D-Box Looks to Expand into Virtual Reality

D-Box Technologies Inc. is planning to expand into several new areas.
According to a press release:

Virtual reality: where all the roads converge!
Recently, D-BOX added a new string to its bow by realizing unique virtual reality (VR) experiences. “With our expertise in immersive motion for cinematic art and real-time simulation, we understand the powerful potential of virtual reality as a storytelling medium. We have become an integral part of the VR adventure and this will revolutionize immersive entertainment”, explained Mr. Mc Master.
Amongst D-BOX’s latest VR realizations, we can cite The Martian in partnership with 20th Century Fox films (The Third Floor and VRC) and Goosebumps, with Sony Pictures (MPC and Technicolor). Both were presented at the 2016 Consumer Electronics Show, in Las Vegas. D-BOX has also realized the VR experience for Rabbids, produced by Ubisoft. In addition, a first VR project was realized with Partouche, a major player in the entertainment and gaming markets in France.
Financing
On December 18, 2015, D-BOX secured a $5 M equity investment at $0.45 per unit, 55% premium on the stock market price, from Gold Finance Group (Canada), a major Chinese investment holding group in the entertainment market as well as other sectors. With this investment, D-BOX is in a position to increase its growth and strengthen its presence in new and emerging markets. “China is the world’s fastest growing market for entertainment. Considering the inroads we have achieved so far, we believe the time is right to accelerate our business development efforts in this country”, said Mr. Mc Master.

Click here to read the full press release.