TIDMPIRI

Pires Investments PLC

16 March 2021

16 March 2021

Pires Investments plc

("Pires" or the "Company")

Volograms announces new product

Pires Investments plc (AIM: PIRI), the investment company focused on next generation technology, is pleased to announce an update on its investment in Volograms Limited ("Volograms"), the reality capture and volumetric video company that Pires is invested inthrough its circa 20% investment in Sure Valley Ventures ("SVV").

Volograms will officially announce a new product via an exclusive event during SXSW Online 2021, a digital event comprising conferences, networking, festivals and exhibitions, at 12:00 noon Central Time (US and Canada) on Wednesday, 17 March 2021. Details on how to register for the event can be found via the following link: https://link.volograms.com/SXSWvolos .

Founded in 2018, Volograms is a reality capture and volumetric video company which is a spin-out from Trinity College, Dublin. Volograms' technology enables users to capture volumetric holograms (or 'Volograms') of real people. By inserting the 'Volograms' into videos, people can create their own immersive Augmented Reality ("AR") and Virtual Reality ("VR") content for use in apps, social media and VR headsets.

More information on Volograms can be found via the following link: https://volograms.com .

Pires has a circa 20% interest in SVV, a venture capital fund focused on investing in the software technology sector with a specific focus on Artificial Intelligence, the Internet of Things and Immersive Technologies.

Enquiries:

 
Pires Investments plc        Tel: +44 (0) 20 3368 8961 
 Peter Redmond, Chairman 
 Nicholas Lee, Director 
Joint Broker 
 Peterhouse Capital Limited    Tel: +44 (0) 20 7469 0935 
 Duncan Vasey/Lucy Williams    Tel: +44 (0) 20 7469 0936 
Joint Broker 
 Tennyson Securities           Tel: +44 (0) 20 3167 7221 
 Peter Krens 
Financial media and PR 
 Yellow Jersey                 Tel: +44 (0) 20 3004 9512 
 Sarah Hollins 
 Henry Wilkinson 
 

Notes to Editors

About Pires Investments plc

Pires Investments plc (AIM: PIRI) is an investment company providing investors with access to a portfolio of next generation technology businesses with significant growth potential.

The Company is building an investment portfolio of high-tech businesses across areas such as Artificial Intelligence ("AI"), Internet of Things ("IoT"), Cyber Security, Machine Learning, Immersive Technologies and Big Data, which the Board believes demonstrate evidence of traction and the potential for exponential growth, due to increasing global demand for development in these sectors.

For further information, visit: https://piresinvestments.com/ .

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March 16, 2021 15:18 ET (19:18 GMT)

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