Liberty Tax Service Names Chris Carroll as Vice President of Sales and Marketing

VIRGINIA BEACH, VA--(Marketwired - Oct 23, 2013) - JTH Holding, Inc. (NASDAQ: TAX) (the "Company"), the parent company of Liberty Tax Service, announced today that Chris Carroll will assume the position of Vice President of Sales and Marketing.Mr. Carroll has over 30 years of marketing and advertising experience, including tenure with large franchisors such as Subway Restaurants, Burger King and Cosi Restaurants.Most recently, Mr. Carroll served as Executive Vice President and Chief Client Officer and Executive Group Director of Zimmerman Advertising in Florida, where he was responsible for overseeing agency operations of that company's retail division.In this position, Mr. Carroll worked with numerous clients, including several franchisors, on marketing strategies, creative development and franchisee recruitment.

"We are excited to have someone with Chris's background joining our team.His long history of working for and with franchisors will bring new ideas and innovations to expand our current marketing techniques," said John Hewitt, Chief Executive Officer."The addition of Chris completes one part of the management team expansion we announced recently, and adds someone with significant franchisor marketing capabilities to a team that is already the most experienced in the industry."

About JTH Holding, Inc.Founded in 1997 by CEO John T. Hewitt, JTH Holding, Inc. is the parent company of Liberty Tax Service.As the fastest-growing tax preparation franchise, Liberty Tax Service has prepared almost 16 million individual income tax returns.Liberty Tax Service also offers an online tax service, eSmart Tax, which enables customers to do their own taxes wherever there's a computer.eSmart Tax is backed by the tax professionals at Liberty Tax Service and its nationwide network of over 30,000 tax preparers, ready to offer their assistance at any time. For a more in-depth look at Liberty Tax Service, visit http://www.libertytax.com.

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Liberty Tax Service Names Chris Carroll as Vice President of Sales and Marketing