CMG Holdings Announces Beta Release of eSports Subsidiary, GOOD GAMING

Innovative Social Networking Platform Achieves Critical Milestone on Path to Initial Release

CHICAGO, IL--(Marketwired - Sep 23, 2014) - CMG HOLDINGS Inc. (OTCQB: CMGO), Chairman, Glenn Laken announced today that the company has begun beta testing of the GOOD GAMING platform, and is on track to release version 1.0 by October 3rd, 2014.

An innovative eLearning and social networking platform that empowers a new generation of eSports gamers to game better, GOOD GAMING provides gamer's with the tools, resources and networking framework they need to go from aspiring amateur to eSports Champion.

"We're thrilled to introduce the beta version of GOOD GAMING to the community," commented Glenn Laken, Chairman CMG Holdings and GOOD GAMING, Inc. "GOOD GAMING has made tremendous progress, and we're excited to gain feedback from the community on the platform as we continue to optimize its features and functionality prior to its full release."

Built by the gaming community for the gaming community, GOOD GAMING connects gamers with other like-minded enthusiasts, enriching their gaming experience and enhancing their competition, while giving them the opportunity to learn the strategies and "secrets" of the pros.

"Whether you're looking to gain a competitive edge, become part of the community, rise up through the competitive ranks, or transform from amateur to pro, GOOD GAMING is the platform for you," said Sam Schwieters, Co-Founder and Chief Gamer (CEO) of GOOD GAMING. "We still have some surprises in store for the launch of GOOD GAMING, but testing of the beta version enables the community's most passionate users a chance to see the potential of the platform, and provide crucial feedback to help make that experience even better."

GOOD GAMING is led by a dedicated team of passionate gamers with thousands of hours of gaming experience, former senior executives from top video game publishers and is backed by CMG Holdings (CMGO), a publicly traded multi-media company.

About GOOD GAMING

"Where Amateurs Become Pros": A subsidiary of CMG Holdings (CMGO), a multi-media company, GOOD GAMING empowers a new generation of eSports gamers to be better. Built by the community, for the community, GOOD GAMING connects gamers with other like-minded enthusiasts, enriching their gaming experience and providing the eLearning resources necessary to go from amateur to eSports Pro. For more information go to www.good-gaming.com

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