ImagineAR Inc C.IP

RE:RE:"We're still waiting for that killer app in both VR/AR"

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Imagination Park Launches Exclusive Worldwide Joint Venture with InterKnowlogy, LLC XENOHolographic Inc. to Create and Sell Augmented Reality/Mixed Reality Tools and Solutions Vancouver, BC – July 19, 2017 – Imagination Park Entertainment Inc. (CSE: IP) (OTCQB: IPNFF) (“Imagination Park” or the “Company”) pleased to announce the formal establishment and launch of XENOHolographic Inc. (“XENOHolographic”). XENOHolographic, a worldwide joint venture between Imagination Park and InterKnowlogy originally announced on July 5, 2017, is focused on delivering products, services, and content seamlessly enabling holographic experiences within augmented and mixed reality beginning in the Fall of 2017. XENOHolographic’s premiere product, unveiled for the first time here as XENOSidekick, will enable major manufacturers’ headsets to deliver consistent holographic interactions. Currently, few AR/Mixed Reality headsets support interactions and further, those that do, do so uncooperatively. There are no existing standards for these wearable glasses. XENOHolographic plans to sell and license software tools to solve these technical issues for content providers, headset manufacturers as well as advertisers. Tim Huckaby, Chairman of InterKnowlogy and Co-Founder of XENOHolographic, stated: “I feel we are years ahead of the industry when it comes to interactive holographic experiences. Delivering interactive holographic content is not a trivial issue for Augmented & Mixed Reality headsets. These tools provide AR/MR technology seamlessly, making the creation of interactive experiences much simpler. Our mission is to become the single, industry-leading, worldwide platform for interactive holographic experiences.” Tim continued, “As stated previously, our developed software tools allow gaming companies, enterprise and all industries to easily integrate Unity® developed experiences with wearable Augmented Reality headsets provided by major manufacturers including Microsoft Hololens®.” Alen Paul Silverrstieen, CEO of Imagination Park and Co-Founder of XENOHolographic, stated: “Virtual billboards are the future. XENOHolographic is targeting to provide a solution to deliver Holographic Ads around the world by 2018. As individuals travel around the world, advertisers will know who they are and will be able to deliver ads in premium locations. XENOAds wants to become the standard ad platform to deliver ads tailored to individuals and their environment.” Mr. Silverrstieen continued, “We are extremely confident our new company is positioned to quickly gain share in the Augmented and Mixed Reality market which is expected to grow exponentially in the next five years. We hope to start driving significant new licensing revenue in the second half of this year, continuing through 2018.” About XENOHolographic Inc. XENOHolographic Inc. is a Delaware corporation focused on delivering products, services, and content enabling holographic experiences within augmented and mixed reality. This company is a joint venture formed by Imagination Park Entertainment Inc. and InterKnowlogy, LCC. The company plans to launch its new website, xenoholographic.com, in September, 2017. Contact the company at [e-mail]

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