Integration of AR/VR, and AI, to Existing Business

VANCOUVER, BC / ACCESSWIRE / September 5, 2023 / ESE Entertainment Inc. ("we", "ESE", or the "Company") (TSXV:ESE)(OTCQX:ENTEF) is pleased to announce that it is partnering with a company (the "Partner") known for an exceptional track record in executing technical gaming production with some of the largest video game publishers in the world. The collaboration will be used to augment ESE's operations with the goal of undertaking larger scale contracts across diverse geographies.

Key highlights of the Partnerships:

• Proven Expertise: The partner company brings to the table its vast experience and a legacy of successfully executing technical gaming production for some of the world's most prestigious esports and gaming events.

• Large Scale Customers and Partnerships: Building on a foundation of current customers such as Ubisoft, Electronic Arts, Riot Games, Opera, and more, the partnership is expected to focus on cross-selling between the organizations.

• Innovative AR/VR Utilization: ESE's subsidiary, Frenzy, is channeling efforts towards the advancement of a specialized AR/VR studio. The aim is to maximize the potential of immersive technologies across diverse entertainment platforms, enhancing user interactivity and engagement.

• AI-Powered Production: ESE is keen on leveraging artificial intelligence to enhance its service suite for video game developers. The vision is clear: elevate the quality and efficiency of technical gaming production to reach more users.

Konrad, CEO of ESE Entertainment, remarked, "This partnership represents more than just a collaboration. It allows us to scale our existing business globally and pursue larger scale contracts and opportunities. We are seeing continued consolidation in the gaming sector, and we believe this partnership puts us in a position of strength moving forward. Further to that, it will allow us to begin testing new technologies like AR/VR, and AI-powered production with a wider set of potential customers."

ESE Entertainment Inc.

Konrad Wasiela
Chief Executive Officer and Director
+1 (437) 826-4012

About ESE Entertainment Inc.

ESE is a global technology company focused on gaming. 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. |

Forward-Looking Statements

This 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: the expected benefits of the Partnership, the new customers or growth to be achieved from the partnership, and the integration of AR/VR, AI, and new technologies. 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.

For further information about ESE, please contact:

investors@esegaming.com

SOURCE: ESE Entertainment Inc.