HARRISON, N.Y., June 20, 2016 /PRNewswire/ -- MGT
Capital Investments, Inc. (NYSE MKT: MGT) today announced the
appointment of Gary Miliefsky to its
Emerging Large Scale Systems Advisory Board, and Vinny Troia to its Hacker Advisory Board,
effective immediately.
Miliefsky is the CEO of SnoopWall, Inc. and co-inventor of its
innovative breach prevention technologies. He is a cyber-security
expert and a frequent invited guest on national and international
media as an expert on mobile privacy, cyber security, cyber crime
and cyber terrorism. Miliefsky has also been covered in Forbes and
Fortune Magazines. Miliefsky has been extremely active in the
INFOSEC arena, most recently as the Editor of Cyber Defense
Magazine. He is a founding member of the US Department of Homeland
Security, the National Information Security Group and the OVAL
advisory board of MITRE responsible for the CVE Program.
Troia is CEO of Night Lion Security. Prior to founding Night
Lion he worked for seven years as a security consultant with the US
Department of Defense. Troia is a frequent guest on CNBC and Fox
News, and has been featured in dozens of national publications.
Troia is recently credited with tracing Hilary Clinton's email server to an address in
Manhattan.
"The technical talents and access to the press that Gary and Vinny provide as members of our
strategic advisory boards will help facilitate the release of our
products and generate greater awareness of these products in the
minds of potential customers," said John
McAfee, proposed Executive Chairman and Chief Executive
Officer of MGT Capital. "The addition of Gary and Vinny to our
strategic advisory boards nearly rounds out the staffing of these
boards. I have great respect for both men and look forward to
working with them and the other members of the team that we have
assembled. There is no greater cyber security talent pool in any
company on the planet."
The advisory boards were established by John McAfee to assist in steering the Company's
technology in the ever changing field of cyber security threats.
Each board member comes with unparalleled insight into the types of
threats the Company aims to combat through its acquisition and
evolution of cybersecurity technology. Currently, the advisory
boards include a Hacker Advisory Board, Cryptocurrency Advisory
Board and Emerging Large Scale Technology Advisory Board
(ELSTAB).
About MGT Capital Investments, Inc.
MGT Capital
Investments, Inc. (NYSE MKT: MGT) is in the process of acquiring a
diverse portfolio of cyber security technologies. With cyber
security industry pioneer, John
McAfee, at its helm, MGT Capital is positioned to address
various cyber threats through advanced protection technologies for
mobile and personal tech devices, including tablets and smart
phones. The Company is currently in the process of acquiring
D-Vasive, a provider of leading edge anti-spy software, and
Demonsaw, a provider of a secure and anonymous file sharing
software platform.
MGT Capital intends to change its corporate name to "John McAfee
Global Technologies, Inc." upon closing of the D-Vasive
transaction.
For more information on the Company, please visit
http://ir.stockpr.com/mgtci.
Forward–looking Statements
This press release contains
forward–looking statements. The words or phrases "would be," "will
allow," "intends to," "will likely result," "are expected to,"
"will continue," "is anticipated," "estimate," "project," or
similar expressions are intended to identify "forward–looking
statements." MGT's financial and operational results reflected
above should not be construed by any means as representative of the
current or future value of its common stock. All information set
forth in this news release, except historical and factual
information, represents forward–looking statements. This includes
all statements about the Company's plans, beliefs, estimates and
expectations. These statements are based on current estimates and
projections, which involve certain risks and uncertainties that
could cause actual results to differ materially from those in the
forward-looking statements. These risks and uncertainties include
issues related to: rapidly changing technology and evolving
standards in the industries in which the Company and its
subsidiaries operate; the ability to obtain sufficient funding to
continue operations, maintain adequate cash flow, profitably
exploit new business, license and sign new agreements; the
unpredictable nature of consumer preferences; and other factors set
forth in the Company's most recently filed annual report and
registration statement. Readers are cautioned not to place undue
reliance on these forward–looking statements, which reflect
management's analysis only as of the date hereof. The Company
undertakes no obligation to publicly revise these forward–looking
statements to reflect events or circumstances that arise after the
date hereof. Readers should carefully review the risks and
uncertainties described in other documents that the Company files
from time to time with the U.S. Securities and Exchange
Commission.
Investor Contact
Garth
Russell
Managing Director
KCSA Strategic Communications
grussell@kcsa.com
212.896.1250
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SOURCE MGT Capital Investments, Inc.