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RNS Number : 4331D Engage XR Holdings PLC 03 April 2025
Reach
03 April 2025
ENGAGE XR Holdings Plc
("ENGAGE XR" or the "Group")
ENGAGE XR Announces AI Showcase at ASU+GSV Summit, Titanic VR Launch, and
ENGAGE 4.0 Rollout
ENGAGE XR Holdings, a leading provider of immersive communications technology,
is pleased to announce its participation at the ASU+GSV Summit in San Diego,
California, from 5-7 April 2025.
This year's summit theme, "AI Revolution", aligns strongly with ENGAGE XR's
strategic focus on AI-enhanced immersive technology. ENGAGE XR has been
invited to the summit by Meta and will feature at its booth, showcasing its
latest AI-powered tools designed to transform collaboration, education, and
enterprise engagement within the metaverse.
Separately, ENGAGE XR is pleased to announce the impending release of Titanic
VR, timed to coincide with the anniversary of the Titanic's sinking in April
1912. The experience offers full interior and exterior exploration of the
Titanic wreck, including both halves of the ship and a detailed sinking
sequence. Further expanding ENGAGE XR's immersive content portfolio, Titanic
VR will be available on Meta Quest 3 for one-off purchase via the education
experiences section of the Meta Store. Additionally, it will be included in
Engage XR's comprehensive K12 Software Bundle
(https://engagevr.io/k12-virtual-education-offer/) for education providers.
The Company also confirms the official release of ENGAGE 4.0, which introduces
a reimagined collaboration platform, positioning itself as the ultimate
interactive whiteboard replacement for enterprise and education users. Key to
this release is full integration with the Logitech MX Ink stylus, supporting
Meta Quest 2, Quest 3, and Quest 3S headsets.
Features include:
· Support for both left- and right-handed users
· Pressure-sensitive line control
· 3D air drawing capabilities
· Enhanced navigation within the platform
· Numerous performance and usability enhancements
This strategic integration with Logitech's hardware ecosystem strengthens
ENGAGE XR's positioning in the remote collaboration market and supports
ongoing growth in both education and enterprise adoption.
View the ENGAGE 4.0 release video here: ENGAGE Version 4.0 Release - YouTube
(https://www.youtube.com/watch?v=SgzuzW_Gtuo)
David Whelan, CEO of ENGAGE XR, commented: "Our presence at the ASU+GSV
Summit, combined with the release of ENGAGE 4.0 and Titanic VR, underscores
how we are leveraging innovation to drive the Company forward. We're excited
to showcase how AI and immersive tech are reshaping industries, and ENGAGE XR
is at the forefront of that transformation."
For further information, please contact:
ENGAGE XR Holdings Plc Tel: +353 87 665 6708
David Whelan, CEO info@engagexr.co
Séamus Larrissey, CFO
Sandra Whelan, COO
Cavendish Capital Markets Limited (Nominated Adviser & Broker) Tel: +44 (0) 20 7220 0500
Marc Milmo / Seamus Fricker (Corporate finance)
Sunila de Silva (ECM)
SEC Newgate (Financial Communications) Tel: +44 (0)7540 106 366
Robin Tozer / Tom Carnegie / Naz Zandi engage@secnewgate.co.uk
About ENGAGE XR
ENGAGE XR Holdings plc (AIM: EXR) has developed ENGAGE, an immersive training,
education and collaboration platform, offering cutting-edge VR/AR tools and
environments that elevate employee training and student outcomes. Trusted by
enterprise and educational clients worldwide, ENGAGE leverages the
transformative power of spatial computing to revolutionize onboarding, sales
meetings, product demos and a host of other vital business operations.
For further information, please visit: https://engagevr.io/
(https://engagevr.io/)
(LinkedIn: @Engage XR Holdings plc Twitter: @engage_xr)
Forward-Looking Statements
Certain statements made in this announcement are forward-looking statements.
These forward-looking statements are not historical facts but rather are based
on the Group's current expectations, estimates, and projections about its
industry; its beliefs; and assumptions. Words such as 'anticipates,'
'expects,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates,' and similar
expressions are intended to identify forward-looking statements. These
statements are not guarantees of future performance and are subject to known
and unknown risks, uncertainties, and other factors, some of which are beyond
the Group's control, are difficult to predict, and could cause actual results
to differ materially from those expressed or forecasted in the forward-looking
statements.
The Group cautions security holders and prospective security holders not to
place undue reliance on these forward-looking statements, which reflect the
view of the Group only as of the date of this announcement. The
forward-looking statements made in this announcement relate only to events as
of the date on which the statements are made. The Group will not undertake any
obligation to release publicly any revisions or updates to these
forward-looking statements to reflect events, circumstances, or unanticipated
events occurring after the date of this announcement except as required by law
or by any appropriate regulatory authority.
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