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.
Forward–looking Statements
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.
Investor Contact
Garth
Russell
Managing Director
KCSA Strategic Communications
grussell@kcsa.com
212.896.1250
Media Contact
Tiffany
Madison
Director of Corporate Communications
MGT Capital Investments, Inc.
tmadison@mgtci.com
469.236.9569
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SOURCE MGT Capital Investments, Inc.