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ImagineAR $IP.ca $IPNFF Announces Partnership with Global Sports Initiatives $DBO.ca $YDX.ca $SEV.ca $NTAR.ca

Posted by AGORACOM-JC at 8:30 AM on Tuesday, February 16th, 2021
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  • Announced a strategic partnership with Global Sports Initiatives (GSI).
  • GSI markets “digital infrastructure as a monetization service” to Sports, Esports, and Leagues throughout the world.
  • Mr. Molloy maintains regular communication with owners of Major League Baseball teams, as well as various NFL, NBA, NHL and MLS owners as well European football club leagues.

VANCOUVER, BC , Feb. 16, 2021  – ImagineAR (IP: CSE) (IPNFF: OTCQB) an Augmented Reality Company that enables sports teams, brands and businesses to instantly create mobile phone AR immersive engagement campaigns, is pleased to announce a strategic partnership with Global Sports Initiatives (GSI).  GSI markets “digital infrastructure as a monetization service” to Sports, Esports, and Leagues throughout the world.

Joseph A. Molloy , Managing Director of Global Sports Initiatives, Inc. stated Based on my personal experience as a former Owner and Managing Partner of the New York Yankees, I know that if today I were a current Owner of any sports team around the world, regardless of location, and I found out I could globalize fan engagement in seconds to exponentially create more revenue streams with very modest changes, that is something that I would certainly embrace. Sports globalization and technology are clearly the future and here to stay.”  Mr. Molloy maintains regular communication with owners of Major League Baseball teams, as well as various NFL, NBA, NHL and MLS owners as well European football club leagues.

“We can quickly and cost effectively turn any stadium or venue around the globe into its own “Smart” content production studio. ImagineAR technology is our exclusive Augmented Reality provider, and we are now the only company in the world who can globally distribute content in new immersive and interactive ways” stated Kevin J. Meredith, Esq. , CEO of Global Sports Initiatives, Inc..

“ImagineAR has started working with GSI targeting sports franchises and leagues,” said Alen Paul Silverrstieen, CEO and President of Imagine AR. “We are optimistic this partnership will generate new revenue opportunities for both companies.”

Read More: https://agoracom.com/ir/Imaginear/forums/discussion/topics/755393-imaginear-announces-partnership-with-global-sports-initiatives/messages/2303792#message

ImagineAR $IP.ca $IPNFF Announces Blue United Corporation as its Official Agency for Japan Expansion $DBO.ca $YDX.ca $SEV.ca $NTAR.ca

Posted by AGORACOM-JC at 8:00 AM on Wednesday, February 10th, 2021
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  • Announced a partnership with Blue United Corporation as its official agency to launch the ImagineAR Augmented Reality Platform in Japan
  • Blue United clients include Kashima Antlers, Matsumoto Yamaga , Yanmar, Under Armour, Omiya Ardija and the Pacific League Marketing (holding that represents the commercial interests of 6 teams of the Japanese Baseball League) and Sevilla FC, among others.

VANCOUVER, BC, Feb. 10, 2021 – ImagineAR (CSE: IP) (OTCQB: IPNFF) an Augmented Reality Company that enables sports teams, brands and businesses to instantly create mobile phone AR campaigns, is pleased to announce a partnership with Blue United Corporation as its official agency to launch the ImagineAR Augmented Reality Platform in Japan.  Blue United clients include Kashima Antlers, Matsumoto Yamaga , Yanmar, Under Armour, Omiya Ardija and the Pacific League Marketing (holding that represents the commercial interests of 6 teams of the Japanese Baseball League) and Sevilla FC, among others.

Blue United Corporation is a marketing, PR, and business development agency with offices in New York , Tokyo and Nagano . With a vast experience in International expansion and business development, Blue United Corporation, focuses on elevating brands on a global scale and help them on expanding internationally (business development and expansion, PR/Communications, social media, marketing, etc.), owns and manages the only football professional tournament between club teams that are part of the Pacific Rim Region (Pacific Rim Cup), and is the owner of esports Blue United eFC, current Asian champion of FIFA.

ImagineAR believes Blue United’s experience will significantly accelerate the Company’s presence and sales throughout Japan , a strategic new market for ImagineAR.

