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ESE Entertainment Inc
Symbol ESE
Shares Issued 71,068,860
Close 2022-05-12 C$ 0.65
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ESE, ARAM sign e-sports, gaming partnership agreement

2022-05-12 10:25 ET - News Release

Mr. Konrad Wasiela reports

ESE AND ARAM SIGN ESPORTS AND GAMING PARTNERSHIP AGREEMENT

ESE Entertainment Inc. has signed a partnership agreement with European e-sports event production company ARAM.

ARAM is the market leader in providing concept, design, and technical production services for the most significant global e-sports and gaming events in Europe, the United States and Asia. ARAM was the producer of such iconic stages as Intel Extreme Masters Katowice and ESL ONE, but also designed and built the Brawl Stars 2021 arena for PGL, and has been involved in the production of Rainbox6 in the U.S., Fortnite, PUBG and many other gaming titles. ARAM owns a large, state-of-the-art equipment park with modern video solutions and technical production equipment, LED (light emitting diode) panels, projectors, automation systems, high definition cameras, lighting and sound systems. ARAM has its offices in Warsaw and a permanent presence in New York.

ARAM's portfolio of clients includes ESL, PGL, BLAST and Polsat. Pursuant to the partnership, ESE and ARAM will collaborate and combine their respective resources to increase business potential in Europe, North America and Asia.

Konrad Wasiela, chief executive officer of ESE, commented: "Rafa and his team at ARAM are trusted leaders with global reach and expertise in the e-sports and gaming market. Together with our combined resources and expertise, we will continue to scale and expand our global footprint. This partnership positions us to succeed and execute on our vision globally at ESE."

Rafa Mrzyglocki, CEO at ARAM, said: "We designed, built, and equipped Frenzy's e-sports studio in Warsaw with the latest technology, which was our first successful project with ESE. We believe that in-person live e-sports and gaming events will come back for good, and we look forward to execute on our next project soon."

Investor relations engagement

The company also announces that it has entered into an agreement with Apollo Shareholder Relations Ltd. dated May 10, 2022, for the provision of various digital media and corporate communications services. The initial term of the agreement is for six months and may be renewed thereafter by mutual agreement. Pursuant to the terms of the agreement, the company will pay to Apollo $6,000 at the beginning of each month of the term. The company and Apollo act at arm's-length and, to the knowledge of the company, Apollo has no interest, direct or indirect, in the company or its securities or any right or intent to acquire such an interest. Apollo is a Canadian investor communications agency.

About ESE Entertainment Inc.

ESE is a Europe-based entertainment and technology company focused on gaming and e-sports. The company provides a range of services to leading video game developers, publishers and brands. ESE also operates its e-commerce channels, e-sports 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 e-sports technology and infrastructure.

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