Monthly Archives: December 2019

FINAL DEADLINE IMMINENT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Plantronics, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 26, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Plantronics, Inc. ("Plantronics" or "the Company") (NYSE:PLT) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between July 2, 2018 and November 5, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before January 13, 2020.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Plantronics engaged in channel stuffing to artificially increase its sales figures. The Company failed to maintain appropriate internal controls on inventory. Plantronics failed to monitor inventory levels before the introduction of new product models which would lower demand for older stock. Based on these facts, the Company's public statements throughout the class period were false and materially misleading. When the market learned the truth about Plantronics, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 571405

SHAREHOLDER ALERT: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Merit Medical Systems, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 26, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Merit Medical Systems, Inc. ("Merit Medical" or "the Company") (NASDAQ:MMSI) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between February 26, 2019 and October 30, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before February 3, 2020.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Merit Medical's integration of Cianna and Vascular Insights were months behind schedule, suffering from operational disruptions and reduced sales. The acquired companies had filled their pipeline before the merger to the extent that 2019 sales slowed substantially. The Company's financial guidance for 2019 and 2020 did not have a solid basis in fact due to these problems. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Merit Medical, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 571404

China Finance Online Co., Ltd. To Host Earnings Call

NEW YORK, NY / ACCESSWIRE / December 26, 2019 / China Finance Online Co., Ltd. (NASDAQ:JRJC) will be discussing their earnings results in their 2019 Third Quarter Earnings to be held on December 26, 2019 at 8:00 PM Eastern Time.

To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/event/presentation/57036

To receive updates for this company you can register by emailing info@investornetwork.com or by clicking get investment info from the company's profile.

About Investor Network

Investor Network (IN) is a financial content community, serving millions of unique investors market information, earnings, commentary and news on the what's trending. Dedicated to both the professional and the average traders, IN offers timely, trusted and relevant financial information for virtually every investor. IN is an Issuer Direct brand, to learn more or for the latest financial news and market information, visit www.investornetwork.com. Follow us on Twitter @investornetwork.

SOURCE: Investor Network

ReleaseID: 571368

JANUARY 6 DEADLINE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Quad/Graphics, Inc. and Encourages Investors with Losses in Excess of $250,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 26, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Quad/Graphics, Inc. ("Quad" or "the Company") (NYSE:QUAD) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between February 21, 2018 and October 29, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before January 6, 2020.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Quad's book business in the United States was performing poorly. Due to these performance issues, the Company was likely to divest this business. In general, the Company was vulnerable to the market price lowering. The Company was likely to reduce dividends and implement other cost-cutting measures as market prices lowered. Based on these facts, the Company's public statements were false and materially misleading. When the market learned the truth about Quad, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 571402

JANUARY 6 DEADLINE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Tandy Leather Factory, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 26, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Tandy Leather Factory, Inc. ("Tandy" or "the Company") (NASDAQ:TLF) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between March 7, 2018 and August 15, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before January 6, 2020.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Tandy improperly valued and expensed certain inventory. As a result, the Company misstated its financial results for certain periods. The Company suffered from a material weakness in its internal controls on financial reporting. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Tandy, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 571401

JANUARY 6 DEADLINE: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Under Armour, Inc. and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / December 26, 2019 / The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Under Armour, Inc. ("Under Armour" or "the Company") (NYSE:UA,UAA) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission."

Investors who purchased the Company's securities between August 3, 2016 and November 1, 2019, inclusive (the ''Class Period''), are encouraged to contact the firm before January 6, 2020.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 424-303-1964, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Under Armour shifted sales between quarters to give its sales the appearance of robust health and to remain consistent with its history of achieving 20% year-over-year revenue growth. The Company was being investigated by both the SEC and DOJ and cooperating with the investigation since at least July 2017. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Under Armour, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
Cell: 424-303-1964
info@schallfirm.com

SOURCE: The Schall Law Firm

ReleaseID: 571400

Blonder Tongue Promotes Edward R. “Ted” Grauch to Chief Executive Officer – Retains Role as President

OLD BRIDGE, NJ / ACCESSWIRE / December 26, 2019 / Blonder Tongue Laboratories, Inc. (NYSE American:BDR) (the "Company") announced that the Company's Board of Directors has promoted Edward R. "Ted" Grauch to Chief Executive Officer of the Company, effective January 1, 2020. Mr. Grauch will also retain his existing title of President.

