Captivision Inc. (NASDAQ: CAPT), a pioneer and manufacturer of
architectural media glass, today announced its collaboration with
Activision’s Call of Duty: Mobile and Framework for the recent
installation at the Framework in the Desert afterparty in Coachella
Valley. Through this collaboration, Captivision delivered a unique
media glass installation over the course of the festival.
The collaboration marked the inception of a new area of
strategic focus for Captivision dedicated to pushing boundaries and
redefining the live entertainment experience. At Framework in the
Desert, multiple freight container structures were unveiled that
featured Captivision’s state-of-the-art media glass. This
innovative installation served as the canvas for an inspiring
display of imagery and content for all in attendance. The media
presentation included assets from Activision’s Call of Duty: Mobile
and Framework, in addition to artwork and animations that enhanced
the musical ambiance throughout the weekend.
"We were thrilled to partner with Activision and Framework,”
said Gary Garrabrant, Chairman and CEO of Captivision. “Framework
in the Desert brought together the best in entertainment and
technology, offering a glimpse into the future of immersive
experiences.”
The event, held in the heart of Coachella Valley, showcased
cutting-edge technology and top electronic music artists.
Activision presented the Season 4: Fool’s Gold announcement trailer
from Call of Duty: Mobile. Attendees were immersed in the
adrenaline-pumping action, experiencing firsthand the excitement
and intensity of one of gaming's most iconic properties.
About CaptivisionCaptivision is a pioneering
exclusive manufacturer of media glass combining IT building
material and architectural glass. The product has a boundless array
of applications including entertainment media, information media,
cultural and artistic content as well as marketing use cases.
Captivision can transform any glass façade into a transparent media
screen with real time live stream capability.
Captivision’s media glass and solutions have been implemented in
hundreds of locations globally across sports stadiums,
entertainment venues, casinos and hotels, convention centers,
office and retail properties and airports. Learn more at
http://www.captivision.com/.
About FrameworkFramework was founded in 2013
with the goal of becoming the leading purveyor of unique event
experiences in Los Angeles. Since their conception, Framework has
hosted upwards of 200 artists and 1.1 million guests across 35
venues internationally, including portfolio featuring the Yuma Tent
at Coachella, Sound Nightclub, Nylon House, the unprecedented
shutdown of Hollywood Boulevard with Fisher x Chris Lake and more.
Framework has since become the principal consultant, talent buyer,
and event producer for businesses and brands looking to present
nightlife experiences to their markets.
Cautionary Note Regarding Forward-Looking
StatementsThis press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995, as amended. These forward-looking statements
include, without limitation, statements relating to expectations
for future financial performance, business strategies or
expectations for the Captivision Inc. (the “Company”) respective
businesses. These statements are based on the beliefs and
assumptions of the management of the Company. Although the Company
believe that its plans, intentions and expectations reflected in or
suggested by these forward-looking statements are reasonable, it
cannot assure you that it will achieve or realize these plans,
intentions or expectations. These statements constitute
projections, forecasts and forward-looking statements, and are not
guarantees of performance. Such statements can be identified by the
fact that they do not relate strictly to historical or current
facts. When used in this press release, words such as “anticipate”,
“believe”, “can”, “continue”, “could”, “estimate”, “expect”,
“forecast”, “intend”, “may”, “might”, “plan”, “possible”,
“potential”, “predict”, “project”, “seek”, “should”, “strive”,
“target”, “will”, “would” or the negative of such terms, and
similar expressions, may identify forward-looking statements, but
the absence of these words does not mean that a statement is not
forward-looking.
The risks and uncertainties include, but are not limited to: (1)
the ability to raise financing in the future and to comply with
restrictive covenants related to indebtedness; (2) the ability to
realize the benefits expected from the business combination and the
Company’s strategic direction; (3) the significant market adoption,
demand and opportunities in the construction and digital out of
home media industries for Captivision’s products; (4) the ability
to maintain the listing of the Company’s ordinary shares and
warrants on Nasdaq; (5) the ability of Captivision to remain
competitive in the fourth generation architectural media glass
industry in the face of future technological innovations; (6) the
ability of Captivision to execute its international expansion
strategy; (7) the ability of Captivision to protect its
intellectual property rights; (8) the profitability of
Captivision’s larger projects, which are subject to protracted
sales cycles; (9) whether the raw materials, components, finished
goods and services used by Captivision to manufacture its products
will continue to be available and will not be subject to
significant price increases; (10) the IT, vertical real estate and
large format wallscape modified regulatory restrictions or building
codes; (11) the ability of Captivision’s manufacturing facilities
to meet their projected manufacturing costs and production
capacity; (12) the future financial performance of the Company and
Captivision; (13) the emergence of new technologies and the
response of our customer base to those technologies; (14) the
ability of the Company and Captivision to retain or recruit, or to
effect changes required in, their respective officers, key
employees or directors; (15) the ability of the Company and
Captivision to comply with laws and regulations applicable to its
business; and other risks and uncertainties set forth under the
section of the prospectus included in the Registration Statement
Form F-1 (File No. 333-276243) entitled “Risk Factors.”
These forward-looking statements are based on information
available as of the date of this press release and the Company’s
management team’s current expectations, forecasts and assumptions,
and involve a number of judgments, known and unknown risks and
uncertainties and other factors, many of which are outside the
control of the Company and its directors, officers and affiliates.
Accordingly, forward-looking statements should not be relied upon
as representing the Company management team’s views as of any
subsequent date. The Company does not undertake any obligation to
update, add or to otherwise correct any forward-looking statements
contained herein to reflect events or circumstances after the date
they were made, whether as a result of new information, future
events, inaccuracies that become apparent after the date hereof or
otherwise, except as may be required under applicable securities
laws.
Captivision Media Contact:Dukas Linden Public
Relations T: +1 212-704-7385captivision@dlpr.com
Captivision Investor Contact:Gateway GroupCody
Slach or Jackie KeshnerT: +1 949-574-3860CAPT@gateway-grp.com
© 2024 Activision Publishing, Inc. ACTIVISION, CALL OF DUTY, and
the stylized letter M are trademarks of Activision Publishing, Inc.
All other trademarks and trade names are the property of their
respective owners.
Photos accompanying this announcement are available
athttps://www.globenewswire.com/NewsRoom/AttachmentNg/bbcbb0ad-e867-4bb6-a5ef-076bcd095fe4
https://www.globenewswire.com/NewsRoom/AttachmentNg/5efda6e8-d0ab-4285-9f86-a26eae58ffcc
https://www.globenewswire.com/NewsRoom/AttachmentNg/19126564-c3f4-42ea-91c3-ee00f05c946c
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