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.
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
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SOURCE MGT Capital Investments, Inc.
Released June 22, 2016