UI Urbanimmersive Inc

Urbanimmersive Inc. (“Urbanimmersive,” the “Company” or “UI”) (TSX VENTURE: UI) (OTC PINK: UBMRF) is pleased to announce the launch of its ‘UI Capture’ App for iOS and Android for the Ricoh Theta Z1 360 camera.

The App is already available on Google Play Store and Apple Store. Real estate photographers using 360 cameras for the creation of 3D tours are facing many technical challenges due in part to several light conditions. To overcome those challenges, real estate photographers are using different advanced photography technics and software which are complex, cumbersome and time-consuming.

The UI Capture App for iOS and Android aims at simplifying and standardizing 3D tours visual content capture processes and post-production. Tested by a group of photographers, the App has clearly shown to standardize visual content quality, save onsite and post-production time. UI Capture App connects to the 360 cameras and by only using a one-click button, automatically takes charge of controlling all the parameters required for the 3D photo-shooting sessions.

The App can be used by everyone with or without photographic experience and knowledge. The first release of UI Capture is compatible with Ricoh Theta Z1, considered the most popular 360 camera on the market and Urbanimmersive intends to add other 360 cameras compatible with the App.

This release of the App is setting the foundations of a new extension of Urbanimmersive’s platform as the Company intends to add many new features to the App that will seamlessly integrate with the rest of the platform for real estate photographers. Amongst other things, those features will integrate 3D photo-shooting assistance based on Urbanimmersive’s propriety geocoding algorithm, real-time images cloud transfers, orders matching and more. The Company believes that these future additions to its new App will continue improving the productivity of photographers while reinforcing the uniqueness of Urbanimmersive solution on the market.

The UI Capture App works only in the Urbanimmersive post-production solution. "Our UI Capture App is a significant part of our growth strategy as it's now enabling everyone with or without photographic experience to capture 3D tour visual content using low-cost 360 cameras and deliver standardized and high-quality results which we believe will set Urbanimmersive apart from the competition", stated Ghislain Lemire, Urbanimmersive CEO.

Find more information about the UI Capture App at: https://www.urbanimmersive.com/ui_capture

TSX Venture Exchange has not reviewed this press release and has neither approved nor disapproved the contents of this press release.

About Urbanimmersive

Urbanimmersive is a SaaS business management solution that provides mission-critical solutions to visual content providers serving the real estate residential, commercial, construction, and local business markets. Urbanimmersive platform helps customers to increase operational productivity and delivering the full potential of visual content creations through leading-edge website builder tools, AI-backed image indexing, robust file transfer systems, and interactive visual technology solutions. The firm's core technology is a 3D emulator powered by a visual content recognition post-production algorithm that delivers online and offline alternatives to traditional 3D engines for the creation of immersive digital environments. Learn more at urbanimmersive.com.

Caution of Forward-Looking Statements

Certain statements in this news release, other than statements of historical fact, are forward-looking information that involves various risks and uncertainties. Such statements relating to, among other things, the prospects for the company to enhance operating results, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These uncertainties may cause actual results to differ from the information contained herein. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of the management on the dates they are made and expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking statements should circumstances or management estimates or opinions change.

For more information, please contact:

Ghislain Lemire President & CEO 514-394-7820 X 202ghislainlemire@urbanimmersive.com

Simon Bédard, CA, CPA, CFA, MBAChief Financial Officer514 394-7820 X 224simonbedard@urbanimmersive.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dcc1ef71-2113-4f68-a27e-a90b6b4897c2