Business
ENGAGE & METAVERSE UPDATE
ENGAGE & METAVERSE UPDATE.
About this update from Engage Xr Holdings Plc
[{"type":"text","content":"\n \n \n 23 June 2022\n \n \n \n \n \n ENGAGE XR Holdings Plc\n \n \n (\"ENGAGE XR\", the \"Company\", or the \"Group\")\n \n \n \n \n \n \n ENGAGE & METAVERSE UPDATE\n \n \n \n \n \n \n ENGAGE XR Holdings Plc, a virtual reality ('VR') communications technology company, is pleased to provide an update on the positive progress being made in regard to continued development in its enterprise focused Metaverse platform offering and the further growth of its\n proprietary software platform\n , ENGAGE.\n \n \n \n \n \n Update on Metaverse Offering - ENGAGE Link\n \n \n \n \n \n Ahead of the launch of the Group's Metaverse offering for enterprises - \"ENGAGE Link\" - expected in Q4 this year, ENGAGE XR is delighted to announce that HTC, and The Virtual Human Interaction Lab at Stanford University are confirmed as launch partners. These world-leading organisations will use ENGAGE's MetaVerse platform to build and design their own MetaWorlds\n enabling them to interact with stakeholders, host real business dealings and professional virtual events\n within the ENGAGE ecosystem. \n \n \n \n \n \n A preview of ENGAGE Link can be found\n \n here\n \n , and further details are available on the Company's updated website\n \n here\n \n \n \n \n \n \n \n \n ENGAGE's MetaVerse platform is divided into plazas. HTC will be situated within the Enterprise plaza and The Virtual Human Interaction Lab at Stanford University will be part of the Education plaza. Stanford's MetaWorld will be based on its world-famous virtual reality lab and will provide visitors an insight into the bleeding edge research being undertaken at the university.\n \n \n \n \n \n The Group expects to announce further ENGAGE Link launch partners in due course.\n \n \n \n \n \n \n ENGAGE Update\n \n \n \n \n \n \n \n \n ENGAGE provides users with a platform for creating, sharing, and delivering VR content for education, training, and online events through its three metaverse solutions: Virtual Campus, Virtual Office, and Virtual Events. \n \n \n \n \n \n Engage XR has secured a significant customer renewal with South Korean company, D'Carrick Co Ltd which has signed a new contract worth €300,000 over three years. This extends a successful three-year relationship, initially worth €70,000 per a...