Tickers: XTSX:YDX, PINX:YDRMF, FRAA:A2AP0L
Tags: Business, Technology
VANCOUVER, B.C. / TheNewswire / March 4th, 2019 - YDX Innovation Corp (TSX-V: YDX, OTC: YDRMF, FSE: A2PB03) ("YDX" or the "Company") is a technology company that develops products and services and is an expert in immersive technologies including Augmented and Virtual Reality, eSports events and Interactive Exhibitions is pleased to provide a corporate update for February, 2019:
Highlights:
-Arkave VR Arena opens in Massachusetts
-Arkave VR and Disney team up
-Arkave VR launches into eSports
-YDreams Global completes more projects
-Game On at SXSW
Arkave VR Updates:
New Arkave Arena installed in the U.S.
February saw further expansion and installations for Arkave VR, the division announced the third Arkave VR Arena opening in the United States, which was installed this week at Launch Trampoline Park in Methuen, Massachusetts.
It?s the second Arkave VR Arena to be installed at a Launch facility. Launch Trampoline Park is a franchise business that is rapidly expanding in the U.S. with 21 locations open in 14 States with another 20 locations announced for 2019 increasing the presence to 24 States.
Partnership with Jackpot Rising brings eSports to Arkave VR
Earlier this month the Company also announced that it had signed an agreement with eSports company Jackpot Rising to organize tournaments using Arkave VR. The goal of the partnership is to co-host tournaments, starting in Dallas. According to publications from ESPN and DMagazine, the Dallas-Fort Worth area is a Gamer's Paradise and is fast becoming an eSports magnet, attracting big-name investors, new stadiums and some of video gaming's hottest teams making it a strategic location for YDX to bring Game On Festival and setup Arkave VR arenas.
"We designed Arkave VR to become an eSports attraction for our clients. The platform is equipped with a ranking system and ready for tournaments. The partnership with Jackpot Rising enables us to move faster into this segment." - stated Daniel Japiassu - CEO of YDX Innovation Corp.
New Arkave VR experience featuring Mickey Mouse
YDX also announced recently a licensing agreement with Walt Disney Company Brazil to create a Disney Themed Arkave VR Experience.
The agreement entails that the YDreams Global team will co-develop with Disney an Arkave VR experience featuring the iconic Disney character: Mickey Mouse. The Disney VR game will initially be taken to different cities within Brazil. 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.
YDreams Studio Update:
YDreams Studio launches new Exhibition focused on Energy
Earlier this month the Cultural Center of Light which is celebrating its 25th Anniversary opened the interactive exhibition "Decades and Discoveries". Using interactive displays, visitors learn about technological advances from the emergence of electric power to its present-day use. The interactive space reflects on the evolution of the world with the arrival of electric energy which has become essential to our society and educates the public about ethical and conscious consuming habits of energy.
Click Image To View Full Size
The project was developed by YDreams Global in partnership with the IED (Istituto Europeo di Design).
GAME ON Update:
GAME ON FESTIVAL AT SXSW
On March 10th, Canada House, created for South by Southwest in Austin Texas will host Vancouver Day.
The CEO of YDX Innovation, Daniel Japiassu, has been invited to be participate as a panelist focused on eSports.
"The Vancouver eSports panel will discuss the current state of affairs and how industry, government, associations and education facilities are working together to build a strategy that will include infrastructure, government policy, training , and technology"
Mr. Japiassu will also have the opportunity to talk about Game On Festival and the potential of bringing this new event created by YDX to cities that want to host innovative eSports events that focuses on families and young players.
The panel will include: Nancy Basi, Executive Director, Vancouver Economic Commission; Ryan Wang, Investor, Outpost Capital; Arjun Metre, Venture Investor Sports, Media & Entertainment Technology; Spiro Khouri, VP Marketing, The Gaming Stadium
For more information: Click Here
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:
Jim Nelson
Director
(604) 646-6910
contact@ydxinnovation.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.
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