News Releases

John McAfee and Eijah to Present at DEF CON 24
Launch party for Demonsaw 3.0 to be held at DEF CON 24 August 4 - 7, 2016

HARRISON, N.Y., Aug. 2, 2016 /PRNewswire/ -- MGT Capital Investments, Inc. (NYSE MKT: MGT) today announced that representatives of its management team will be presenting at DEF CON 24 in Las Vegas on Thursday, August 4 - 7, 2016. MGT Capital will also celebrate the release of Demonsaw 3.0 on Friday, August 5th, 2016.

"DEF CON is the premier hacker convention in the world. Once every year the greatest hacking, programming, and maker minds come together for four days of camaraderie, competition, and an open willingness to share information.  All ages attend DEF CON, bringing together a unique and timeless blend of creativity, curiosity and free and open dialogue about the subjects that matter most to us. There is no judgment, and very few rules. It is within these walls that issues like privacy, warrantless wiretapping, personal liberties, and freedom of digital expression are discussed. Some of the greatest minds living today will wander the halls of this convention, some dressed in shorts and a t-shirt and others in business casual. But make no mistake, we are all here to learn," stated Eric "Eijah" Anderson, founder of Demonsaw and proposed Chief Technology Officer of MGT Capital.

"MGT represents the future of cyber-security as much as the DEF CON audience. We are taking the lead and are forever in the debt of the staff, volunteers, and "Goons" at DEF CON for uniting such an incredible group of thinkers and tinkerers. We invite you all to an exclusive Demonsaw 3.0 event that will welcome the best and brightest of the DEF CON community to an evening of celebration," concluded Eijah.

To register for Eric "Eijah" Anderson's Thursday workshops, DEF CON participants should arrive at the 3rd floor of the Bally's Jubilee Tower to register on site. Workshops will begin at 10:00 a.m. in the Las Vegas Ballrooms 1-7. For further details and to register for the Demonsaw 3.0 celebration, attendees can visit: https://demonsaw.splashthat.com/

In its 24th year, DEF CON is one of the world's largest annual hacker conventions. Attendees include anyone with a general interest in software, computer architecture, phone phreaking, hardware modification, and anything else that can be "cracked." DEF CON consists of several tracks of well-known hackers speakers about computer and cracking-related subjects, as well as social events and contests. This year's event is being hosted at the Paris & Bally's in Las Vegas, Nevada. Tickets are available at the door, and there is no pre-registration.

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 Company 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
grussell@kcsa.com
212.896.1250

Media Contact
Tiffany Madison
Director of Corporate Communications
MGT Capital Investments, Inc.
tmadison@mgtci.com
469.236.9569

SOURCE MGT Capital Investments, Inc.