GlobeNewswire Inc | Oct 12, 2021 08:00AM EDT

October 12, 2021

VANCOUVER, British Columbia, Oct. 12, 2021 (GLOBE NEWSWIRE) -- ESE Entertainment Inc. (ESE or the Company) (TSXV: ESE) (OTCQB: ENTEF) is pleased to announce that its esports team K1CK is releasing its first set of non-fungible tokens (NFTs) on Thursday, October 14 at 10 am ET.

An NFT is a digital asset stored on the blockchain that can be used to represent objects like art, music, and videos. NFTs are becoming an increasingly popular way to buy and sell digital artwork online because of the ability of blockchain technology to assure ownership.

The K1CK NFTs will be available on one of the worlds first and largest NFT marketplaces, OpenSea ( https://opensea.io/collection/k1ck-1st-nfts).

The first batch of K1CK NFTs pays tribute to two of the teams biggest stars - League of Legends player, ukasz "Puki Style" Zygmunciak, and Apex Legends player, Jose Domingo Uxako Llosa Mesas. The premiere K1CK NFT collection includes an NFT of K1CK itself celebrating the teams 23rd birthday on October 11.

Puki Style is a League of Legends veteran player that so far has reached international success in May 2020 at the EU Masters finals. As the former Polish League of Legends Champion, Puki Style became a worldwide phenomenon overnight when several League of Legends professional players, managers and organizations changed their twitter profiles, publishing a photo of Puki Style. In addition, Puki Style has been dubbed the most popular sportsman in Poland, voted ahead of Robert Lewandowski.

Uxako as he is known in the Apex Legends community, is a young Spanish talent that was an important part of K1CK's recent qualification for the $5 million Apex Legends Pro League, a competition that will be starting mid-October. His popular Twitch channel was the place where fans celebrated K1CK's victory in the second preseason qualifier to the Pro League, following an intense battle that lasted for hours. Uxako is an emerging talent that has potential for a successful professional esports career playing the game of his choice.

K1CK is one of the longest standing esports organizations globally. The organization is always seeking to leverage new opportunities and maximize its potential. K1CK is now partaking in the world of NFTs by creating and deploying tokenized art that is both unique and rare.

The NFT industry is continuing to grow at a rapid pace. The OpenSea marketplace recorded over $3 billion in transaction volume in August 2021. This is a tenfold increase from the previous month. We are thrilled to be part of this new opportunity around digital assets and are now providing exclusive NFTs to K1CKs global fanbase, said Konrad Wasiela, CEO of ESE.

About K1CKK1CK Esports Club is an esports organization based in Europe. More than 100 world-class players have played under the K1CK team name, including Ricardo "Fox" Pacheco and Carlos "Ocelote" Santiago. The current stars of the team include League of Legends player Lukasz "Puki Style" Zygmunciak and FIFA player Joo "JOliveira10" Oliveira. | www.k1ck.com

About ESEESE is a Europe based entertainment and technology company focused on gaming, particularly on esports.The Company provides a range of services to leading video game developers, publishers, and brands by providing technology, infrastructure, and fan engagement services internationally. ESE also operates its own ecommerce channels, esports teams, and gaming leagues. In addition to the Companysorganic growth opportunities, theCompany is consideringselective acquisitions that align with its objective of becoming a dominantglobalplayerinesports technology and infrastructure.|www.ese.gg

Forward-Looking StatementsThis news release contains certain statements that may constitute forward-looking information under applicable securities laws. All statements, other than those of historical fact, which address activities, events, outcomes, results, developments, performance or achievements that ESE anticipates or expects may or will occur in the future (in whole or in part) should be considered forward-looking information. Such information may involve, but is not limited to, statements with respect to: the popularity of NFTs and Uxakos potential for a successful professional esports career. Often, but not always, forward-looking information can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results "may", "could", "would", "might" or "will" (or other variations of the forgoing) be taken, occur, be achieved, or come to pass. Forward-looking information is based on currently available competitive, financial and economic data and operating plans, strategies or beliefs as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of ESE to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to ESE, including information obtained from third-party industry analysts and other third-party sources, and are based on management's current expectations or beliefs regarding future growth, results of operations, future capital (including the amount, nature and sources of funding thereof) and expenditures. Any and all forward-looking information contained in this press release is expressly qualified by this cautionary statement. Trading in the securities of ESE should be considered highly speculative.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE ESE Entertainment Inc.For further information about ESE, please contact:Daniel Mogil, Investor Relationsinvestors@esegaming.com647-492-1535