LEADING BRANDS, INC.: Announces that it has Retained Jesse Sutton, CEO of Majesco Entertainment Company (“Majesco”) As t...
20 Marzo 2018 - 6:30AM
Leading Brands, Inc. (NASDAQ:LBIX) (the
“Company”), announces that in connection with the Definitive
Arrangement Agreement with Liquid Media Group Inc. (“Liquid”) and
the Support Agreement with Liquid’s subsidiary, Majesco
Entertainment Company (“Majesco”) (announced February 8, 2018), the
Company is pleased to announce that it has retained Majesco CEO
Jesse Sutton as its Chief Technical Officer.
Jesse Sutton is a co-founder of Majesco and has over 25 years’
experience in the interactive entertainment industry, publishing
hundreds of games across all platforms and genres. Mr. Sutton has
been involved in all areas of the interactive entertainment
business. He was acting CEO of Majesco from 2007 – 2015, when
Majesco was itself a NASDAQ-listed company. During his lengthy
tenure in the industry, Jesse has built an extensive network of
relationships across all areas. These include, finance,
development, marketing, licensing, sales and operations. His
notable games include, Bloodrayne, Psychonauts, Cooking Mama, Alvin
& The Chipmunks, Phineaus & Ferb and the best 3rd party
fitness game of all time, Zumba Fitness. Leading Brands CEO, Ralph
McRae said: “We are pleased to have Jesse join us to start work on
developing our new video game business. We are presently
reviewing several exciting opportunities with him that we hope to
announce shortly.”
Jesse Sutton said: “I’m excited by Liquid’s vision and the
ability to now fast track my involvement in this burgeoning
business while the arrangement is being finalized.”
Ralph McRae
Ralph D. McRaeChairman & CEO
Forward Looking StatementsCertain information contained in this
press release includes forward-looking statements. Words such
as “believe”, “expect,” “will,” or comparable terms, are intended
to identify forward-looking statements concerning the Company’s
expectations, beliefs, intentions, plans, objectives, future events
or performance and other developments. All forward-looking
statements included in this press release are based on information
available to the Company on the date hereof. Such statements
speak only as of the date hereof. Important factors that
could cause actual results to differ materially from the Company’s
estimations and projections are disclosed in the Company’s
securities filings and include, but are not limited to, the
following: general economic conditions, weather conditions,
changing beverage consumption trends, pricing, availability of raw
materials, economic uncertainties (including currency exchange
rates), government regulation, managing and maintaining growth, the
effect of adverse publicity, litigation, competition and other risk
factors described from time to time in securities reports filed by
Leading Brands, Inc. For all such forward-looking statements, we
claim the safe harbor for forward looking statements within the
meaning of the Private Securities Litigation Reform Act of
1995.
©2018 Leading Brands, Inc.
CONTACT:Leading Brands,
Inc.
Email: info@LBIX.com
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