Alpha Esports Announces Expansion into Brazil; Signs Launch Partnership with Mais Esports, Brazil's Largest Esports Media Company

Partnership will leverage GamerzArena Platform for Esports Tournaments & Co-marketing Campaigns

Alpha Esports Tech Inc. (CSE:ALPA)(FSE:5NP),(OTC PINK:APETF), ("Alpha" or the "Company") announces it has expanded into the Brazilian esports market by signing a partnership with Mais Esports, ("Mais") the largest esports media company in Brazil

Mais is the number one Brazilian Esports portal for gamers, and provides news about League of Legends, CS:GO, Fortnite, PUBG, Overwatch, R6 and other major Esports titles and tournaments. In total, Mais averages 4 million page views per month on its website, and has a combined social media following of over 400,000, providing Alpha with access to a new, scaled audience.

Under the terms of this partnership:

• GamerzArena, will become the exclusive platform for all of Mais's online esports events in Brazil, where the Company will host and operate a variety of gaming tournaments for Mais and their followers on a weekly basis.
• The parties will co-market to drive user acquisition for Alpha's online gaming platform, GamerzArena, as Mais will also leverage its existing relationships in Brazilian gaming and esports to promote the Company's subscription service, GamerzArena+.
• Alpha and Mais will participate in a revenue split for each paid membership sign up, as well as all events and tournaments hosted.

"Brazil is one of the fastest growing markets in esports and with Mais as our esports and marketing partner, we believe there is a significant opportunity to increase to our userbase for both GamerzArena and GamerzArena+," said interim CEO, Matthew Schmidt. "This partnership is consistent with the Company's stated goal to focus on strategic partnerships that we believe will help us achieve ongoing user acquisition."

"I'm really happy with this partnership with GamerzArena," said CEO and founder of Mais Esports, Eric Teixeirs. "Brazil has a lot of casual and amateur gamers seeking esports competition and with Alpha, we can build something really great for the fans and gamers."

About Alpha Esports Tech Inc.
Alpha Esports Tech Inc. is a technology company that focuses on emerging industries in esports, mobile gaming, ecommerce, and other high growth opportunities. Through a strong portfolio of technology assets and products such as GamerzArena, Alpha Esports Tech brings a unique mass-appeal focus to modern gaming platforms. Learn more at: www.alphatech.inc

Contact:
Investor Relations: ir@alphatech.inc - 604 359 1256
Media and Public Relations: - media@alphatech.inc

On Behalf of The Board of Directors
Jonathan Anastas
Chairman and Director

Forward Looking Statement
This news release contains "forward-looking information" within the meaning of applicable securities laws relating to statements regarding the Company's business, products, and future of the Company's business. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Readers are cautioned not to place undue reliance on forward-looking information. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance, and developments to differ materially from those contemplated by these statements depending on, among other things, the risks that the Company's products and plan will vary from those stated in this news release and the Company may not be able to carry out its business plans as expected. Except as required by law, the Company expressly disclaims any obligation and does not intend to update any forward-looking statements or forward-looking information in this news release. Although the Company believes that the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. The statements in this news release are made as of the date of this release.

The CSE has not reviewed, approved or disapproved the content of this press release

SOURCE: Alpha Esports Tech Inc.