HARRISON, N.Y., Aug. 18, 2016 /PRNewswire/ -- MGT Capital Investments, Inc. (NYSE MKT: MGT), announced that John McAfee, the Company's proposed Executive Chairman and Chief Executive Officer, delivered an important and well-received keynote address at the Fourth Internet Security Conference (ISC 2016) in Beijing on Tuesday, August 16, 2016 at the China National Convention Center. He was joined by more than 100 presenters representing over 70 global networks of security-related institutions and enterprises.
In his keynote address, McAfee discussed the history of computing and cybersecurity, highlighting how many things have changed. Noting the decreasing relevance of reactive solutions like anti-virus, McAfee described the present and future landscapes of cybersecurity and how professionals will need to adapt their techniques and tools to become proactive. He also expressed a hope for increased cooperation and understanding between China and America.
To listen to John McAfee's keynote address at ISC 2016, please click here.
"I would like to thank the ISC and the Chinese government for giving me the opportunity to share my thoughts with industry and government leaders within the largest country in the world. I am hoping that my words will inspire cooperation in the field of security between China and the U.S., and indeed between and among all countries."
ISC is widely recognized as the largest-scale, most influential and professional cyber security conference in Asia Pacific. Attendance for ISC 2016 is expected to exceed 6,000 cybersecurity professionals from across China and all over the world. This audience includes decision makers representing Chinese business - the largest and most rapidly growing marketplace for cybersecurity solutions.
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.
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.
KCSA Strategic Communications
Director of Corporate Communications
MGT Capital Investments, Inc.
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SOURCE MGT Capital Investments, Inc.
Released August 18, 2016