Urbanimmersive signs distribution deal for 3-D emulator 2017-03-09 17:09 ET - News Release
Mr. Ghislain Lemire reports
URBANIMMERSIVE SIGNS EXCLUSIVE DISTRIBUTION AGREEMENT FOR ITS 3D EMULATOR TECHNOLOGIES WITH DEVUM
Urbanimmersive Inc. has signed a one-year exclusive distribution agreement with Devum for its 3-D emulator suite of software.
Devum is a consulting firm owned and operated by Francois Hugues-Liberge in Laval, Que. Mr. Hugues-Liberge, an expert in the field of immersive technologies, is also distributing in Canada one of the most renowned immersive technology, Matterport, through his sister company ImmerSolution.
The agreement provides Devum with the exclusive distribution rights for Urbanimmersive's 3-D emulator suite of software, trademarked AVU3D, in Canada. The agreement addresses the industrial market, which includes, but is not limited to, serious games, building information management and visual off-site inspection.
Developed and commercialized since the inception of Urbanimmersive in 2007, AVU3D emulator technology remains the most important and mature of Urbanimmersive's intellectual propriety asset portfolio. AVU3D is an image-based 3-D emulator produced from 2-D images. When utilized solely as an immersive environment, AVU3D technology has the following features which provide a strong competitive position relative to full 3-D technologies:
- Can virtualize very large environments with relatively quick production processes and no special hardware;
- Use high-resolution images thus providing more visual content information;
- Rapid navigation time providing 3-D game sensation and download time whatever the size of the environment;
- Can be used on the Web or in a stand-alone private deployment;
- Scaled to life, AVU3D is thus compatible with 3-D software standards and geographical information system (GIS)
Until 2014, AVU3D emulator has been Urbanimmersive's core research and development, and commercialization focus with several implementations in different markets. Today, Urbanimmersive licenses its AVU3D technology to real estate photographers subscribed to its visual content Marketplace. This licence enables real estate photographers to sell 3-D emulated immersive environments at a fraction of the price of a full 3-D immersive competing environment. The agreement with Devum aims to generate sales in the industrial market.
Ghislain Lemire, chief executive officer of Urbanimmersive, explained, "The strong trend for a full 3-D immersive experience is largely supported by all the press for VR headsets and opens up many opportunities for our 3-D emulation technology." Mr. Lemire continued: "We are not aiming to compete with those types of 3-D technologies directly, but rather our focus is to provide an alternate solution to service clients looking to virtualize large-scale environments at a reasonable price. We were probably too early for the market back in 2007 when we created this 3-D emulator, but today the market seems to better understand the niche of AVU3D now that it's experiencing the limitations of a full 3-D immersive environment."
About Urbanimmersive Inc.
Urbanimmersive is a content marketing platform for the real estate industry. The company connects real estate professionals, photographers and writers in order to simplify and optimize original content production work flow. Urbanimmersive enables its customers to leverage their marketing investment while increasing productivity, competitiveness, their Web visibility, consumer engagement with their brand and, ultimately, their revenue.