MARKHAM, Ontario--(BUSINESS WIRE)--Leading defence and military magazine, CANADIAN DEFENCE REVIEW, has just released its annual Survey & Ranking of Canada’s Top 100 Defence Companies.

For 2022, CDR has named Seaspan Shipyards, its Top Defence Company and it’s the first time for the company at the #1 spot in the 18 years the survey has been published.

In commenting on the #1 ranking, Seaspan Shipyards’ CEO, Mark Lamarre said, “We are honoured to be recognized by CDR as Canada’s Top Defence Company.”

He added, “It is recognition not only of the hard work by the 2,700 talented and resilient employees at Seaspan Shipyards, but also of the outstanding efforts and commitment by our customers, federal government partners and suppliers across the country. Together, we are delivering modern and much-needed ships for Canada's Coast Guard and Navy and we are rebuilding an industry of strategic national importance.”

CDR Editor-in-Chief, Peter Kitchen, commented, “A healthy shipbuilding industry is critical to the upkeep and maintenance of a nation’s navy and Seaspan is very much a part of that as it regularly refits the Victoria Class submarines and Halifax-Class frigates of Canada’s Navy. Now, under the leadership of CEO, Mark Lamarre, Seaspan has invested in new infrastructure at its Vancouver yard and it’s set to deliver critically important supply ships under the JSS program for Canada’s Navy.”

He added, “Seaspan is now hitting on all cylinders and the federal government apparently agrees, as late last year it named Seaspan one of two yards selected to build a world class Polar Icebreaker. So, for all these reasons and for the way the company has sought to keep its workers safe during the pandemic, we feel the time is right to recognize Seaspan as Canada’s #1 Defence Company.”

This year CDR has added new blood to the survey in the form of 13 new companies showing Canada’s defence industry remains strong.

An evaluation panel consisting of CDR editorial staff and independent advisors ranked the companies based on factors such as economic impact, innovation, contribution to the nation's security, corporate integrity and support for Canada’s military.

With the publication of its annual Top 100 Defence Companies Survey & Ranking, CDR’s goal is to showcase Canada’s defence industry and all that it has to offer.

For further information:
Peter A. Kitchen, Editor-in-Chief
Telephone: (905) 554-4586
Email: Info@CanadianDefenceReview.com
www.CanadianDefenceReview.com

TORONTO--(BUSINESS WIRE)--#DigitalMedia--Playmaker Capital Inc. (TSXV: PMKR) (“Playmaker”), the digital sports media company that delivers authentic content experiences through its portfolio of sports media and technology brands, announced today that it has appointed Sara Slane, Founder of Slane Advisory and former Senior Vice President of the American Gaming Association, and Mark Harrison, Founder of The T1 Agency and SponsorshipX, to its board of directors (the “Board”).

“Being able to add two people of the calibre of Sara and Mark is a big step forward for Playmaker,” said Jordan Gnat, Playmaker CEO. “I have known Sara for many years and have witnessed how effective she has been in providing guidance and leadership to the gaming and sports industries. Mark’s reputation is second to none. We have been looking to add a senior executive in the marketing and partnership industry to our Board, and Mark fits that perfectly. Sara and Mark have distinct experiences that are relevant to our core business model, and they will both serve as incredibly important and complimentary additions to the current composition of our Board.”

Ms. Slane is the founder of Slane Advisory, a consultancy focused on advising stakeholders from the gaming, media, and sports industries. Previously, Ms. Slane served as Senior Vice President of Public Affairs at the American Gaming Association. As a key industry strategist and spokesperson, Ms. Slane was instrumental in enhancing the gaming industry’s reputation and overturning the Professional and Amateur Sports Protection Act (PASPA), which has resulted in widespread and continued adoption of sports betting across the U.S. Ms. Slane has conducted numerous team market access and sponsorship deals in the U.S., having aligned gaming partners for the NHL, NASCAR, and PGA TOUR. She currently serves as a board member to Delaware North and a board observer to GeoComply. Ms. Slane is considered to be one of the most influential voices in gaming, and has been the recipient of numerous awards, including Sports Business Journal’s Forty Under 40, Sports Betting Hall of Fame, the 2019 Sports Betting Power Players list, and Global Gaming Business Top 25 People to Watch.

Mr. Harrison has been a leading figure in the sponsorship and marketing industry in Canada for over 30 years. In 1994, Mr. Harrison founded the T1 Agency, a full-stack sponsorship agency that elevates brands through strategic partnerships, creative activations, and effective amplification. In 2005, Mr. Harrison founded SponsorshipX, a global community of sponsorship and marketing focused practitioners. Mr. Harrison is also the founder of Mh3 Collective, an organization that is focused on empowering people, promoting social and racial equity, and removing barriers to education, among other initiatives. As a lifelong volunteer and steward of equity and inclusion, Mr. Harrison founded the Black Talent Initiative in 2020 to facilitate opportunities for professional Black talent. Additionally, Mr. Harrison is Board Chair at Big Brothers Big Sisters of Toronto, a Fundraising Campaign Cabinet Member at CAMH Foundation, and an advisor to several ventures, including the Crankworx World Tour, Riff, and NFL Canada.

The appointments of Ms. Slane and Mr. Harrison to Playmaker’s Board will strengthen and complement the Board’s areas of expertise. Ms. Slane’s deep understanding of the North American gaming industry will provide invaluable insight regarding the continued development and adoption of sports betting, an important area of opportunity for Playmaker as it looks to continue to build strong commercial partnerships with sports betting operators. Mr. Harrison’s extensive sponsorship and advertising knowledge will serve as an important and trusted resource for Playmaker and its multi-channel portfolio of digital sports media properties.

In connection with the director appointments, Playmaker granted 400,000 options (the “Options”) to acquire Playmaker common shares (the “Common Shares”) to each of Ms. Slane and Mr. Harrison, at an exercise price of C$0.58 per Common Share, 25% of which vest on the first anniversary of the date of grant, with the remaining Options vesting in 1/48 increments each monthly anniversary thereafter. The Options expire 10 years from the date of grant.

TSX VENTURE EXCHANGE DISCLAIMER
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

ABOUT PLAYMAKER
Playmaker Capital Inc. (TSXV: PMKR; OTC: PMKRF) is a digital sports media company that lives at the intersection of sports, betting, media and technology. Playmaker is building a premier collection of sports media brands, curated to deliver highly engaged audiences of sports fans to sports betting companies, leagues, teams and advertisers.

For more information, visit: playmaker.fans or contact Playmaker Chief Executive Officer Jordan Gnat via email jgnat@playmaker.fans | (416) 815-4993.

To sign up for Playmaker’s Investor Alerts, visit: playmaker.fans/investors.

