TORONTO, July 29, 2021 /CNW/ -- Engine Media Holdings,
Inc. ("Engine" or the "Company"; NASDAQ: GAME; TSX-V: GAME), a
company providing sports and esports gaming experiences, along with
media solutions focused on influencer marketing, gaming data and
analytics, and programmatic advertising, today announced that its
Winview Inc. subsidiary has filed amended complaints in its patent
infringement lawsuits against DraftKings, Inc. and FanDuel Inc.,
which are pending in the United
States District Court for the District of New Jersey, to include allegations that the
gaming services provided by DraftKings and FanDuel infringe two
additional patents owned by Winview: United States Patent No.
9,993,730 entitled "Methodology for Equalizing Systemic Latencies
in Television Reception in Connection with Games of Skill Played in
Connection with Live Television Programming," and United States
Patent No. 10,806,988 entitled "Method Of and System For Conducting
Multiple Contests of Skill with a Single Performance." These
actions seek the recovery of damages and other appropriate relief.
The Company is being represented in these matters by Morgan Chu of Irell & Manella, LLP and
Thomas R. Curtin of McElroy,
Deutsch, Mulvaney & Carpenter, LLP.
About Engine Media Holdings, Inc.
Engine Media Holdings Inc. is traded publicly under the ticker
symbol (NASDAQ: GAME; TSX-V: GAME). The organization is focused on
developing premium consumer experiences and unparalleled technology
and content solutions for partners in the esports, news and gaming
industry. The company's subsidiaries include Stream Hatchet; the
global leader in gaming video distribution analytics; Eden Games, a premium video game developer and
publisher with numerous console and mobile gaming franchises;
WinView Games, an industry innovator in audience second screen
play-along gaming during live events; UMG, an end-to-end
competitive esports platform enabling the professional and amateur
esport community with tournaments, matches and award nominating
content; and Frankly Media, a digital publishing platform
empowering broadcasters to create, distribute and monetize content
across all channels. Engine Media generates revenue through a
combination of direct-to-consumer and subscription fees; streaming
technology and data SaaS-based offerings; programmatic advertising
and sponsorships. To date, the combined companies' clients have
included more than 1,200 television, print and radio brands, dozens
of gaming and technology companies, and have connectivity into
hundreds of millions of homes around the world through their
content, distribution and technology services.
Cautionary Statement on Forward-Looking Information
This news release contains forward-looking statements.
Forward-looking statements involve known and unknown risks,
uncertainties and other factors which may cause the actual results,
performance or achievements of Engine to be materially different
from any future results, performance or achievements expressed or
implied by the forward-looking statements. Often, but not always,
forward-looking statements can be identified by the use of words
such as "plans", "expects" or "does not expect", "is expected",
"estimates", "intends", "anticipates" or "does not anticipate", or
"believes", or variations of such words and phrases or state that
certain actions, events or results "may", "could", "would", "might"
or "will" be taken, occur or be achieved. In respect of the
forward-looking information contained herein, including the legal
actions described herein and the potential outcomes and benefits to
be derived therefrom, Engine has provided such statements and
information in reliance on certain assumptions that management
believed to be reasonable at the time. Forward-looking information
involves known and unknown risks, uncertainties and other factors
which may cause the actual results, performance or achievements
stated herein to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking information. Actual results could differ materially
from those currently anticipated due to a number of factors and
risks. Accordingly, readers should not place undue reliance on
forward-looking information contained in this news release.
The forward-looking statements contained in this news release
are made as of the date of this release and, accordingly, are
subject to change after such date. Engine does not assume any
obligation to update or revise any forward-looking statements,
whether written or oral, that may be made from time to time by us
or on our behalf, except as required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
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SOURCE Engine Media Holdings, Inc.