ImagineAR Inc (IPNFF)

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ImagineAR (OTCQB: IPNFF) Signs MOU with Global Digital Publishing Company to Purchase Volume of Three-year Platform SDK Licenses.

Source
https://finance.yahoo.com/news/imaginear-otcqb-ipnff-signs-mou-130000772.html?guccounter=1

March 1, 2023 at 2:00 PM

ImagineAR (CSE: IP) (OTCQB: IPNFF), a mobile Augmented Reality Company that enables sports teams, brands, and businesses to create their own dynamic mobile phone AR campaigns, announces it executed a non-binding Memorandum of Understanding with a global digital publishing company to purchase a minimum of 10 and a maximum of 25 three-year SDK mobile app licenses in 2023 for top global icons in sport, music, entertainment and gaming. Once the formal contract is signed, the SDK licenses are expected to generate revenue in the range between $200,000 CDN - $414,000 CDN per year for three years.

"After successfully partnering with this global client company in 2022, we have enhanced our partnership by executing an MOU for them to purchase a volume of three-year SDK licenses for delivering immersive holograms in mobile apps," said Alen Paul Silverrstieen, CEO and President of Imagine AR.

About ImagineAR
ImagineAR Inc. (CSE: IP) (OTC: IPNFF) is an augmented reality (AR) platform that enables sports teams and businesses of any size to create and implement dynamic mobile AR campaigns with no programming or technology experience. Every organization, from professional sports franchises to small retailers, can develop interactive AR campaigns that blend the real and digital worlds. Customers point their mobile devices at logos, signs, buildings, products, landmarks, and more to instantly engage videos, information, advertisements, coupons, 3D holograms and any interactive content all hosted in the cloud and managed using a menu-driven portal. Integrated real-time analytics means that all customer interaction is tracked and measured in real-time. The AR Enterprise platform supports both IOS and Android mobile devices and upcoming wearable technologies.

ON BEHALF OF THE BOARD
Alen Paul Silverrstieen
President & CEO
https://twitter.com/IPtechAR
https://www.linkedin.com/company/imagination-park-technologies-inc