Simplicity Esports Signs Exchange Agreement With Software Company Diverted River Technology, LLC
Simplicity Esports Signs Exchange Agreement With Software Company Diverted River Technology, LLC
Diverted River is an Entertainment Technology Organization ("ETO") started by the founders of ggCircuit. ggCircuit was sold to NASDAQ listed Esports Entertainment Group for $26,000,000 in 2021.
Diverted River是一家娛樂技術組織，由Gg電路. Gg電路賣給了納斯達克上市2021年以26,000,000美元收購電子競技娛樂集團。
Boca Raton, Florida, Sept. 29, 2022 (GLOBE NEWSWIRE) -- Simplicity Esports and Gaming Company (OTCQB:WINR) ("Simplicity Esports") has entered into an exchange agreement with Diverted River Technology, LLC ("Diverted River"), pursuant to which Simplicity Esports agreed to acquire 100% of the membership interests of Diverted River in exchange for 80% of the issued and outstanding shares of Simplicity Esports' common stock.
博卡拉頓，佛羅裏達州，9月2022年29日(環球通訊社)--簡明電子競技和遊戲公司(場外交易市場代碼：WINR)(以下簡稱“簡明電子競技”)已經與Diverted River Technology，LLC(“Diverted River”)簽訂了一項交換協議，根據協議，簡明電子競技同意收購Diverted River的100%會員權益，以換取Simplple電子競技普通股80%的已發行和已發行普通股。
Roman Franklin, CEO of Simplicity Esports, stated, "I am thrilled with the prospect of working together with Zack Johnson and his incredible team. Their previous company, ggCircuit, had software and services that dominated the esports gaming center industry space. Their experience, relationships, and reputation provide a solid foundation to grow Diverted River into a powerhouse company servicing the technology needs of the broader $35 billion-dollar family entertainment center industry."
Simple eSports的首席執行官羅曼·富蘭克林表示：“我很高興能與扎克·約翰遜和他令人難以置信的團隊合作。他們之前的公司ggCircuit擁有主導體育遊戲中心行業的軟件和服務。他們的經驗、關係和聲譽為將Diverted River發展成為一家強大的公司奠定了堅實的基礎，為價值350億美元的更廣泛的家庭娛樂中心行業的技術需求提供服務。”
Following the closing, it is expected that, Simplicity Esports' name will be changed to Diverted River Technology, Inc., and the business of Simplicity Esports will become that of Diverted River, an ETO focused on a sustainable, high margin, recurring revenue business model that requires limited capital expenditures. It is also expected that Mr. Johnson, Diverted River's CEO, will become CEO of the public company following the closing.
交易結束後，預計Simple電子競技的名稱將更名為Diverted River Technology，Inc.，Simple電子競技的業務將成為Diverted River的業務，這是一家專注於可持續、高利潤率、經常性收入的ETO，只需有限的資本支出。預計Diverted River的首席執行長約翰遜將在交易結束後成為上市公司的首席執行長。
Zack Johnson, CEO of Diverted River, added, "We met Roman and Simplicity Esports three years ago when four different companies were bidding to buy our esports software company, ggCircuit. Simplicity Esports was a great client of ggCircuit and we are impressed with Roman and his business and financial intelligence in the public market. Now as we expand our platform experience into a 10x larger entertainment market, we are excited to join forces and launch our new platform together as Diverted River in 2023."
Diverted River首席執行官扎克·約翰遜補充道：“三年前，當四家不同的公司競購我們的體育軟件公司ggCircuit時，我們認識了Roman和Simple eSports。Simple eSports是ggCircuit的一個偉大客户，我們對羅曼和他在公開市場上的商業和金融智慧印象深刻。現在，隨着我們將我們的平臺體驗擴展到一個10倍大的娛樂市場，我們很高興能聯合起來，在2023年共同推出我們的新平臺，作為Diverted River。”
"Our team now boasts just shy of 80 million hours of usage on our software platforms over the past 20 years in high profile and public spaces in retail, educational, and esports venues," Johnson continued. "The Family Entertainment Center ("FEC") industry is technologically fragmented and utilizes 15-17 software tools per business to manage their backend and customer experience. They are served by slow moving software companies utilizing outdated technology stacks that hold these businesses hostage with proprietary hardware and software. We plan to flip this industry on its head and provide solutions that allow venues to have open market hardware choices, and robust integration points with synergistic software platforms."
