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Backstageplay Announces Product Co-Development and Revenue Share Agreement with Cash Live Entertainment Inc.

Backstageplay Announces Product Co-Development and Revenue Share Agreement with Cash Live Entertainment Inc.

Backstageplay宣佈與Cash Live Entertainment Inc.達成產品共同開發和收入分享協議。
newsfile ·  2022/02/22 20:20

Vancouver, British Columbia--(Newsfile Corp. - February 22, 2022) - Backstageplay Inc. (TSXV: BP) (the "Company") announced today the completion of a software license and managed services agreement with Cash Live Entertainment Inc. () ("Cash Live"), the operators of the innovative new live poker game show available on Apple AppStore and Google Play (), which streams daily at 3pm and 6pm PST.

温哥華,不列顛哥倫比亞省-(Newsfile Corp.-2022年2月22日)Backstageplay Inc.(多倫多證券交易所股票代碼:BP)(“公司“)今天宣佈完成與Cash Live Entertainment Inc.()(”Cash Live“)的軟件許可和管理服務協議。Cash Live是Apple AppStore和Google Play()上提供創新的新型現場撲克遊戲節目的運營商,該節目每天下午3點和下午6點在太平洋標準時間下午3點和6點播放。

Optimized for the mobile poker generation, the Cash Live app provides players with a hosted, live-streamed, free-to-play mobile poker entertainment experience, offering a simple all-in or fold game. The Cash Live "live-as-a-Service" platform and broadcast production is an impressive display of mobile streaming capabilities and holds potential to reinvent how many social and casino game experiences are consumed. Cash Live's target audience is initially to the 58 million casual poker player demographics, with a view to offering other products and services in the coming months.

Cash Live應用程序針對移動撲克世代進行了優化,為玩家提供託管、直播、免費玩的移動撲克娛樂體驗,提供簡單的全入或摺疊遊戲。Cash Live“Live-as-a-Service”平臺和廣播製作是對移動流媒體功能的一次令人印象深刻的展示,並有可能徹底改變人們消費了多少社交和賭場遊戲體驗。Cash Live的目標受眾最初是5800萬休閒撲克玩家,以期在接下來的幾個月裏提供其他產品和服務。

In view of its roots in the iGaming and social gaming sectors, Backstageplay will license a copy of its SaaS technology platform and select games, such to be integrated with certain Cash Live game and product assets, so that the parties may jointly develop and offer additional gameshow content ideally suited to this novel new live game experience.

鑑於Backstageplay植根於iGaming和社交遊戲領域,Backstageplay將授權其SaaS技術平臺的副本,並選擇與某些Cash Live遊戲和產品資產整合的遊戲,以便雙方可以共同開發和提供更多適合這種新穎的現場遊戲體驗的遊戲展示內容。

The parties will share revenue generated from these products, with Backstageplay offering these games as part of its SaaS social platform, to B2C customers looking for live streaming social content. Backstageplay will assist Cash Live with partial financing of these projects, on a game-by-game basis, with an initial commitment for the development of two games. Backstageplay will further use its iGaming industry contacts in its business development efforts and promotion of the Cash Live and co-developed new game offerings.

雙方將分享這些產品產生的收入,Backstageplay將這些遊戲作為其SaaS社交平臺的一部分,提供給尋求直播社交內容的B2C客户。Backstageplay將在逐個遊戲的基礎上幫助Cash Live為這些項目提供部分資金,初步承諾開發兩款遊戲。Backstageplay將進一步利用其與電子遊戲行業的聯繫開展業務開發工作,推廣Cash Live和共同開發的新遊戲產品。

As consideration for Cash Live's access and use of the Company SaaS platform and gaming assets for these co-development projects, Backstageplay will be compensated, in part, with Cash Live equity as a commitment to supporting this exciting new game platform innovator.

