01:12:23 EDT Thu 16 May 2024
Enter Symbol
or Name
USA
CA



Ambari Brands Inc
Symbol AMB
Shares Issued 52,095,195
Close 2023-08-10 C$ 0.60
Market Cap C$ 31,257,117
Recent Sedar Documents

Ambari Brands to add virtual try-on feature to Scarlett

2023-08-11 14:00 ET - News Release

Ms. Nisha Grewal reports

AMBARI ANNOUNCES PLAN TO IMPLEMENT AUGMENTED REALITY VIRTUAL TRY-ON FEATURE INTO ITS BEAUTY APPLICATION, SCARLETT

In addition to integrating artificial intelligence within its beauty application, Scarlett, Ambari Brands Inc. aims to implement augmented reality (AR) into Scarlett through a virtual try-on feature.

According to a report by Fortune Business Insights, the global augmented reality market is projected to reach $1,109.71-billion (U.S.) by 2030, with a compound annual growth rate (CAGR) of 50.7 per cent during the forecast period from 2023 to 2030. This substantial growth underscores the immense potential and opportunities available in the AR market.

If successfully developed, the new feature will allow users to virtually try on a wide range of beauty products, including makeup, skin care and hair accessories, either within Scarlett or by using their mobile devices. Scarlett will also enable users to explore catalogues of products and access detailed product information. By leveraging the power of AR, users will be able to visualize how different products will look on them in real time, eliminating the need for physical try-ons and providing a convenient and immersive shopping experience from the comfort of consumers' own homes.

"We are very excited to develop the AR feature in Scarlett," stated Nisha Grewal, chief executive officer of Ambari. "This integration will bring a new level of convenience and engagement to our users, enabling them to explore and experiment with different beauty looks in an immersive and interactive manner. Our goal is to enhance the beauty shopping experience and empower users with personalized and informed choices."

Through its development of Scarlett, Ambari is striving to push the boundaries of technological innovation, focusing on creating intuitive and user-friendly solutions that enhance people's lives.

About Ambari Brands Inc.

Ambari Brands is a leading beauty and technology company focused on developing innovative artificial intelligence and augmented reality solutions. With a mission to enhance user experiences through advanced technologies. Ambari's beauty products are currently carried in the world's largest retailers.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.