GlobeNewswire Inc | Feb 23, 2021 12:27PM EST

February 23, 2021

TORONTO, Feb. 23, 2021 (GLOBE NEWSWIRE) -- i3 Interactive Inc. (i3Interactive or the Company) (CSE: BETS) (FRA: F0O3) is pleased to announce, as part of its 51% majority investment in Livepools, the news of its upcoming launch of its rebranded fantasy sports product BLITZPOOLS.

BLITZPOOLS, the skill-based fantasy gaming market in India, is set to launch with a captive audience of 1.5MM existing users and into an exploding demographic of existing and potential fantasy sports gaming audience.

With India Premier League (IPL) just around the corner, and the unexpected and overwhelming success of the previous IPL, BLITZPOOLS is extremely excited to present its product to the market.

BLITZPOOLS has partnered with a number top tier celebrities, influencers and cricketers alike who collectively have over 215MM social media followers and who all share the vision of providing a best-in-class fantasy sports product to the Indian consumer.

BLITZPOOLS looks forward to announcing its association with these top tier personalities in India early March as it rolls into launch.

ABOUT I3 INTERACTIVE INC. The Company is in the business of providing customers with an online and mobile gaming platform which will provide sports fans worldwide with a unique and highly engaging social gaming product, and sports betting and casino product offering. In an effort to break into the various emerging global markets, i3 has secured partnerships with key social media influencers.

For additional information on the Company:

Email: info@i3company.com

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable Canadian securities laws. Forward-looking statements are often, but not always, identified by the use of words such as seek, anticipate, believe, plan, estimate, expect, likely and intend and statements that an event or result may, will, should, could or might occur or be achieved and other similar expressions. The forward-looking statements in this press release include statements relating to the projections for growth in the Indian online gaming market, the successful acquisition of BLITZPOKER and the timing of its acquisition, regulatory approval of the acquisition, the projections for growth in BLITZPOKERs profit and popularity. Forward-looking statements are subject to business and economic risks and uncertainties and other factors that could cause actual results of operations to differ materially from those contained in the forward-looking statements, including, without limitation, (i) the costs of compliance with and the risk of liability imposed under the laws of the jurisdictions in which the Company is operating or will operate (the Operating Jurisdictions) including gambling laws and regulations, sports betting laws and regulations and mobile or online gambling and sports betting laws and regulations, (ii) negative changes in the political environment or in the regulation of mobile and online sports betting or gambling and the Companys business in the Operating Jurisdictions, (iii) risks relating to COVID-19 (iv) negative shifts in public opinion and perception of the gambling industry, (v) significant competition in the industry, (vi) risks of product liability and other safety-related liability as a result of usage of the Companys planned gambling and betting products, (vii) loss of intellectual property rights or protections, (viii) cybersecurity risks, (ix) constraints on marketing products,(x) fraudulent activity by employees, and (xi) risk of litigation. Readers are cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Readers are further cautioned that the assumptions used in the preparation of such forward-looking statements (including, but not limited to, the assumption that , (i) the Company's financial condition and development plans do not change as a result of unforeseen events, (ii) there will continue to be a demand, and market opportunity, for the Companys product offerings, (iii) the Company will be able to establish, preserve and develop its brand, and attract and retain required personnel, and (iv) current and future economic conditions will neither affect the business and operations of the Company nor the Companys ability to capitalize on anticipated business opportunities) although considered reasonable by management of the Company at the time of preparation, may prove to be imprecise and result in actual results differing materially from those anticipated, and as such, undue reliance should not be placed on forward-looking statements. The forward-looking statements included in this press release are made as of the date of this press release and the Company does not undertake an obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities laws. Forward-looking statements, forward-lookingfinancial information and other metrics presented herein are not intended as guidance or projections for the periods referenced herein or any future periods, and in particular, past performance is not an indicator of future results and the results of the Company in this press release may not be indicative of, and are not an estimate, forecast or projection of the Companys future results. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.