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XR Immersive Tech Inc C.VRAI

Alternate Symbol(s):  FNTTF

XR Immersive Tech Inc. is engaged in artificial intelligence (AI), virtual and augmented reality, specializing in creating immersive experiences that blend physical and digital worlds. The Company operates a virtual reality (VR) and AI entertainment platform, building the tools and experiences for entertainment and content creation. Through its technologies, it delivers transformative solutions that redefine digital health, entertainment, education, and enterprise. With its hardware platform UNCONTAINED and its software platform Uncontained/OS and its network of over 300 VR operators through Synthesis VR, the Company helps its stakeholders build user experiences unmatched in realism, depth and immersion. Synthesis VR is a software platform for location-based VR management and content licensing. The Company builds experiences on its platforms for some of the companies, including Intel, Bayer, Capital One, Scotia Bank, the US Food and Drug Administration, Allegiant Airlines and more.


CSE:VRAI - Post by User

Post by Betteryear2on Jan 24, 2022 8:02am
281 Views
Post# 34351445

Strengthens VR Development Initiatives

Strengthens VR Development Initiatives

VANCOUVER, British Columbia, Jan. 24, 2022 (GLOBE NEWSWIRE) -- Fantasy 360 Technologies Inc. d/b/a Immersive Tech (“Immersive Tech”, “Fantasy 360”, or the “Company”) (CSE:VRAR) (FSE:79W) (OTCQB: FNTTF) is pleased to announce a long term development agreement with HTC Corporation (“HTC”) (TWSE: 2498), the leading technology pioneer in innovative virtual reality (“VR”) technologies, and its VIVE VR headset division, to assist with further development to elevate the Company’s hyper-immersive VR technologies to new levels.

The development relationship with HTC will ensure the Company is at the cutting edge of VR technology. Alvin Wang Graylin, a director of the Company and the President of HTC China, has been helpful in providing key industry insight and access to necessary resources.

The Company intends to develop its offering around HTC’s industry leading VIVE Pro 2 with its wireless adapter capabilities as well as its innovative new VIVE Focus 3 and Flow standalone headset and tracking platforms including its freshly announced wrist trackers. HTC’s platforms are uniquely positioned to allow the Company to leverage its deep knowledge in VR technology into the development of next generation hyper-immersive metaverse experiences.
    
“We are very excited to work with HTC and VIVE, including access to their senior technical team, to create even more engaging and hyper-immersive user experiences,” said Tim Bieber, CEO of Fantasy 360. “With our UNCONTAINED platform and technology we continue to advance the state of the art in VR experiences, creating the most robust, immersive and memorable experiences in the industry. Our relationship with HTC and VIVE will further elevate our Immersive VR technology and is an ideal platform to build our deep immersion experiences on.”

“We’re excited about our work with Fantasy 360,” said Alvin Graylin, President of HTC China. “Since joining their board, I have been impressed with their level of enthusiasm and dedication to providing unique and extraordinary hyper-immersive experiences for their clients. I believe the development initiatives will unlock an exciting and deeper level of innovation to further propel their products and technologies in such an exciting and evolving industry.”


https://www.globenewswire.com/news-release/2022/01/24/2371612/0/en/Fantasy-360-Strengthens-VR-Development-Initiatives-with-HTC-VIVE-VR-Division.html

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