約翰遜繼續説道：“在過去的20年裏，我們的團隊在我們的軟件平臺上，在零售、教育和體育場館的高調和公共空間中的使用時間現在接近8000萬小時。”“家庭娛樂中心(”FEC“)行業在技術上是分散的，每個企業使用15-17個軟件工具來管理他們的後端和客户體驗。他們的服務是由行動緩慢的軟件公司提供的，這些公司利用過時的技術堆棧，以專有硬件和軟件作為人質。我們計劃顛覆這個行業，提供解決方案，允許場館擁有開放的市場硬件選擇，以及與協同軟件平臺的強大集成點。”
The transaction, which is expected to close prior to year end, is subject to standard closing conditions, including the repayment of certain debts and achieving a minimum amount of working capital.
這筆交易預計將在年底前完成，受標準完成條件的約束，包括償還某些債務和實現最低營運資本金額。
About Simplicity Esports and Gaming Company:
關於Simple電子競技和遊戲公司：
Simplicity Esports and Gaming Company (WINR) owns 5 esports gaming centers and is the franchisor for 12 esports gaming centers that give the public an opportunity to experience gaming and esports in competitive and casual social settings, regardless of skill or experience. Simplicity branded teams compete in popular games such as Heroes of the Storm®. Simplicity Esports also organizes and hosts various in-person events and play from home, online tournaments.
簡明電子競技和遊戲公司(WINR)擁有5個ESPORTS遊戲中心，並是12個ESPORTS遊戲中心的特許經營商，這些中心讓公眾有機會在競爭和休閒的社交環境中體驗遊戲和ESPORTS，無論技能或經驗如何。簡約品牌團隊在流行遊戲中競爭，如風暴英雄®。Simple eSports還組織和主辦各種面對面的活動，並在家中進行在線錦標賽。
Heroes of the Storm® is a registered trademarks of their owner.
《風暴英雄》®是其所有者的註冊商標。
About Diverted River Technology LLC:
Diverted River is an ETO for the location-based entertainment ("LBE") industry. Diverted River provides integration through their proprietary cloud-based user platform called Takoha into a multitude of entertainment, business, data and management systems to help managers and owners of LBEs provide a seamless experience for their customers while compiling all of their customers' data in one analytics system.
關於分流河流技術公司：
Diverted River是一家面向基於位置的娛樂(LBE)行業的ETO。Diverted River通過其名為Takoha的專有基於雲的用户平臺提供與多種娛樂、商業、數據和管理系統的集成，以幫助LBE的經理和所有者為其客户提供無縫體驗，同時將其客户的所有數據彙編到一個分析系統中。
Forward-Looking Statements:
前瞻性陳述：
This press release contains statements that constitute "forward-looking statements." Forward-looking statements are subject to numerous conditions, many of which are beyond Simplicity Esports' control, including those set forth in the Risk Factors section of Simplicity Esports' Annual Report on Form 10-K filed with the Securities and Exchange Commission (the "SEC") on September 27, 2022 and our subsequent SEC filings, as amended or updated from time to time. Copies of Simplicity Esports' filings with the SEC are available on the SEC's website at www.sec.gov. Simplicity Esports undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
本新聞稿包含構成“前瞻性陳述”的陳述。前瞻性聲明會受到許多條件的制約，其中許多超出了Simple eSports的控制範圍，包括那些在Simple eSports於2022年9月27日提交給美國證券交易委員會(“美國證券交易委員會”)的10-K表格年度報告中的風險因素部分，以及我們隨後提交給美國證券交易委員會(“美國證券交易委員會”)的經不時修訂或更新的美國證券交易委員會文件中闡述的那些。簡明電子競技向美國證券交易委員會提交的文件副本可在美國證券交易委員會網站www.sec.gov上查閲。簡明電子競技不承擔在本新聞稿發佈之日後更新這些聲明以進行修訂或更改的義務，除非法律要求。
Simplicity Esports Contact:
Simple電子競技聯繫人：
Roman Franklin
Chief Executive Officer
Roman@SimplicityEsports.com
855-345-9467
羅曼·富蘭克林
首席執行官
郵箱：roman@SimplcityEsports.com
855-345-9467
譯文內容由第三人軟體翻譯。