Business
VRE Update
VRE Update.
About this update from Mindflair Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 2644B\n Pires Investments PLC\n 06 October 2020\n \n \n \n \n 06 October 2020\n \n \n \n \n \n Pires Investments plc \n \n \n \n \n \n (\"Pires\" or the \"Company\")\n \n \n \n \n \n UN uses VRE's ENGAGE platform to host major global event in VR\n \n \n \n \n \n Pires Investments plc (AIM: PIRI), the investment company focused on next generation technology, is pleased to provide an update on its investment in Sure Valley Ventures (\"SVV\") in relation to VR Education Holdings plc (\"VRE\") (AIM: VRE; Euronext Growth: 6VR), a leading virtual reality (\"VR\") technology company,\n \n a company within the SVV portfolio. \n \n \n \n \n \n VRE has announced that its ENGAGE platform, which hosts virtual events, virtual training and remote distance learning, has been chosen to facilitate the United Nations' (\"UN\") annual 'Global Youth Takeover' event on 24 October 2020.\n \n \n \n \n \n With COVID-19 making many physical events impossible, using VR technology, the ENGAGE platform can provide attendees of virtual conferences with a real live event experience. Attendees can watch presentations or shows and walk around different areas to talk to people. Delegates at the UN event will be able to hear from global influencers, including, among others:\n \n \n \n \n \n · \n Dr Tedros Adhanom Ghebreyesus: the Director General of the World Health Organisation\n \n \n · \n Siyabulela Mandela: Journalist and grandson of Nelson Mandela\n \n \n · \n Jayathma Wickramanayake: UN Undersecretary and UN Envoy on Youth\n \n \n · \n Julianne Hough: Actress and Performer (including as a judge on America's Got Talent)\n \n \n \n \n \n The event will culminate in a virtual performance from musician Pitbull, who has approximately 100 million social media followers.\n \n \n \n \n \n The UN is the latest organisation to use both VR and ENGAGE to host a significant event. The coronavirus pandemic has accelerated the demand for VR as a tool for event organisation as well as delivering remote distance learning and training. This year ENGAGE has been used by a growing number of global companies and organisations for virtual training and events, many of which have originated through VRE'S partnership with HTC, including the European Commission, Ericsson, Facebook, McKin...