Takehiko Nakamura , CEO of Blue United, said; “ImagineAR is the most advanced sports fan engagement Augmented Reality platform in the global market today and we are excited to assist the company to launch its sales and marketing initiatives in Japan . Sports teams can drive new fan engagement and brand activation using ImagineAR and the Japan sports market requires this type of advanced immersive mobile experiential platform to drive new revenue streams.”

Read More: https://agoracom.com/ir/Imaginear/forums/discussion/topics/755071-imaginear-otcqb-ipnff-announces-blue-united-corporation-as-its-official-agency-for-japan-expansion/messages/2303014#message

ImagineAR $IP.ca $IPNFF Partners with the Black Owned Institute for Black History Month Initiatives $DBO.ca $YDX.ca $SEV.ca $NTAR.ca

Posted by AGORACOM-JC at 8:16 AM on Monday, February 8th, 2021
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  • Providing its augmented reality self-service platform to support the Black Owned Institute for its Black History Month initiatives.
  • The after-school initiative program is operated by BlackOwned.com which seeks to unite and catalyze the efforts of black business people to generate value in American society.

VANCOUVER, BC and ERIE, Pa., Feb. 8, 2021 – Imagine AR Inc (CSE: IP) (OTCQB: IPNFF) an Augmented Reality Company that enables businesses, organizations, and brands to instantly create their own mobile phone AR campaigns, is providing its augmented reality self-service platform to support the Black Owned Institute for its Black History Month initiatives. The after-school initiative program is operated by BlackOwned.com which seeks to unite and catalyze the efforts of black business people to generate value in American society.

“Our mission is to help African Americans learn about their heritage by overhauling how Black history is taught in schools,” stated Pamela F. Nichols , President of BlackOwned, CEO of Black Owned Institute and Black Talent Hub. “We are excited to launch our Black History Month program featuring ImagineAR’s augmented reality platform available on any mobile phone which will enhance our distribution and help build our AR network for future programs.

The ImagineAR program includes using the ImagineAR mobile app to deliver a historical video message about the program from a group of educational influencers from the Black Owned Institute. Educators and students will be asked to download the ImagineAR app and scan an African Historical image to instantly experience the video on their mobile phone. In the future, ImagineAR’s platform will create trophy cards to be used for social media programs to extend program awareness and create fun interaction for the students.

Neal Bendesky , Vice President of Sales for ImagineAR Inc., said, “We are proud to support the BlackOwned and their Black Owned Institute for their enhanced school outreach program. Pamela Nichols and CEO Quentin Anderson’s commitment as a stakeholder in African Historical Studies is the type of leadership that represents necessary strides in our country. We’re excited to utilize our platform to create social media activations and build the BlackOwned’s AR community as they strive to generate support for their youth education activities.”

Read More: https://agoracom.com/ir/Imaginear/forums/discussion/topics/754884-imaginear-otcqb-ipnff-partners-with-the-black-owned-institute-for-black-history-month-initiatives/messages/2302629#message

ImagineAR $IP.ca $IPNFF Signs Multi-Year Agreement with Footsteps to Freedom & Black Voice Foundation $DBO.ca $YDX.ca $SEV.ca $NTAR.ca

Posted by AGORACOM-JC at 8:15 AM on Tuesday, February 2nd, 2021
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  • Announced a three-year partnership agreement with Footsteps to Freedom LLC and Black Voice Foundation Inc., to provide a white-label mobile AR app subscription platform.
  • This partnership will deliver immersive (AR) Augmented Reality experiences to bring history, primary source artifacts and the heroic stories of the Underground Railroad to ‘life’ for educational purposes.
  • This new AR subscription platform will be the central resource of history and primary source to experience papers, books and artifacts that are over 200 years old.

VANCOUVER , CANADA, ERIE, PA and RIVERSIDE, CA , Feb. 2, 2021 – ImagineAR, an Augmented Reality Company that enables businesses, organizations, and brands to instantly create their own mobile phone AR campaigns, is honored to announce a three-year partnership agreement with Footsteps to Freedom LLC and Black Voice Foundation Inc., to provide a white-label mobile AR app subscription platform.  This partnership will deliver immersive (AR) Augmented Reality experiences to bring history, primary source artifacts and the heroic stories of the Underground Railroad to ‘life’ for educational purposes. This new AR subscription platform will be the central resource of history and primary source to experience papers, books and artifacts that are over 200 years old.  Financial terms of this agreement have not been disclosed.

