Tickers: XTSX:YDX, PINX:YDRMF, FRAA:A2AP0L
Tags: #Business, #Technology
VANCOUVER, B.C. - TheNewswire - July 02nd, 2019 - YDX Innovation Corp (TSX-V: YDX, OTC: YDRMF, FSE: A2PB03) ("YDX" or the "Company") is pleased to announce the installation of a new Arkave VR Arena at the Virtual Reality gaming facility "VR Territory", operated by Synthesis VR, located in Los Angeles, California.
The new arena is the result of a partnership, previously announced on April 22nd, in which the Company released that it would collaborate with Synthesis VR to add new games to Arkave VR and use their management software as back office to Arkave VR.
As part of the partnership, an Arkave VR arena will be installed in their facility in LA, which has several attractions open to the public. There are currently two other VR Territories open besides the one in Los Angeles: one in St. Catharines, Canada and another in Orlando, Florida.
About VR Territory :: https://vrterritory.zone
VR Territory is one of the very first arcades dedicated to virtual reality in the world and the very first in southern California. VR Territory provides a variety of Virtual Reality games and experiences enjoyable from ages 7 and up. Are you into saving the world from zombies with your friends, defending your town with bow and arrows with your group or traveling through time to the pyramids? We have you covered. Our Lounge area with retro gaming is a cool place to hang out for families and friends while playing Virtual Reality.
The Company does not consider the terms to be material.
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 - https://sales.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 five 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 Centres 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.
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
Director and CEO
(604) 704-6466
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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