Alpha Esports Tech Inc. announced that the current Chief Operating Officer of the Company, Mr. Brian Wilneff, has been appointed to the position of Chief Executive Officer of the Company. Mr. Wilneff, who is the founder and creator of GamerzArena, built the GamerzArena platform for casual and amateur gamers after he realized that there was no platform for casual and amateur gamers to improve their skills while also earning money and prizes. In 2018, Stadia Ventures accepted GamerzArena as the first esports platform in their accelerator program – an extensive business boot camp and mentorship program for the best in the sports industry, with Mr. Wilneff at the helm.

As Chief Operating Officer of the Company, Mr. Wilneff has focused on building relationships across the esports industry and was instrumental in securing some of Alpha's partnerships, such as with the New Jersey Devils® and Vancouver Whitecaps®. Mr. Wilneff also has been an integral part of Alpha's entry into the metaverse. Mr. Wilneff replaces Matthew Schmidt, who is resigning from the position of CEO effective immediately.

The Company announced that Mr. Schmidt will be continuing in his role as a member of the board of directors.