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YDX Innovation Corp (TSXV:YDX; OTC:YDRMF; FSE:A2AP0L)(“YDX” or the “Company”) is a technology company that develops products and services and is an expert in immersive technologies like Augmented and Virtual Reality, eSports events and Interactive Exhibitions would like to share the first Corporate Update of 2019.
YDX Innovation Corp (TSXV:YDX; OTC:YDRMF; FSE:A2AP0L)(“YDX” or the “Company”) is a technology company that develops products and services and is an expert in immersive technologies like Augmented and Virtual Reality, eSports events and Interactive Exhibitions would like to share the first Corporate Update of 2019.
YDX Innovation Corp – Rebrand
On January 17th YDreams rebranded as YDX Innovation Corp. The new name better reflects the expansion the company is undertaking with new divisions such as the Arkave VR Arena and Game On Festival. These divisions complement YDreams Global which will continue to produce highly innovative virtual and augmented reality content for corporate clients.
YDreams Studio launches two new projects
An interactive playground, “Garden of Unicorns”, was produced for Patio Higienopolis a large Shopping Mall located in Sao Paulo, Brazil. The playground which features activities for children aged 4 to 10 has five different areas with magical narratives, immersive scenarios and interactive technologies.
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Also launched this month is a Virtual Reality experience titled “Tomorrow?s Shopping” which was developed for Brazilian Shopping Mall operator Sonae Sierra. The immersive storytelling simulates in VR what a shopping mall experience of the future will be like. Some of the features are: the use of drones to deliver gifts, Augmented Reality alerts of friends visiting the mall at the same time as you and the use of AI to follow your schedule and optimize your time at the mall. The experienced was launched in two shopping malls and will tour other malls that are part of the Sonae Sierra group.
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Arkave VR Arena opens at Playcenter Family
Located in Sao Paulo, Playcenter Family is an indoor amusement park designed as a Family Entertainment Center. With several attractions inside a 53,000 Sq. Ft area, the venue opened in early 2018 and has a daily capacity of 3,000 visitors.
Arkave VR will be the first Virtual Reality attraction and will be sold as a separate activity.
GAME ON FESTIVAL
The Company announced the creation of a third initiative in its organization, Game On Festival. It is a new event, conceptualized and designed by the Company to appeal to the growing demand for eSports and gaming events.
Game On Festival combines the expertise of digital storytelling that made the YDreams brand famous with a new format of eSports tournaments for North America. An Interactive Exhibition about the history of Videogames will be the main attraction, offering various immersive experiences for fans of all eras of gaming.
YDX to attend CanTech Investment Conference – January 29-30
The YDX team would like to invite shareholders, partners and friends to join us January 29-30 at the CanTech Investment Conference being held at the Metro Toronto Convention Centre in downtown Toronto.
A full-scale Arkave VR Arena will be installed, and visitors will be able to play “The Last Squad” as well as a new title being launched by the company …
For more information about the event:
https://cambridgehouse.com/cantech-investment-conference
About YDX Innovation
YDX Innovation Corp. (TSXV- YDX :: www.ydxinnovation.com ) is a technology company that develops products and services and is an expert in immersive technologies like Augmented and Virtual Reality, eSports events and Interactive Exhibitions.
Currently three companies are part of the YDX Family:
Arkave VR Arena – www.arkavevr.com – a gaming platform that brings the most immersive Virtual Reality experience to Location Based venues with a highly scalable business model.
Arkave VR has a flagship store in Brazil, two Arenas in the United States, a flagship store being built in Canada and is being sold through a network of distributors that will focus on the thousands of Family Entertainment Centre’s throughout North America, in constant search for innovative attractions.
YDreams Global – www.ydreamsglobal.com – have developed over 1,300 interactive experiences for clients all over the world such as Disney, NBA, Adidas, Cisco, Nokia, Nike, Mercedes Benz, Coca-Cola, Santander, AmBev, Qualcomm, Unilever, City of Rio and Fiat.
YDreams Global has generated over 24 Million CAD in Revenues in past 7 Years.
Game On Festival – www.gameonfestival.com – is a new event under development by the Company that combines eSports Tournaments with a large Interactive Exhibition about the videogame industry and its history.
More Information:
Jim Nelson
Director
(604) 646-6910
contact@ydxinnovation.com | www.ydxinnovation.com | www.youtube.com/ydreamsglobal
Neither 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.
This communication contains “forward-looking statements” within the meaning of applicable Canadian securities regulations. All statements other than statements of historical fact herein, including, without limitation, statements regarding our current and future plans and objectives, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and future events and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations as well as a list of risk factors that we deem relevant are disclosed in the documents we file from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound. Forward-looking statements are based on our current assumptions, estimates and opinions and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. We do not undertake any obligation to update forward-looking statements should our assumptions, estimates or opinions change, other than as required by law and readers are advised not to place undue reliance on forward-looking statements.
Statements included in this announcement, including statements concerning our plans, intentions and expectations, which are not historical in nature are intended to be, and are hereby identified as, “forward-looking statements”. Forward-looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.
Source: www.thenewswire.com