VANCOUVER, British Columbia, September 17, 2021 (GLOBE NEWSWIRE) – ESE Entertainment Inc. (TSXV: ESE) (OTCQB: ENTEF) (the “Society” Where “ESE”) Is pleased to announce its participation in the ADAC SimRacing Expo, which will take place on the Nürburgring circuit in Germany from September 17th.e to 19e, over more than 8,000 m² of exhibition space, in the presence of Porsche, BMW and 26 international companies. It is one of the leading racing simulation events and attracts over 23,500 visitors including motorsport fans, professional players and racers with around 800,000 live viewers. Visitors to the exhibition will also find the latest hardware for high-end simulators, as well as affordable setups at the Digital Motorsports trade booth. The Expo is rounded off by the 1000 kilometer race which takes place at the same time. First-rate racing cars from all decades of the glorious years of historic 1,000-kilometer races will be present: Ferraris GT 250, Jaguar, Porsche RSR, Mercedes, DeTomaso, BMW or Ford GT40.
Niall Maher, CEO of Digital Motorsports, said: “I am very happy to participate in the ADAC SimRacing Expo. Having the largest booth right in the heart of the Expo is a statement that we are a world leader in esports racing. I will also be announcing exciting new partnerships and unveiling advanced motion simulators and AR / VR technology. Our VIP night is already oversubscribed with key decision makers, influencers and industry experts, who will have the opportunity to participate in a live challenge. We will also announce our plans for the first digital Motorsport World Cup to be held this year. It’s a very exciting time for Digital Motorsports and it brings our group closer to one of the largest gaming and esports infrastructure companies in the world. ‘ “
ADAC (acronym for Allgemeiner Deutscher Automobil-Club; General German Automobile Club) is the largest automobile association in Europe. The purpose of ADAC is “the representation, promotion and defense of the interests of the automobile, motorsport and tourism”. Its original and best-known service is roadside assistance. The club also offers other products and services – directly or through subsidiaries, distributes city maps, road maps and road atlases and operates several driver safety centers. ADAC regularly issues press releases and publishes the club magazine ADAC Motorwelt to keep its env. 21.2 million members. ADAC is affiliated with the following organizations:
- FIA, the international automobile federation
- FIVA, the international federation of historic vehicles
- Euro NCAP, a crash test consortium
- European Movement Network Germany
About digital motorsports
Digital Motorsports is an award-winning organization and one of the leading providers of racing simulation solutions in Europe, specializing in custom-built simulator construction and offering turnkey simulator packages. Digital Motorsports has distribution rights and partnerships with key suppliers in the industry, and they have worked with world champions in multiple disciplines of F1, WEC, WRC, Drifting, and more. ESE completed the acquisition of Digital Motorsports on September 14, 2021. | www.digital-motorsports.com
The Company also announces that it has issued 200,000 shares to Ron Segev, a director of the Company, in accordance with an agreement dated August 11, 2020. All issued shares will be subject to a four-month holding period imposed by the Stock Exchange. TSX Venture. Exchange it “TSXV“), calculated from the date of issue, and 120,000 of the shares will be subject to and released from escrow in four equal installments every six months, effective February 17, 2022. The issuance of escrow shares remains subject to the approval of the TSX Venture Exchange.
ESE is a European entertainment and technology company focused on games, particularly esports. The Company provides a range of services to leading video game developers, publishers and brands by providing technology, infrastructure and fan engagement services internationally. ESE also operates its own e-commerce channels, esports teams, and gaming leagues. In addition to the Company’s organic growth opportunities, the Company is considering selective acquisitions that align with its goal of becoming a dominant global player in esports technology and infrastructure. | www.ese.gg
This press release contains certain statements that may constitute forward-looking information under applicable securities laws. All statements, other than those of historical fact, that deal with activities, events, results, developments, performance or achievements that ESE anticipates or expects to occur or will occur in the future (in whole or in part) should be considered as prospective. information. Such information may involve, without limitation, statements regarding (i) the success of Digital Motorsports’ participation in the Expo, and the resulting benefits for ESE and Digital Motorsports; (ii) the new partnerships of Digital Motorsports; (iii) the plans and schedule for the Digital Motorsports World Cup; and (iv) ESE receives approval from the TSX Venture Exchange for the issuance of shares. Often, but not always, forward-looking information can be identified by the use of words such as “plans”, “expects”, “is planned”, “budget”, “planned”, “estimates”, “forecasts”. “,” Hears “,” anticipates “or” believes “or variations (including negative variations) of these words and expressions, or statements made in the future or indicating that certain actions, events or results” may “,” could “,” Would “,” could “or” will “(or other variations of the above) be taken, occur, be achieved or be realized. Forward-looking information is based on competitive, financial and economic data and operating plans, strategies or beliefs currently available as of the date of this press release, but involves risks, uncertainties, assumptions and others. known and unknown factors that may cause actual results. , the performance or achievements of ESE are materially different from the future results, performances or achievements expressed or implied by the forward-looking information. These factors may be based on information currently available to ESE, including information obtained from third party industry analysts and other third party sources, and are based on management’s current expectations or beliefs regarding future growth, operating results, future capital (including the amount, nature and sources of their funding) and expenses. Any forward-looking information contained in this press release is expressly qualified by this cautionary statement. Trading in SEE securities should be viewed as highly speculative.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE ESE Entertainment Inc.
For more information on ESE, please contact:
Daniel Mogil, Investor Relations