EARK), a diversified holding company, today announced that Susan Chambers and Steven Nelson have joined the company’s Board of Directors. The board additions come after the recent organizational changes to streamline operations and focus key subsidiaries on attaining profitability as the company prepares for its uplisting to the Nasdaq Capital Market.

Chambers and Nelson offer invaluable experience to Ecoark as it prepares for the next critical stage of growth.  Moreover, their appointments increase the number of independent directors serving on the board to five members, who now represent a majority of the Board. Chambers’ extensive background in retail, with particular emphasis on human resources, executive compensation, supply chain, risk management and technology, will be an asset to the Board and Ecoark. Nelson’s professional background and experience qualify him as an “audit committee financial expert,” as defined by the rules of the SEC, and serve as the basis for his position on the Board and its audit committee.  Both new board members’ insights from careers with exchange-traded publicly held companies will be vital as Ecoark prepares for its uplisting.

“Susan Chambers has held key senior leadership positions in strategic operational roles, and combined with her service on the board of another public company provides the experience that will be instrumental to our Board,” said Jay Puchir, CEO of Ecoark. “Additionally, Steven Nelson’s history as the former controller of a public company uniquely qualifies him to give direction to Ecoark on general accounting and financial matters as well as areas in corporate governance and risk management that the company will now address.”

Susan Chambers has over 30 years of experience in the retail industry, and, since July 2015, has served as principal of Chambers Consulting LLC. She previously served as the Chief Human Resource Officer for Walmart from 2006 to her retirement in July 2015. Prior to serving as Chief Human Resource Officer, Chambers served in various positions at Walmart, including Vice President of Application Development — Merchandising and Supply Chain Systems and Senior Vice President of Risk Management, Retirement and Benefits. Before joining Walmart, Chambers served as Director of Application Development at Hallmark Cards, Inc., where she had roles of increasing responsibility in IT and finance over a 14-year tenure. Chambers also currently serves on the Board of Directors of USA Truck, Inc. (NASDAQ:USAK) and as chair of its executive compensation committee.  Chambers will chair Ecoark’s compensation committee.

Steven Nelson joins Ecoark’s Board with 35 years of experience as a CPA and extensive experience as controller of a publicly traded company. He has been a lecturer for the Department of Accounting at the University of Central Arkansas since 2015. Previously, Nelson served as Vice-President, Controller of Dillard’s, Inc. (NYSE:DDS), where he was responsible for administering all aspects of financial accounting and reporting. He maintains an active license as a CPA in the State of Arkansas, and regularly develops and delivers continuing professional education presentations for CPAs in Arkansas. Nelson will chair Ecoark’s audit committee.

The two new directors come at a pivotal time in Ecoark’s history, as it positions itself for aggressive growth through strategic acquisitions while helping its current subsidiaries focus on increasing sales and attaining profitability in order to increase shareholder value.

About Ecoark Holdings Inc.

Founded in 2011, Ecoark Holdings, Inc. is a diversified holding company focused on delivering long-term shareholder value. The company currently has three wholly-owned subsidiaries: Zest LabsPioneer Products and Magnolia Solar. For more information, please visit www.ecoarkusa.com, and follow us on Twitter and LinkedIn.

Forward Looking Statement

This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: access to growth capital on favorable terms; adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.

Ecoark Holdings, Inc. Completes Sale of Eco3d

Company reallocating capital as it continues focus on generating long-term shareholder value through commercialization of core technologies and new strategic acquisitions

Rogers, AR (April 17, 2017) – Ecoark Holdings, Inc. (“Ecoark”) (OTCQX: EARK), a provider of a suite of proprietary technologies and services that drive sustainability and facilitate sustainable growth for a wide range of clients, today announced it has completed a sale of the assets of its subsidiary, Eco3d, for cash and assets with a value of approximately $4.8 million. The transaction was completed on April 14, 2017.  Proceeds from the sale consist of $1.9 million cash, 560,000 shares of Ecoark Holdings, Inc.’s common stock, returned to the company by the buyer’s principals at $4.74 per share, the closing share price on the date of the transaction closing, and the assumption of liabilities, including $200,000 payable to Ecoark Holdings within four months.

“This transaction is another significant step in our strategic growth plan, as it allows us to further focus our efforts on the commercialization and eventual profitability of our core technologies, such as Zest Fresh, and to add additional strategic acquisitions to our portfolio that provide the greatest opportunity of generating long-term shareholder value,” said Jay Puchir, CEO, Ecoark Holdings, Inc. “Eco3d was a positive addition to our portfolio, as it had strong management and was well recognized as an industry-leader within its space. As Ecoark continues to hone its focus towards its core mission, we will continue to allocate new and existing capital toward investments that provide long-term shareholder value as we enter this exciting next phase for our Company and our shareholders.”

The sale is one of several recent steps taken by the Company to further streamline operations and reallocate capital to achieve its core mission – generate long-term shareholder value by establishing and developing a portfolio of subsidiaries featuring either stable, free cash flow positive businesses or opportunistic, scalable technologies. The Company will continue its production of commercialized solutions to solve the $35 billion dollar problem of fresh food loss within the supply chain, led by its wholly owned subsidiary Zest Labs and its fresh management solution, Zest Fresh. Zest Labs has an opportunistic, scalable technology that reduces waste and maintains freshness quality, consistency, and margins within the fresh foods supply chain, providing real-time feedback that empowers workers to maintain best practices.

About Ecoark Holdings, Inc.

Based in Rogers, AR and founded in 2011, Ecoark Holdings, Inc. is a growth-oriented company based in the retail and logistics hub of Northwest Arkansas. Ecoark’s current portfolio of subsidiaries monetize the reduction of waste in Operations, Logistics, and Supply Chains across the evolving global economy.

Ecoark’s vision is to deploy a company-first philosophy using radical transparency to optimize capital deployment via aggressive deal flow sourcing and vetting, and achieve financial objectives by hiring and developing strong, properly incentivized managers.

Ecoark addresses these vital economic factors through three active subsidiaries, Zest Labs, Pioneer Products, and Magnolia Solar.

For more information, please visit http://www.ecoarkusa.com/.

Forward Looking Statement:

This release contains forward-looking statements, including, without limitation, statements concerning our business and possible or assumed future results of operations. Our actual results could differ materially from those anticipated in the forward-looking statements for many reasons including: our ability to continue as a going concern; adverse economic changes affecting markets we serve; competition in our markets and industry segments; our timing and the profitability of entering new markets; greater than expected costs, customer acceptance of our products or difficulties related to our integration of the businesses we may acquire; and other risks and uncertainties as may be detailed from time to time in our public announcements and SEC filings. Although we believe the expectations reflected in the forward-looking statements are reasonable, they relate only to events as of the date on which the statements are made, and our future results, levels of activity, performance or achievements may not meet these expectations. We do not intend to update any of the forward-looking statements after the date of this document to conform these statements to actual results or to changes in our expectations, except as required by law.