MEDIA
Tom Webb - tom@redknotcomms.com | (+1) 512 952 9369
Mauricio Villarreal - mauricio@redknotcomms.com | (+1) 919 808 8898
Romilly Evans - rom@redknotcomms.com | (+44) 7766 752 274

TORONTO--(BUSINESS WIRE)--Postmedia Network Canada Corp. (“Postmedia” or the “Company”) today released financial information for the three and six months ended February 28, 2022.

“We are in the early stages of a post-pandemic world which is still in recovery mode. The Omicron surge and resulting shutdowns and restrictions have clearly had an impact on the economic rebound broadly and can be seen in our Q2 results. Our focus will remain on our transformation and managing through a challenging environment for both our industry and the Canadian economy,” said Andrew MacLeod, President and Chief Executive Officer, Postmedia.

In addition, Postmedia is pleased to announce the appointment of Jamie Irving to the boards of both Postmedia Network Canada Corp. and its subsidiary Postmedia Network Inc.

“Jamie Irving’s background in media and role as a strong advocate for the industry make him an exceptional addition to our boards. We welcome his insight and involvement in architecting Postmedia’s future,” said Mr. MacLeod.

Mr. Irving previously led Brunswick News Inc. for 13 years and currently serves as the chair of News Media Canada. In addition Mr. Irving chairs the Board of Trustees at the Beaverbrook Art Gallery in Fredericton, New Brunswick.

“I am pleased to join Postmedia’s boards,” said Jamie Irving. “I look forward to contributing to the company’s transformation at a critical time for our industry and working with my fellow directors and Postmedia’s strong management team.”

Second Quarter Operating Results

Revenue for the quarter was $102.5 million as compared to $106.0 million in the same period in the prior year, representing a decrease of $3.5 million or 3.3%. The revenue decrease was due to decreases in print circulation of $5.3 million or 12.4% and print advertising of $1.9 million or 5.2%. Partially offsetting these decreases was an increase in digital revenue of $3.4 million or 14.5%.

Total operating expenses excluding depreciation, amortization, impairment, settlement gain and restructuring increased $7.5 million or 7.6% for the quarter ended February 28, 2022, relative to the same period in the prior year. The increase primarily relates to compensation expense as a result of a reduction in government assistance as well as production costs related to the increase in digital advertising revenue. The compensation expense increase includes a reduction in the compensation expense recovery related to the Canada Emergency Wage Subsidy (“CEWS”) of $5.7 million, partially offset by an increase in compensation recovery related to journalism tax credits of $0.8 million.

Operating loss before depreciation, amortization, impairment, settlement gain and restructuring in the quarter was $2.7 million, as compared to operating income before depreciation, amortization, impairment, settlement gain and restructuring of $8.3 million in the same period in the prior year. The change is due to the decline in total revenue and the increase in operating expenses excluding depreciation, amortization, impairment, settlement gain and restructuring.

Net loss in the quarter ended February 28, 2022 was $22.1 million, as compared to net earnings of $0.7 million in the same period in the prior year. The change was primarily the result of the operating loss before depreciation, amortization, impairment, settlement gain and restructuring, losses on derivative financial instruments and foreign exchange in the three months ended February 28, 2022, partially offset by decreases in impairment and restructuring expenses.

Year-to-Date Operating Results

Revenue for the six months ended February 28, 2022 was $220.6 million as compared to $222.9 million in the same period in the prior year, a decrease of $2.4 million or 1.1%. The revenue decline was primarily due to decreases in print circulation revenue of $9.6 million or 11.0% and print advertising revenue of $5.5 million or 7.0%. Partially offsetting these decreases was an increase in digital revenue of $12.4 million or 25.7%.

Total operating expenses excluding depreciation, amortization, impairment, settlement gain and restructuring increased $13.9 million or 7.0% for the six months ended February 28, 2022, relative to the same period in the prior year. The increase primarily relates to compensation expense as a result of a reduction in government assistance as well as production costs related to the increase in digital advertising revenue. The compensation expense increase includes a reduction in the compensation expense recovery related to CEWS of $10.7 million, partially offset by an increase in compensation recovery related to journalism tax credits of $1.5 million.

Operating income before depreciation, amortization, impairment, settlement gain and restructuring of $9.2 million in the quarter represents a decrease of $16.3 million relative to the same period in the prior year. The decrease is due to the decline in total revenue and the increase in operating expenses excluding depreciation, amortization, impairment, settlement gain and restructuring.

Net loss in the six months ended February 28, 2022 was $26.5 million, as compared to net earnings of $53.5 million in the same period in the prior year. The change was primarily the result of the decrease in operating income before depreciation, amortization, impairment, settlement gain and restructuring, losses on derivative financial instruments and foreign exchange in the six months ended February 28, 2022, the settlement gain of $63.1 million in the six months ended February 28, 2021, partially offset by decreases in impairment and restructuring expenses.

COVID-19 Update

The COVID-19 pandemic resulted in governments worldwide enacting emergency measures to combat the spread of the virus which included travel bans, self-imposed quarantine periods and social distancing that caused disruption to businesses resulting in an economic slowdown. The Company has been generally exempt from mandates requiring closures of non-essential businesses and therefore has been able to continue operations, however, advertising revenue declines accelerated during the first twelve months of the COVID-19 pandemic with a return to previous trends in recent quarters. Recently, government measures have been significantly reduced, however the duration of the COVID-19 pandemic and the impact on the Company’s revenue continues to be uncertain. On April 11, 2020, the Government of Canada passed CEWS to support employers facing financial hardship as measured by certain revenue declines as a result of the COVID-19 pandemic. CEWS provided a reimbursement of compensation expense to October 23, 2021, provided the applicant has met the applicable criteria. During the six months ended February 28, 2022, the Company filed and received all the remaining claims available under the program and during the three and six months ended February 28, 2022, recognized a recovery of compensation expense of nil and $1.6 million, respectively, related to CEWS (2021 - $5.7 million and $12.3 million, respectively) and in total recognized $64.9 million related to CEWS since the program was announced.

Acquisition of Brunswick News Inc.

On February 17, 2022 the Company entered into a purchase agreement with J. D. Irving, Limited to purchase all of the issued and outstanding shares of Brunswick News Inc. (“BNI”). The acquisition closed on March 25, 2022 and includes BNI’s daily and weekly newspapers, digital properties and parcel delivery business. The purchase price consisted of cash consideration of $7.5M and share consideration of $8.6M in Class NC variable voting shares (“Variable Voting Shares”) of Postmedia Network Canada Corp. at an implied price of $2.10 per Variable Voting Share. The share consideration has been adjusted for a preliminary working capital adjustment of a nominal amount.

