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Backstageplay Inc.

Exchange: TSXV Exchange | Feb 24, 2018, 3:18 AM EST

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Backstageplay announces corporate update
Backstageplay announces corporate update

Canada NewsWire

VANCOUVER, Feb. 10, 2017 /CNW/ - Backstageplay Inc. (NEX‐TSXV Exchange: BP.H) (the "Company") Backstageplay is pleased to announce the launch of its new social gaming platform where the company has combined the expertise and technology developed for use in the online gaming industry to create a social gaming platform directed exclusively at the music industry. 

Backstageplay offers its music industry customers a social gaming white label platform, which gives Artists the tools to monitize and enhance their VIP fans through gamification.  The platform integrates social gaming assets into a music Artist's mobile responsive website where fans are invited to visit and play through social media.  Fans are awarded a limited number of credits for visiting, allowing them to ultimately purchase a membership and then generate sufficient game play to move onto a leaderboard.   The fan acquires a more personalized connection with the Artist (through online chat, access to new music, etc.) while at the same time earning the opportunity to win daily, weekly, and monthly prizes through game play.  The fan's playing and other activity on the site can culminate in the award of prizes that money can't buy.

Backstageplay shares revenue generated with its Artist customers.  The platform gives the Artist personal access to a motivated fan as well as access to valuable fan-generated information and data, which can become valuable for future Artist marketing efforts.  Backstageplay runs everything.  The more active the Artist is in promoting the games room through social media, the more successful the gaming platform becomes.

Please visit our website at www.backstageplay.com, where you can find a short video and a powerpoint presentation.

Neither the 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.

All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, including statements regarding the closing of the non-brokered financing, the proposed use of funds, expectation of multiple closings of the private placement, are "forward-looking statements". Forward-looking statements are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. Forward-looking statements are not guarantees of future performance, and actual results and future events could materially differ from those anticipated in such statements. Factors that may cause actual results to vary from those made in the forward looking statements described in this document include: timing of completion of financing; changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; delays in obtaining approvals, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments;. This list is not exhaustive of the factors that may affect the forward looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the companies' forward-looking information. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise, except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

SOURCE BackstagePlay Inc.

To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/February2017/10/c8484.html

Scott White, CEO, +1 (416) 704-6611, info@backstageplay.comCopyright CNW Group 2017

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