Virtual Interactive Technologies Corp. Announces New Appointee to Its Advisory Board

Rhea-AI Summary

Virtual Interactive Technologies Corp. (OTC: VRVR) announced the addition of Mr. Saad Hameed to its advisory board. Hameed, the CEO and Co-Founder of Game District, brings extensive experience from a global gaming company that has successfully developed titles for high-profile brands including NFL and LEGO. His insights are expected to enhance VRVR's game development and business growth. The CEO of VRVR, Jason Garber, expressed optimism about leveraging Hameed’s expertise to advance the company’s strategy in the competitive video gaming market.

Positive

• Appointment of Saad Hameed to the advisory board may bring significant insights into game development.
• Hameed's expertise in managing a successful gaming company could strengthen VRVR's market position.

Negative

• None.

Denver, Colorado, Jan. 18, 2022 (GLOBE NEWSWIRE) -- Virtual Interactive Technologies Corp., (OTC: VRVR) (“VRVR” or the “Company”), a multi-platform video gaming company is pleased to announce it is adding Mr. Saad Hameed to its recently formed advisory board.

Mr. Hameed is the CEO and Co-Founder of Game District. Game District is 300+ person global video gaming company that provides its customers with fully integrated solutions for video game development. From the initial concept of a game to strategy, architecture, design, development, release, marketing, and everything in-between, Game District helps their customers bring their ideas to life. Game District has worked with a number of high-profile brands including the NFL, LEGO, The Hobbit, Jurassic Park and others. Game District has produced many of its own titles in the Action, Simulation and Hyper-Casual categories and they are working on a Play-to-Educate initiative for kids under their new brand. Game District has experienced rapid growth over the past couple of years and through their network of brands has now grown to more that 1Billion+ users. Mr. Hameed is a serial entrepreneur and has built multiple companies from the ground-up. He occasionally speaks at various gaming conferences some of which have included GameSummit USA, Casual Connect UK, and DGC. He is passionate about mentoring and funding new mobile game startups and helping to provide the new generation of developers with a clear direction and guidance so they can carve out a path for themselves.

“As the newest member of Virtual Interactive Technologies Advisory Board, I believe I can add significant input to both the game development and business side of the Company”, said Mr. Hameed. He added, “I am looking forward to helping the Company move their business plan forward and creating significant value for their shareholders.”

“Mr. Hameed has been very successful at bringing significant growth to his own company” stated Jason Garber, CEO of Virtual Interactive Technologies. He continued; “I am really looking forward to working with Mr. Hameed using his experience and ideas to help leverage our position in the video gaming industry.”

About Virtual Interactive Technologies Corp.

Virtual Interactives Technologies Corp. (www.vrvrcorp.com) is a Denver, Colorado based video game production, publishing, and technology company. The company currently has a portfolio of five video game titles which include: Carmegeddon MaxDamage, Carmegeddon Crashers, Interplanetary Enhanced Edition, Worbital, and Catch & Release VR. The Company finances the development of video game projects to be release on various popular gaming platforms with an emphasis on mobile gaming, virtual reality, and other new and emerging gaming technologies. We look to team with existing game developers as well as offering our own expertise in development solutions, publishing, and marketing video game products. We are constantly engaged in finding ways to reinvest our royalty income streams into further growing our royalty contracts and intellectual property in the video gaming industry.

For Additional Information

Bruce Nurse - Investor Relations
(303) 919-2913
info@vrvrcorp.com

FAQ

Who is Saad Hameed and what is his role in VRVR?

Saad Hameed is the newly appointed member of the advisory board at VRVR, where he is expected to provide valuable insights for game development and business strategies.

What is the significance of Mr. Hameed joining VRVR's advisory board?

Mr. Hameed's addition is significant as he brings experience from a successful global gaming company, which may help VRVR enhance its game development capabilities and overall strategy.

What are the expectations set by Jason Garber regarding Mr. Hameed's contribution?

Jason Garber expects Mr. Hameed to leverage his experience and ideas to help advance VRVR's position in the video gaming industry.

What does Game District do and how is it related to VRVR?

Game District, co-founded by Mr. Hameed, is a global video gaming company that delivers integrated game development solutions. Its success and network could benefit VRVR's growth.