Debt Repayment and Refinancing

Subsequent to February 28, 2022, the Company redeemed $1.0 million of 8.25% Senior Secured Notes due 2023 (“First-Lien Notes”) on March 11, 2022 with the proceeds of asset sales. In addition, on April 7, 2022, the Company completed a previously announced refinancing transaction that included the redemption of $15.0 million of the First-Lien Notes plus accrued interest of $0.5 million and extended the maturity of its First-Lien Notes and second lien notes by approximately three and a half years to February 17, 2027 and August 17, 2027, respectively, on substantially similar terms (including interest rates) to the existing terms. In connection with the extension of the maturity of the Company’s First-Lien Notes, the Company has agreed to issue approximately 794,630 Variable Voting Shares to the holders of the First-Lien Notes at an implied price of $2.10 per share as a fee for the extension. The Company also extended the maturity of its asset-based revolving credit facility (the “ABL Facility”) by three years to October 1, 2025. After the refinancing transaction the Company will have $48.5 million of First-Lien Notes outstanding of the original $225.0 million that was issued in October 2016.

Business Transformation Initiatives

During the three and six months ended February 28, 2022, the Company implemented initiatives related to compensation expense reductions, real estate rationalization, production efficiencies and other transformation programs, which are expected to result in approximately $6 million and $15 million of net annualized cost savings, respectively.

The Company intends to continue to identify and undertake ongoing cost reduction initiatives in an effort to address revenue declination in the legacy print business.

Additional Information

Additional information, including financial statements and management’s discussion and analysis can be found on the Company’s website at www.postmedia.com or on SEDAR at www.sedar.com.

Note: All dollar amounts are expressed in Canadian dollars unless otherwise specified.

About Postmedia Network Canada Corp.

Postmedia Network Canada Corp. (TSX:PNC.A, PNC.B) is the holding company that owns Postmedia Network Inc., a Canadian newsmedia company representing more than 130 brands across multiple print, online, and mobile platforms. Award-winning journalists and innovative product development teams bring engaging content to millions of people every week whenever and wherever they want it. This exceptional content, reach and scope offers advertisers and marketers compelling solutions to effectively reach target audiences. For more information, visit www.postmedia.com.

Forward-Looking Information

This news release may include information that is “forward-looking information” under applicable Canadian securities laws. The Company has tried, where possible, to identify such information and statements by using words such as “believe,” “expect,” “intend,” “estimate,” “anticipate,” “may,” “will,” “could,” “would,” “should” and similar expressions and derivations thereof in connection with any discussion of future events, trends or prospects or future operating or financial performance. Forward-looking statements in this news release include statements with respect to the impact of the COVID-19 pandemic on the Company’s business, the implementation and results of the Company’s transformation initiatives, continued benefits of historical results into future periods, the realization of anticipated cost savings and the identification and undertaking of ongoing cost savings initiatives. By their nature, forward-looking information and statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. These risks and uncertainties include, among others: competition from digital and other forms of media; the effect of economic conditions on advertising revenue; the ability of the Company to build out its digital media and online businesses; the failure to maintain current print and online newspaper readership and circulation levels; the realization of anticipated cost savings; possible damage to the reputation of the Company’s brands or trademarks; possible labour disruptions; possible environmental liabilities, litigation and pension plan obligations; fluctuations in foreign exchange rates and the prices of newsprint and other commodities.

In addition, we are subject to the risk and uncertainties related to the COVID-19 pandemic. The pandemic resulted in governments worldwide enacting emergency measures to combat the spread of the virus including travel bans, self-imposed quarantine periods and social distancing that caused disruption to businesses resulting in an economic slowdown. We have been generally exempt from mandates requiring closures of non-essential businesses and therefore have been able to continue operations however, advertising revenues declined as a result of COVID-19 pandemic and related government measures. The outbreak of contagious illness such as this can impact our operations in a number of ways including quarantined employees, travel restrictions, temporary closure of our facilities, a decrease in demand for advertising, as well as interruptions to our supply chain, including temporary closure of supplier facilities. Given the high level of uncertainty surrounding the duration of the COVID-19 pandemic it is difficult to reliably estimate its potential impact on the financial condition and results of our business. We are continuing to address the current challenges related to the COVID-19 pandemic and monitoring these challenges as they evolve so as to minimize this risk however it could have a material adverse effect on our business, financial condition, results of operations, liquidity and cash flow. For a complete list of our risk factors please refer to the section entitled “Risk Factors” contained in our annual management’s discussion and analysis for the years ended August 31, 2021 and 2020. Although the Company bases such information and statements on assumptions believed to be reasonable when made, they are not guarantees of future performance and actual results of operations, financial condition and liquidity, and developments in the industry in which the Company operates, may differ materially from any such information and statements in this press release. Given these risks and uncertainties, undue reliance should not be placed on any forward-looking information or forward-looking statements, which speak only as of the date of such information or statements. Other than as required by law, the Company does not undertake, and specifically declines, any obligation to update such information or statements or to publicly announce the results of any revisions to any such information or statements.

Media Contact
Phyllise Gelfand
Vice President, Communications
(647) 273-9287
pgelfand@postmedia.com

Investor Contact
Mary Anne Lavallee
Executive Vice President, Chief Operating Officer and Interim Chief Financial Officer
(416) 442-3448
mLavallee@postmedia.com

Call on all parties in Parliament to work together to pass legislation by June

TORONTO--(BUSINESS WIRE)--News Media Canada, representing more than 500 trusted print and digital titles in every province and territory, welcomes the introduction of Bill C-18 (“An Act respecting online communications platforms that make news content available to persons in Canada”). The bill permits news publishers to negotiate collectively with digital platforms and services, backed up by the teeth of baseball-style final offer arbitration.

“This approach has been a shining success in Australia, where publishers large and small are inking meaningful content licensing agreements,” said Jamie Irving, chair of News Media Canada. “Trusted information is needed more today than ever before, and real news reported by real journalists costs real money. This legislation levels the playing field and gives Canada’s news publishers a fair shot and doesn’t require additional taxpayer funds.”

“We thank Pablo Rodriguez, Minister of Canadian Heritage, and his officials for working diligently and quickly to bring forward legislation that will ensure we have a fiercely independent and commercially viable news publishing sector, where local community news thrives alongside a vibrant open web,” said Paul Deegan, president and chief executive officer of News Media Canada. “All political parties in Parliament agree on the value of local news; the existential threat the news business is facing; the power imbalance between Big Tech monopolies and news publishers; and the importance of collective negotiation. It’s time for Canada to join the ranks of leading countries such as Australia and France in addressing market failure and restoring fairness. It’s time for Parliamentarians in the House of Commons and Senate to work together, across party lines, to pass this vital legislation by June.”

A full copy of the legislation is available here.

About News Media Canada
News Media Canada is the voice of the print and digital news media industry in Canada and represents hundreds of trusted titles in every province and territory. News Media Canada is an advocate in public policy for daily and community media outlets and contributes to the ongoing evolution of the news media industry by raising awareness and promoting the benefits of news media across all platforms. For more information, visit our website at www.newsmediacanada.ca or follow us on Facebook, Twitter, Instagram and YouTube.

