YDX Innovation and The Walt Disney Company Brazil Sign Licensing Agreement to Create a Disney Themed Arkave VR Experience

YDX Innovation Corp (TSXV:YDX; OTC:YDRMF; FSE:A2AP0L)(“YDX” or the “Company”) a leading designer and developer of augmented and virtual reality experiences, interactive solutions and sports events and The Walt Disney Company Brazil have signed an agreement to create exclusive content for Arkave VR.

Arkave VR Arena was created by YDX Innovation Corp. to be a premium Virtual Reality option for thousands of Family Entertainment Centers (FECs) that are looking for an affordable and highly immersive Virtual Reality solution. It’s a free roam, multiplayer platform and easy to operate since it does not require a VR backpack. The objective is to create a new VR experience using Disney?s iconic IP – Mickey Mouse. The first game will be co-created by Disney and Arkave in Brazil and will bring Mickey Mouse to Arkave VR.

The agreement entails that the Arkave Arena featuring the Disney VR game can be taken initially to different cities within the Brazilian territory. Potential venues include: Shopping Malls, Entertainment Centers, Events and Movie Theaters.

“As we expand the network of Arkave VR Arenas, its crucial to develop new games with characters that our users can recognize. Mickey Mouse is an iconic figure and Disney is a leader in the entertainment industry. Our goal in licensing content for the next generation of games is to accelerate the brand recognition of Arkave VR and increase the interest from operators to bring our Arena to their locations.” – Stated Daniel Japiassu – CEO of YDX Innovation.

“YDX looks forward to working with Disney and developing a new Arkave VR experience featuring Mickey and Friends. We are thrilled that with the potential of creating a high-quality VR solution that is very scalable, with an attractive cost and easy setup. We hope to expand the relationship and bring the content worldwide.” – stated Francisco Chaves – Head of Arkave VR.

“Disney is excited to be able to keep bringing the magic of Disney?s beloved characters to Brazilian families, while building a direct relationship with those consumers, through this new immersive VR experience” – stated Juliana Oliveira – Director of Strategy & New Business for TWDC-Brazil

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 divisions 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:

Daniel Japiassu – dj@ydxinnovation.com

CEO

(604) 646-6910

contact@ydxinnovationl.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