ESE Entertainment Inc. (“
ESE” or the
“
Company”) (TSXV: ESE) (OTCQB: ENTEF) is pleased
to announce that it has signed a Partnership Agreement with Cowana
GmbH (“
Cowana”).
Cowana is a highly regarded European esports
entertainment company with clients that include Red Bull, Bethesda
Softworks, Capcom, NVIDIA, BENQ, and more. Cowana operates out of
its head office in Langenzenn, Germany.
Cowana specializes in full service esports
technologies, event execution, brand solutions, digital marketing,
and virtual and live production services.
Through the partnership, ESE and Cowana plan to
collaborate and combine resources to execute new and increased
potential business opportunities in Europe. The companies believe
their combined resources will be able to accelerate their footprint
globally, and increase their ability to take on larger business
contracts and new customers.
Konrad Wasiela, Founder and CEO
of ESE, commented, “Cowana has a proven business model in the
esports and gaming sector. This is supported by the tier-1
customers that Cowana has worked with including Red Bull, Bethesda
Softworks, Capcom, NVIDIA, BENQ and more. This partnership enables
ESE to expand its operational capability to execute further gaming
and esports technologies, physical and virtual production
broadcasts, including augmented and virtual reality across the
world, and more. We anticipate this partnership will put us in a
position to drive more revenue and accelerate growth globally.”
Michael Wamser, CEO of Cowana,
commented, “We are pleased to have secured a partner like ESE
Entertainment, which gives us further capacity to access their
extensive global network in the esports and gaming sector. With
this partnership, we are able to offer our technology and services
to execute on business opportunities globally. This approach offers
our clients a 360 solution in order to scale and deliver
world-class solutions.”
About Cowana GmbHCowana GmbH is
a media house based in the Fürth district and is specialized in
electronic entertainment, gaming, and esports. As Cowana Gaming,
several e-sports teams can be found in various titles, which
compete in national and international leagues, such as ESLM
Championship (Counter-Strike: Global Offensive), Valorant, League
of Legends and Simracing. Cowana owns a 240m² streaming studio
including an esports arena, which can be rented and where streaming
and e-sports events are hosted with Cowana's expertise.
Furthermore, Cowana uses the studio for the creation of own content
like livestream shows and video content. Together with the ADAC,
the company has been hosting the yearly SimRacing Expo since 2018,
the most important event worldwide in this sector, and offers a
year-round online platform for the discipline in
simracing-unlimited.com. Under the brand medialounge, the team
organizes a 1.000 square meter joint fair booth at the gamescom in
Cologne, among other things. Influencer marketing and the operation
and promotion of various websites are among Cowana’s activities as
well. Amongst past and present partners of the company are the
ADAC, Bethesda Softworks, Red Bull and Constantin Film.|
https://cowana.de/
About ESEESE is a Europe based
entertainment and technology company focused on gaming and 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 ecommerce 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 objective of becoming a dominant global player in esports
technology and infrastructure. | www.esegaming.com
Forward-Looking StatementsThis news release
contains certain statements that may constitute forward-looking
information under applicable securities laws. All statements, other
than those of historical fact, which address activities, events,
outcomes, results, developments, performance or achievements that
ESE anticipates or expects may or will occur in the future (in
whole or in part) should be considered forward-looking information.
Such information may involve, but is not limited to, statements
with respect to: (i) the success of ESE’s partnership with Cowana;
(ii) ESE’s increased ability to take on larger business contracts
and new customers as a result of the Cowana partnership; and (iii)
ESE’s ability to increase revenue and growth globally. Often, but
not always, forward-looking information can be identified by the
use of words such as "plans", "expects", "is expected", "budget",
"scheduled", "estimates", "forecasts", "intends", "anticipates", or
"believes" or variations (including negative variations) of such
words and phrases, or statements formed in the future tense or
indicating that certain actions, events or results "may", "could",
"would", "might" or "will" (or other variations of the forgoing) be
taken, occur, be achieved, or come to pass. Forward-looking
information is based on currently available competitive, financial
and economic data and operating plans, strategies or beliefs as of
the date of this news release, but involve known and unknown risks,
uncertainties, assumptions and other factors that may cause the
actual results, performance or achievements of ESE to be materially
different from any future results, performance or achievements
expressed or implied by the forward-looking information. Such
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, results of
operations, future capital (including the amount, nature and
sources of funding thereof) and expenditures. Any and all
forward-looking information contained in this press release is
expressly qualified by this cautionary statement. Trading in the
securities of ESE should be considered 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 further
information about ESE, please contact:Daniel Mogil, Investor
Relationsinvestors@esegaming.com647-492-1535
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