News Releases

Reminder: Hydra Industries Acquisition Corp. To Discuss Proposed Business Combination With Inspired Gaming Group Today At 10:00 AM ET

NEW YORK and LONDON, July 19, 2016 /PRNewswire/ -- Hydra Industries Acquisition Corp. ("Hydra") (NASDAQ: HDRA, HDRAU, HDRAW, HDRAR) will be discussing its agreement (previously announced on July 14, 2016) to acquire London based Inspired Gaming Group ("Inspired"), a leading global provider of gaming technology, today at 10:00 AM ET, July 19, 2016. Lorne Weil, CEO of Hydra, and Luke Alvarez, CEO of Inspired, will host the call.

Inspired Gaming Group

 

Investor Conference Call Information

Interested parties may listen to the call via telephone by dialing 1-877-870-4263, or for international callers, 1-412-317-0790. A telephone replay will be available shortly after the call and can be accessed by dialing 1-877-344-7529 (confirmation code: 10090010), or for international callers, 1-412-317-0088 (confirmation code: 10090010).

An investor presentation will be made available at www.hydraspac.com prior to the call.

About Hydra Industries Acquisition Corp.

Hydra is a blank check company formed for the purpose of effecting a merger or other business combination with a target company.  Hydra was founded by gaming industry veteran Lorne Weil and raised $80 million on October 29, 2014 in its Initial Public Offering.  In addition, Macquarie Capital co-sponsored Hydra's efforts to source acquisitions and provided a $20 million forward equity commitment which, with Hydra's existing cash in trust, will be used to fund the proposed transaction.  

Additional information can be found at www.hydraspac.com.

About Inspired Gaming Group

Inspired is a global games technology company, supplying Virtual Sports, Mobile Gaming and Server-Based Gaming systems with associated terminals and digital content to regulated betting and gaming operators around the world.  Inspired currently operates more than 25,000 digital gaming terminals and supplies its Virtual Sports products in more than 30,000 venues and on over 200 websites in 30 countries. Inspired employs over 800 employees in the UK and elsewhere, developing and operating digital games and networks.

Additional information can be found at www.inspiredgaminggroup.com

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SOURCE Hydra Industries Acquisition Corp.

For further information: For Hydra: Contact Martin Schloss (General Counsel, Hydra): +1 646 565 6938; For Inspired: Contact Elinor Fewster, +44 20 7438 5800; For Vitruvian Partners: Contact Matthew Smallwood (Instinctif), +44 (0) 20 7457 2005