Millennial Esports Strengthens Corporate Structure and Builds Team Ahead of Next Phase of Growth

TORONTO, ONTARIO--(Marketwired - Oct 12, 2017) - Millennial Esports Corporation (TSX VENTURE:GAME) highlights new relationships with some of the worlds biggest brands including Amazon, Microsoft and EA, new executive appointments to further strengthen its leadership team, and a new role for one of its founders, Chad Larsson, as it enters its new fiscal year.

"Our new year has started off extremely well on a number of fronts," said Millennial Esports CEO, Alex Igelman. "Through the expansion of our team and the increased integration of our leading global esports operations, we are preparing for continued growth through our 2018 fiscal year."

Millennial Esports continues to take advantage of its early investment in its first of a kind esports arena in Las Vegas, with recent events featuring some of the biggest names in technology. The most recent event demonstrated the strength of the brands involved in esports, as Millennial hosted a Madden 18 tournament for EA which featured live streaming on Twitch and a live in-person event for hundreds of gamers. The tournament also served as a platform for Millennial's new breakthrough content series 'Beyond the Sticks', which is being broadcast on Microsoft's Xbox Mixer streaming service.

"Our Madden event showed how Millennial Esports is joining the dots," stated Igelman. "We continue to invest in growing our own ecosystem to professionalize esports and provide end to end solutions for the world's biggest companies."

Strengthening the Executive Team

As part of growing its ecosystem, accomplished sports executive Bob Reif and his Audible Group will be working with Millennial Esports. This reflects the ramping up of the Millennial executive team to move from the start-up phase to a strong business operational group.

Mr. Reif is a veteran of the sports, media, corporate, and investment world. Over the course of his long career, Reif has transacted more than $4 billion in sports marketing/ media rights agreements. Mr. Reif previously served as Executive Vice President of the Indianapolis Motor Speedway and Chief Marketing Officer of the Indy Race League, and President of a division of William Morris Endeavour. He was also the Chief Revenue Officer and Chief Marketing Officer for the St. Louis Rams for twelve seasons, overseeing the organization's growth from a $220M valuation to its current $3.5B valuation.

"We are extremely excited to have a seasoned executive with the direct sports sector experience of Bob Reif joining our team," said Igelman. "I'm confident that Bob's experience as an innovator with leading sports and lifestyle brands will translate well to what we are doing at Millennial."