YDreams Global Opens New Arkave VR Arenas

- May 9th, 2018

YDreams Global Interactive Technologies Inc. (TSXV:YD, www.ydreamsglobal.com) (“YDreams Global” or the “Company) is pleased to announce that it has been commissioned by a new shopping mall to open two new Arkave VR Pop Up Arenas.

YDreams Global Interactive Technologies Inc. (TSXV:YDwww.ydreamsglobal.com) (“YDreams Global” or the “Company) is pleased to announce that it has been commissioned by a new shopping mall to open two new Arkave VR Pop Up Arenas.

The costs of setup and a licensing fee will be covered by the shopping mall. YDreams Global will have the sole rights to explore the box office and charge visitors to play the Arkave VR games.

Arkave VR is a product developed by YDreams Global that brings the best of Immersive Virtual Reality to different locations. Each Arkave VR arena allows up to three players to play Virtual Reality games together and each game session lasts around fifteen minutes.

YDreams Global currently owns and operates one Arkave VR store that can fit up to fourteen players simultaneously. Each player has to pay approximately CAD $14.50 per session. The Company is currently negotiating the expansion of Arkave VR network with several different operators and partners worldwide.

The Shopping Mall industry is looking for new entertainment solutions to help bring younger generations back to malls. Virtual Reality has the potential to attract large numbers of visitors and is attractive to a wide age range, both genders and also as a fun experience for the whole family.

Arkave is a great option for the mall industry, it´s easy to setup and is incredibly immersive, providing one of the best possible experiences in VR today and is ever evolving, bringing new experiences and games.

“This is a new business model for Arkave VR, where a mall covers our setup expenses and licensing as a marketing strategy. Virtual Reality is a trending technology and Arkave VR has been featured in mainstream TV, major gaming publications and online vehicles, creating an increasing demand. Temporary stores and events can be a substantial source of revenue for the Company and generate awareness of the Arkave VR brand and we hope to see more initiatives like this,” stated Francisco Chaves, Head of Arkave VR.

On March 29th, YDreams Global opened an exhibition featuring gaming YouTubers with LG Electronics Inc. as a significant sponsor.

On February 27th, 2018, the Company announced that it was selected to present Arkave at SXSW, the most important technology and new media event in the world.

On February 23rd, 2018, the Company announced that Schutz opened a new store in New York using YDreams Global technology.

On January 22nd, 2018, YDreams Global signed new project with the Emoji Company.

On January 12th, 2018, YDreams Global signed a $515,000 deal with major sponsor for new project.

On January 5th, 2018, YDreams Global completed a new augmented reality project for the International fashion brand Schutz Stores.

On December 22, 2017, YDreams Global announced the opening of the first Arkave store.

On December 19, 2017, YDreams Global announced a mutual collaboration with Ubique, a reference in eSports with the goal of including Blockchain technology in Arkave.

On December 12, 2017, YDreams Global signed a new Augmented Project for one of the biggest Media and Entertainment companies in the world.

On November 9, 2017, YDreams Global announced the creation of a new blockchain, ICO and cryptocurrency division.

On October 5, 2017, YDreams Global was commissioned by Qualcomm Inc. to create and design a project for them for Futurecom 2017.

On September 19, 2017, YDreams Global announced it was commissioned by Octagon to create a project for the NBA.

About YDreams Global

YDreams Global Interactive Technologies Inc. (www.ydreamsglobal.com) is a technology company with offices in Vancouver, Dubai, São Paulo and Rio de Janeiro, that combines Augmented and Virtual Reality Technology, Design and Intelligence to respond to the challenges and demands of today’s users and consumers.

YDreams Global works as a partner for companies and brands to reframe their strategy through relevant human-centered ventures that integrates digital experience with physical presence and venues. YDreams Global anticipates future challenges and connects them with the needs of the market, building innovative concepts and delivering them with international excellence.

YDreams Global have developed over 1,300 projects 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.

More Information:

Daniel Japiassu
Director and Chief Executive Officer
hey@ydreamsglobal.com | www.ydreamsglobal.com | www.youtube.com/ydreamsglobal

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in 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.

Click here to connect with YDreams Global Interactive Technologies Inc. (TSXV:YD, www.ydreamsglobal.com) for an Investor Presentation.

Source: www.newsfilecorp.com

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