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Blue Hat Announces Cooperation with Six China-based Kindergartens to Utilize "Augmented Reality Immersive Classes"

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Blue Hat Interactive Entertainment Technology (NASDAQ: BHAT) has partnered with six kindergartens in Xiamen, China, to implement Augmented Reality Immersive Classes (ARIC), aiming to engage over 50 kindergartens by year-end. The ARIC initiative uses existing school infrastructure to offer interactive learning experiences, providing real-time behavioral data for teachers and parents. CEO Xiaodong Chen highlighted the dual educational and entertainment value of their AR products, fostering personalized learning and closer home-school relationships.

Positive
  • Partnership with six kindergartens enhances market presence and brand visibility.
  • ARIC classes leverage existing school infrastructure, minimizing costs and facilitating implementation.
  • Plans to expand to over 50 kindergartens by the end of 2020 can increase revenue potential.
Negative
  • None.

XIAMEN, China, Oct. 19, 2020 /PRNewswire/ -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced that the Company has signed agreements with six kindergartens in Xiamen to conduct "Augmented Reality Immersive Classes" (ARIC) for students. Xiamen, where the Company is headquartered, has a population base of approximately 3.5 million people. 

The Company is hopeful to engage with over 50 kindergartens by the end of 2020. 

Blue Hat's ARIC classes consist of a dynamic and engaging model for teaching in China's schools, utilizing each school's existing infrastructure (projectors as an example) to provide an interactive gaming and learning experience for children. Blue Hat will then note real-time behavior delivered usable data and evaluation for teachers' and parents' references of kids' ability. It is highly praised by participated teachers because ARIC will assist in personalized coaching and foster a close relationship between homes and schools.

Management Commentary
Mr. Xiaodong Chen, Blue Hat's Chief Executive Officer, noted, "We are so delighted to deploy our ARIC immersive software classes in six kindergartens in Xiamen. For several years, we have felt that the end applications of our AR interactive games and products can be utilized for both entertainment and educational purposes through the implementation of visual learning.  In the future, the Company will work with each cooperated kindergarten and work to improve and optimize our content for teaching purposes."

About Blue Hat
Blue Hat Interactive Entertainment Technology is a producer, developer and operator of AR interactive entertainment games and toys in China, including interactive educational materials, mobile games, and toys with mobile game features. The Company's interactive entertainment platform creates unique user experiences by connecting physical items to mobile devices, which creates a rich visual and interactive environment for users through the integration of real objects and virtual scenery. Distinguished by its own proprietary technology, Blue Hat aims to create an engaging, interactive and immersive community for its users. For more information, please visit the Company's investor relations website at . The Company routinely provides important information on its website.

Forward-Looking Statements 
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements.

Contacts:


Lexie Zhang


Blue Hat Interactive Entertainment Technology


Phone: +86 (592) 228-0010


Email: ir@bluehatgroup.net




Investor Relations:


The Equity Group Inc.

In China

Adam Prior, Senior Vice President

Lucy Ma, Associate

(212) 836-9606

+86 10 5661 7012

aprior@equityny.com 

lma@equityny.com

 

Cision View original content:http://www.prnewswire.com/news-releases/blue-hat-announces-cooperation-with-six-china-based-kindergartens-to-utilize-augmented-reality-immersive-classes-301154379.html

SOURCE Blue Hat Interactive Entertainment Technology

FAQ

What is the recent partnership announced by Blue Hat (BHAT) involving kindergartens?

Blue Hat has signed agreements with six kindergartens in Xiamen, China, to implement Augmented Reality Immersive Classes (ARIC).

How many kindergartens does Blue Hat plan to engage by the end of 2020?

Blue Hat aims to engage over 50 kindergartens by the end of 2020.

What benefits do ARIC classes provide to students and teachers?

ARIC classes offer interactive learning experiences and provide real-time behavioral data for teachers and parents.

Who is the CEO of Blue Hat Interactive Entertainment Technology?

The CEO of Blue Hat is Xiaodong Chen.

What is the significance of the ARIC initiative for Blue Hat's business?

The ARIC initiative enhances Blue Hat's presence in the educational sector, creating revenue opportunities and fostering relationships with schools.

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Electronic Gaming & Multimedia
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Xiamen