Swarmio Media and etisalat by e& Launch Swarmio’s Ember Gaming and Esports Platform Throughout the MENA Area

Ember was rolled out within the UAE beneath the model title “Enviornment Esports” on November 28 ^th

• e& is likely one of the largest know-how and funding conglomerates on the planet, serving 162 million prospects throughout the globe. etisalat by e& is the most important telecom operator within the MENA area by variety of subscribers.

• Swarmio’s Ember gaming and Esports platform was launched to focus on etisalat by e& prospects beneath the model title Enviornment Esports on November 28 ^th .

  Swarmio Media Holdings Inc. (CSE: SWRM)  (OTCQB: SWMIF)  (GR: U5U) (“Swarmio” or “the Firm”), a know-how firm targeted on the worldwide deployment of its proprietary Ember gaming and esports platform, and Etisalat UAE, now branded as etisalat by e&, announce that they’ve entered right into a partnership (the “Partnership”) whereby Swarmio’s proprietary Ember gaming esports platform will probably be launched within the MENA area. The Ember platform was rolled out to etisalat by e& prospects within the UAE beneath the model title Enviornment Esports on November 28 th and will probably be expanded to further territories within the close to future.

“Our partnership with etisalat by e& will deliver the Ember platform to hundreds of thousands of players throughout the MENA area, starting with the United Arab Emirates – one of the vital sturdy gaming markets on the planet,” commented Vijai Karthigesu , CEO of Swarmio. “Presently, the typical consumer spend on micro-transactions comparable to digital content material, skins and equipment contained in the Ember platform has been extremely robust. We count on to see related outcomes as we roll out the Ember platform throughout the MENA area the place many voters don’t personal a bank card, and thus have been unable to purchase digital content material whereas taking part in video video games. Swarmio permits these under-served gaming communities to completely take part in video games in the same option to the US and European markets, which at the moment generate extra gaming income due their greater bank card penetration charges. We look ahead to working carefully with etisalat by e& to launch Ember beneath the Enviornment Esports model title to many different markets within the MENA area within the close to future.”

Swarmio developed its proprietary Ember gaming and esports platform as a co-branded SaaS-based product for telcos so as to add to their “bundle” service packages with a purpose to enhance buyer retention and enhance common income per consumer (ARPU). The Partnership with Etisalat by e& is a results of Swarmio’s beforehand introduced telco distribution settlement with WestBridge Telecom (“WestBridge”), whereby WestBridge will distribute Swarmio’s Ember platform to its telco shoppers within the MENA area.

Enviornment Esports subscribers could have entry to all of the options the Ember platform supplies, together with an ultra-low-latency taking part in expertise, unique aggressive challenges and tournaments, distinctive digital content material and merchandise, managed communities, gamification and factors system, on-line retailer, and different cost channels built-in by the “Swarmio Pay” gamer e-wallet – together with direct provider billing (DCB). Ember additionally allows players to buy digital content material, skins and equipment seamlessly contained in the platform by way of direct top-up, that means they don’t must pause their sport play to enter a validation code.

These different cost channels are particularly vital in markets such because the MENA area, which is the quickest rising gaming market on the planet, with an estimated 377 million players and rising . The MENA gaming market is at the moment valued at $1.78 billion and is anticipated to succeed in $5 billion by 2025 , with most of this progress attributable to players within the UAE, Saudi Arabia , and Egypt . In accordance with a current international survey by Statista, the UAE has the best proportion of grownup players on the planet , with 9 out of 10 grownup respondents saying they play video video games.

Revenues are generated from transactions that happen inside Enviornment Esports, comparable to month-to-month subscriptions and the acquisition of digital content material, skins and equipment (“microtransactions”). In accordance with SuperData, microtransactions made up 88 % of digital video games trade revenues in 2020 .

About Etisalat by e&

‘etisalat by e&’ is the model representing the UAE telecoms pillar of e& (previously referred to as Etisalat Group), in our dwelling market. In keeping with its refreshed technique, etisalat by e& is on a mission to unlock shareholder worth, ship excellent buyer experiences and drive optimum enterprise efficiency.