Ted will maintain his focus on developing the Company's product strategy, sales, marketing, and technology activities, while also assuming overall management responsibility for the Company's day-to-day activities. The heads of each of the Company's four departments (sales & marketing, engineering, manufacturing and finance) will be reporting directly to Ted.

Ted joined the Company in October 2018 as Chief Operating Officer and served in that role until June 2019, at which time he was promoted to the role of President. During the intervening months since becoming President, Ted and Bob Pallé, the Company's current CEO, have worked together to develop the transition plan.

Immediately prior to joining Blonder Tongue, Ted served as President of Kaonmedia USA, Inc., the U.S. subsidiary of South Korea-based Kaonmedia Co., Ltd., one of the world's largest Set-Top and Broadband device manufacturer, where his responsibilities included all management, finance, technology marketing and differentiation, competing within the North American market as a major electronics supplier.

Commenting on Ted's promotion, Steve Shea, Chairman of the Board, said "Ted's promotion to Chief Executive Officer is consistent with our succession plan, which anticipated Ted's assumption of that additional role at the beginning of 2020 and reflects his significant contributions and the Company's continuing transition into a Tier 1/Tier 2 Service Operator-focused technology company."

Mr. Grauch commented "Blonder Tongue, which has faced and overcome many challenges over the past several years, has developed the potential to capture market share and grow its business with a number of new products that have been brought to market during 2019. The Company's NeXgen Gateway product platform and several other key product lines have created a higher level of competitiveness for the Company and will be important and growing revenue producers for the foreseeable future. I am also optimistic regarding additional products that we now have under development, which we plan to introduce during 2020."

The Company anticipates that Mr. Pallé will assume an ongoing role that will allow the Company to continue to benefit from his significant product knowledge and key customer and supplier relationships. He also will continue to serve on the Board of Directors following this transition.

About Blonder Tongue

Blonder Tongue Laboratories, Inc. is the oldest designer and manufacturer of cable television video transmission technology in the USA. The majority of our products continue to be designed and built in our state-of-the-art New Jersey facility for over 50 years. The Company offers U.S. based engineering and manufacturing excellence with an industry reputation for delivering ultra-high reliability products. As a leader in cable television system design, the Company provides service operators and systems integrators with comprehensive solutions for the management and distribution of digital video, IPTV and high-speed data services, as well as RF broadband distribution over fiber, IP, and Coax networks for homes and businesses. Additional information on the Company and its products can be found at www.blondertongue.com.

"Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: The information set forth above includes "forward-looking" statements and accordingly, the cautionary statements contained in Blonder Tongue's Annual Report and Form 10-K for the year ended December 31, 2018. (See Item 1: Business, Item 1A: Risk Factors, Item 3: Legal Proceedings and Item 7: Management's Discussion and Analysis of Financial Condition and Results of Operations), and other filings with the Securities and Exchange Commission are incorporated herein by reference. The words "believe", "expect", "anticipate", "project", "target", "intend", "plan", "seek", "estimate", "endeavor", "should", "could", "may" and similar expressions are intended to identify forward-looking statements. In addition, any statements that refer to projections for our future financial performance, our anticipated growth trends in our business and other characterizations of future events or circumstances are forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. Blonder Tongue undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. Blonder Tongue's actual results may differ from the anticipated results or other expectations expressed in Blonder Tongue's "forward-looking" statements.

Contacts

Eric Skolnik
Chief Financial Officer
eskolnik@blondertongue.com
(732) 679-4000

Robert J. Pallé

Chief Executive Officer
bpalle@blondertongue.com
(732) 679-4000

Ted Grauch
President & Chief Operating Officer
tgrauch@blondertongue.com
(732) 679-4000

SOURCE: Blonder Tongue Laboratories, Inc.

ReleaseID: 571372

CLASS ACTION UPDATE for TWTR, TIGR and FCAU: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / December 26, 2019 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at the links provided. There is no cost or obligation to you.

