Insta360 Granted Urbanimmersive Distribution of Their 3D Cameras
February 16 2021 - 9:00AM
Urbanimmersive Inc. (“Urbanimmersive”, the “Company” or “UI”) (TSX
VENTURE: UI) (OTCQB: UBMRF) is pleased to announce today that the
Company has been granted the distribution of Insta360 3D cameras
used in the production of their immersive 3D tours and in their UI
Capture mobile application.
"We are delighted to
add high-performing Insta360 cameras to our product offering in
order to meet growing demand from our customers for their cameras
and to allow us to diversify our sources of supply," stated
François-Hugues Liberge, General Manager of Immersolution, a
subsidiary of Urbanimmersive.
"Our integration with
Insta360 3D cameras once again validates the versatility of our 3D
emulator technology which should allow more photographers to use
our 3D immersive tour solutions and ease their work through the
integration with our UI Capture mobile application," stated
Ghislain Lemire, President and CEO of Urbanimmersive.
TSX Venture Exchange has not reviewed this press
release and has neither approved nor disapproved the contents of
this press release.
About Insta360
Founded in 2015 in Los
Angeles, with offices in Tokyo, Berlin, Shenzhen and Hong Kong,
Insta360 is a global manufacturer of action, 360, 3D and virtual
reality cameras having created more than 100 million images and
videos. To learn more at insta360.com.
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
websites builder tool, 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
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:
Urbanimmersive Inc. 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
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