VANCOUVER, BC, Dec. 15, 2023 /CNW/ - East Side Games Group Inc. (TSX: EAGR) (OTC: EAGRF) ("ESGG" or the "Company") is pleased to announce that the claims brought against it by Truly Social Games LLC in the United States District Court of Oregon on December 19, 2022 were dismissed by the District Court in its judgment dated December 11, 2023.

East Side Games Group logo (CNW Group/East Side Games Group Inc.)

The dismissal of this lawsuit underscores the baseless accusations of Truly Social Games regarding the integrity and professionalism of East Side Games Group. The dismissal of these baseless claims reaffirms our commitment to upholding the highest ethical standards in all aspects of our operations as leading mobile game publishers and developers.

"We are pleased with the court's decision to dismiss. This outcome validates our unwavering dedication to ethical business practices and our commitment to resolving legal matters transparently and justly" said Jason Bailey, CEO and Founder of East Side Games.

ESGG expresses gratitude for the support received from its employees, clients, and partners throughout this legal process. The company remains focused on its mission to provide tools that enable creators to develop mobile game experiences engaging players every day. ESGG continues to generously support its many development partners while acting as ambassadors to the incredible IPs and brands entrusted to the entity. The company asserts that it will vehemently fight all meritless, frivolous, or unfounded claims against itself, its employees, and its partners.

ABOUT EAST SIDE GAMES GROUP

East Side Games Group is a leading free-to-play mobile game group, creating engaging games that produce enduring player loyalty. Our studio group's entrepreneurial culture is anchored in creativity, execution, and growth through licensing of our proprietary Game Kit software platform that enables professional game developers to greatly increase the efficiency and effectiveness of game creation in addition to organic growth through a diverse portfolio of original and licensed IP mobile games that include: The Office: Somehow We Manage, Star Trek: Lower Decks – The Badgey Directive, Doctor Who: Lost in Time, RuPaul's Drag Race Superstar and Bud Farm: Munchie Match.

Additional information about the Company continues to be available under its legal name, East Side Games Group Inc., at www.sedar.com .

Forward-looking Information

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the proposed transactions described herein. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates, and assumptions that may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including factors beyond the Company's control. These forward-looking statements are made as of the date of this news release.

SOURCE East Side Games Group Inc.

Copyright 2023 Canada NewsWire

East Side Games (TSX:EAGR)
Gráfico Histórico do Ativo
De Jun 2024 até Jul 2024 Click aqui para mais gráficos East Side Games.
East Side Games (TSX:EAGR)
Gráfico Histórico do Ativo
De Jul 2023 até Jul 2024 Click aqui para mais gráficos East Side Games.