XR Immersive Tech Announces Strategic Studio Partnerships, and Brand New and Intuitive Interface and Website - Financial Post

VANCOUVER, British Columbia, Feb. 02, 2023 (GLOBE NEWSWIRE) — XR Immersive Tech Inc. (“Immersive Tech”, oregon the “Company”) (CSE: VRAR) (FSE:79W) (OTCQB: FNTTF), an manufacture person successful Social Entertainment, Virtual Reality (VR) and Augmented Reality (AR) contented and experiences, is pleased to denote strategical partnerships with aggregate studios by a wholly-owned subsidiary, SynthesisVR Inc. (“SynthesisVR”).

What is SynthesisVR?
A SaaS level providing solutions to tiny and enterprise-scale virtual world businesses to negociate their regular operation, negociate XR devices, licence commercialized contented arsenic good arsenic supply studios a mode to deploy contented to assorted virtual world headsets successful an agnostic manner.

By strategically partnering with assorted developers, SynthesisVR aims to bring astonishing games, and acquisition and endeavor grooming contented successful a frictionless mode to VR businesses each implicit the world. In this vein, we denote our latest concern with the pursuing companies.

About Walkabout Mini Golf VR
Walkabout Mini Golf VR, developed by Mighty Coconut Studios, is 1 of the astir fashionable VR games successful the market. The crippled takes the classical mini-golf acquisition to the adjacent level, with earthy and intuitive putting, realistic physics, and a divers scope of courses to situation some casual and seasoned golfers. XRi partnered with Mighty Coconut connected January 17, 2023 and is arrogant to denote the motorboat of Walkabout Mini Golf VR to VR locations done its wholly-owned subsidiary SynthesisVR.

David Wyatt, Head of Communications & Business Strategy astatine Mighty Coconut had this accidental “With its intuitive gameplay, expansive and increasing courses, and best-rated multi-player experience, we judge Walkabout Mini Golf is the champion archetypal acquisition successful VR and thing radical volition bask coming unneurotic for again and again for galore years. With this concern with SynthesisVR, we’re excited to connection our players hundreds of locations wherever they tin conscionable up successful existent life, and besides a large mode to amusement disconnected the crippled to radical they attraction about.”

Game Features

About Kayak VR
Kayak VR is 1 of the astir gorgeous looking and astir realistic VR games disposable successful the marketplace and we are arrogant to spouse with Better Than Life successful bringing Kayak VR to VR businesses each implicit the world. XRi partnered with Studio Better Than Life connected December 2022 successful bringing Kayak VR to VR locations done the SynthesisVR platform.

Kayak VR: Mirage takes you connected an epic and exhilarating travel done beauteous and unsocial locations, tailor-made for Virtual Reality. Maneuver the afloat physically close kayak astir checkpoints and crown yourself the fastest, oregon instrumentality it casual and usage the free-ride mode for a leisurely travel and instrumentality successful the sights of our varied locales, ranging from realistic to surreal.

Game Features

About Zephyrus Prelude
Welcome to Zephyrus, a satellite connected the borderline of logic and magic, afloat of witches, wizards, and mysterious and cursed creatures. Become a magician and usage your powers to flight this unusual world. Discover the secrets of the world, lick puzzles, and debar creatures that get successful your way. Prepare for a travel that volition instrumentality you to places you’ve ne'er been before, mysterious and challenging.

Escape country VR is simply a fashionable genre and successful Zephyrus Prelude, players cod and usage mana to lick 3-dimensional puzzles. In cooperative play, sometimes much than 1 representation is needed to lick a situation wherever you indispensable enactment unneurotic astatine the aforesaid time. With PC-based VR headsets and Quest headset transverse play, present locations person the flexibility to supply an astonishing flight country acquisition to customers without the limitations of having to usage a definite benignant of VR headset.

SynthesisVR is ever striving to bring the astir applicable and fashionable games, educational, and endeavor contented to VR locations worldwide and we proceed moving with developers similar VictoryXR, Resolution Games, and hundreds more. Not lone does SynthesisVR bring astonishing content, but we besides enactment intimately with developers successful making their contented easy accessible to a commercialized license, including features similar One Click Multiplayer wherever VR operators tin link aggregate players with a click of a button, and galore much chill features similar this.

New Interface Design Launch
On February 1st, 2023, SynthesisVR unveiled its latest mentation 4 interface for its commercialized clients. This updated interface was designed with a absorption connected idiosyncratic acquisition and easiness of use, taking much than 6 months to develop. According to A Shabeer Sinnalebbe, CEO of XR Immersive Tech, “SynthesisVR is utilized by implicit 500 locations globally and aft gathering feedback from galore determination owners and operators, we judge this caller mentation represents a important measurement guardant successful the platform’s ongoing improvement process. Operators tin present easy licence games, docket appointments, and navigate the level with accrued easiness and simplicity.”

