LAS VEGAS, Sept. 23, 2016 (GLOBE NEWSWIRE) -- HeadsUp Entertainment International Inc. (Pinksheets:HDUP) announces today that it has entered into a Letter of Intent to acquire the assets of Fanlogic LLC, a Daily Fantasy Sports and Social Gamification company. This acquisition is part of a global expansion initiative into the sports, eSports, poker and social gaming strategy sectors. For more information see the Company’s website www.fanlogic.com.
About FANLOGIC
FANLOGIC is a complete social fantasy platform provider for in-game, daily, weekly, season-long, on-demand, eSports or event-driven fantasy games and promotions. Social, free to play fantasy games, for the purpose of customer acquisition and retention, is the company’s core offering. FANLOGIC partners with brand owners, media businesses and licensed gaming operators, to motivate and reward customers while building brand loyalty and revenues. FANLOGIC’s software is built to protect consumer data, meet regulatory compliance, and ensure partner integrity.
About HeadsUp Entertainment International Inc.
HeadsUp Entertainment International Inc. is a global media and entertainment company engaged in the creation of branded entertainment through the development, production and marketing of televised programming based on poker and other entertainment themes. For more information see the Company's website www.headsupentertainment.com.
Forward-Looking Statements:
This news release contains "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. When used in this release, words such as "estimate," "expect," "anticipate," "projected," "planned," forecasted" and similar expressions are intended to identify forward-looking statements, which are, by their very nature, not guarantees of HeadsUp Entertainment International Inc.'s future operational or financial performance, and are subject to risks and uncertainties. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release. Due to the risks and uncertainties, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.