OverActive Media Announces Entry into Overwatch Champions Series

TORONTO, February 7, 2024: OverActive Media Corp. (TSXV: OAM) ("OverActive" or the "Company"), a premier global esports and entertainment company for today's generation of fans, announced its entry today into the Overwatch Champions Series (OWCS).

The team will operate as the Toronto Defiant, OverActive's celebrated team that launched in 2019, for the 2024 season.

The OWCS represents a new chapter in competitive Overwatch, offering an evolved structure that promises more intense competition and gripping viewer experiences.

OverActive Media is eager to embrace this new format, which aligns perfectly with our plan to engage global audiences in the world's top esports games.

OverActive Media has a rich history with the Overwatch League, having been an integral part of its journey since 2019. The Company's commitment to the Overwatch community has cultivated a vast network of dedicated fans whose support has been a cornerstone of the Overwatch ecosystem.

In 2022, Overwatch 2 was launched with 'New Queen Street,' a futuristic map modelled after one of Toronto's iconic streets, and Sojourn, the first Canadian hero in the game. Toronto Defiant co-hosted the Overwatch League Grand Finals in 2023 at the Mattamy Athletic Centre in Toronto, with over 10,000 fans attending over the course of the weekend.

"We are excited to enter the Overwatch Champions Series and are fully committed to showcasing our team's talent to the global community. The OWCS is a testament to the evolving nature of esports, and we are ready to make our mark in this new chapter," said Adam Adamou, Co-Founder and CEO of OverActive Media.

"Our history with the Overwatch League, combined with our deep understanding of our fan community, positions us uniquely to embrace this opportunity. We are going in with the vision to win the world championship and solidify our legacy in the esports world."

The Toronto Defiant's roster for the OWCS, which will be announced shortly, promises a formidable lineup. All team players and operations staff will be based out of our world-class esports facility located in downtown Toronto.

OverActive Media (TSXV: OAM) (OTCQB: OAMCF) is headquartered in Toronto, Ontario, with operations in Madrid, Spain and Berlin, Germany. OverActive's mandate is to build an integrated global company delivering sports, media and entertainment products for today's generation of fans with a focus on esports, videogames, content creation and distribution, culture, and live and online events. OverActive owns team franchises in professional esports leagues, including:

OverActive also leads OAM Live, an events arm that produces live and online events.

SOURCE OverActive Media

 For further information: Rikesh Shah, Chief Financial Officer, OverActive Media, (647) 227-2636, rshah@oam.gg; Babak Pedram, Investor Relations, Virtus Advisory Group Inc., (416) 995-8651, bpedram@virtusadvisory.com