HARRISON, N.Y., June 22, 2016 /PRNewswire/ -- MGT Capital
Investments, Inc. (NYSE MKT: MGT) today announced that its proposed
Executive Chairman and Chief Executive Officer, John McAfee, will participate in two panel
discussions at Politicon 2016 on June
25th to June
26th at the Pasadena Convention Center in Pasadena, CA.
On Saturday, June 25, 2016, Mr.
McAfee will join a roundtable discussion with Congressman
Ted Lieu, Vice Magazine corresponded
Jason Leopold and National Public
Radio correspondent Xeni Jardin to address the issues of technology
and privacy.
On Sunday, June 26, 2016, Mr.
McAfee will speak about the impact of technology on the American
political system.
"Politicon should be applauded for recognizing the increasing
impact of technology, not only on American social and economic
systems, but on the very structure of our system of politics," said
John McAfee, proposed Executive
Chairman and Chief Executive Officer of MGT Capital. "I welcome the
opportunity to lend my voice to this critical and rapidly changing
field."
Politicon, or The Unconventional Political Convention, is a
weekend long event consisting of debates, panels, film, comedy,
podcasts and art all on the subject of politics. Attendees at this
year's Politicon will include President Vicente Fox of Mexico, Governor Sarah
Palin, Senator Barbara Boxer,
James Carville, Glenn Beck and many other notables from the
political arena.
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.