Three-year $150,000 SDK licensing and revenue sharing agreement executed.
VANCOUVER, BC and ERIE, Pa, Jan. 28, 2021 /PRNewswire/ - Imagine AR Inc. (CSE:IP) (OTCQB: IPNFF) ("ImagineAR") and Interactive Marketing Promotions ("IMP) , are excited to announce the execution of a three-year $150,000 SDK licensing plus revenue sharing agreement to deliver Augmented Reality ("AR") immersive experiences integrated with the new IMP Event App ( www.touchaprize.com ). In 2019, IMP successfully delivered an AR Scavenger Hunt for the Greater Milwaukee Auto Show presented by Adamm. IMP recent Auto Show clients include: Greater Milwaukee , Alabama , St. Louis , Hawaii International, Sacramento , Orlando , Tampa and other Motor Trend shows.
Using ImagineAR's licensed AR SDK and cloud-based studio suite, IMP will be delivering immersive AR engagements for manufacturers to consumers attending online virtual and near future in-person automobile shows throughout North America. In addition to on-site and virtual AR Scavenger Hunts, AR will be used to place leading product experts from automobile manufacturers virtually 'on location' with the consumer to provide new model information as either an avatar or hologram.
"ImagineAR continues to be the global leader in delivering dynamic mobile augmented reality engagements. By integrating the ImagineAR platform with our IMP app, we are providing automobile shows the most advanced interactive consumer attendee engagement solution and data capture tool," said Bob Kames, CEO IMP .
"We have successfully worked with IMP prior to the onset of the pandemic," says Alen Paul Silverrstieen, Founder and CEO of ImagineAR . "Our partnership will be focused on the automobile event marketplace as well as synergistic opportunities in North America. Additionally, IMP is also an authorized ImagineAR reseller for the SDK and White-Label products."
About IMP Touch-A-Prize
Interactive Marketing Promotions, LLC ("IMP") has developed a new mobile APP for the auto show industry that is truly COVID friendly launching in 2021. Completely contactless, from digital ticketing, two-way instant lead generation and now product infomercials done via Augmented Reality. These promotional games make marketing efforts more effective, measurable, and compelling to the consumer. IMP develops customized smart phone, tablet, kiosk, online, scoreboard and location-based games using the Touch A Prize platform a process patent pending proprietary digital marketing & promotions engine. (TAP) These tools engage consumers, giving them a chance to win insured prize money (up to $1 million ) and other prizes, at any consumer driven events. https://www.touchaprize.com/
About ImagineAR
Imagine AR Inc. (CSE: IP) (OTC: IPNFF) has developed ImagineAR.com; an "AR-as-a-Service" platform for desktops that enables businesses of any size to create and implement their own AR campaigns with no programming or technology experience. Every organization, from professional sports franchises to small retailers, can develop interactive AR campaigns that blend the real and digital worlds using ImagineAR. Customers simply point their mobile device at logos, signs, buildings, products, landmarks and more to instantly engage with videos, information, advertisements, coupons, 3D holograms and any interactive content, all hosted in the cloud and managed using a menu-driven portal. Integrated real-time analytics means that all customer interaction is tracked and measured in real-time. The ImagineAR mobile app is available in the IOS and Android mobile app stores. The platform is available as a native mode SDK.
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ON BEHALF OF THE BOARD
Alen Paul Silverrstieen
President & CEO
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SOURCE ImagineAR