ImagineAR (OTCQB: IPNFF) Selected by 2 Motor Sports Organizations on Second Hype Sports Innovation Draft Day

Rhea-AI Summary

ImagineAR Inc. (CSE: IP, OTCQB: IPNFF) has been selected by two new motorsport organizations during the Hype Sports Innovation Second Draft Day held on April 8, 2021. This selection expands its partnerships, adding to its existing collaborations with major sports organizations, including the NFL and MLB. The company enables various entities to create augmented reality (AR) campaigns without needing technical expertise. ImagineAR’s platform supports both iOS and Android devices, offering integrated real-time analytics for enhanced user engagement.

Positive

• Expansion of partnerships with two new motorsport organizations.
• Increased visibility and credibility through selection by a global sports innovation ecosystem.
• User-friendly AR platform that supports businesses of all sizes.

Negative

• None.

ImagineAR Now Selected by a Total of 15 Major Sports Organizations During 2021 Hype Sports Innovation Accelerator

VANCOUVER, BC and ERIE, Pa., April 9, 2021 /PRNewswire/ - Imagine AR Inc. (CSE: IP) (OTCQB: IPNFF) ("ImagineAR" or "Company") an Augmented Reality Company that enables sports teams, businesses and enterprises to instantly create their own AR mobile campaigns, is pleased to announce  two Motor Sports Organizations selected ImagineAR during the Hype Sports Innovation Second Draft Day on April 8, 2021.

New Motor Sports Draft Selections:

Automotive Industries 40,000 audited magazine recipients plus AI`s online readership viewing 1.86m pages per month are the who`s who of automotive decision-making, including major carmakers, system suppliers, 1st tier and major 2nd tier award winning supplier companies.

AirSpeeder is a proposed motorsport series for electric flying vehicles. The teams may be provided racing electric quadcopters, known as 'Speeders' that can fly at speeds of up to 200km/h by Alauda.

Previous Selection List:

NFL: Minnesota Vikings

MLB:  Philadelphia Phillies

NHL: St. Louis Blues, Vegas Golden Knights

World Governing Body of Cricket: International Cricket Council (ICC)

World Governing Body of Football: Deutscher Fußball-Bund (DFB)

Bundesliga: 1. FC Koln

Leading provider of Local Sports & News (USA):  Sinclair Broadcast Group

Leading provider Mass Media & Sports Properties (Canada): Rogers Sports & Media

Serie A (Top flight of Italian Football): Bologna FC

Uruguayan Primera Division: C.N.deF.

MLS & USL:  Inter Miami

Categoria Primera A: Atletico Nacional

HYPE Sports Innovation has built the largest global ecosystem in sports innovation. With over 40,000 members, including retail brands, athletic clubs, federations and academia together with over 11,000 startups, HYPE has an unrivalled capacity for outreach to global partners across all sectors in this highly diverse field.

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.

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 Imagination Park Technologies Inc.

FAQ

What organizations selected ImagineAR on April 8, 2021?

ImagineAR was selected by two new motorsport organizations during the Hype Sports Innovation Second Draft Day.

What is the significance of the Hype Sports Innovation Draft Day for ImagineAR?

The event highlights ImagineAR's growing partnerships within the sports sector, enhancing its market presence.

How does ImagineAR's platform work?

ImagineAR allows businesses to create AR campaigns easily, integrating video and interactive content through mobile devices.

What types of organizations has ImagineAR partnered with previously?

Previous partners include major leagues like the NFL, MLB, and various international football and cricket bodies.

What are the key features of ImagineAR's AR platform?

The platform supports mobile devices, offers real-time analytics, and requires no programming expertise for users.