ImagineAR (IPNFF) Joins Forces With iSportConnect Targeting European Sports Clubs, Leagues and Broadcasters

Rhea-AI Summary

ImagineAR has partnered with iSportConnect, initiating a two-year agreement as the exclusive AR consultancy client. This collaboration aims to enhance fan engagement for UK and European soccer teams and sports brands. iSportConnect, a premier global network for sports business executives, will leverage its extensive connections to introduce ImagineAR's platform. Alen Paul Silverrstieen, CEO of ImagineAR, expressed enthusiasm for expanding their clientele in the region. This partnership aligns with the growing demand for mobile augmented reality in sports, potentially opening new revenue streams for teams.

Positive

• New two-year strategic partnership with iSportConnect to enhance market presence.
• Access to a large network of sports executives and potential clients through iSportConnect.

Negative

• None.

ImagineAR will be the Exclusive AR Consultancy Client for this Two-year Agreement

VANCOUVER, BC, Aug. 11, 2021 /PRNewswire/ - ImagineAR (CSE: IP) (OTCQB: IPNFF) an Augmented Reality Company that enables sports teams, brands and businesses to instantly create their own mobile phone immersive AR campaigns, has partnered with iSportConnect, headquartered in London, to introduce ImagineAR fan engagement products to the UK & European soccer teams, sports leagues, broadcasters and brands. The iSportConnect platform is the largest global private network of sport business executives and major clients include Tata Communications, InfrontX, Vindicia and Hookit. 

"At iSportConnect, we understand just how big of a role mobile augmented reality will deliver for fan engagement during today's new paradigm in 2021. Our organization has decades of experience in the sports marketplace and are confident that ImagineAR will be an integral digital channel for every team desiring to build their global fan base and new revenue monetization strategies," according to Sandy Case, iSportConnect's Chief Strategy Officer.

Alen Paul Silverrstieen, CEO of ImagineAR, stated "We have been in discussions with iSportConnect for over a year and are excited to finally enter into a multi-year partnership focused on expanding our global sports clientele in the UK and Europe.  Their executive team maintains a significant network of sports industry executives which ImagineAR can quickly introduce to our patented fan engagement platform.  We will also be using their offices as our new London headquarters."

About iSportConnect
iSportConnect was launched in 2010 with the aim of bringing together sports business professionals around the world in a sports business networking community enabling them to meet one another, find information and obtain access to a wide range of relevant services. The platform is now the largest global private network of sport business executives, with over 20,000 members, where membership is exclusive and follows a strict door policy.

iSportConnect Consultancy
iSportConnect's consultancy division works to help our clients with commercial development, marketing and communications and business strategy surrounding the world of sport, helping to provide business intelligence; global sports market entry strategy and support. Some of our consultancy clients include LaLiga, Vindicia and Tata Communications, among others.

About ImagineAR
ImagineAR Inc. (CSE: IP) (OTC: IPNFF) is an augmented reality (AR) platform, ImagineAR.com, that enables businesses 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. Customers simply point their mobile device at logos, signs, buildings, (products, landmarks and more to instantly engage videos, information, advertisements, coupons,3D holograms and any interactive content all hosted in the cloud and managed using a menu-driven portal. Integrated real-time analytics means that all customer interaction is tracked and measured in real-time. The AR Enterprise platform supports both IOS and Android mobile devices and upcoming wearable technologies. The AR Platform is available as an SDK Plug-in for existing mobile apps.

For more information or to explore working with Imagination Park, please email info@imaginear.com, or visit www.imagineAR.com.
All trademarks of the property of respective owners.

ON BEHALF OF THE BOARD

Alen Paul Silverrstieen
President & CEO
(818) 850-2490
https://twitter.com/IPtechAR
https://www.facebook.com/imaginationparktechnologies
https://www.instagram.com/iptechar
https://www.linkedin.com/company/imagination-park-technologies-inc

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release

Forward-Looking Information and Statements

This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein may include, but is not limited to, information concerning the ability of the Company to generate revenues, roll out new programs and to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.

By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: changes in general economic, business and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.

Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward- looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.

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SOURCE ImagineAR Inc.

FAQ

What is the partnership between ImagineAR and iSportConnect about?

ImagineAR has entered a two-year agreement with iSportConnect to promote AR fan engagement products to soccer teams and brands in the UK and Europe.

How will the partnership benefit ImagineAR's business?

The partnership will expand ImagineAR's client base in Europe, leveraging iSportConnect's extensive network to enhance their platform's visibility.

When was the partnership between ImagineAR and iSportConnect announced?

The partnership was announced on August 11, 2021.

What is the stock symbol for ImagineAR?

The stock symbols for ImagineAR are CSE: IP and OTCQB: IPNFF.

Where will ImagineAR establish its new headquarters?

ImagineAR will establish its new headquarters in London, using iSportConnect's offices.