MGT Capital Files Definitive Proxy for Upcoming Shareholder Meeting

HARRISON, N.Y., Aug. 15, 2016 /PRNewswire/ -- MGT Capital Investments, Inc. (NYSE MKT: MGT), today announced that it has filed Form DEF 14A (Definitive Proxy Statement) with the U.S. Securities and Exchange Commission for its upcoming 2016 Annual Meeting of Stockholders. The meeting is now scheduled to take place on September 8, 2016 in order to provide shareholders adequate time to receive and review the proxy and vote their shares accordingly.

The Proxy Statement can be accessed via the Company's website or at www.sec.gov.

Shareholders as of the record date, July 28, 2016, will have the right to vote by proxy or in person at the Annual Meeting of Stockholders to be held Thursday, September 8, 2016 at 10:00 am Eastern Time at the offices of Sichenzia Ross Friedman Ference LLP located at 61 Broadway, 32nd Floor, New York, NY 10006.

Shareholders of record will receive a notice containing instructions on how to access the shareholder meeting materials, including a proxy form and voting instruction form. Shareholders are urged to carefully review the proxy and accompanying materials as they contain important information regarding proposals being voted on at the shareholder meeting.

About MGT Capital Investments, Inc.
MGT Capital Investments, Inc. (NYSE MKT: MGT) is in the process of acquiring a diverse portfolio of cyber security technologies. With cyber security industry pioneer, John McAfee, at its helm, MGT Capital is positioned to address various cyber threats through advanced protection technologies for mobile and personal tech devices, including tablets and smart phones.  The Compan is currently in the process of acquiring D-Vasive, a provider of leading edge anti-spy software, and Demonsaw, a provider of a secure and anonymous file sharing software platform.

MGT Capital intends to change its corporate name to "John McAfee Global Technologies, Inc." upon closing of the D-Vasive transaction.

For more information on the Company, please visit http://ir.stockpr.com/mgtci.

Forward–looking Statements
This press release contains forward–looking statements. The words or phrases "would be," "will allow," "intends to," "will likely result," "are expected to," "will continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward–looking statements." MGT's financial and operational results reflected above should not be construed by any means as representative of the current or future value of its common stock. All information set forth in this news release, except historical and factual information, represents forward–looking statements. This includes all statements about the Company's plans, beliefs, estimates and expectations. These statements are based on current estimates and projections, which involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. These risks and uncertainties include issues related to: rapidly changing technology and evolving standards in the industries in which the Company and its subsidiaries operate; the ability to obtain sufficient funding to continue operations, maintain adequate cash flow, profitably exploit new business, license and sign new agreements; the unpredictable nature of consumer preferences; and other factors set forth in the Company's most recently filed annual report and registration statement. Readers are cautioned not to place undue reliance on these forward–looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof. Readers should carefully review the risks and uncertainties described in other documents that the Company files from time to time with the U.S. Securities and Exchange Commission.

Investor Contact
Garth Russell
Managing Director
KCSA Strategic Communications
[email protected]
212.896.1250

Media Contact
Tiffany Madison
Director of Corporate Communications
MGT Capital Investments, Inc.
[email protected]
469.236.9569

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SOURCE MGT Capital Investments, Inc.

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