Welcome to our dedicated page for Imaginear news (Ticker: IPNFF), a resource for investors and traders seeking the latest updates and insights on Imaginear stock.
ImagineAR Inc. (IPNFF) is an augmented reality and AI technology company whose news flow centers on product strategy, immersive entertainment projects, financings, and corporate governance. Through its AR-as-a-Service and AI/AR-as-a-Service platforms, the company reports that it enables organizations of various sizes to create and deploy immersive AR campaigns and AI-enhanced experiences without programming expertise.
News releases for ImagineAR often highlight developments in its mobile AR platform, Generative AI integration, and its patented Microsoft Certified Azure AR self-publishing cloud infrastructure. The company also issues updates on its AI/AR-as-a-Service model, which it describes as combining AI-powered voice interactions, real-time personalization, and predictive analytics delivered through avatars and AR holograms on mobile devices.
Another recurring theme in ImagineAR’s news is the activity of its wholly owned subsidiary, FameDays, which focuses on immersive entertainment centers. Press releases have discussed design and project installation agreements, master services agreements for on-site and software support, and later, the termination of certain agreements when customers determined that projects were not viable under prevailing economic and market conditions.
Investors following IPNFF news will also see announcements related to annual general meeting results, consulting agreements, stock option grants, and convertible note financings intended to support initiatives such as location-based entertainment, AI integration with AR, and patent enforcement and licensing. Regulatory and disclosure updates, including responses to continuous disclosure reviews and revisions to financial statements and MD&A, provide additional context on the company’s reporting practices.
This news page aggregates these disclosures so readers can review ImagineAR’s announcements on technology evolution, immersive project plans, financing activities, and governance decisions in one place.
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.
ImagineAR (OTCQB: IPNFF) announces a partnership with Global Sports Initiatives and Ryan Norman Racing for a unique Augmented Reality (AR) experience at the Honda Indy 200, scheduled for July 2-4, 2021. Fans can use the ImagineAR mobile app to interact with a 3D IndyCar and receive a limited-edition reward card on their devices. This initiative aims to enhance fan engagement and promote young athletes, showcasing emerging technologies in sports.
ImagineAR Inc. (CSE: IP) (OTCQB: IPNFF) has been selected as one of the top 10 startups to present at the DEC Association Tech Day on June 2, 2021. This event focuses on promoting excellence in Customer Experience, particularly in the Spanish-speaking market. CEO Alen Paul Silverrstieen expressed pride in showcasing their AR platform, emphasizing its potential for major brand engagement. The event aims to provide a platform for sharing innovative practices and insights in customer experience management.
Imagine AR Inc. (OTCQB: IPNFF) has been selected as one of 10 finalists for the Euroleague Basketball FanXP innovation challenge, taking place from June 21-28, 2021. This opportunity allows ImagineAR to showcase its augmented reality solutions to top basketball clubs in Europe, participate in private mentoring sessions, and engage in a 10-week incubation project. CEO Alen Paul Silverrstieen emphasized the significance of this event for enhancing sports fan engagement through mobile AR technology.
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