BEIJING, Nov. 24, 2020 /PRNewswire/ -- WiMi Hologram
Cloud Inc. (Nasdaq: WIMI) ("WiMi" or the "Company"), a
leading augmented reality ("AR") service provider
in China, today announced that
a new product of Hologram head-mounted display (" head-mounted
display "), " WiMi Hologram Soft Light ", has been licensed by the
FCC to enter the US market. The certification document shows that
the head-mounted display model WMH0D3 has been certified by the FCC
through appearance, data transmission, product radiation and other
tests. The document includes pictures, user manual and RF
reports.
FCC certification is a certification issued by the Federal
Communications Commission for electronic products. Many radio
application products, communications products and digital products
to enter the United States market,
require FCC approval.
Recognizing the growing demand of customers for quality Hologram
head-mounted display products, the Company has leveraged its
cutting-edge technical capabilities to design the "WiMi Hologram
Soft Light" (the "Product"). The
Company plans to launch the Product by the end of 2020. The Product
will feature a number of state-of-the-art upgrades related to image
color management, wearing experience, and device compatibility. The
Company has cooperated with SONY to integrate a powerful image
processing engine into the Product, allowing it to display colors
vividly and provide its users with a higher picture quality. At the
same time, the Company has also
integrated infinity focus imaging
technology into the Product to
reduce user fatigue, which is commonly caused by the continual use
of Hologram head-mounted display products as well as extended
periods of time spent focusing on screens at close proximity, thus
greatly improving the customer's wearing experience. In terms of
device compatibility, the Product will support connection with
several types of drones and professional cameras.
About WIMI Hologram Cloud Inc.
WiMi Hologram Cloud, Inc.(NASDAQ: WIMI), whose commercial
operations began in 2015, operates an integrated holographic AR
application platform in China and
has built a comprehensive and diversified holographic AR content
library among all holographic AR solution providers in China. Its extensive portfolio includes 4,654
AR holographic contents. The company has also achieved a speed of
image processing that is 80 percent faster than the industry
average. While most peer companies may identify and capture 40 to
50 blocks of image data within a specific space unit, WiMi collects
500 to 550 data blocks.
Safe Harbor / Forward-Looking Statements
This press release contains "forward-looking statements" within
the meaning of the Private Securities Litigation Reform Act of
1995. These forward-looking statements can be identified by
terminology such as "will," "expects," "anticipates," "future,"
"intends," "plans," "believes," "estimates" and similar statements.
Statements that are not historical facts, including statements
about the Company's beliefs and expectations, are forward-looking
statements. Among other things, the business outlook and quotations
from management in this press release, as well as the Company's
strategic and operational plans, contain forward−looking
statements. The Company may also make written or oral
forward−looking statements in its periodic reports to the U.S.
Securities and Exchange Commission ("SEC") on Forms 20−F and 6−K,
in its annual report to shareholders, in press releases and other
written materials and in oral statements made by its officers,
directors or employees to third parties. Forward-looking statements
involve inherent risks and uncertainties. A number of factors could
cause actual results to differ materially from those contained in
any forward−looking statement, including but not limited to the
following: the Company's goals and strategies; the Company's future
business development, financial condition and results of
operations; the expected growth of the AR holographic industry; and
the Company's expectations regarding demand for and market
acceptance of its products and services. Further information
regarding these and other risks is included in the Company's annual
report on Form 20-F and current report on Form 6-K and other
documents filed with the SEC. All information provided in this
press release is as of the date of this press release, and the
Company does not undertake any obligation to update any
forward-looking statement, except as required under applicable
laws.
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SOURCE WiMi Hologram Cloud Inc.