For more information, please contact:

Paul Deegan
President and CEO
News Media Canada
pdeegan@newsmediacanada.ca

TORONTO--(BUSINESS WIRE)--Alida, a leader in Total Experience Management (TXM), today announced that it has been recognized on the 9^th annual list of Canada’s Top Small & Medium Employers. Alida received this award after a thorough workplace and employee experience review by Mediacorp Canada Inc., organizers of the annual Canada’s Top 100 Employers project.

Canada’s Top Small & Medium Employers is an editorial competition that recognizes the small and medium enterprises (SMEs) that offer the nation’s best workplaces and forward-thinking human resources policies. Employers are evaluated by the same criteria as the Top 100 competition including, physical workplace, work atmosphere, social, health, financial and family benefits, vacation and time off, employee communications, performance management, training and skills developments, and community involvement. Employers are compared to other organizations in their industry to determine which offers the most progressive and forward-thinking programs.

“We are honored to have been named as a 2022 Top Small and Medium Employer in Canada,” said Ross Wainwright, CEO at Alida. “With a constant and careful consideration for the voice of our employees, Alida has been able to build a truly supportive and inclusive workplace. Despite the external challenges of the past year, our people have shown great strength and empathy and I am incredibly proud of the culture we have been able to foster together — a culture where people can do their best work, be heard, and make an impact.”

At Alida, a thriving business means to have happy and engaged employees who bring their true and authentic selves to work every day. By using its own TXM Platform to gather rich insights, Alida is able to understand and take action on the changing needs of its employee base to implement impactful growth opportunities across the business. Among these new implementations include the permanent hybrid work model adopted in 2020 as well as Alida’s most recent initiative to introduce a four-day work week pilot program launching in July 2022.

With a rich heritage and a start-up mentality, Alida is looking for people with a fresh perspective, a collaborative mindset, and a sense of relentless curiosity. Find Alida’s open roles at www.alida.com/careers.

About Mediacorp Canada Inc.

Founded in 1992, Mediacorp Canada Inc. is the nation’s largest publisher of employment periodicals. Since 1999, the Toronto-based publisher has managed the Canada’s Top 100 Employers project, which includes 18 regional and special-interest editorial competitions that reach millions of Canadians annually through a variety of magazine and newspaper partners, including The Globe and Mail. Mediacorp also operates Eluta.ca, one of Canada’s largest job search engines, which reaches millions of job-seekers annually and features editorial reviews from the Canada’s Top 100 Employers project.

The full list of Canada’s Top Small & Medium Employers for 2022 was announced today in a special magazine co-published with The Globe and Mail. Detailed reasons for selection for each of the winners were released by the editors today and are accessible via the competition homepage: https://www.canadastop100.com/sme/

About Alida

Alida believes in a world where customers are respected as the ultimate source of truth. Because knowing the whole truth about your customers—even the parts that are hard to hear—can help companies make better decisions that drive long-term customer loyalty and growth. With the Alida Total Experience Management (TXM) Platform, leading brands like HBOMax, Adobe, Red Bull, and J.Crew turn their customer truth into action to power exceptional customer, employee, product, and brand experiences.

Founded in Vancouver, Canada over 20 years ago as Vision Critical, Alida now serves the globe with its visionary software and team of 500+ experts across 11 countries.

Join us on our mission to reimagine the experience at www.alida.com and @alidaCXM.

Media Contact
Genevieve Raveau
genevieve.raveau@alida.com
Senior Manager, Global Communications

VANCOUVER, British Columbia--(BUSINESS WIRE)--Legible Inc. (CSE: READ) (FSE: D0T) (OTC: LEBGF) (" Legible” or the “Company”) announces that the Company has made the difficult decision to reduce the number of employees in the Company from 60 to 37, effective April 4, streamlining operations and reducing the Company’s annual burn rate by nearly $2 million. The one-time aggregate restructuring cost associated with the terminations is $75,200.

With this restructuring, Legible is focused on advancing a number of revenue streams that have the potential to result in significant growth for the Company. “This recalibration of our operations and staffing levels will help to ensure that Legible successfully delivers on our revenue growth strategy for 2022 and beyond,” said CEO Kaleeg Hainsworth.

Mr. Hainsworth will assume the duties of Mr. Adam Zouak, Legible’s former Chief Technology Officer (CTO), who along with other employees has elected to move on. “We wish Adam and all of our former staff members success in their future endeavors and thank them deeply for their substantial contributions in helping to build Legible to date,” said Hainsworth, who will draw on his extensive publishing and technical software background to oversee Legible’s product development team.

Mr. Hainsworth will present the keynote address at the London Book Fair today, April 5, entitled: “How the Next One Billion Internet Users Will Read Our Books”, and a second presentation on Thursday showcasing the Legible platform and featuring a ground-breaking new “living book” format that will transform the way eBooks are created and presented.

The London Book Fair is the second largest book fair in the world and will be attended in person and/or streamed to an anticipated 20,000 attendees comprised of publishers, distributors, authors, and readers. “While in London, I will be meeting with multiple publishers about Legible and our plans to further increase and diversify our content offerings,” added Hainsworth.

Legible already has contracts in place with three of the world’s top global publishers, as well as one of the largest digital content distribution platforms in the world, CoreSource®, a division of the Ingram Content Group.

About Legible Inc.

Legible is a book entertainment and media company that has developed an online eBook marketplace called Legible.com, with an eBook reading system capable of showcasing next-generation book content, and a world-class digital conversion publishing service for creating multimedia eBooks and born-accessible eBook content.

Founded and led by a team of technologists, authors, eBook publishers, designers, and publishing industry insiders, Legible is transforming the eBook industry. With a mission to provide delightful eBook experiences to readers around the globe through any browser-enabled device, Legible is committed to providing delightful eReading to readers that value immersive entertainment experiences through beautifully constructed and content dynamic books, provided by a company that promotes sustainability, accessibility, and global literacy.

Please visit Legible.com and discover the place where eBooks come to life.

