Immersive Health Group (IHG) Announces The Integration of inciteVR's Technology and IP, Propelling Its Immersive Healthcare Capabilities - Yahoo Finance

Assignment of Technologies and Industry Hires Significantly Expand Immersive Health Group's Technological Capabilities successful the Clinical and Nurse Training Segment

NEW YORK, NY / ACCESSWIRE / November 28, 2022 / The Glimpse Group, Inc. ("Glimpse") (NASDAQ:VRAR)(FSE:9DR), a diversified Virtual Reality ("VR") and Augmented Reality ("AR") level institution providing endeavor focused VR and AR bundle and services solutions, contiguous announced that its wholly owned VR objective grooming solutions subsidiary institution - Immersive Health Group, LLC ("IHG") - entered into a exertion and IP duty statement with InciteVR, an award-winning immersive learning institution that creates immersive learning experiences (ILX) for higher acquisition and nonrecreational training, chiefly successful the objective and nursing healthcare segments.

inciteVR's (www.incitevr.com) provides immersive learning acquisition solutions, delivered successful VR and utilizing artificial quality (AI), game-based learning and an extended proprietary room of learning 3D assets, to execute heavy and persistent learning. Serving undergraduate and postgraduate nursing education, aesculapian assisting acquisition and nonrecreational objective grooming since 2016, inciteVR has trained implicit 95,000 learners successful astir 2,000 classes that person completed implicit 1,000,000 sessions of immersive game-based learning oregon simulations embedded successful starring acquisition instauration courses.

https://player.vimeo.com/video/775168218

The duty of inciteVR's IP and Technology included a 1 time, nominal issuance of Glimpse communal shares (@ $7.00/share). In parallel, the afloat inciteVR squad has entered into employment agreements with Glimpse and volition articulation the IHG team.

Jim Kiggens, inciteVR's co-founder and CEO, volition service arsenic Chief Product Officer of IHG. Mr. Kiggens volition adhd important immersive exertion manufacture cognition with 30 years of acquisition successful producing and processing game-based learning and simulations for higher education, K12, and firm training.

Mr. Kiggens commented, "Since inciteVR's inception, we person rooted our methodology successful probe validating that students outgo efficaciously get skills faster, with greater accuracy, and clasp skills longer done immersive learning experiences. Within Glimpse, inciteVR's exertion tin further grow the scope and functionalities of its and IHG's objective and nursing immersive and skills labs."

Dov Hirsch, General Manager of IHG, commented, "inciteVR's squad is simply a earthy fit, bringing decades of acquisition successful immersive objective grooming to IHG. Their user-centric Clinic Immersive level is the effect of extended acquisition gathering solutions successful online higher education, uniquely designed and developed to code a planetary nursing shortage that continues to interaction world institutions, faculty, wellness systems and diligent populations. We invited Jim and the inciteVR squad and look guardant to our travel unneurotic to thrust accelerated maturation successful the immersive healthcare segment."

About Immersive Health Group, Inc.

IHG is simply a integer wellness institution that leverages leading-edge VR/AR technologies to summation entree to care, optimize attraction delivery, and amended and bid clinicians, practitioners and patients. For much accusation connected The Immersive Health Group, delight sojourn www.immersivehealthgroup.com; For much accusation astir inciteVR delight sojourn www.incitevr.com.

The Glimpse Group, Inc.

The Glimpse Group (NASDAQ: VRAR, FSE: 9DR) is simply a diversified Virtual and Augmented Reality level company, comprised of aggregate VR and AR bundle & services companies, and designed with the circumstantial intent of cultivating companies successful the emerging VR/AR industry. Glimpse's unsocial concern exemplary simplifies challenges faced by VR/AR companies and creates a robust ecosystem, portion simultaneously providing investors an accidental to put straight into the emerging VR/AR manufacture via a diversified platform. For much accusation connected The Glimpse Group, delight sojourn www.theglimpsegroup.com

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IHG Contact

Dov HirschGeneral Manager
Immersive Health Group, LLC
dov@immersivehealthgroup.com

Glimpse Contact:

Maydan Rothblum
CFO & COO
The Glimpse Group, Inc.
917-292-2685
maydan@theglimpsegroup.com

Investor Relations:

Mark Schwalenberg, CFA
Director
MZ Group - North America
312-261-6430
Glimpse@mzgroup.us
www.mzgroup.us

SOURCE: The Glimpse Group, Inc.