Engine Gaming & Media Engages MZ Group to Lead Strategic Investor Relations and Shareholder Communications Program
NEW YORK, NY/ACCESSWIRE/May 6, 2022/ Engine Gaming and Media, Inc. (“Engine” or the “Company”) (NASDAQ:GAME) (TSX-V:GAME), an influencer marketing solutions company focused on data, media and social media , today announced that the company has engaged international investor relations specialists MZ Group (“MZ”) to lead a comprehensive strategic investor relations and financial communications program in all key markets.
The term of the initial engagement between Engine and MZ will run from April 12, 2022 through April 11, 2023, during which time MZHCI will receive $14,000 per month for its services. Thereafter, the engagement will continue until terminated by either party. Under the terms of the agreement, Engine has also agreed to issue MZ options covering 100,000 common shares of Engine, which will vest quarterly and have an exercise price of $1.80 per share.
MZ Group will work closely with Engine management to develop and implement a comprehensive capital markets strategy designed to increase the company’s visibility within the investment community. The campaign will highlight how Engine is building a unique cross-platform ecosystem of the future for publishers, influencers and brands. With revenue up 20% year-over-year to $9.3 million in the second quarter of 2022, the company is showing momentum to drive revenue growth in its business.
MZ has developed a distinguished reputation as a premier resource for institutional investors, broker-dealers, analysts and private investors. The company has offices around the world and was recently ranked #7 in the world in corporate communications.
Shannon Devine, Managing Director of MZ North America, will advise Engine on all facets of corporate and financial communications, including coordinating roadshows and investment conferences in key cities and brand awareness. with financial and social media.
Greg Falesnik, CEO of MZ Group North America, said, “Engine is highly focused on positioning its assets to capitalize on many macro sector growth trends in the gaming and media landscape. Global growth in programmatic advertising and influencer marketing grows at 32% growth and is expected to reach $24 billion by 2025. Engine enables brands, agencies, consumer products and marketers to discover, connect and execute marketing campaigns with thousands of influencers. to be a high-growth segment, driven by social engagement and interaction.”
“With strong revenue expansion and plenty of near-term growth catalysts, we are very focused on executing our roadmap over the next few months,” said Lou Schwartz, CEO of Engine. “We have made great strides in leveraging our strengths to emerge targeted audiences that can be monetized through B2B or direct-to-consumer social experiences. Key product developments such as Stream’s new sponsorship measurement technology Hatchet contextualizing streaming brand activations continue to drive our technology Agreements with key customers further bolster our progress, including a Frankly Media deal with its largest radio station operator delivering premium content to more than one quarter of a billion people every month and Sideqik’s multi-year expansion with leading gaming hardware brand HyperX.working with Shannon and the entire MZ Group team to communicate the value of our technology to create long-term value for our shareholders.”
For more information about Engine, please visit the company’s website at www.enginegaming.com. To schedule a conference call with management, please email your request to GAME@mzgroup.us or call Shannon Devine at 203-741-8811.
About MZ Group
MZ North America is the US division of MZ Group, a global leader in investor relations and corporate communications. MZ provides innovative and personalized services to national and multinational private and public companies in all sectors through a unique and fully integrated “one-stop-shop” approach. By providing a full range of products and services through a single point of contact, MZ offers services to all relevant markets aimed at helping our customers build a lasting public brand. MZ North America has a global presence with offices located in New York, Chicago, San Diego, Aliso Viejo, Austin, Minneapolis, Taipei and São Paulo. For more information, please visit www.mzgroup.us.
About Engine Gaming and Media, Inc.
Engine Gaming and Media, Inc. (NASDAQ: GAME) (TSX-V: GAME) provides premium social sports and esports gaming experiences, as well as data analytics, marketing, advertising and unparalleled intellectual property to support its own and directly operated. to consumer goods, while providing these services to enable its customers and partners. The Company’s subsidiaries include Stream Hatchet, the global leader in gaming video distribution analytics; Sideqik, a social influencer marketing discovery, analysis and activation platform; WinView Games, a social predictive gaming platform allowing viewers to play while watching live events; UMG, an end-to-end competitive esports platform that powers and broadcasts major esports events, as well as daily community tournaments, matches and leaderboards; and Frankly Media, a digital publishing platform used to create, distribute and monetize content across all digital channels. Engine Media generates revenue through a combination of direct-to-consumer and subscription fees, streaming technology and data SaaS offerings, programmatic advertising and sponsorships. For more information, please visit www.enginegaming.com.
Caution regarding forward-looking information
This press release contains forward-looking statements. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Engine’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as “anticipates”, “expects” or “does not expect”, “is expected”, “estimates”, ” intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of these words and phrases or state that certain actions, events or results “could”, “could”, “would” , “could” or “would” be taken, occur or be affected. With respect to the forward-looking information contained herein, Engine has provided such statements and information based on certain assumptions that management believed to be reasonable at the time. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements stated herein to be materially different from any future results, performance or achievements expressed or implied by forward-looking information. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release.
The forward-looking statements contained in this press release are made as of the date of this release and, accordingly, are subject to change after such date. Engine undertakes no obligation to update or revise any forward-looking statements, written or oral, which may be made from time to time by us or on our behalf, except as required by applicable law.
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.
Contact with Investor Relations:
MZ North America
Sloane & Company
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