1 year ago
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- FaZe Holdings Inc. (Nasdaq: FAZE) ("FaZe Clan"), the manner and media level rooted successful gaming and younker culture, and iconic luxury sports car shaper Porsche AG (P911) announced contiguous a multi-year partnership. Together, Porsche and FaZe Clan volition animate the adjacent procreation of gamers to marque their dreams a world done archetypal content, esports initiatives, user products and integer goods, each slated for 2023.
"FaZe's enactment astatine the intersection of gaming and younker culture, combined with our heavy knowing of today's creators, presents an perfect accidental for Porsche to scope the adjacent procreation and link with our worldwide instrumentality network," said Lee Trink, CEO astatine FaZe Clan. "We're thrilled to spouse with a modern luxury marque similar Porsche, who similar FaZe Clan pushes boundaries to grow its audience, portion besides consistently placing the value of assemblage and innovation first."
Robert Ader , CMO of Porsche AG, added: "Porsche has been profoundly progressive successful gaming and esports for respective years, with a wide absorption connected racing - staying existent and authentic to the practice and DNA of the brand. Throughout our discussions, we've seen that FaZe and Porsche stock akin halfway values of show and innovation. Through this first-of-its-kind partnership, we purpose to animate the gamer assemblage to recognize their ain dreams."
The concern volition footwear disconnected with a contented bid that sees FaZe Clan members expressing their unsocial stories of occurrence and engaging successful caller experiences done the satellite of Porsche – representing their relation astatine the intersection of gaming and the increasing subcultures wrong a caller procreation of creators. Porsche volition besides go the authoritative spouse crossed each of FaZe Clan's esports teams. With an oculus towards the future, Porsche and FaZe Clan are besides moving successful tandem to roll-out further integer goods and caller offerings successful the Web3 space, with archetypal plans to beryllium announced successful the precise adjacent future.
"The emotion I person for Porsche goes backmost to the archetypal clip I experienced Porsche arsenic a kid and has motivated maine to enactment towards the beingness I privation to live," said FaZe Swagg. "Today, I'm arrogant to telephone myself a Porsche owner, and moving alongside this legendary marque representing inspiration makes maine consciousness similar I americium genuinely achieving my dreams. I'm truthful blessed to stock this quality with my fans and proceed to animate them to scope their dreams arsenic well."
FaZe Clan brokered this woody successful collaboration with UTA.
ABOUT PORSCHE
Porsche is 1 of the world's astir palmy luxury automotive manufacturers*. Since the instauration successful 1948 of the archetypal authoritative Porsche sports car, the Porsche Type 356, the Porsche brand's milestones person included the presumption of possibly the astir iconic sports car of each time, the Porsche 911 (then referred to arsenic the Porsche 901), successful 1963, a grounds 19 wide Le Mans victories, the launches of the Boxster successful 1996 and the Cayenne successful 2002, and the debut of Porsche's archetypal bid accumulation battery-electric conveyance model, the Taycan, successful 2019, among galore others. Today, Porsche honors this bequest with an ambitious technological thrust to trim the interaction of its vehicles and its operations connected the situation portion remaining committed to the celebrated words of Ferry Porsche: "The past car that volition ever beryllium built volition beryllium a sports car."
*based connected 2021 portion income successful the planetary luxury automotive segment; source: S&P Global, "S&P Global Mobility Light Vehicle Sales Forecast", April 2022
ABOUT FAZE CLAN
FaZe Clan (Nasdaq: FAZE) is simply a digital-native manner and media level rooted successful gaming and younker culture, reimagining accepted amusement for the adjacent generation. Founded successful 2010 by a radical of kids connected the internet, FaZe Clan was created for and by Gen Z and Millennials, and contiguous operates crossed aggregate verticals with transformative content, tier-one marque partnerships, a corporate of notable talent, and manner and user products. Reaching implicit 500 cardinal followers crossed societal platforms globally, FaZe Clan delivers a wide assortment of amusement spanning video blogs, manner and branded content, gaming highlights and unrecorded streams of highly competitory gaming tournaments. FaZe Clan's roster of much than 100 influential personalities consists of engaging contented creators, esports professionals, world-class gamers and a premix of endowment who spell beyond the satellite of gaming, including NFL prima Kyler "FaZe K1" Murray, LeBron "FaZe Bronny" James Jr., Lil Yachty aka "FaZe Boat", Offset aka "FaZe Offset" and Snoop Dogg aka "FaZe Snoop." Its gaming part includes 12 competitory esports teams who person won 36 satellite championships. The contented of immoderate website referenced oregon hyperlinked successful this connection is neither incorporated into, nor portion of, this communication. For much information, sojourn www.fazeclan.com , investor.fazeclan.com and travel FaZe Clan connected Twitter , Instagram , YouTube , TikTok , and Twitch .
FORWARD LOOKING STATEMENTS:
The information successful this connection includes "forward-looking statements" pursuant to the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements, different than statements of contiguous oregon humanities information included successful this communication, regarding the company's strategy, aboriginal operations and fiscal performance, marketplace accidental prospects, plans and objectives of absorption are forward-looking statements. These forward-looking statements mostly are identified by the words "budget," "could," "forecast," "future," "might," "outlook," "plan," "possible," "potential," "predict," "project," "seem," "seek," "strive," "would," "should," "may," "believe," "intend," "expects," "will," "projected," "continue," "increase," and/or akin expressions that interest strategy, plans oregon intentions, but the lack of these words does not mean that a connection is not forward-looking. Such statements are made pursuant to the harmless harbor provisions of the Private Securities Litigation Reform Act of 1995 and are based connected the management's content oregon mentation of accusation presently available.
These forward-looking statements are based connected assorted assumptions, whether oregon not identified herein, and connected the existent expectations of absorption and are not predictions of existent performance. Because forward-looking statements are predictions, projections and different statements astir aboriginal events that are based connected existent expectations and assumptions, whether oregon not identified successful this communication, they are taxable to inherent uncertainties, risks and changes successful circumstances that are hard to predict. Many factors could origin existent results and information (financial oregon otherwise) to disagree materially from those indicated successful the forward-looking statements. These forward-looking statements are provided for illustrative purposes lone and are not intended to service as, and indispensable not beryllium relied connected by immoderate capitalist as, a guarantee, an assurance, a prediction oregon a definitive connection of information oregon probability. Actual events and circumstances are hard oregon intolerable to foretell and volition disagree from assumptions. Many existent events and circumstances are beyond the power of the company. Forward-looking statements talk lone arsenic of the day they are made. While FaZe Clan whitethorn elite to update these forward-looking statements astatine immoderate constituent successful the future, FaZe Clan specifically disclaims immoderate work to bash so. These forward-looking statements should not beryllium relied upon arsenic representing FaZe Clan's assessments arsenic of immoderate day consequent to the day of this communication. Accordingly, undue reliance should not beryllium placed upon the forward-looking statements.
Press Contacts:
FaZe Clan: chelsey.northern@fazeclan.com + chloe.snyder@fazeclan.com + alana.battaglia@fazeclan.com
Porsche: jade.logan@porsche.us
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SOURCE FaZe Clan
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