作為Cash Live獲得和使用公司SaaS平臺和遊戲資產用於這些共同開發項目的對價,Backstageplay將獲得部分補償,其中包括Cash Live股權,以承諾支持這個令人興奮的新遊戲平臺創新者。

"We are delighted to be joining forces with this excellent, rapidly growing, local Vancouver-based technology team," said Scott White Backstageplay's Chief Executive Officer. "With our significant iGaming expertise and deep roots with suppliers and operators in this exploding sector, in addition to co-developing new content with Cash Live, we intend to use our relationships to license these new products and managed services to a growing iGaming and social gaming market in and throughout North America. We are very excited to be working together to create these new products".

Backstageplay的首席執行官斯科特·懷特説:“我們很高興能與這個優秀的、快速發展的、總部設在温哥華的本地技術團隊攜手合作。”憑藉我們豐富的iGaming專業知識以及與這個爆炸性行業的供應商和運營商的深厚根基,除了與Cash Live共同開發新內容外,我們還打算利用我們的關係將這些新產品和管理服務授權給北美和整個北美不斷增長的iGaming和社交遊戲市場。我們為能共同創造這些新產品而感到非常興奮。“

"We are excited to announce our first white-label contract that leverages our Live-as-a-Service platform," said Matt Jarvis, Cash Live Entertainment's Chief Executive Officer. "We've been thrilled with the interest and popularity of our current Cash Live games and enthusiastic to explore how other game studios and producers can leverage our software and live broadcast solutions in a similar manner to this agreement that we're kicking off with Backstageplay."

Cash Live Entertainment首席執行官馬特·賈維斯(Matt Jarvis)説:“我們很高興地宣佈我們的第一份白標合同,該合同利用了我們的Live-as-a-Service平臺。”我們對我們目前的Cash Live遊戲的興趣和受歡迎程度感到興奮,並熱衷於探索其他遊戲製片廠和製作人如何以類似於我們與Backstageplay簽署的協議的方式利用我們的軟件和直播解決方案。“

This arrangement with Cash Live is the first of several co-development arrangements Backstageplay has been working on and it expects to be able to provide more updates on its progress in different but complementary gaming and blockchain products in the coming weeks and months.

與Cash Live的這項安排是Backstageplay一直在努力的幾項共同開發安排中的第一項,預計在未來幾周和幾個月內,它將能夠提供更多關於不同但互補的遊戲和區塊鏈產品的最新進展。

About Backstageplay Inc.

關於Backstageplay Inc.

Backstageplay, Inc. is an online and mobile entertainment and marketing company, engaged in the business of social gaming and retention software and services. For further information, please visit recent filings on Sedar or the Company's website at .

Backstageplay,Inc.是一家在線和移動娛樂和營銷公司,從事社交遊戲和保留軟件和服務業務。欲瞭解更多信息,請訪問Sedar上最近提交的文件或公司網站:。

For Further information, please contact:

如需更多信息,請聯繫:

Backstageplay Contacts:

後臺播放聯繫人:

Scott White, Chief Executive Officer
1 (416) 704-6611
scott@backstageplay.com

斯科特·懷特(Scott White),首席執行官
1 (416) 704-6611
郵箱:scott@backstageplay.com

Sean Hodgins, Chief Financial Officer
1 (778) 318-1514
sean@backstageplay.com

肖恩·哈金斯(Sean Hodgins),首席財務官
1 (778) 318-1514
郵箱:sean@backstageplay.com

Neither the TSX Venture Exchange nor IROC accepts responsibility for the adequacy or accuracy of this release. All statements in this news release, other than statements of historical facts, are forward-looking statements and such forward looking statements represent managements current beliefs with respect to the business of the Company and may not be achieved. The Company expressly disclaims any intention update or revise any forward-looking statements. This news release is not an offer to sell or solicitation to sell securities in the United States. The Company's securities will not be registered under the United States Securities Act of 1933, as amended or any state securities laws.

多倫多證券交易所風險交易所和IROC都不對本新聞稿的充分性或準確性承擔責任。除歷史事實陳述外,本新聞稿中的所有陳述均為前瞻性陳述,此類前瞻性陳述代表管理層目前對公司業務的信念,可能無法實現。公司明確表示不打算更新或修改任何前瞻性陳述。本新聞稿不是在美國出售或招攬出售證券的要約。該公司的證券將不會根據修訂後的1933年美國證券法或任何州證券法進行註冊。

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