LOS ANGELES, Jan 29, 2018 (GLOBE NEWSWIRE via COMTEX) --
American Leisure Holdings, Inc. (otc pink:AMLH), parent of GG Media Network, an eSports production and content creation company, today announces it has entered into a strategic alliance with Thunder Gaming based out of Long Beach, California to develop, produce, and promote original programming in the gaming category.
Thunder gaming is the newly launched Gaming division of Thunder Studios, the largest independent production facility on the west coast of the USA totaling more than 150,000 square feet of production space. Thunder has built a dedicated 16,000 square foot esport arena and live broadcast stage that launches in March of this year.
Thunder Gaming has partnered with the some of the most respected Tournament Organizers in Southern California to host a slate of esport events throughout 2018 that will provide GG Media access to opportunities to develop original live gaming programming. Thunder Studios will also provide access to its proprietary image capture 'SightDeck' technology that allows the live integration of talent into any source content and the distribution of that content across all live social media platforms.
As part of this strategic alliance, Christian Bishop has been appointed the CEO of Thunder Gaming and will oversee its day to day operations. GG Media Network will move its headquarters and operate out of Thunder Studios.
"I believe this alliance will further position GG Media Network as a market leader in premium esports content. Content is the core strategy to ensure we are providing the most value to the global marketplace of gaming." - Christian Bishop
Worldwide esports revenue is expected to reach $1.6B in 2018 with viewership growing at 12% each year.
About GG Media Network
GG Media Network is an eSports production company that seeks to redefine how news and information about eSports and gaming are covered and shared. Unlike any other company, GG Media Network seeks to provide the tools and resources for gamers, fans and enthusiasts to connect and interact with the games they love and the content that feeds their passion. Based in Southern California, in 2017, GG Media Network acquired American Leisure Holdings Inc. AMLH To learn more about GG Media Network visit our website: www.GGMediaNetwork.com. Get to know us, Like GG Media Network on Facebook: @GGMediaNetwork and follow us on Twitter: @GGMediaNetwork and @MrCBishop.
Statements about the Company's future expectations, and all other statements in this press release that are not s historical facts, are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and as that term is defined in the Private Securities Litigation Reform Act of 1995. The Company intends to make its forward-looking statements within the safe harbors created thereby. Statements in this press release about the Company's plans for the business in 2018, including planned media offerings, contracts and relationships with media partners, projections for market growth and the Company's ability to participate in such growth, customer appeal for its product offerings and successfully completing audits and public reporting requirements, are all forward-looking statements. You may also identify forward looking statements by use of he words "anticipate," "estimate," "expect," "intend," "plans," "projects," and similar expressions, as they relate to the Company or its management. Such statements reflect the current view of the Company regarding future events and are subject to certain risks, uncertainties and assumptions, including the volatility of the Company's common stock, which can result in substantial dilution through shares issued in the Company's 3(a)(10) transaction announced today, the Company's brief operating history, the inherently speculative nature of future business plans and projections, the susceptibility of media enterprises to changing trends and tastes, the challenge of successfully creating new media content and realizing planned media productions, challenge of completing audits and reports following a "reverse merger" with an unrelated company, the impact of competitive services and pricing and general economic conditions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual results may vary materially from those described herein as anticipated, believed, estimated, expected, intended or projected. In each instance, forward-looking information should be considered in light of the accompanying meaningful cautionary statements herein.
Absence of Current Information. The Company is currently not in compliance with the OTC Pink Basic Disclosure Guideline. Federal securities laws, such as Rules 10b-5 and 15c2-11 of the Securities Exchange Act of 1934 ("Exchange Act") as well as Rule 144 of the Securities Act of 1933 ("Securities Act"), and state Blue Sky laws, require issuers to provide adequate current information to the public markets. With a view to encouraging compliance with these laws, OTC Markets Group has created the OTC Pink Basic Disclosure Guidelines. As a result of AMLH's non-compliance, OTC has designated AMLH as "No Information" and "Caveat Emptor."
CONTACTS: Media D. Nikki Wheeler Chief Communications Officer GG Media Network Nikki@GGMediaNetwork.com Investor Relations Investors@GGMediaNetwork.com
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