VANCOUVER, Sept. 6, 2016 /CNW/ - Global Daily Fantasy Sports Inc. (TSXV: DFS) ("Global") is pleased to formally announce the appointment of Justin Shulman as Chief Operating Officer. Justin's responsibilities will encompass the worldwide operations across the gaming network, execution of the corporate development strategy, leading the product lifecycle, and building out the team and corporate culture.

Mr. Shulman, an accomplished executive, provides Global with a distinguished set of abilities in operations, product development, gaming, marketing and technology. Prior to joining Global, Mr. Shulman helped pioneer the Daily Fantasy Sports (DFS) industry as a founder of Fantasy Feud Inc. one of the top North American DFS brands and has been recognized as of one of the industry's top 50 DFS influencers.

"Justin joins Global with a wealth of fantasy sports experience," said Darcy Krogh, Global's President and CEO. "We are thrilled to have his expertise as part of the management group and look forward to expanding our operational team under his guidance as we get closer to the launch of our European facing daily fantasy sports product."

"Global is on the verge of entering new regulated markets and disrupting the current fantasy sports landscape with a shift to a true B2B facing platform and network" said Shulman. "It is a tremendous pleasure to join the Global team and I am excited and eager to help bring my operational experiences in the daily fantasy sports to help further the exciting opportunity in front of us."

About Global Daily Fantasy Sports Inc.

Global Daily Fantasy Sports Inc. is a multi-tenant gateway that allows operators to offer their customers a world class daily fantasy sports software solution.  The Company platform is built for mobile and desktop applications that allow for seamless integration at the operator level without having to share or compromise any sensitive customer data.  Joining the Global network allows operators to capitalize on a mature infrastructure, with shared liquidity, which was built specifically for regulated market environments.  As the first true B2B global network, Global is a SaaS (software as a service) product that offers a turn-key solution for sportsbook operators, land-based operators, media groups, and big database groups to participate in the world of daily fantasy sports.  For more information on Global Daily Fantasy Sports Inc. visit our corporate website:  www.GDFSI.com.  

Global Daily Fantasy Sports Inc.

Per: "Darcy Krogh"

Darcy Krogh, President and CEO

Neither 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.

Disclaimer for Forward-Looking Statements

Certain information set forth in this news release contains forward-looking statements or information ("forward-looking statements"), including details about the proposed transactions. By their nature, forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond the Company's control, including the impact of general economic conditions, industry conditions, currency fluctuations, operational risks, competition from other industry participants, stock market volatility, the risks that the parties will not proceed with the proposed transactions, that the ultimate terms of the proposed transaction will differ from those that currently are contemplated and the ability to access sufficient capital from internal and external sources. Although the Company believes that the expectations in its forward-looking statements are reasonable, its forward-looking statements have been based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based on the currently available information. Such statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. Accordingly, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity or achievements. Risks, uncertainties, material assumptions and other factors that could affect actual results as discussed in our public disclosure documents available at www.sedar.com. Furthermore, the forward-looking statements contained in this document are made as of the date of this document and, except as required by applicable law, the Company does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement.

SOURCE Global Daily Fantasy Sports Inc.

Copyright 2016 Canada NewsWire

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