PRESS RELEASE

from ESE Entertainment Inc. (isin : CA26906P1045)

ESE Successfully Produces 18 Days of Broadcast for LEC 2023 Spring Season, Garnering 3 Million Views and 1.2 Million Hours Watched

ESE Successfully Produces 18 Days of Broadcast for LEC 2023 Spring Season, Garnering 3 Million Views and 1.2 Million Hours Watched

VANCOUVER, BC / ACCESSWIRE / May 16, 2023 / ESE Entertainment Inc. ("ESE" or the "Company") (TSXV:ESE)(OTCQX:ENTEF), a global leader in gaming entertainment, announces that its media production unit, Frenzy, has successfully produced 18 days of high-definition broadcast for the League of Legends EMEA Championship (LEC) 2023 Spring Season.

The LEC 2023 Spring Season kicked off on March 11th and concluded on April 23rd. Frenzy produced top-quality broadcasts for Polsat Games' linear television, Twitch, and YouTube channels, all stemming from a single studio, focused primarily on language voiceover.

The production covered matches of teams listed at this link, presenting the drama, passion, and intense competition that characterize these globally recognized gaming events. The tournament had a substantial prize pool, detailed at this link, adding to the excitement of the competition.

The broadcast was a success, generating 3 million views and 1.2 million hours watched, affirming the dedication and expertise of Frenzy's production team.

"We're incredibly proud of the Frenzy team for their hard work and commitment to excellence during the LEC 2023 Spring Season," said Konrad Wasiela, CEO of ESE. "Our goal is to provide engaging, high-quality content that resonates with viewers and enhances the esports experience, and these impressive viewing figures confirm that we are achieving that goal."

Frenzy's successful production underlines ESE's ongoing commitment to the gaming community, further establishing the Company as a leading provider of top-tier production and broadcast services.

"Our team strives for excellence, and we're thrilled that our efforts have been so well-received by the gaming community," said Michal Brzeminski, COO at Frenzy. "We look forward to building on this success in our future productions."

ESE Entertainment Inc.
Konrad Wasiela
Chief Executive Officer and Director
+1 (437) 826-4012

About ESE Entertainment Inc.

ESE is a global technology company focused on gaming and 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. |www.esegaming.com

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This 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 growth of ESE. 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, including that a binding agreement may not be entered into with respect to the Transaction, and that even if a binding agreement is entered into that the Transaction may not be completed. 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.

For further information about ESE, please contact:

Daniel Mogil, Investor Relations
investors@esegaming.com
+1 (437) 826-4012

SOURCE: ESE Entertainment Inc.



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