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ImagineAR Inc. reports on augmented reality and immersive-technology business developments tied to its ImagineAR.com platform and its wholly owned FameDays subsidiary. Company updates describe an AR platform that enables businesses to create immersive campaigns without programming experience, FameDays' immersive entertainment center activities, and the use of augmented reality, artificial intelligence and interactive technology in location-based experiences.
Recurring news themes include the operating status of the AR platform, intellectual property and licensing initiatives, strategic partnerships, project agreements and terminations, warrant extensions, consulting arrangements, option grants, annual meeting results, executive finance leadership changes, and trading-market status for the company's common shares.
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ImagineAR (CSE: IP, OTCQB: IPNFF), an augmented reality company, has been recognized as a 2021 STA Startup Category Stage Winner for Fan Engagement by the STA Group, based in London. This accolade positions ImagineAR as a key player in the sports tech sector and could unlock new sales and partnership opportunities globally. CEO Alen Paul Silverrstieen expressed excitement about the potential to compete for the overall Startup of the Year Award. The STA Group identifies winners through a rigorous selection process in the international sports tech market.
Imagine AR Inc. (CSE: IP, OTCQB: IPNFF) has launched an augmented reality (AR) campaign with the La Liga team Real Sociedad, integrating the ImagineAR SDK into their mobile app for enhanced fan engagement. The campaign features two AR experiences today, with additional experiences planned biweekly. The Realzale app has over 46,000 downloads and 22,000 active users last month. CEO Alen Paul Silverrstieen expressed excitement about this collaboration, aiming to deliver unique AR opportunities to fans worldwide.
ImagineAR (CSE: IP, OTCQB: IPNFF) announced the appointment of Rod Nenner as a strategic advisor to promote its Fan Engagement Platform in North America. Nenner brings 18 years of experience with the NFL's Washington Football Team, where he significantly contributed to its profitability through major partnerships. The company aims to enhance fan engagement through augmented reality and is gearing up for growth with the launch of its AR Cloud 2.0 Platform and SDK Version 1.4. CEO Alen Paul Silverrstieen highlights the potential for increased revenue and partnerships.
ImagineAR Inc. (CSE: IP, OTCQB: IPNFF) has launched enhanced versions of its AR platforms: ImagineAR SDK 1.4 and ImagineAR Cloud 1.3. These updates improve user engagement through features like AR Scavenger Hunts and a user-friendly self-publishing dashboard. The new systems allow non-technical users to create campaigns and provide real-time analytics, supporting GDPR compliance. CEO Alen Paul Silverrstieen mentioned the company's strong cash position is secure through 2022, highlighting the platform's advanced technology and global performance enhancements.
ImagineAR has partnered with iSportConnect, initiating a two-year agreement as the exclusive AR consultancy client. This collaboration aims to enhance fan engagement for UK and European soccer teams and sports brands. iSportConnect, a premier global network for sports business executives, will leverage its extensive connections to introduce ImagineAR's platform. Alen Paul Silverrstieen, CEO of ImagineAR, expressed enthusiasm for expanding their clientele in the region. This partnership aligns with the growing demand for mobile augmented reality in sports, potentially opening new revenue streams for teams.
Imagine AR Inc. announced a significant revenue increase of 384% over the comparable nine-month period in 2020, as detailed in their quarterly statement for May 31, 2021. The company holds a cash position of $5,297,395, ensuring operational funding through 2022. Key client updates include the successful launch of the ImagineAR SDK Version 1.3 by Club Atletico Mineiro, achieving over 12,000 interactions in 24 hours. The SportIn app has also launched globally, expanding ImagineAR's reach.
ImagineAR (CSE: IP, OTCQB: IPNFF) announces the appointment of Jake Parks as Advisor to the CEO, focusing on North American sports and entertainment products. Parks, a former executive at adidas, brings over 11 years of experience working with elite NFL athletes including Patrick Mahomes and Von Miller. His expertise in developing marketing strategies is expected to enhance ImagineAR's augmented reality technology applications. CEO Alen Paul Silverrstieen expressed excitement for future plans to be shared with shareholders this fall.
Imagine AR Inc. (OTCQB: IPNFF) announced a successful launch of its augmented reality (AR) platform, Galo AR, in partnership with Clube Atlético Mineiro. This innovative platform resulted in a remarkable 3000% increase in daily registrations, showcasing the potential for enhanced fan engagement through AR technology. Within 24 hours of the campaign's launch, over 12,000 interactions were recorded. The company aims to leverage this engagement to attract brands and sponsors, ultimately driving new revenue for the club.
ImagineAR (CSE: IP, OTCQB: IPNFF) has announced a three-year agreement valued at $185,000 with BLACKOWNED, aimed at creating a white-label mobile app for immersive augmented reality (AR) content. This partnership, expected to launch in fall 2021 after the World Tens Rugby Tournament in August, will utilize ImagineAR's Global Cloud Architecture to enhance content management and compliance. The collaboration focuses on education, employment, and empowerment within the Black community, marking a significant step in ImagineAR's strategic growth.