Readers are invited to visit Legible’s continually evolving curated Staff-Picks Bookshelf:https://legible.com/ca/list/staff-picks

Forward-Looking Information

Certain statements in this press release are forward-looking statements and are prospective in nature. Forward-looking ‎statements are not based on historical facts, but rather on current expectations and projections about future events, many ‎of which, by their nature, are inherently uncertain and outside of the Company’s control and are therefore subject to risks ‎and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the ‎forward-looking statements. In particular, this press release contains forward looking statements regarding the expected reduction of expenses as a result of employment terminations. These statements generally can be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative ‎thereof or similar variations. Those assumptions and factors are based on information currently available to the Company. Although management of the ‎Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as ‎anticipated, estimated or intended. Among the key factors that could cause actual results to differ materially from those ‎projected in the forward-looking information and statements are the following: changes in general economic, business and political conditions, ‎including changes in the financial markets; changes in applicable laws; ‎and the diversion of management time. Should one or more of these risks, uncertainties or ‎other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, ‎actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or ‎expected. There can be no assurance that such statements will prove to be accurate, as actual results and future events ‎could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-‎looking statements and forward-looking information. The forward-looking information contained in this release is made as of ‎the date hereof and the Company assumes no obligation to update or revise any forward-looking statements or forward-‎looking information that are incorporated by reference herein, whether as a result of new information, future events or ‎otherwise, except as required by applicable securities laws. The foregoing statements expressly qualify any forward-looking ‎information contained herein. All subsequent written and oral forward-looking information and statements attributable to the ‎Company or persons acting on its behalf is expressly qualified in its entirety by this notice.‎

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN UNITED STATES

Kaleeg Hainsworth
President and Chief Executive Officer

Phone: 1 (672) 514-2665
Email: invest@legible.com
Website: Legible.com
Investor Relations: Investors.Legible.com

TORONTO--(BUSINESS WIRE)--Leading sports betting information website Covers.com and Postmedia Network Inc (“Postmedia”) today announced a content partnership that combines the expertise of these two Canadian companies to offer enhanced insights for Canada’s growing audience of betting enthusiasts.

Postmedia’s audience of more than 17 million monthly unique visitors will gain access to expanded betting content from Covers.com that brings together expert insight, rich experience and a passionate community to help create smarter sports bettors. Content will be available across Postmedia news brands’ and complement Postmedia sports coverage and sports betting offerings.

“Our agreement with Covers is a great complement to our already strong sports coverage providing expert insights from the growing area of sports betting,” said Mary Anne Lavallee, EVP, COO and Interim CFO, Postmedia. “Postmedia is pleased to provide our broad and highly engaged audiences with in-depth insights as they explore this new area of sports entertainment, arising from the expected changes to legislation.”

Andrew Garven, Head of Marketing at Covers, said “We’re delighted to be joining forces with Postmedia and excited to work together to bridge the gap between traditional media and sports betting in Canada. With 27 years of experience in the industry, Covers has become a trusted resource for over 20 million users annually. Canadians can therefore have confidence that they will be receiving high-quality, refined and engaging content with one broad intention; to create smarter sports bettors.”

Postmedia’s wide, expansive and loyal sports community will benefit from expanded insights from Covers, who boast a roster of industry-leading analysts and a best-in-class offering for odds, picks and guides. Postmedia’s new sports betting newsletter, Closing Lines, launches this week, ahead of the expected launch of iGaming in Ontario on April 4. The growing category of licensed operators and marketers interested in the sports betting space can now reach a vast and engaged audience across Postmedia properties with opportunities for sponsorship, advertising and affiliate programs – in print and online.

About Postmedia Network Inc.

Postmedia Network Inc., a wholly owned subsidiary of Postmedia Network Canada Corp. (TSX:PNC.A, PNC.B), is a news media company representing more than 130 brands across multiple print, online, and mobile platforms. Award-winning journalists and innovative product development teams bring engaging content to millions of people every week whenever and wherever they want it. This exceptional content, reach and scope offer advertisers and marketers compelling solutions to effectively reach target audiences.

About Covers.com

Based in Halifax, Nova Scotia, Covers.com is the go-to source for sports betting information in North America. Trusted by 20 million users a year, the company has been going strong since 1995, building a team of experienced leaders and forging an integrity-led brand in an industry where that's not always the norm.

A global heavyweight with big ambitions and a shared commitment to people and culture, Covers continues to expand rapidly with the intention of bringing our expertise to more users than ever before.

Covers.com
Pete Watt
Public Relations Specialist
+1-44-(0)7827-332-741
pwatt@covers.com

Postmedia
Phyllise Gelfand
Vice President, Communications
(647) 273-9287
pgelfand@postmedia.com

TORONTO--(BUSINESS WIRE)--Postmedia Network Canada Corp. (“Postmedia” or “the Company”) today announced the closing of the previously announced agreement to purchase all of the issued and outstanding shares of Brunswick News Inc. (“BNI”). The acquisition includes BNI’s daily and weekly newspapers, digital properties and parcel delivery business from J. D. Irving, Limited.

“Today we welcome Brunswick News and its brands, audiences, partners and more than 400 team members into the Postmedia family,” said Andrew MacLeod, President and CEO, Postmedia. “With award-winning journalism and news brands that date back as far as 160 years, we look forward to supporting this tradition.”

The previously announced financing extension transaction is expected to close within the next two weeks.

About Postmedia Network Canada Corp.

Postmedia Network Canada Corp. (TSX:PNC.A, PNC.B) is the holding company that owns Postmedia Network Inc., a Canadian newsmedia company representing more than 130 brands across multiple print, online, and mobile platforms. Award-winning journalists and innovative product development teams bring engaging content to millions of people every week whenever and wherever they want it. This exceptional content, reach and scope offers advertisers and marketers compelling solutions to effectively reach target audiences. For more information, visit www.postmedia.com.

Forward-Looking Information

This news release contains certain information that is “forward-looking information” concerning anticipated future events, results, circumstances, performance or expectations with respect to the Company and its operations, including with respect to the closing of the proposed extension of Postmedia’s debt and future opportunities from the acquisition of BNI’s business. Forward-looking information includes statements that are predictive in nature, depend upon future events, trends, prospectus or conditions, or include words such as “believe,” “expect,” “intend,” “estimate,” “anticipate,” “may,” “will,” “could,” “would,” “should” and similar expressions and derivations thereof. Forward-looking information is based on underlying assumptions and management’s beliefs, estimates and opinions, and are subject to inherent risks and uncertainties (many of which are beyond Postmedia’s control) surrounding future expectations generally that may cause actual results to vary from plans, targets and estimates. These risks and uncertainties include, among others: the possibility that the proposed extension of debt will not close or that closing is delayed and the risks associated with the possible failure to realize the anticipated synergies in integrating the operations of BNI with the operations of Postmedia, as well as the various risk factors described in the section entitled “Risk Factors” contained in our annual management’s discussion and analysis for the years ended August 31, 2021 and 2020. Although the Company bases such information and statements on assumptions believed to be reasonable when made, they are not guarantees of future performance and actual results of operations, financial condition and liquidity, and developments in the industry in which the Company operates, may differ materially from any such information and statements in this press release. Given these risks and uncertainties, undue reliance should not be placed on any forward-looking information or forward-looking statements, which speak only as of the date of such information or statements. Other than as required by law, the Company does not undertake, and specifically declines, any obligation to update such information or statements or to publicly announce the results of any revisions to any such information or statements.