Making the most of the age of ‘connectivity renaissance’, etisalat by e& will develop core and digital companies, by enriching shoppers’ worth propositions with digital companies that cater for shoppers’ new life and rising calls for past fundamental telecom companies, together with areas like gaming, well being, and insurance coverage. etisalat by e& may even proceed to behave because the trusted accomplice and advisor of enterprises by enabling their connectivity and past connectivity necessities

Bolstering its management place because the digital telco that may be a buyer champion in a hyper-connected digital world, etisalat by e& will pivot new, sustainable demand in future-forward areas like non-public networks, autonomous automobiles, and AI.

To be taught extra about etisalat by e&, please go to https://eand.com/en/telecom.jsp

About Ember by Swarmio

Swarmio’s absolutely managed, plug-and-play Ember platform could be shortly and seamlessly built-in with main telco operations, permitting telcos to have interaction and monetize gaming subscribers and achieve quick and significant entry to the US$200 billion gaming market.

Ember supplies a proprietary digital hub for gaming communities, permitting players to entry an ultra-low-latency taking part in expertise, aggressive challenges and tournaments, unique gaming content material, managed communities, gamification and factors system, on-line retailer (Swarmio Retailer), gamer e-wallet (Swarmio Pay), and customised digital content material.

About Swarmio Media

Swarmio Media (CSE: SWRM) (OTC: SWMIF) (GR: U5U) is a know-how firm targeted on deploying its proprietary end-to-end gaming and esports platform, Ember, which allows telcos to monetize their gaming prospects. Swarmio has engaged with a number of telcos which have launched Ember as an add-on service, permitting subscribers to entry tournaments, have interaction in a localized gaming neighborhood, problem pals and influencers, and earn factors that can be utilized to buy gaming content material. Ember is powered by Swarmio’s patented Latency-Optimized Edge Cloud (‘LEC’) know-how, which reduces lag and permits players to get pleasure from an optimized gaming expertise.

To be taught extra about Swarmio Media, please go to:
Swarmio Investor Web site (https://swarmio.media/traders)
Swarmio on LinkedIn ( https://www.linkedin.com/firm/swarmiomedia )
Swarmio on Twitter ( https://twitter.com/SwarmioMedia )

Cautionary Word Relating to Ahead-Wanting Statements

Info set forth on this information launch might contain forward-looking statements beneath relevant securities legal guidelines. Ahead-looking statements are statements that relate to future, not previous, occasions. On this context, forward-looking statements typically deal with anticipated future enterprise and monetary efficiency, and infrequently include phrases comparable to “anticipate”, “consider”, “plan”, “estimate”, “count on”, and “intend”, statements that an motion or occasion “might”, “would possibly”, “might”, “ought to”, or “will” be taken or happen, or different related expressions. All statements, aside from statements of historic truth, included herein together with, with out limitation: statements concerning the Firm’s progress, the Firm’s means to capitalize on the key international alternative within the gaming and esports market, anticipated advantages to the Firm’s companions and their prospects from utilizing the Firm’s merchandise, ongoing discussions with potential new prospects or companions and the likelihood that such discussions might lead to further contracts or income for the Firm, the Firm’s future plans, its objectives and expectations, together with however not restricted to, the Firm’s persevering with means to enter into agreements to deploy its merchandise with worldwide telecommunications firms and sport publishers and its means to monetize these agreements by producing SaaS-based revenues are forward-looking statements. By their nature, forward-looking statements contain recognized and unknown dangers, uncertainties and different elements which can trigger the precise outcomes, efficiency or achievements, or different future occasions, to be materially completely different from any future outcomes, efficiency or achievements expressed or implied by such forward-looking statements. Such elements embrace, amongst others, the dangers recognized within the Corporations long-form prospectus dated November 10, 2021 (which could be accessed by the Firm’s profile on www.sedar.com ). Ahead-looking statements are made primarily based on administration’s beliefs, estimates and opinions on the date that statements are made and the respective firms undertakes no obligation to replace forward-looking statements if these beliefs, estimates and opinions or different circumstances ought to change, besides as required by relevant securities legal guidelines. Traders are cautioned towards attributing undue certainty to forward-looking statements.

Neither the Canadian Securities Change nor its Regulation Companies Supplier accepts accountability for the adequacy or accuracy of this launch.

SOURCE Swarmio Media Holdings Inc.

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