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The Glimpse Group and Temple University Announce Extension of Virtual Reality Classroom Engagement

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Pagoni VR, a subsidiary of The Glimpse Group (NASDAQ:VRAR), has announced a three-year extension of its Virtual Reality software agreement with Temple University's Fox School of Business.

This partnership allows Fox to utilize Pagoni VR's Chimera platform to enhance student engagement through immersive real-time video in virtual classrooms. Faculty, like Professor Bora Ozkan, praise the technology for its effectiveness during the pandemic and its potential for future use. The continued collaboration underscores both parties' commitment to innovative education solutions.

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  • Extension of VR software agreement with Temple University demonstrates confidence in Pagoni VR's technology.
  • Chimera platform enhances student engagement by bridging online and in-person learning experiences.
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Pagoni VR, a Glimpse Subsidiary Company, Provides Temple University's Fox School of Business with Immersive Virtual Reality Classroom

NEW YORK, NY / ACCESSWIRE / August 23, 2021 / Pagoni VR, a wholly owned subsidiary of The Glimpse Group, Inc. (NASDAQ:VRAR)("Glimpse"), and a provider of Virtual Reality (VR) and Augmented Reality (AR) based, real-time video broadcasting solutions, today announced the extension of its Virtual Reality software and service agreement with Temple University's Fox School of Business ("Fox") for the third year.

Powered by Pagoni VR's Chimera software platform (https://pagonivr.com/chimera/), Fox is able to develop coursework that brings students together in a common virtual classroom utilizing immersive real-time video to significantly increase the feeling of presence with fellow classmates and their professor.

Bora Ozkan, Associate Professor of Finance at Temple's Fox School of Business and Academic Director of their Online MBA and BBA programs remarked: "After teaching classes for the past two years leveraging this innovative technology, I'm excited to once again bring students into Fox's virtual classroom. Not only did Pagoni VR's Chimera platform prove very beneficial throughout the pandemic, but also showed real potential to be a solution for higher education as we progress beyond it."

Jimmy Giliberti, General Manager of Pagoni VR commented: "Even before COVID-19, online students often felt disconnected with students taking the course in-person. Pagoni VR's Chimera platform gives professors a way to engage both types of students simultaneously without having to change their style of teaching. The professor sees and hears the remote students as a single class unit and can interact with them just as they would with an in-person student. Temple University's Fox School of Business has been at the forefront of the adoption of immersive technologies and we look forward to continuing our partnership."

About Pagoni VR

Pagoni VR is a provider of real-time Virtual and Augmented Reality broadcasting software and solutions. We build solutions to facilitate 360 and 180 degree video workflows, while creating new and innovative solutions that combine real world and virtual world elements. And we keep it simple.

For more details: https://pagonivr.com/

About The Glimpse Group, Inc.

The Glimpse Group (NASDAQ:VRAR) is a diversified Virtual and Augmented Reality platform company, comprised of multiple VR and AR software & services companies, and designed with the specific purpose

of cultivating companies in the emerging VR/AR industry. Glimpse's unique business model simplifies challenges faced by VR/AR companies and creates a robust ecosystem, while simultaneously providing investors an opportunity to invest directly into the emerging VR/AR industry via a diversified platform. For more information on The Glimpse Group, please visit www.theglimpsegroup.com

Safe Harbor Statement

This press release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe,", "view," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. All forecasts are provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely on management's best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

Pagoni VR Contact:
Jimmy Giliberti
General Manager
jimmyg@pagonivr.com

Glimpse Contact:
Maydan Rothblum
CFO & COO
The Glimpse Group, Inc.
917-292-2685
maydan@theglimpsegroup.com

Investor Relations:
Mark Schwalenberg, CFA
Director
MZ Group - North America
312-261-6430
Glimpse@mzgroup.us
www.mzgroup.us

SOURCE: The Glimpse Group, Inc.



View source version on accesswire.com:
https://www.accesswire.com/660763/The-Glimpse-Group-and-Temple-University-Announce-Extension-of-Virtual-Reality-Classroom-Engagement

FAQ

What is the significance of the extension of the agreement between Pagoni VR and Temple University?

The extension signifies continued collaboration to integrate immersive VR technology into higher education, enhancing student engagement.

How does Pagoni VR's Chimera platform benefit students?

The Chimera platform allows students from different learning environments to interact seamlessly in a virtual classroom.

What company is Pagoni VR a subsidiary of?

Pagoni VR is a wholly owned subsidiary of The Glimpse Group, Inc. (NASDAQ:VRAR).

When was the VR software agreement with Temple University announced?

The extension of the VR software agreement was announced on August 23, 2021.

Who commented on the impact of the Pagoni VR technology at Temple University?

Bora Ozkan, Associate Professor of Finance, noted its benefits during and beyond the pandemic.

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