TWTR Shareholders Click Here: https://www.zlk.com/pslra-1/twitter-inc-loss-form?prid=5057&wire=1
TIGR Shareholders Click Here: https://www.zlk.com/pslra-1/up-fintech-holding-limited-loss-form?prid=5057&wire=1
FCAU Shareholders Click Here: https://www.zlk.com/pslra-1/fiat-chrysler-automobiles-n-v-loss-form?prid=5057&wire=1

* ADDITIONAL INFORMATION BELOW *

Twitter, Inc. (NYSE:TWTR)

TWTR Lawsuit on behalf of: investors who purchased August 6, 2019 – October 23, 2019
Lead Plaintiff Deadline: December 30, 2019
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/twitter-inc-loss-form?prid=5057&wire=1

The filed complaint alleges that defendants engaged in a scheme to deceive the market and a course of conduct that artificially inflated Twitter's common share price and operated as a fraud or deceit on purchasers of Twitter common stock by misrepresenting the Company's operating condition and future business prospects. The scheme was perpetrated by making positive statements about Twitter's business while defendants knew, or disregarded with deliberate recklessness, certain adverse facts. When defendants' prior misrepresentations were disclosed and became apparent to the market, the price of Twitter's common stock fell precipitously.

UP Fintech Holding Limited (NASDAQ:TIGR)

TIGR Lawsuit on behalf of: investors who purchased all persons and entities that purchased or otherwise acquired: (a) Fintech American Depository Shares pursuant and/or traceable to the Company's initial public offering conducted on or about March 20, 2019; or (b) Fintech securities between March 20, 2019 and May 16, 2019.
Lead Plaintiff Deadline: January 6, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/up-fintech-holding-limited-loss-form?prid=5057&wire=1

According to the filed complaint, (i) Fintech was experiencing a material decrease in commissions because of a negative trend related to risk-averse investors in the market; (ii) Fintech was unable to absorb costs associated with the rapid growth of its business and its status as a publicly listed company on a U.S. exchange; (iii) Fintech was incurring significant additional expenses related to, inter alia, employee headcount and employee compensation and benefits; (iv) all of the foregoing had led to Fintech significantly increasing operating costs and expenses; and (v) as a result, the documents filed by the Company in connection with the initial public offering were materially false and/or misleading and failed to state information required to be stated therein, and the Company's Class Period statements were likewise materially false and/or misleading.

Fiat Chrysler Automobiles N.V. (NYSE:FCAU)

FCAU Lawsuit on behalf of: investors who purchased February 26, 2016 – November 20, 2019
Lead Plaintiff Deadline: January 31, 2020
TO LEARN MORE, VISIT: https://www.zlk.com/pslra-1/fiat-chrysler-automobiles-n-v-loss-form?prid=5057&wire=1

According to the filed complaint, during the class period, Fiat Chrysler Automobiles N.V. made materially false and/or misleading statements and/or failed to disclose that: (1) the Company employed a bribery scheme to obtain favorable terms in its collective bargaining agreement with United Automobile, Aerospace and Agricultural Implement Workers of America; (2) high-ranking Fiat officials were aware of and authorized the scheme; and (3) as a result, Defendants' statements about Fiat's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis at all relevant times.

You have until the lead plaintiff deadlines to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm's attorneys have extensive expertise and experience representing investors in securities litigation and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 571387

Harris Kreichman Awarded Certified Association of National Advertisers (ANA) Marketing Professional Designation

POMPANO BEACH, FL / ACCESSWIRE / December 26, 2019 / Harris was awarded the certification after completing the Certified Association of National Advertisers Marketing Professional (CAMP) program, which is a rigorous, 35-hour online certification program. The CAMP program offers tips, tutorials and teaches about industry standards on everything related to marketing, from brand strategy, to marketing implementation across digital, direct, and analytic applications.

Only top advertising professionals qualify to earn the certification and Harris was among the elite marketers who have the knowledge and experience to complete the program as well as passing the certification assessment. With over 20 years of industry experience, Harris is a digital and direct marketing professional who is committed to staying on top of today's digital marketing strategies and teaches clients across all industries how to implement successful email and digital marketing campaigns.

By working with Harris Kreichman and eTargetMedia, brands are assured that they are working with a leader in the industry who is committed to offering their clients the very best in marketing and advertising solutions.

Learn more at https://www.etargetmedia.com.

