MGT NEWSROOM

MGT Appoints Bryan Seely to Hacker Advisory Board

Jun 13, 2016, 10:30 ET



HARRISON, N.Y., June 13, 2016 /PRNewswire-USNewswire/ -- MGT Capital Investments, Inc. (NYSE MKT: MGT) today announced the appointment of Bryan Seely, an ethical hacker and author of "Cyber Fraud: The Web of Lies," to its Hacker Advisory Board, effective immediately. 

Bryan Seely is a world-famous ethical hacker and a former U.S. Marine. He is best known for his hack of Google Maps in early 2014 that proved to be able to intercept calls to the United States Secret Service and FBI. A few months later he found an exploit in LinkedIn.com and helped the company resolve the vulnerability. Seely has held a TED Talk, participated in several TEDx events and was profiled by Wired.com, CNNMoney, CNET, Forbes and the Washington Post. Seely is currently Chief Information Security Officer of J4 Capital LLC and an advocate for cyber security through his public speaking events and published books.

"Bryan is an outstanding addition to the MGT Hacker Advisory Board as a renowned ethical hacker. He thinks entirely out of the box, and has consistently looked to leverage his skills for the good of society," said John McAfee, proposed Executive Chairman and Chief Executive Officer of MGT Capital. "Bryan's discovery that Google Maps could be used as a means of tapping into secret government communications, along with his efforts to widely alert the public, government and Google to their exposure is just the type of unique type of thinking MGT is looking for from its Hacker Advisory Board."

The Hacker Advisory Board was established by John McAfee to assist in steering the Company's technology in the ever changing field of cyber security threats. Each board member comes with unparalleled insight into the types of threats the Company aims to combat through its acquisition and evolution of cybersecurity technology. Existing members on the board include world renowned hackers Chris Roberts, Bryce Case and Alexander Heid.

About MGT Capital Investments, Inc.
MGT Capital Investments, Inc. (NYSE MKT: MGT) is in the process of acquiring a diverse portfolio of cyber security technologies. With cyber security industry pioneer, John McAfee, at its helm, MGT Capital is positioned to address various cyber threats through advanced protection technologies for mobile and personal tech devices, including tablets and smart phones. The Company is currently in the process of acquiring D-Vasive, a provider of leading edge anti-spy software, and Demonsaw, a provider of a secure and anonymous file sharing software platform. 

MGT Capital intends to change its corporate name to "John McAfee Global Technologies, Inc." upon closing of the D-Vasive transaction.

For more information on the Company, please visit http://ir.stockpr.com/mgtci.

Forward–looking Statements
This press release contains forward–looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward–looking statements." MGT's financial and operational results reflected above should not be construed by any means as representative of the current or future value of its common stock. All information set forth in this news release, except historical and factual information, represents forward–looking statements. This includes all statements about the Company's plans, beliefs, estimates and expectations. These statements are based on current estimates and projections, which involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These risks and uncertainties include issues related to: rapidly changing technology and evolving standards in the industries in which the Company and its subsidiaries operate; the ability to obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new business, license and sign new agreements; the unpredictable nature of consumer preferences; and other factors set forth in the Company's most recently filed annual report and registration statement. Readers are cautioned not to place undue reliance on these forward–looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof. Readers should carefully review the risks and uncertainties described in other documents that the Company files from time to time with the U.S. Securities and Exchange Commission.

Investor Contact
Garth Russell
Managing Director
KCSA Strategic Communications
grussell@kcsa.com 
212.896.1250

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SOURCE MGT Capital Investments, Inc.

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