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Alpha Esports Tech Inc. Announces Expansion into the Philippines; Partnership with Nexgen Entertainment

Wednesday, 20 January 2021 08:00 AM

Alpha Esports Tech Inc.

GamerzArena may potentially attract thousands of new users through it's partnership with Nexgen

VANCOUVER, BC / ACCESSWIRE / January 20, 2021 / Alpha Esports Tech Inc. ("Company" or "Alpha Tech") is pleased to announce its expansion into the Philippines via a partnership with Nexgen Entertainment ("Nexgen"), an esports event production and entertainment company.

Nexgen is home to a new generation of gamers and aims to help aspiring players and teams find their way into the esports industry. Currently based in Cebu, Philippines, Nexgen is working with many different universities and professional streamers to introduce competitve esports throughout the Philippines. Nexgen has hosted multiple tournaments including a mobile tournament called Battle of Truth Tournament, whereSeason 1 and 2 had 200 teams registered in each tournament, totalling over 1,200 users.

Under the terms of this partnership, the Company's online esports platform, GamerzArena, will become the exclusive online tournament provider for Nexgen, including their upcoming events with different universities in the Philippines, as well as different contests with professional streamers and esports teams in the Nexgen database.

"We are proud to partner with Nexgen and their current reach in the Philippines will provide us with access to thousands of new users for GamerzArena," said the Company's interim CEO, Matthew Schmidt. "Nexgen is also working with many different esports teams and universities and we look forward to showing these organizations our platform and adding them to our umbrella of partners."

"The goal of Nexgen is to expand esports in the Philippines," said Nexgen's CEO, Jasper Jay Lataza. "In partnering with GamerzArena, they will help us further acheive our goal of providing esports events for the aspiring gamers. The partnership will help players and teams further showcase their talents in gaming."

About Alpha Esports Tech Inc.

Alpha Esports Tech Inc. is a technology company that focuses on emerging markets in Esports, mobile gaming, ecommerce, blockchain and high growth opportunities. Through a strong portfolio of technology assets, we bring a new edge to modern gaming. Learn more at: www.alphaesports.com.

Contact:

Investor Relations: [email protected] - 604 359 1256
Media: [email protected] - 917 674 8292

On Behalf of The Board of Directors

Matthew Schmidt

Interim CEO and Director

For further information, please visit www.alphaesports.com, or contact [email protected].

Forward Looking Statement

This news release contains statements and information that, to the extent that they are not historical fact, may constitute "forward-looking information" within the meaning of applicable securities legislation. Forward-looking information may include financial and other projections, as well as statements regarding future plans, objectives or economic performance, or the assumption underlying any of the foregoing. In some cases, forward-looking statements can be identified by terms such as "may", "would", "could", "will", "likely", "except", "anticipate", "believe", "intend", "plan", "forecast", "project", "estimate", "outlook", or the negative thereof or other similar expressions concerning matters that are not historical facts.

Forward-looking information is based on the assumptions, estimates, analysis and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect.

Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by the forward-looking information. Accordingly, readers should not place undue reliance on any such forward-looking information. Further, any forward-looking information speaks only as of the date on which such statement is made. New factors emerge from time to time, and it is not possible for the Company's management to predict all of such factors and to assess in advance the impact of each such factor on the Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking information. The Company does not undertake any obligation to update any forward-looking information to reflect information or events after the date on which it is made or to reflect the occurrence of unanticipated events, except as required by law, including securities laws.

SOURCE: Alpha Esports Tech Inc.

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