Media Contact
Phyllise Gelfand
Vice President, Communications
(647) 273-9287
pgelfand@postmedia.com

Investor Contact
Mary Anne Lavallee
Executive Vice President, Chief Operating Officer and Interim Chief Financial Officer
(416) 442-3448
mLavallee@postmedia.com

VANCOUVER, British Columbia--(BUSINESS WIRE)--$READ #cdntech--Legible Inc. (CSE: READ) (FSE: D0T) (OTC: LEBGF) ("Legible” or the “Company”) announces it has updated its investor presentation on its investor relations website at https://investors.legible.com and participation at the 8^th Annual AlphaNorth Capital Event hosted by Capital Event Management (CEM) on March 26, 2022.

Mr. Kaleeg Hainsworth, Legible CEO, is excited to be sharing Legible’s new investor presentation highlighting the positive business impact of Legible’s newly announced Legible Publishing Services, as well as examples of currently available Legible Living Books (multimedia), to attendees of the AlphaNorth Capital Event. Examples of Legible Living Books can be found on Legible.com.

The 8^th Annual AlphaNorth Capital Event hosted by Capital Events Management (CEM) introduces growth-stage companies (non-resource, technology, biotech, special situations) to active top-level capital finance individuals through a day of scheduled one-on-one meetings.

(Source: https://cem.ca/conference/alphanorth-capital-event/)

About Legible Inc.

Legible is a book entertainment and media company that has developed an online eBook marketplace called Legible.com, with an eBook reading system capable of showcasing next-generation book content, and a world-class digital conversion publishing service for creating multimedia eBooks and born-accessible eBook content.

Founded and led by a team of technologists, authors, eBook publishers, designers, and publishing industry insiders, Legible is transforming the eBook industry. With a mission to provide delightful eBook experiences to readers around the globe through any browser-enabled device, Legible is committed to providing delightful eReading to readers that value immersive entertainment experiences through beautifully constructed and content dynamic books, provided by a company that promotes sustainability, accessibility, and global literacy.

Please visit Legible.com and discover the place where eBooks come to life.

Readers are invited to visit Legible’s continually evolving curated Staff-Picks Bookshelf: https://legible.com/ca/list/staff-picks

Forward-Looking Information

Certain statements in this press release are forward-looking statements and are prospective in nature. Forward-looking ‎statements are not based on historical facts, but rather on current expectations and projections about future events, many ‎of which, by their nature, are inherently uncertain and outside of the Company’s control and are therefore subject to risks ‎and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the ‎forward-looking statements. These statements generally can be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative ‎thereof or similar variations. Those assumptions and factors are based on information currently available to the Company. Although management of the ‎Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as ‎anticipated, estimated or intended. Among the key factors that could cause actual results to differ materially from those ‎projected in the forward-looking information and statements are the following: changes in general economic, business and political conditions, ‎including changes in the financial markets; changes in applicable laws; ‎and the diversion of management time. Should one or more of these risks, uncertainties or ‎other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, ‎actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or ‎expected. There can be no assurance that such statements will prove to be accurate, as actual results and future events ‎could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-‎looking statements and forward-looking information. The forward-looking information contained in this release is made as of ‎the date hereof and the Company assumes no obligation to update or revise any forward-looking statements or forward-‎looking information that are incorporated by reference herein, whether as a result of new information, future events or ‎otherwise, except as required by applicable securities laws. The foregoing statements expressly qualify any forward-looking ‎information contained herein. All subsequent written and oral forward-looking information and statements attributable to the ‎Company or persons acting on its behalf is expressly qualified in its entirety by this notice.‎

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN UNITED STATES

Kaleeg Hainsworth
Chief Executive Officer

Daniela Trnka
Vice President Investor Relations

Legible Inc.
Phone: 1 (672) 514-2665
Email: invest@legible.com
Website: Legible.com
Investor Relations: investors.legible.com

VANCOUVER, British Columbia--(BUSINESS WIRE)--Legible Inc. (CSE: READ) (FSE: D0T) (OTC: LEBGF) ("Legible” or the “Company”), announced today that it has appointed KPMG LLP as auditor of Legible effective March 8, 2022. The resignation of Legible’s former auditor, Baker Tilly LLP, was accepted by the Company effective March 8, 2022.

About Legible Inc.

Legible is a book entertainment and media company that has developed an online eBook marketplace called Legible.com, with an eBook reading system capable of showcasing next-generation book content, and a world-class digital conversion publishing service for creating multimedia eBooks and born-accessible eBook content.

Founded and led by a team of technologists, authors, eBook publishers, designers, and publishing industry insiders, Legible is transforming the eBook industry. With a mission to provide delightful eBook experiences to readers around the globe through any browser-enabled device, Legible is committed to providing delightful eReading to readers that value immersive entertainment experiences through beautifully constructed and content dynamic books, provided by a company that promotes sustainability, accessibility, and global literacy.

Visit Legible.com and discover the place where eBooks come to life!

Readers are invited to visit Legible’s continually evolving curated Staff-Picks Bookshelf: https://legible.com/ca/list/staff-picks

Kaleeg Hainsworth
Chief Executive Officer

Daniela Trnka
Vice President of Investor Relations

Legible Inc.
Phone: 1 (672) 514-2665
Email: invest@legible.com
Website: Legible.com
Investor Relations: investors.legible.com

• Q4 2021 pro forma revenue was U.S. $7.5 million, an organic increase of 49% over Q4 2020
• 2021 annual pro forma revenue was U.S. $23.8 million, an organic increase of 91% over 2020
• Q4 2021 pro forma Adjusted EBITDA was U.S. $2.9 million, an organic increase of 23% over Q4 2020
• 2021 annual pro forma Adjusted EBITDA was U.S. $9.3 million, an organic increase of 119% over 2020

TORONTO--(BUSINESS WIRE)--#DigitalMedia--Playmaker Capital Inc. (TSX-V: PMKR; OTCQX: PMKRF) (“the Company” or “Playmaker”), the digital sports media company that delivers authentic content through its portfolio of sports media and technology brands, is pleased to report its financial results for the three months ended December 31, 2021 (“Q4 2021”) and for the full year of 2021.

“Our pro forma results for Q4 2021 and full year 2021 demonstrate the continued execution of our strategy. We are acquiring great companies and successfully integrating them to leverage the centres of excellence within each business for the benefit of the entire Playmaker ecosystem. Our audience numbers have grown dramatically. We are now generating over 200 million monthly sessions from more than 85 million unique users across Playmaker’s web properties, generating over 50 million monthly YouTube views and 550K monthly podcast streams, and reaching more than 100 million fans across all major social platforms. We have expanded our distribution channels to deliver relevant content to our fans when they want it, how they want it, and where they want it. Our organic growth has been phenomenal, and we have done it while maintaining a focus on profitability with a 119% increase in pro forma adjusted EBITDA year over year.” said Jordan Gnat, Founder and CEO of Playmaker.

