Imperus Technologies Corp.
TSX VENTURE : LAB
FRANKFURT : ISX

Imperus Technologies Corp.

October 05, 2015 08:00 ET

Imperus Technologies Announces Beginning of Board of Director Renewal

TORONTO, ONTARIO--(Marketwired - Oct. 5, 2015) - IMPERUS Technologies Corp. ("Imperus" or the "Company") (TSX VENTURE:LAB)(FRANKFURT:ISX)(FRANKFURT WKN:A12B58), announced today that Messrs. Tito Gandhi and Daniel Kajouie will retire from the Board of Directors of the Company effective immediately. It is expected that two new fully independent Directors will be appointed shortly after the closing of the Akamon acquisition, which is expected to occur on or before November 16, 2015.

James Lanthier, CEO and Director of Imperus, remarked: "On behalf of the Imperus Board of Directors I would like to thank Tito and Daniel for their contributions to the growth and development of the Company. In large part thanks to the work of Daniel and Tito, Imperus has a bright future. We anticipate announcing our new, highly qualified appointees in the coming weeks."

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 additional directors. 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.

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