07:59:44 EDT Thu 28 Sep 2023
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ESE Entertainment Inc
Symbol ESE
Shares Issued 80,370,803
Close 2023-08-08 C$ 0.22
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ESE Entertainment, Silverstone Museum enter partnership

2023-08-08 04:05 ET - News Release

Mr. Konrad Wasiela reports


ESE Entertainment Inc.'s subsidiary, Digital Motorsports (DMS), has partnered with the Silverstone Museum, an interactive motorsports visitor attraction located at the entrance to the world-famous Silverstone circuit in Northamptonshire, United Kingdom.

Pursuant to the partnership, the Silverstone Museum will be utilizing Digital Motorsports' simulators in its state-of-the-art racing simulation facility. The Silverstone Museum has an annual footfall of over 200,000 visitors per year, and attracts some of the largest motorsports teams, drivers, owners and partners from across the globe during race season. The museum will also act as a new U.K. showroom for Digital Motorsports' website, allowing more, easier, domestic client consultations, and will also be available for corporate bookings through both the museum directly and the Digital Motorsports website, further expanding its event offerings and division.

Konrad Wasiela, chief executive officer of ESE Entertainment, commented: "As we embark on this exciting three-year partnership with the Silverstone Museum, our focus is to seamlessly merge cutting-edge technology with the storied past of motorsport. Our advanced simulators are designed to provide an authentic racing experience, enabling visitors to feel the thrill of the track in a way previously unimaginable. We're not just providing a service. We're innovating the future of interactive experiences. We're eager to continue to elevate the standards of simulation, delivering an unrivalled experience for all visitors."

Rachel James, head of marketing, Silverstone Museum, said: "The recently enhanced sim-suite at the museum is one of the most popular elements of our attraction. It has been significantly revamped, and the introduction of our new simulators, supplied by Digital Motorsports, ensure we can continue to meet the increased demand and deliver the best-quality experience for our visitors. The new sims offer excellent team building and corporate events opportunities for businesses, and will also be incorporated in future educational workshops. Digital Motorsports are the perfect partner in this latest museum collaboration and are committed to helping us deliver one of the best sim facilities in the U.K."

Update on letter of intent

The company also announces, further to its press release dated March 29, 2023, that it has decided not to proceed with the proposed sale of its subsidiaries, Auto Simulation Ltd., doing business as Digital Motorsports, and Frenzy sp Zoo, at this time. There are no termination fees payable in connection with the termination of the letter of intent related to the proposed sale.

About ESE Entertainment Inc.

ESE Entertainment is a global technology company focused on gaming and e-sports. 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 Entertainment also operates its own e-commerce channels, e-sports teams and gaming leagues.

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