FINANCIAL HIGHLIGHTS (Figures in USD)

• Revenue – Revenue was $7.0 million in Q4 2021, compared to $nil in Q4 2020.
• Operating Income – Operating income was $0.5 million in Q4 2021, compared to an operating loss of less than $0.1 million in Q4 2020.
• Pro Forma Revenue (including all acquisitions to date) – Revenue was $7.5M in Q4 2021, an increase of 49% from $5.0M in Q4 2020. For the twelve months ended December 31, 2021, pro forma revenue was $23.8M, an increase of 91% from $12.5M in the prior year.
• Pro Forma Adjusted EBITDA (including all acquisitions to date) – Adjusted EBITDA was $2.9M in Q4 2021, an increase of 23% from $2.4M in Q4 2020. For the twelve months ended December 31, 2021, pro forma adjusted EBITDA was $9.3M, an increase of 119% from $4.2M in the prior year.
• Cash and Cash Equivalents – Cash and cash equivalents were $7.1 million at December 31, 2021 compared to $6.6 million at December 31, 2020.

OPERATIONAL HIGHLIGHTS

• Playmaker added to its collection of premier sports media brands through the acquisitions of Futbol Sites, Fanáticos, Yardbarker, Two-Up, SoccerMemes, VarskySports, TNN, Super Poker, Cracks and Futmarketing.
• Playmaker achieved its highest rankings by Comscore for total web visits in the month of December 2021, ranking as the #6 digital sports media group across the Americas and the #1 regional sports media group across all of Latin America.
• Playmaker achieved record engagement metrics in Q4 2021 across its owned and operated web properties, reaching more than 85 million monthly unique users and generating more than 462 million sessions, representing a 50%+ increase over Q4 2020.
• Successful migration of Yardbarker’s web monetization to Playmaker Bench, Playmaker’s in-house monetization tech stack; commenced migration of TNN web properties to Playmaker Bench; Futbol Sites and TNN launched content syndication with major news outlets with support of Playmaker’s syndication centre of excellence.
• The Morning Bark, Yardbarker’s daily email newsletter, increased its subscriber base to more than 370K.
• TNN’s podcast network achieved a monthly record of 550K streams in Q4 2021.
• Playmaker brand Cracks generated more than 600 million views on YouTube in 2021.
• Playmaker properties reached more than 100 million social media followers across all major platforms including Facebook, Twitter, TikTok, Instagram, YouTube and Twitch.

CONFERENCE CALL

The Company will host a management conference call to discuss its Q4 and full year financial results on March 21, 2022 at 8:30 a.m. (Eastern Time). Hosting the call will be Jordan Gnat, Chief Executive Officer; Jake Cassaday, Chief Operating Officer; and Mike Cooke, Chief Financial Officer.

To participate in the conference call, please dial-in using one of the following numbers approximately five minutes prior to commencement and ask to join the Playmaker call:

Dial-In Number (Toll Free): 1-844-707-6933

Dial-In Number (International): 1-412-317-5796

A replay of the Conference Call will be made available at playmaker.fans/investors.

To sign up for Playmaker Investor Alerts, visit: PMKR Investor Alerts.

TSX VENTURE EXCHANGE DISCLAIMER
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

NON-IFRS MEASURES
Some of the information presented in this press release includes non-IFRS financial measures, including, “EBITDA”, “Adjusted EBITDA”, and metrics that are presented on a pro forma basis. These measures are not recognized measures under IFRS and do not have standardized meanings prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement IFRS measures by providing further understanding of the Company’s results of operations from management’s perspective. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of the Company’s financial information reported under IFRS. “Adjusted EBITDA” is defined as earnings before interest, taxes, depreciation and amortization of our operating segments, excluding the head office costs incurred by our corporate segment.

FORWARD LOOKING STATEMENTS

This press release may contain forward-looking information within the meaning of applicable securities legislation, which reflects Playmaker’s current expectations regarding future events. The words “will”, “expects”, “anticipates”, “believes”, “plans”, “intends” and similar expressions are often intended to identify forward-looking information, although not all forward-looking information contains these identifying words. Specific forward-looking information contained in this press release includes, but is not limited to, statements relating to the future performance or achievements of Playmaker and the Futbol Sites, Yardbarker, Two-Up, TNN, Super Poker, VarskySports, Cracks and Futmarketing transactions, including their continued expansion and growth, and other statements that are not historical facts. Forward-looking information is based on a number of assumptions and is subject to a number of risks and uncertainties, many of which are beyond Playmaker’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include, but are not limited to: changes in general economic, business and political conditions. Playmaker undertakes no obligation to update such forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

ABOUT PLAYMAKER
Playmaker Capital Inc. (TSX-V: PMKR) is a digital sports media company that lives at the intersection of sports, betting, media and technology. Playmaker is building a premier collection of sports media brands, curated to deliver highly engaged audiences of sports fans to sports betting companies, leagues, teams and advertisers.

Playmaker reports in U.S. dollars, except where noted otherwise, and in accordance with International Financial Reporting Standards (“IFRS”).

For more information, visit: http://www.playmaker.fans or contact Playmaker Chief Executive Officer Jordan Gnat via email jgnat@playmaker.fans.

MEDIA
Tom Webb - E: tom@redknotcomms.com | T: (+1) 512 952 9369
Romilly Evans - E: rom@redknotcomms.com | T: (+44) 7766 752 274

• Adding an Immediate Additional Source of Revenue
• Fulfilling Strong Demand for Comprehensive Web 3.0 eBook Conversion Solutions
• A Significant Growth Driver for Legible’s eBook Entertainment Platform, Legible.com

VANCOUVER, British Columbia--(BUSINESS WIRE)--$READ #cdntech--Legible Inc. (CSE: READ) (FSE: D0T) (OTC: LEBGF) ("Legible” or the “Company”) is pleased to announce the launch of a world-class eBook digital conversion service, branded as Legible Publishing Services. This service is now creating and producing “born-accessible” as well as leading-edge multimedia and immersive eBooks for the global publishing industry.

On a fee for service basis, publishers and publishing organizations are now able to contract with Legible Publishing Services to access the Company’s conversion services for their entire eBook catalogues across multiple languages. The end-product delivered will be beautiful digital book assets which are optimized for accessibility to the billion-strong reading disabilities market. By offering this service, over and above being an eBook Entertainment company, Legible has also become a production house delivering video, animation and augmented reality (AR) for Web 3.0 multi-media integrated and immersive eBooks, which are the future of digital publishing.

