VANCOUVER, BC, April 12,
2022 /CNW/ - East Side Games Group (TSX: EAGR) (OTC:
EAGRF) ("ESGG" or the "Company"), is pleased to
announce the implementation of its planned succession process, as
Darcy Taylor is succeeded by the
current Chief Revenue Officer, Board Chair, and East Side Games
co-founder, Jason Bailey, as Chief
Executive Officer, effective April
13th.
Mr. Taylor has been nominated for election at the Company's
upcoming annual shareholders meeting to the Board of Directors in
replacement of Jonathan Bixby, who
will not be standing for re-election. Mr. Taylor will continue to
work closely with Mr. Bailey and the rest of the ESGG Executive
Team to support the transition.
Mike Edwards, ESGG's Lead
Director, said: "As ESGG's vision holder, greatest champion, and
largest shareholder, Jason was the clear and unanimous choice of
the Board and Executive Team to serve as ESGG's CEO. He has a
proven ability to think strategically, communicate the vision and
grow our business effectively. East Side Games is stronger than
ever — with $100M in revenue for our
first full year as a TSX listed company, the strongest fourth
quarter revenue in our history, and a deep game pipeline for 2022 —
the timing is right to implement this succession plan. We look
forward to working with Jason and the rest of the Executive Team,
and we are confident they will capably guide ESGG through our next
chapter of growth and success."
Mr. Edwards continued: "On behalf of the Board, I want to thank
Darcy for his incredible leadership over the past 3 years. Darcy
and the ESGG Executive Team have built the Company into one of the
leading, most respected and creative publicly listed mobile game
group companies. Darcy's commitment to creating value has driven
ESGG's strategy, culture and success and, if elected, will continue
to serve as a board member to support ESGG's executive team. We
look forward to continuing to benefit from his knowledge,
experience and counsel."
Mr. Bailey said: "This is an incredibly exciting time for
ESGG. We are an emerging leader in the mobile games industry. We
have grown the core team to over 200 people with well over 200 more
working exclusively on our games through our many partner studios.
We are working with many of the world's biggest brands, on some of
the most beloved television and movie properties in the world. As
CEO, I am committed to enable creators to successfully deliver
mobile gaming experiences that players engage with every day."
Mr. Bailey continued: "I would like to also thank
Jonathan Bixby for his service who
will be stepping down from the board at the upcoming AGSM. I'd also
like to deeply and sincerely thank Darcy
Taylor for all he has done to get ESGG to where it is today.
Without his mentorship, guidance and unrelenting support, I would
not be as ready as I am today to take the helm of this
company."
ABOUT EAST SIDE GAMES GROUP
East Side Games Group (formerly operating under the name "LEAF
Mobile Inc.") is a leading free-to-play mobile game group, creating
engaging games that produce enduring player loyalty. Our studio
groups entrepreneurial culture is anchored in creativity,
execution, and growth through licensing of our proprietary Game Kit
software platform that enables professional game developers to
greatly increase the efficiency and effectiveness of game creation
in addition to organic growth through a diverse portfolio of
original and licensed IP mobile games that include: Archer:
Danger Phone, Bud Farm Idle Tycoon, Cheech & Chong Bud Farm, The Goldbergs: Back to the 80s,
It's Always Sunny: The Gang Goes Mobile and Trailer Park Boys
Grea$y Money, RuPaul's Drag Race Superstar and The
Office: Somehow We Manage.
We are headquartered in Vancouver,
Canada and our games are available worldwide on the App
Store and Google Play. For further information, please visit:
www.eastsidegamesgroup.com and join our online communities at
LinkedIn, Twitter, Facebook, and Instagram.
Additional information about the Company continues to be
available under its legal name, LEAF Mobile Inc., at
www.sedar.com.
Forward-looking Information
Certain statements in this release are forward-looking
statements, which reflect the expectations of management regarding
the proposed transactions described herein. Forward-looking
statements consist of statements that are not purely historical,
including any statements regarding beliefs, plans, expectations or
intentions regarding the future. Such statements are subject to
risks and uncertainties that may cause actual results, performance
or developments to differ materially from those contained in the
statements. No assurance can be given that any of the events
anticipated by the forward-looking statements will occur or, if
they do occur, what benefits the Company will obtain from them.
These forward-looking statements reflect management's current views
and are based on certain expectations, estimates and assumptions
which may prove to be incorrect. A number of risks and
uncertainties could cause our actual results to differ materially
from those expressed or implied by the forward-looking statements,
including factors beyond the Company's control. These
forward-looking statements are made as of the date of this news
release.
SOURCE East Side Games Group