CONTACT:

Caroline Hunter
Web Presence, LLC
+1 7862338220

SOURCE: Web Presence, LLC

ReleaseID: 571382

Newgioco Announces Listing of Shares on The Nasdaq Stock Exchange

NEW YORK, NY / ACCESSWIRE / December 26, 2019 / Newgioco Group, Inc. ("Newgioco" or the "Company") (OTCQB:NWGI), a global sports betting and gaming technology company providing fully integrated software solutions to online and land-based sports betting and leisure gaming operators, is pleased to announce that its common stock will begin trading on the NASDAQ Capital Market effective with the opening of trading on December 27, 2019. The Company's common stock will continue to trade under the symbol "NWGID" until January 13, 2020 after which the symbol will be "NWGI".

The Company is one of the leaders in the tightly regulated Italian leisure betting market, operating a robust retail network of approximately 2,300 betting locations throughout Italy, and owns a highly differentiated proprietary betting technology platform colloquially known as Elys Gameboard ("Elys"). Elys, built from the ground-up on the latest Microsoft.Net Core framework, is a highly scalable and customisable omnichannel sportsbook engine designed to cope with the demands of today's betting operators and players. The Elys architecture allows management of bet risk of each transaction through online (PC and mobile) channels and at each land-based location from which a bet is placed and is intended to address the independent operator's ability to effectively compete against larger and more established franchise operators. With the repeal of the Professional and Amateur Sports Protection Act of 1992, the Company believes the United States market represents a large addressable market opportunity for its Elys betting platform.

"The listing of our common stock on the Nasdaq is a major milestone for the company and the result of approximately twenty years of dedicated business development in the regulated leisure betting industry. We believe that listing on the Nasdaq should broaden our shareholder base by attracting new investors, enhance Newgioco's visibility in the marketplace and liquidity of our stock, and ultimately, build long-term shareholder value," stated Michele (Mike) Ciavarella, Newgioco Chief Executive Officer. "I would like to extend our heartfelt appreciation to our legal teams at Gracin & Marlow, LLP and Beard Winter, LLP, that got behind our committed management and current board, for truly helping to make Newgioco a member of this prestigious, and globally trusted stock exchange."

About Newgioco Group, Inc.

Newgioco Group, Inc., is a global leisure gaming technology company, with fully licensed online and land-based gaming operations and innovative betting technology platforms that provide bet processing for casinos and other gaming operators. The Company conducts its business under the registered brand Newgioco primarily through its internet-based betting distribution network on its website, www.newgioco.it as well as in retail neighborhood betting shops throughout Italy.

Newgioco offers clients a full suite of leisure gaming products and services, such as sports betting, virtual sports, online casino, poker, bingo, interactive games, and slots. Newgioco also owns and operates innovative betting platform software providing both B2B and B2C bet processing for casinos, sports betting and other online and land-based gaming operators. Additional information is available on our corporate website at www.newgiocogroup.com.

Investors may also find us on Facebook® and follow us on Twitter @NWGI_gaming.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements and includes statements regarding the Elys betting platform being able to cope with the demands of today's betting operators and players, the Elys architecture addressing the independent operator's ability to effectively compete against larger and more established franchise operators, the United States market representing a large addressable market opportunity for its Elys betting platform, and listing on the Nasdaq broadening our shareholder base by attracting new investors, enhancing Newgioco's visibility in the marketplace and liquidity of our stock, and ultimately, building long-term shareholder value. These forward-looking statements are based on management's expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include the ability of the Elys betting platform to cope with the demands of today's betting operators and players, the ability of the Elys architecture to address the independent operator's ability to effectively compete against larger and more established franchise operators, our ability to expand into the United States market with our betting platform, our ability to broaden our shareholder base by attracting new investors, enhancing Newgioco's visibility in the marketplace and liquidity of our stock, and building long-term shareholder value, and the risk factors described in Newgioco's Annual Report on Form 10-K for the year ended December 31, 2018 and our subsequent filings with the U.S. Securities and Exchange Commission, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events, except as required by law.

For further information, please contact:

Newgioco Group, Inc.
Michele Ciavarella, Chief Executive Officer
investor@newgiocogroup.com

SOURCE: Newgioco Group, Inc.

ReleaseID: 571383