In publishing, "Born-accessible" refers to building an eBook that is also fully accessible to the reading disabled community which globally represents over a billion people (not including people associated with the community), rather than only remediating and updating eBooks post-production to make them accessible. Born-accessible content is designed to meet the needs of all readers and helps eBook purchasers to procure content that works for them – no matter their ability level.

Publishers and authors still face considerable challenges both in converting their backlist of book catalogues to the eBook format in general, and in making them accessible to all people with reading disabilities. Legible is already working with large publishers and high-profile authors who do not yet have their catalogues of book titles prepared for digital distribution, and who do not have the in-house expertise, or production team, to offer their titles as media-rich, immersive and fully accessible ebooks.

“Legible’s reading system is capable of showcasing book content for the Web 3.0,” stated Kaleeg Hainsworth, CEO and President of Legible, “and Legible Publishing Services is creating the born-accessible, compelling, immersive, and original content for that reading system. A world-class eBook conversion service will not only generate significant top-line revenue but also immediate cash flow. Legible.com currently has 14,000 platform users with over 10,000 new users having signed up since January 1st. Awareness and conversion marketing campaigns are currently underway, and the addition of our unique publishing services will accelerate our ability to scale our growth on Legible.com.”

Legible is proud to have already secured contracts with three of the top five global publishing houses and hundreds of publishers internationally so that our users will have access to over a million titles. Legible is currently ramping up its marketing and sales efforts, and as previously news released will be presenting on the future of digital publishing at the upcoming 2022 London Book Fair taking place April 5th-7th. “Accessible, shareable, delightful, and made by book lovers for book lovers, Legible is transforming the publishing and reading experience, and now transforming the publishing services industry as well,” added Hainsworth.

Legible will be releasing these next-generation, mobile-inclusive books by well-known authors, publishers, and global organizations in the coming weeks and months.

About Legible Inc.

Legible is a book entertainment and media company that has developed an online eBook marketplace called Legible.com, with an eBook reading system capable of showcasing next-generation book content, and a world-class digital conversion publishing service for creating multimedia eBooks and born-accessible eBook content.

Founded and led by a team of technologists, authors, eBook publishers, designers, and publishing industry insiders, Legible is transforming the eBook industry. With a mission to provide delightful eBook experiences to readers around the globe through any browser-enabled device, Legible is committed to providing delightful eReading to readers that value immersive entertainment experiences through beautifully constructed and content dynamic books, provided by a company that promotes sustainability, accessibility, and global literacy.

Please visit Legible.com and discover the place where eBooks come to life.

Readers are invited to visit Legible’s continually evolving curated Staff-Picks Bookshelf: https://legible.com/ca/list/staff-picks

Forward-Looking Information

Certain statements in this press release are forward-looking statements and are prospective in nature. Forward-looking ‎statements are not based on historical facts, but rather on current expectations and projections about future events, many ‎of which, by their nature, are inherently uncertain and outside of the Company’s control and are therefore subject to risks ‎and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the ‎forward-looking statements. These statements generally can be identified by the use of forward-looking words such as “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative ‎thereof or similar variations. These statements include forward looking statements regarding new revenue sources and growth plans for the Company. Those assumptions and factors are based on information currently available to the Company. Although management of the ‎Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as ‎anticipated, estimated or intended. Among the key factors that could cause actual results to differ materially from those ‎projected in the forward-looking information and statements are the following: changes in general economic, business and political conditions, ‎including changes in the financial markets; changes in applicable laws; ‎and the diversion of management time. Should one or more of these risks, uncertainties or ‎other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, ‎actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or ‎expected. There can be no assurance that such statements will prove to be accurate, as actual results and future events ‎could differ materially from those anticipated in such statements. Readers should not place undue reliance on forward-‎looking statements and forward-looking information. The forward-looking information contained in this release is made as of ‎the date hereof and the Company assumes no obligation to update or revise any forward-looking statements or forward-‎looking information that are incorporated by reference herein, whether as a result of new information, future events or ‎otherwise, except as required by applicable securities laws. The foregoing statements expressly qualify any forward-looking ‎information contained herein. All subsequent written and oral forward-looking information and statements attributable to the ‎Company or persons acting on its behalf is expressly qualified in its entirety by this notice.‎

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN UNITED STATES

Kaleeg Hainsworth
Chief Executive Officer

Laura Brady
Head of Accessibility

Daniela Trnka
Vice President Investor Relations

Legible Inc.
Phone: 1 (672) 514-2665
Email: invest@legible.com
Website: Legible.com
Investor Relations: investors.legible.com

Experienced mobile gaming leader will drive FunPlus’ partnerships, with a focus on North America

ZURICH--(BUSINESS WIRE)--FunPlus, a leading independent mobile game developer and publisher, today announced that it has recruited mobile gaming expert Josh Burns as its Sr Director, Business Development for North America. Thanks to his extensive industry experience, Josh will support the FunPlus brand in helping drive revenue and distribution growth through key partnerships, including platform and IP partnerships.

“Josh’s experience and knowledge of the North American market will be invaluable to us and open the doors to many upcoming opportunities and collaborations where we can develop the FunPlus brand and products of the future,” said Bob Slinn, Vice President of Business Development, FunPlus. “FunPlus’ ambition is to continue to work with the top companies in the mobile and gaming industry in North America, giving us precedence in California and other locations close to the HQ of key platform and IP partners. We’re delighted to have Josh spearheading that work at the company.”

Prior to joining FunPlus, Burns was the founder of DigitalDevConnect, partnering with leading companies in the mobile and gaming space around the world including Zynga, Ludia, Viber, Chukong Technologies and countless others to help grow their partnerships and other key business areas. Burns also served as co-founder of the US office and product management team at 6waves, where he managed and launched over 100+ apps from top developers such as Kabam, Nexon & Atari and games based on top IPs from Disney, Dungeons & Dragons, Starz and the BBC. As well, he worked at Electronic Arts in EA’s Pogo.com division, focusing on product management, customer insights, analytics and new platform strategy.

Find a link to assets here. For more information on FunPlus, visit http://www.FunPlus.com.

About FunPlus

Founded in 2010, FunPlus is a world-class, independent game developer and publisher headquartered in Switzerland and with operations in China, Japan, Singapore, Spain, Sweden, Russia, and the United States. As an organization that fosters the best creative and diverse talent in the world, and employs nearly 2,000 people, the company has developed and published games that have ranked in the #1 spot in nearly 70 countries, including State of Survival, King of Avalon and Guns of Glory. FunPlus studios include KingsGroup, Puzala, Seven Games and Imagendary Studios, each with a focus on developing a unique brand of innovative games for global audiences. FunPlus is the founder of FPX (FunPlus Phoenix), one of the world's most successful esports organizations, and the 2019 League of Legends World Champions. Visit www.funplus.com to find out more.

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42West/BHI
Jamie King
jamie_king@bhimpact.com