TORONTO, April 02, 2024 (GLOBE NEWSWIRE) -- ARHT Media Inc. (“ARHT” or “the Company”) (TSXV: ART), (OTCQB: ARHTF), the global leader in the development, production and distribution of high-quality, low latency hologram and digital holographic content, is pleased to announce that it has been selected by the University of Québec at Trois-Rivières (UQTR) and the Québec Ministry of Education to provide its technology for their research program studying the impact of full-sized live holograms for vocational training. This research study will utilize ARHT’s suite of technology for multiple locations throughout the Province of Quebec and has commenced in March 2024.
“The hologram is undoubtedly an avenue at the cutting edge of communication technologies, training, and distance education. Its potential must be explored, hence the innovative nature of our research project. I salute ARHT Media whose expertise and products will allow us to experiment and document new training practices in Quebec,” stated Ph.D. Professor-Researcher France Lafleur of UQTR. “It is by combining our visions of the future that this project will contribute to the clearing of educational paths that push the limits of the present.”
“We are very excited to be chosen as the technology provider for this comprehensive and large-scale study. We look forward to working closely with the teams from UQTR and the Quebec Ministry of Education not only on this project but many other opportunities,” said ARHT CEO Larry O’Reilly, “With close to $1 million invested in our technology for this study alone, UQTR and the Province of Quebec have made a significant investment in the use of live holograms in vocational training.”
About ARHT
ARHT is a pioneer and the global leader in live hologram technology. Thanks to its patented end-to-end technology, executives, medical experts, educators, entertainers, and thought leaders can travel at the speed of light to any destination.
ARHT was founded in 2014 and is publicly traded on the TSX Venture Exchange. ARHT has offices in North America, Europe, and Asia and operates from its own studios in locations from Toronto to Singapore, as well as a large network of partner studios in every region.
Connect with ARHT:
LinkedIn: https://www.linkedin.com/company/arht-tech
Instagram: https://www.instagram.com/arht.tech
Facebook: https://www.facebook.com/arht.tech
X: https://twitter.com/arht_tech
YouTube: https://www.youtube.com/@arht-tech
For more information, please visit www.arht.tech/about/investors or www.arht.tech.
Alternatively, email us directly at info@arht.tech.
ARHT trades under the symbol "ART" on the TSX Venture Exchange.
Press Inquiries:
Kristen Spence
kspence@arht.tech
ARHT
Larry O'Reilly
Chief Executive Officer
+1 (416) 844 - 6747 (head office)
This press release may contain "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, the intention to exercise convertible securities of the Company; disclosure related to the Company's sales funnel; the Company's technology; the potential uses for the Company's technology; the future planned events using the Company's technology; the future success of the Company; the ability of the Company to monetize the ARHT Media technology; the development of the Company's technology; 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.
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