Imperus Technologies Corp.
TSX VENTURE : LAB
FRANKFURT : ISX

Imperus Technologies Corp.

September 16, 2015 08:02 ET

Imperus Announces the Appointment of James Lanthier as CEO

TORONTO, ONTARIO--(Marketwired - Sept. 16, 2015) - Imperus Technologies Corp. ("Imperus" or the "Company") (TSX VENTURE:LAB) (FRANKFURT:ISX) (FRANKFURT WKN:A12B58), a leading developer and operator of social casino games, is pleased to announce the appointment of James Lanthier as Chief Executive Officer and Director of Imperus, effective immediately.

Mr. Lanthier is a seasoned public company executive with a significant track record in finance and mergers and acquisitions as well as in growing gaming businesses. Mr. Lanthier has been the Chief Executive Officer of RAM Equity, a private equity partnership focused on technology and media, since 2014. Previously, Mr. Lanthier co-founded FUN Technologies Inc., a leading operator of skill-based games and tournaments. FUN Technologies was acquired by Liberty Media Corporation in 2007. More recently, Mr. Lanthier was the Chief Operating Officer of Mood Media Corporation, the world's largest integrated provider of in-store customer experience solutions, from 2008 to 2013. Mr. Lanthier is currently a Director of Mood Media Corporation and NYX Gaming Group Limited.

"The opportunity that lies ahead for Imperus is enormous," said James. "Imperus has a strong position in what is one of the most desirable intersections of technology and entertainment: Social casino gaming. Imperus will now focus exclusively on the social casino market opportunity. Our goal is to build on the momentum within our existing business as well as our recently announced acquisition, Akamon, while we continue to seek out complementary assets that can help us grow in geographic markets, channels, and content. I am excited to work with Daniel Kajouie, Imperus' founder, and am pleased that he has agreed to continue to guide the Company's business development efforts. We look forward to making further announcements about Imperus, including changes to the board of directors, in the coming weeks".

Daniel Kajouie commented "I am pleased to welcome James to the Imperus family as our CEO. James has had a tremendous track record in the industry and I am confident that his appointment as CEO will bolster our management team as we endeavor to expand Imperus to new heights". Daniel Kajouie went on to say "we are very fortunate with the opportunities available to Imperus today and we intend to aggressively pursue them. As the founder of Imperus, I am encouraged by the steps the Company has taken in order to achieve our short and long term objectives. I look forward to working with James as Vice-Chairman of the board of Imperus".

In connection with the appointment of the new CEO, Imperus has granted a total of 2,000,000 stock options under its stock option plan to Mr. Lanthier. All stock options vest immediately. All options are exercisable at a price of $0.225 per option for a period of five years from the date hereof. This grant of options is subject to acceptance of the TSX Venture Exchange.

About Imperus

Imperus Technologies Corp., the parent company of Diwip, is a developer of social and mobile gaming for PC, Mac, iOS and Android platforms. Diwip designs, develops and distributes its top ranked social casino-themed games within online social networks (such as Facebook) and mobile platforms (such as Android or iPhone). All of Diwip's games are free to play and generate revenue primarily through the in-game sale of virtual coins.

Caution Regarding Forward-Looking Information:

Certain statements in this press release may constitute "forward looking statements" which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. When used in this press release, such statements may use such words as "may'', "will'', "expect'', "believe'', "plan'' and other similar terminology. These statements include, but are not limited to, the appointment of officers or directors; and the Company growing its business and completing acquisitions. These statements reflect management's current expectations regarding future events and operating performance and speak only as of the date of this press release. The forward looking statements involve a number of risks and uncertainties. These risks and uncertainties include, but are not limited to, the ability of the company to finance the Acquisition and enter into definitive documentation, regulatory requirements, general economic, market or business conditions and future developments in the sectors of the economy in which the business of Imperus or the Acquisition target operates. The foregoing list of factors is not exhaustive. Please see the Company's short form prospectus dated March 27, 2015, the Company's Annual Information Form dated December 6, 2014 and other documents available on www.sedar.com, for a more detailed description of the risk factors. The Company undertakes no obligation to update publicly or revise any forward looking statements, whether a result of new information, future results or otherwise, except as required by law.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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