MGT Appoints Gary Miliefsky and Vinny Troia to Strategic Advisory Boards

Jun 20, 2016, 14:14 ET

HARRISON, N.Y., June 20, 2016 /PRNewswire/ --  MGT Capital Investments, Inc. (NYSE MKT: MGT) today announced the appointment of Gary Miliefsky to its Emerging Large Scale Systems Advisory Board, and Vinny Troia to its Hacker Advisory Board, effective immediately.

Miliefsky is the CEO of SnoopWall, Inc. and co-inventor of its innovative breach prevention technologies. He is a cyber-security expert and a frequent invited guest on national and international media as an expert on mobile privacy, cyber security, cyber crime and cyber terrorism. Miliefsky has also been covered in Forbes and Fortune Magazines. Miliefsky has been extremely active in the INFOSEC arena, most recently as the Editor of Cyber Defense Magazine. He is a founding member of the US Department of Homeland Security, the National Information Security Group and the OVAL advisory board of MITRE responsible for the CVE Program.

Troia is CEO of Night Lion Security. Prior to founding Night Lion he worked for seven years as a security consultant with the US Department of Defense. Troia is a frequent guest on CNBC and Fox News, and has been featured in dozens of national publications. Troia is recently credited with tracing Hilary Clinton's email server to an address in Manhattan.

"The technical talents and access to the press that Gary and Vinny provide as members of our strategic advisory boards will help facilitate the release of our products and generate greater awareness of these products in the minds of potential customers," said John McAfee, proposed Executive Chairman and Chief Executive Officer of MGT Capital. "The addition of Gary and Vinny to our strategic advisory boards nearly rounds out the staffing of these boards. I have great respect for both men and look forward to working with them and the other members of the team that we have assembled. There is no greater cyber security talent pool in any company on the planet."

The advisory boards were 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. Currently, the advisory boards include a Hacker Advisory Board, Cryptocurrency Advisory Board and Emerging Large Scale Technology Advisory Board (ELSTAB).

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

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 

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SOURCE MGT Capital Investments, Inc.

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