(via TheNewswire)
VANCOUVER, B.C. / TheNewswire / May 10th, 2019 - YDX Innovation Corp (TSX-V: YDX, OTC: YDRMF, FSE: A2PB03) ("YDX" or the "Company") would like to announce the signing of a collaboration agreement with Liquid Media Group Ltd. ("Liquid") (Nasdaq: YVR), a global studio producing content for several platforms including film, TV, gaming and VR through its network of shared services.
With a 25 year operating history, Liquid's subsidiary,Majesco Entertainment, is a leader in the development and publishing of a wide range of video games for target audiences on digital networks, including Nintendo, Wii, Sony PlayStation, Microsoft Xbox and others.
Other companies of the group:Open NuAge,WaterproofandStratusCore.
The main focus of the agreement is to allow Liquid to leverage YDX technology across their IP portfolio, bringing classic and future titles to Arkave Virtual Reality (VR) Arenas ("Arkave VR") in Canada, the United States and Brazil as well as the Game On Festival experiences, allowing players to engage with games in a whole new way. The companies also plan to collaborate on new intellectual property (IP), content, products and/or technology.
"Virtual reality is an exciting new way for audiences to fully immerse themselves in the stories they love. Having experienced what YDX has created at its flagship location in Vancouver'sGastown District, I am extremely excited to join forces and bring the highly entertaining Liquid gaming experiences to new audiences," said Joshua Jackson, Chairman of Liquid Media Group.
About the partnership, Daniel Japiassu, CEO of YDX stated: "We are looking forward to a productive association with Liquid Media Group. This relationship has the potential to generate countless opportunities for a synergistic collaboration that will benefit Arkave VR and Game On Festival and has the potential to create new products or contents by combining the technologies and IPs of both companies. We have the confidence that this will be a long and rewarding alliance."
About Liquid Media Group Ltd.
Liquid Media Group Ltd. (Nasdaq: YVR) is an entertainment company with a strong portfolio of content IP spanning creative industries. Originating in Vancouver's media and entertainment supercluster, Liquid's mission is to empower storytellers worldwide to develop, produce and distribute across channels and platforms.
Additional information is available atwww.liquidmediagroup.co.