SOURCE: CMG Holdings, Inc

September 29, 2014 09:00 ET

CMG Holdings Inc. eSports Subsidiary, Good Gaming Strengthens Leadership Team

Interactive Gaming and Advertising Industry Veteran Justin Townsend Joins GOOD GAMING Board as Non-Executive Director

CHICAGO, IL--(Marketwired - Sep 29, 2014) - CMG Holdings Inc. (OTCQB: CMGO), Chairman Glenn Laken of GOOD GAMING Inc., the innovative eLearning and social networking platform for eSports gamers, today announced that start-up executive and former Co-Founder, CEO and Chairman of IGA Worldwide, Justin Townsend has joined the GOOD GAMING board as a non-executive director.

Recognized as a transformational leader in the digital and video gaming media space, Mr. Townsend is a prolific media technology innovator with decades of marketing and business development experience, and has held senior roles at a variety of global digital and media organizations both in Europe and the U.S.

Previous to joining GOOD GAMING, Mr. Townsend founded IGA Worldwide, building it into the global leader in 360-degree in-game advertising solutions. Recognized as a "Breakout Company of the Year" and "Top 100 Private Company" in the media and entertainment sectors, IGA Worldwide enabled advertisers to target millions of highly engaged consumers playing games across a wide range of gaming genres and platforms including PC, console and mobile. IGA Worldwide was selected by Sony Computer Entertainment as the first in-game advertising provider for the PLAYSTATION®3 and partnered globally with the leading game companies worldwide including Electronic Arts, Activision, Valve, Sega, Atari and Codemasters, building a unique audience reach of over 30 Million consumers.

"As a core enthusiast gamer myself, I'm excited to join the leadership team and capitalize on GOOD GAMING's opportunity to lead eSports gaming in an exciting new direction," said Justin Townsend. "I truly believe that we are on the cusp of an explosive growth trajectory in eSports participation, and GOOD GAMING adds tremendous value by making those gaming experience better for players."

Currently in beta testing, GOOD GAMING provides the tools, resources and community networking framework today's eSports gamer needs to go from an aspiring amateur to eSports Champion. As the newest member of the growing GOOD GAMING executive team, Mr. Townsend will strengthen the board and management team by spearheading cross-media innovation and business development relationships with key industry partners. Mr. Townsend will report directly to GOOD GAMING Chairman Glenn Laken.

"Justin adds high caliber leadership and depth to GOOD GAMING's growing leadership team," commented Mr. Laken. "His experience in building cross-media platforms and profitable business partnerships in the games sector, combined with his wealth of knowledge in eSports gaming will help GOOD GAMING realize its growth potential."

About Good Gaming
"Where Amateurs Become Pros!" A subsidiary of CMG Holdings, a multi-media company, GOOD GAMING empowers a new generation of eSports gamers to Game Better. Built by the community, for the community, GOOD GAMING connects gamers with other like-minded enthusiasts, enriching their gaming experience and providing the eLearning resources necessary to go from amateur to eSports Pro. For more information, go to www.good-gaming.com.

Contact Information

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