XR Immersive Tech’s UNCONTAINED attraction chosen as VR Awards finalist

XR Immersive Tech Inc.

XR Immersive Tech Inc.

VANCOUVER, British Columbia, Aug. 11, 2022 (GLOBE NEWSWIRE) — XR Immersive Tech Inc. (“Immersive Tech”, or the “Firm”) (CSE: VRAR) (FSE: 79W) (OTCQB: FNTTF) is happy to announce that our NOT CONTENT The hyper-immersive VR attraction has been chosen as a finalist for the sixth version virtual reality rewards within the class “Location-Based mostly VR Leisure of the 12 months”.

The VR Awards are an annual crimson carpet celebration of groundbreaking immersive applied sciences which have redefined the immersive world. Organized by the Academy of Worldwide Prolonged Actuality (AIXR), the VR Awards showcase {industry} titans similar to Google, Oculus, HTC, Valve and highlight firms which have made an influence throughout numerous award classes. Because the voice of all issues immersive know-how, the VR Awards shine a light-weight on the technological marvels and improvements which have revolutionized the {industry}. Working on a no-judge system, every nominee for a VR award is hand-picked by neighborhood members and judged by a panel of over 70 industry-leading creatives. Along with being nominated by followers, every shortlisted nominee goes by means of an in depth screening and vetting course of to make sure high-quality relevance and ingenuity.

Earlier winners in associated classes embody: “Star Wars™: Secrets and techniques of the Empire”, “Avengers: Harm Management”, “Present, Rising” and “Ghostbusters: Dimension”.

This yr, we’re honored to be nominated for the “VR Location-Based mostly Leisure of the 12 months” award. The “VR Location-Based mostly Leisure of the 12 months” award acknowledges “nominees who’ve researched, carried out and achieved a really distinctive high quality expertise that has resulted in a excessive stage of person satisfaction”.

“We’re grateful to be a part of the 2022 VR Awards and to be acknowledged for the groundbreaking innovation we’ve got completed. As a startup, we’re honored to be nominated as a finalist for this yr’s prestigious VR Awards, alongside previous winners similar to Valve, HTC, Oculus and Google. I am happy with the workforce and what we have all completed with the launch of our hyper-immersive UNCONTAINED expertise,” stated Tim Bieber XR Immerse Tech CEO.

Wanting ahead to the VR Awards ceremony in December this yr, we are going to proceed to aspire to the excessive requirements and expectations we’ve got set for ourselves.

On behalf of the Board of Administrators

Tim Bieber, Director and CEO
XR Immersive Tech Inc.
https://www.immersivetech.co/

For extra details about Immersive Tech, please contact:

Contact – Tim Bieber
Electronic mail: buyers@immersivetech.co
Telephone: +1-604-283-3029

DISCLAIMER

This press launch doesn’t represent a suggestion to promote or the solicitation of a suggestion to purchase securities in any jurisdiction. The securities referred to herein haven’t been and won’t be registered below the USA Securities Act of 1933, as amended, and might not be supplied or offered in the USA or to a US individual absent registration or an relevant exemption from the registration necessities of the USA Securities Act of 1933, as amended, and relevant state securities legal guidelines.

ABOUT XR IMMERSIVE TECH INC.

XR Immersive Tech is constructing the {industry}’s first location-based metaverse platform. Since 2016, the corporate has been an {industry} chief in social leisure, digital actuality (VR) and augmented actuality (AR) leisure points of interest. With its {hardware} platform NOT CONTENT and its Uncontained/OS software program platform and rising community of over 350 VR operators by means of SynthesisVR, the corporate helps its stakeholders create person experiences unmatched in realism, depth and immersion. The corporate builds experiences on its platforms for a number of the world’s largest firms, together with: Intel, Bayer, Capital One, Scotiabank, US Meals and Drug Administration, Allegiant Airways and extra.

ABOUT VR PRICES

AIXR is an unbiased, nonprofit, community-first group that exists to assist people and companies of all sizes as a global commerce physique for the immersive know-how industries. AIXR or, The Academy of Worldwide Prolonged Actuality, hosts the VR Awards yearly. AIXR’s mission is to assist people and companies within the immersive {industry} by endorsing, inspiring and empowering innovators by eradicating boundaries to entry and connecting a various set of professions. By way of the workforce’s work celebrating excellent achievement in digital actuality with the VR Awards, we have heard from many voices throughout the {industry} that immersive know-how lacks a complete assist construction. AIXR exists to supply that assist community that so many firms crave and to make sure that immersive know-how is an accessible and inclusive {industry} for everybody. The VR Awards are overseen by AIXR’s unbiased VR Steering Committee.

FORWARD-LOOKING INFORMATION

This press launch accommodates “forward-looking data” and “forward-looking statements” (collectively, “forward-looking data”) throughout the which means of relevant securities legal guidelines. These forward-looking statements could, with out limitation, be preceded, adopted by or embody phrases similar to “believes”, “expects”, “anticipates”, “estimates”, “intends”, “plans “, “proceed”, “mission”, “potential”, “doable”, “ponder”, “search”, “purpose”, or related expressions, or could make use of future or conditional verbs similar to “could”, ” might”, “will”, “might”, “ought to” or “would”, or could in any other case be indicated as forward-looking statements by grammatical development, wording or context. All statements aside from statements of historic reality contained on this press launch are forward-looking statements. The forward-looking data on this press launch consists of, however will not be restricted to, statements relating to the long run plans and aims of the Firm and SynthesisVR, future efficiency and future development, growth initiatives, enterprise outlook, synergies and alternatives of Immersive Tech and SynthesisVR and their associated subsidiaries. , the Firm’s growth initiatives and continued merger and acquisition exercise, and different components past the Firm’s management.

Ahead-looking data is topic to recognized and unknown dangers, uncertainties and different components that might trigger the Firm’s precise outcomes, stage of exercise, efficiency or achievements to vary materially from these expressed or implied by such forward-looking data. Ahead-looking data is predicated on administration’s affordable assumptions, estimates, analyzes and opinions in mild of its expertise and notion of tendencies, present situations and anticipated developments, and different components that administration deems related and affordable within the circumstances as of the date such statements are made, together with, however not restricted to, the Firm’s skill to capitalize on SynthesisVR’s companies and enterprise, the relief of restrictions COVID-19 and the impact on the LBVR {industry}, the rise in VR arcades and demand for VR leisure and academic content material, the Firm’s and SynthesisVR’s operations and growth initiatives, and different assumptions set forth within the disclosure submitting of the society. Though the Firm has tried to establish essential components that might trigger precise outcomes to vary materially from these contained within the forward-looking data, there could also be different components that trigger outcomes to not be as anticipated. There may be no assurance that such data will show to be correct, as precise outcomes and future occasions might differ materially from these anticipated in such data. Accordingly, readers mustn’t place undue reliance on forward-looking data. All forward-looking data contained herein is certified in its entirety by this cautionary assertion, and Immersive Tech disclaims any obligation to revise or replace such forward-looking data or to publicly announce the end result of any revision of any forward-looking data contained. herein to replicate future outcomes, occasions or developments, besides as required by regulation.

Neither the CSE nor its Regulation Companies Supplier (as that time period is outlined within the insurance policies of the CSE) accepts accountability for the adequacy or accuracy of this launch.

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