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Consumer Cyclicals
Mid Cap
Market Cap £413.4m
Enterprise Value £414.9m
Revenue £717k
Position in Universe 3374th / 6846

Clubhouse Media Group Influencer and Pro Racing Star Lindsay Brewer Scores Top-Ten Finish in Triumphant Return to the Track

Thu 11th March, 2021 1:00pm
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LOS ANGELES, March 11, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Clubhouse
Media Group, Inc. (OTCMKTS: CMGR) (“Clubhouse Media” or the
“Company”), an influencer-based marketing and media firm with a vast
aggregate global social media reach, is excited to announce that Clubhouse
Media influencer Lindsay Brewer, an emerging star female race car driver and
social media icon with more than 2 million followers, recently competed in her
first major motorsports event since returning to professional racing this

After gaining attention and traction as a teenager in motorsports, and then
taking a 4-year break to get a business degree from San Diego State
University, Brewer returned to pro racing this year, participating in her
first TC America Series Race this past weekend at Sonoma Raceway in

"This is a different type of racing for Lindsay, at a new track and in a new
car, and she still came out strong, rising in rankings between day 1 and day 2
and setting the third fastest lap time to qualify on practice day," said
Clubhouse Media President and Co-Founder, Chris Young. "Clubhouse Media, as
her lead sponsor, couldn't be more thrilled with her performance and her
strong re-debut and we see big things happening for Lindsay in racing this

Brewer was a feature focus in the CBS broadcast of the event, mentioned
repeatedly. She has also noted that she may participate in on-air commentary
at racing events in the near future.

Simon Yu, Clubhouse Media COO and Co-Founder, noted, “Lindsay is destined
for greatness and a bright spotlight. The Series is underway, and we will be
right there with her, which will allow Clubhouse Media the opportunity to
dramatically expand our own reach through access to over 100 million viewers
as part of the SRO World Challenge. That represents tremendous visibility
on-site at major international events alongside prominent global brands.”

About Clubhouse Media

We believe Clubhouse Media represents the future of influencer media and
marketing, with a global network of professionally run content houses, each of
which has its own brand, influencer cohort and production capabilities.
Clubhouse Media offers management, production and deal-making services to its
handpicked influencers, a management division for individual influencer
clients, and an investment arm for joint ventures and acquisitions for
companies in the social media influencer space. Clubhouse Media’s management
team consists of successful entrepreneurs with financial, legal, marketing,
and digital content creation expertise.

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FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements"
within the meaning of the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995. Forward-looking statements also may
be included in other publicly available documents issued by the Company and in
oral statements made by our officers and representatives from time to time.
These forward-looking statements are intended to provide management's current
expectations or plans for our future operating and financial performance,
based on assumptions currently believed to be valid. They can be identified by
the use of words such as "anticipate," "intend," "plan," "goal," "seek,"
"believe," "project," "estimate," "expect," "strategy," "future," "likely,"
"may," "should," "would," "could," "will" and other words of similar meaning
in connection with a discussion of future operating or financial performance.

Examples of forward-looking statements include, among others, statements
relating to future sales, earnings, cash flows, results of operations, uses of
cash and other measures of financial performance.

Because forward-looking statements relate to the future, they are subject to
inherent risks, uncertainties and other factors that may cause the Company's
actual results and financial condition to differ materially from those
expressed or implied in the forward-looking statements. Such risks,
uncertainties and other factors include, among others such as, but not limited
to economic conditions, changes in the laws or regulations, demand for
products and services of the company, the effects of competition and other
factors that could cause actual results to differ materially from those
projected or represented in the forward-looking statements. Any
forward-looking information provided in this release should be considered with
these factors in mind. We assume no obligation to update any forward-looking
statements contained in this report.

Corporate Contact
 Simon Yu, MBA
 Phone: +1-702-479-3016

 Clubhouse Media Group PR
 Mike Stommel
 Lucky Break Public Relations 
Investor Relations
 Tiger Marketing & Branding Agency

Wire Service Contact
 InvestorWire (IW) 
 Los Angeles, California
 212.418.1217 Office

GlobeNewswire, Inc. 2021
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