TORONTO, June 07, 2018 (GLOBE NEWSWIRE) -- ARHT Media Inc. (“ARHT” or “the Company”) (TSX-V:ART), a global leader
in the development, production and distribution of high quality hologram content through its patented Augmented Reality Holographic
Telepresence technology, is pleased to announce that the Company has successfully reached agreements with two major global
investments banks (the “banks”), whereby ARHT is providing the banks with pre-recorded holograms for use at multiple events and
locations across the globe.
The pre-recorded holograms were captured in New York and Hong Kong and have been broadcasted at separate events in Berlin and
Singapore, as well as in Sydney, Melbourne and Brisbane, generating CAD$206,000 in revenues. ARHT is currently in discussions with
the two banks concerning additional live and pre-recorded event presentations and the repeat use of the content, which is expected
to generate recurring revenues for ARHT.
“We are very excited with the progress we are making across our verticals of focus, and specifically within the financial
institutions market where our goal to build high margin recurring revenues is starting to get traction,” commented ARHT CEO, Larry
O’Reilly. “We remain very confident about the growth opportunities ahead of us based on the robust and growing pipeline of
opportunities we are working on.”
About ARHT Media
ARHT’s patented Augmented Reality Holographic Telepresence technology is the world’s first complete end-to-end solution for the
creation, transmission, and delivery of lifelike digital human holograms, known as HumaGrams™. The company's technology is
protected by U.S. Patent No. 9,581,962.
Connect with ARHT Media
Twitter: http://www.twitter.com/ARHTmedia
Facebook: http://www.facebook.com/ARHTmediainc
LinkedIn: http://www.linkedin.com/company/arht-media-inc-
For more information, please visit http://www.arhtmedia.com/ or contact the investor relations group at info@arhtmedia.com.
ARHT Media trades under the symbol “ART” on the Toronto Venture Stock Exchange.
ARHT Media Investor Contact:
Ali Mahdavi
am@spinnakercmi.com
ARHT Media Press Contact
Salman Amin
samin@arhtmedia.com
This press release contains "forward-looking information" within the meaning of applicable Canadian
securities legislation. Forward-looking information includes, but is not limited to, the Company’s technology; the potential uses
for the Company’s technology; anticipated future and recurring revenue from existing customers; the future planned events using the
Company’s technology; the future success of the Company; the ability of the Company to monetize the HumaGram™ technology; the
development of the Company’s technology participation by the Company in the Expo; and interest from parties in ARHT’s products.
Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or
"does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not
anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown
risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the
Company to be materially different from those expressed or implied by such forward-looking information, including but not limited
to: general business, economic and competitive uncertainties; regulatory risks; risks inherent in technology operations; and other
risks of the technology industry. Although the Company has attempted to identify important factors that could cause actual results
to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be
as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results
and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue
reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in
accordance with applicable securities laws.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN
THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS
RELEASE.