On behalf of the Board of Directors

A Shabeer Sinnalebbe, Chief Executive Officer
XR Immersive Tech Inc.
https://www.immersivetech.co/

For further accusation astir Immersive Tech, delight contact:

Contact – A Shabeer Sinnalebbe
Email: shabeer@immersivetech.co
Telephone: +1-818-877-6548

CAUTIONARY DISCLAIMERS

This quality merchandise shall not represent an connection to merchantability oregon the solicitation of an connection to bargain immoderate securities successful immoderate jurisdiction. Any securities referred to herein person not been, nor volition they be, registered nether the United States Securities Act of 1933, arsenic amended, and whitethorn not beryllium offered oregon sold successful the United States oregon to a U.S. Person absent registration oregon an applicable exemption from the registration requirements of the United States Securities Act of 1933, arsenic amended, and applicable authorities securities laws.

ABOUT XR IMMERSIVE TECH INC.

Immersive Tech (formerly Fantasy 360 Technologies Inc.) is gathering the industry’s premier location-based Metaverse Platform. Since 2016 the Company has been an manufacture person successful Social Entertainment, Virtual Reality (VR) and Augmented Reality (AR) amusement attractions. With its Hardware Platform
UNCONTAINED and its Software Platform Uncontained/OS and its increasing web of implicit 500 VR operators done SynthesisVR, the Company helps its stakeholders physique idiosyncratic experiences unmatched successful realism, extent and immersion. The Company builds experiences connected its platforms for immoderate of the world’s largest companies including: Intel, Bayer, Capital One, Scotia Bank, the US Food and Drug Administration, Allegiant Airlines and more.

FORWARD-LOOKING INFORMATION

This quality merchandise contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) wrong the meaning of applicable securities laws. Such forward-looking statements may, without limitation, beryllium preceded by, followed by, oregon see words specified arsenic “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans”, “continues”, “project”, “potential”, “possible”, “contemplate”, “seek”, “goal”, oregon akin expressions, oregon whitethorn employment specified aboriginal oregon conditional verbs arsenic “may”, “might”, “will”, “could”, “should” oregon “would”, oregon whitethorn different beryllium indicated arsenic forward-looking statements by grammatical construction, phrasing oregon context. All statements different than statements of humanities facts contained successful this quality merchandise are forward-looking statements. Forward-looking accusation successful this quality merchandise includes, without limitation, statements regarding the aboriginal plans and objectives of the Company and SynthesisVR, aboriginal show and aboriginal growth, improvement initiatives, concern prospects, synergies and opportunities of Immersive Tech and SynthesisVR and their related subsidiaries, the Company’s enlargement initiatives and pursuit of M&A activity, and different factors beyond the Company’s control.

Forward-looking accusation is taxable to known and chartless risks, uncertainties and different factors that whitethorn origin the Company’s existent results, level of activity, show oregon achievements to beryllium materially antithetic from those expressed oregon implied by specified forward-looking information. Forward-looking accusation is based connected the tenable assumptions, estimates, investigation and opinions of absorption made successful airy of its acquisition and cognition of trends, existent conditions and expected developments, and different factors that absorption believes are applicable and tenable successful the circumstances astatine the day specified statements are made, including, but not constricted to, the Company being capable to capitalize connected the services and concern of SynthesisVR, the easing of world-wide COVID restrictions and effect connected the LBVR industry, the summation successful VR arcades and request for VR amusement and acquisition content, the Company’s and SynthesisVR’s operations and improvement initiatives, and specified different assumptions presented successful the Company’s disclosure record. Although the Company has attempted to place important factors that could origin existent results to disagree materially from those contained successful forward-looking information, determination whitethorn beryllium different factors that origin results not to beryllium arsenic anticipated. There tin beryllium nary assurance that specified accusation volition beryllium to beryllium accurate, arsenic existent results and aboriginal events could disagree materially from those anticipated successful specified information. Accordingly, readers should not spot undue reliance connected forward-looking information. All forward-looking accusation herein is qualified successful its entirety by this cautionary statement, and Immersive Tech disclaims immoderate work to revise oregon update immoderate specified forward-looking accusation oregon to publically denote the effect of immoderate revisions to immoderate of the forward-looking accusation contained herein to bespeak aboriginal results, events oregon developments, but arsenic required by law.

Neither the CSE nor its Regulation Services Provider (as that word is defined successful the policies of the CSE) accepts work for the adequacy oregon accuracy of this release.