An attraction that doesn’t contain XR immersive tech is like a

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VANCOUVER, British Columbia, August 11, 2022 (GLOBE NEWSWIRE) — XR Immersive Tech Inc. (“Immersive Tech”, or the “Company”) (CSE:VRAR) (FSE:79W) (OTCQB: FNTTF) is pleased to announce that our which does not contain A highly immersive VR attraction has been selected as a finalist for the 6th annual event VR awardS in the “VR Environment-Based Entertainment of the Year” category.

The VR Awards is an annual red carpet celebration of the most amazing immersive technologies that have redefined the immersive world. Hosted by the International Academy of Augmented Reality (AIXR), the VR Awards features industry titans such as Google, Oculus, HTC, Valve and highlights companies that have made an impact in various award categories. As the leading voice in all immersive technologies, the VR Awards highlight the technological marvels and innovations that have shaped the industry. Working on a nomination-judge system, each VR Award nominee is selected by community members and judged by a panel of over 70 creatives. In addition to being nominated by supporters, each candidate goes through an extensive screening and evaluation process to ensure the highest quality of suitability and talent.

Previous winners in related categories include: “Star Wars™: Secrets of the Empire,” “Avengers: Damage Control,” “Current, Rising” and “Ghostbusters: Dimension.”

This year we were honored to be nominated for the “VR Environment Based Entertainment of the Year” award. The “VR Location-Based Entertainment of the Year” award honors “nominees who have researched, implemented, and created a truly outstanding experience that delivers the highest levels of user satisfaction.”

“We are grateful to be a part of the 2022 VR Awards and to be recognized for our pioneering innovation. As a startup, we are honored to be selected as a finalist at this year’s prestigious VR Awards, alongside previous winners such as Valve, HTC, Oculus and Google. I’m proud of the team and what we’ve all accomplished,” said Tim Bieber, CEO of XR Immerse Tech.

As we look forward to the VR Awards in December this year, we continue to aspire to the high standards and expectations we have set for ourselves.

On behalf of the Board of Directors

Tim Bieber, director and CEO
XR Immersive Tech Inc.
https://www.immersivetech.co/

For more information about Immersive Tech, please contact:

Contact Us – Tim Bieber
Email: invests@immersivetech.co
Phone: +1-604-283-3029

A careful disclaimer

This news release does not constitute an offer to sell or an offer to sell any securities in any jurisdiction. None of the securities referred to herein have been, shall not be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States or in the absence of registration or due diligence by a US person. Registration requirements of the United States Securities Act of 1933, as amended, and applicable state securities laws.

About XR IMMERSIVE TECH INC.

XR Immersive Tech is building the industry’s premier location-based Metaverse Platform. As of 2016, the company is an industry leader in social entertainment, virtual reality (VR) and augmented reality (AR) entertainment attractions. In its hardware platform which does not contain And through SynthesisVR, its software platform Uncontained/OS and its growing network of over 350+ VR operators, the company helps stakeholders build unparalleled user experiences with authenticity, depth and immersion. The company builds experiences on its platforms for some of the world’s largest companies: Intel, Bayer, Capital One, Scotia Bank, US Food and Drug Administration, Allegiant Airlines and more.

About VR awards

AIXR is an independent, community-first, not-for-profit organization that serves individuals and companies of all sizes as a business entity for the global immersive technology industries. AIXR or, The Academy of International Extended Reality, hosts the VR Awards every year. AIXR’s mission is to support individuals and companies in the diving industry by removing barriers to entry and connecting diverse business communities to support, inspire and enable innovation. In the team’s work to celebrate excellence in virtual reality at the VR Awards, we heard from many voices that immersive technology lacks a comprehensive support structure. AIXR exists to provide the support network that many companies need and to ensure that immersive technology is an accessible and inclusive industry for all. The VR awards are managed by AIXR’s independent VR steering panel.

Forward-looking information

This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities laws. Such forward-looking statements may without limitation be preceded, followed or referred to by words such as “believes”, “anticipates”, “anticipates”, “estimates”, “plans”, “plans”, “will continue”, “project”, “potential”, “potential”. ”, “contemplate”, “seek”, “goal” or similar expressions, or use future or conditional verbs such as “may”, “may”, “will”, “will”. may”, “should” or “may”, or otherwise forward-looking statements may be indicated by grammar, phrasing or context. All statements other than statements of historical fact contained in this news release are forward-looking statements. Forward-looking information in this news release includes, without limitation, statements regarding the company’s future plans and objectives and SynthesisVR, future performance and future growth, development initiatives, business prospects, Immersive Tech and SynthesisVR and their related affiliates. , the Company’s expansion initiatives and M&A activity and other factors beyond the Company’s control.

Forward-Looking Information The Company’s actual results, level of activity, performance or achievements may be subject to known and unknown risks, uncertainties and other factors that may cause them to differ materially from those expressed or implied by the forward-looking information. Forward-looking information is based on management’s views, estimates, analyses, and opinions made in light of its experience and understanding of trends, current conditions and expected developments, and other matters that management believes are appropriate and reasonable under the circumstances. As of the date of such statements, the Company’s ability to obtain significant benefits in SynthesisVR’s services and business, the easing of global Covid restrictions and its impact on the LBVR industry, including, but not limited to, the increase in VR centers and demand for VR entertainment and educational content, the Company’s and SynthesisVR’s operations and development initiatives and other assumptions presented in the company’s disclosure filings. Although the Company attempts to identify important factors that could cause actual results to differ materially from those in the forward-looking information, there may be other factors that could cause results to differ from expectations. There can be no assurance that such information is accurate, as actual results and future events may differ from expectations contained in such information. Accordingly, readers should not place undue reliance on forward-looking information. All forward-looking information is qualified in its entirety by this cautionary statement, and Emsive Tech disclaims any obligation to revise or update any forward-looking information or to publicly communicate the results of any revisions. herein to reflect future results, events or developments, except as required by law.

Neither CSE nor the Regulation Service Provider (as that term is defined in CSE Policies) accepts responsibility for the adequacy or accuracy of this release.

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