02:54:27 EDT Thu 13 Jun 2024
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ImagineAR Inc
Symbol IP
Shares Issued 265,236,033
Close 2024-03-20 C$ 0.04
Market Cap C$ 10,609,441
Recent Sedar Documents

ImagineAR to focus on patents, holograms in spring 2024

2024-03-20 11:19 ET - News Release

Mr. Paul Silverrstieen reports


ImagineAR Inc. is providing investors with its spring 2024 corporate update.

2024 spring highlights

ImagineAR engages in intensive discussions with prominent legal firms to strategize patent portfolio licensing and vigorous enforcement

ImagineAR places strategic emphasis on unlocking the value of its patent portfolio in 2024, positioning it as a pivotal corporate priority. Based on the continuing and intensive discussions with prominent legal firms, the company is highly optimistic in securing a significant legal counsel retainer agreement in the near future.

Three-year $203,000 SDK licence agreement with AI company to deliver GenAI Interactive AR hologram client experiences

Set to revolutionize training methodologies, this advanced solution marks the company's debut in merging artificial intelligence (AI) with augmented reality (AR) to create an immersive original equipment manufacturer (OEM) training platform for the global aviation industry.

Scheduled to be the flagship product, this breakthrough offering seamlessly integrates GenAI technology with AR, empowering users with instantaneous voice and text interactions directly on their mobile devices.

First U.K. professional soccer client, Queens Park Rangers (QPR) Football Club, successfully launched integrated augmented reality player holograms within its team mobile app in February, 2024.

QPR fans enjoyed taking videos and photos with their favourite players from their QPR mobile app. This was the first U.K. professional soccer team to integrate the ImagineAR SDK into its mobile app developed and supported by mobile app developer Urban Zoo. The company hopes to leverage this implementation to market the SDK platform to other U.K. clubs.

About ImagineAR Inc.

ImagineAR has developed an AR-as-a-Service platform that enables sports teams and organizations of any size to create and implement their own AR campaigns with no programming or technology experience. Every organization, from professional sports franchises to small retailers, can develop interactive AR campaigns that blend the real and digital worlds using ImagineAR. Customers simply point their mobile device at logos, signs, buildings, products, landmarks and more to instantly engage with videos, information, advertisements, coupons, 3-D holograms and any interactive content, all hosted in the cloud and managed using a menu-driven portal. Integrated real-time analytics mean that all customer interaction is tracked and measured in real time. The ImagineAR mobile app is available in the IOS and Android mobile app stores. The platform is available as a native mode SDK.

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