Hardy Brown II , Managing Principal Footsteps to Freedom and Chairman, Black Voice Foundation said; “ImagineAR is an advanced digital immersive communication platform which will deliver the impact of our work in historical empathy with next generation mobile experiences. We are expecting to introduce this AR program to over 50 school districts and over 1 million students in Southern California ( San Bernardino , Riverside and Los Angeles counties).   We are truly excited to integrate AR into our exhibits and Underground Railroad tours.”

ImagineAR believes this multi-year partnership, as well as being recognized as a national sponsor for these programs, clearly demonstrates the company’s commitment to diversity, inclusion and more importantly, conversations of historical empathy and learning each others’ story.

Read More: https://agoracom.com/ir/Imaginear/forums/discussion/topics/754417-imaginear-signs-multi-year-agreement-with-footsteps-to-freedom-black-voice-foundation/messages/2301560#message

ImagineAR $IP.ca $IPNFF Announces Masa Ishimitsu as Advisor to CEO For Spearheading Expansion into Japan $DBO.ca $YDX.ca $SEV.ca $NTAR.ca

Posted by AGORACOM-JC at 8:16 AM on Monday, February 1st, 2021
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  • Announce that Masa Ishimitsu has joined the Company as an Advisor to the CEO for the purposes of launching ImagineAR platform marketing and sales in Japan .
  • Mr. Ishimitsu is a former President of major companies in Japan including Solo Cup Japan & Asia Pacific Limited, SPXFlow Technology Japan, and Misawa Homes of America .
  • ImagineAR believes Mr. Ishimitsu will significantly accelerate the Company’s presence and sales throughout Japan and the Far East.

VANCOUVER, BC , Feb. 1, 2021 – ImagineAR (CSE: IP) (OTCQB: IPNFF) an Augmented Reality Company that enables sports teams, brands and businesses to instantly create their own mobile phone AR campaigns, is pleased to announce that Masa Ishimitsu has joined the Company as an Advisor to the CEO for the purposes of launching ImagineAR platform marketing and sales in Japan . Mr. Ishimitsu is a former President of major companies in Japan including Solo Cup Japan & Asia Pacific Limited, SPXFlow Technology Japan, and Misawa Homes of America . ImagineAR believes Mr. Ishimitsu will significantly accelerate the Company’s presence and sales throughout Japan and the Far East.

Masa Ishimitsu said “ImagineAR is the most advanced AR platform in the market today and I am excited to launch the company’s sales and marketing initiatives in Japan . Its simple platform means that organizations can almost instantly start engaging their customers and fans at a time when recovery and renewed market positions are essential. As consumers are slowly returning to stores and sports are coming back, information, offers and simple engagement will need to be more dynamic and shareable.”

Mr. Ishimitsu continued “ImagineAR lets marketing ideas get creative and conversations around brands to escalate, enabling experimentation at value and speed unlike other current AR solutions. AR industry in Japan is still at a very early stage of development and this means potentially a great opportunity for ImagineAR to capture market share. Also, Canada is my second home as I am a graduate of high school and the University in Victoria , B,C.. Having spent over 35 years in the international business, together with my bilingual and bicultural background, I am truly excited to be a part of Imagine AR’s team to develop the business in Japan .”

“Mr. Ishimitsu brings an impressive track record of success with major international companies expanding into Japan ,” said Alen Paul Silverrstieen, CEO and President of Imagine AR. “ImagineAR will continue our aggressive global expansion this year.”

This press release is available on the Company’s AGORACOM Discussion Forum , a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.

Read More: https://agoracom.com/ir/Imaginear/forums/discussion/topics/754317-imaginear-otcqb-ipnff-announces-masa-ishimitsu-as-advisor-to-ceo-for-spearheading-expansion-into-japan/messages/2301341#message

ImagineAR $IP.ca $IPNFF and Interactive Marketing Promotions to Deliver Augmented Reality Engagements to US Automobile Event Marketplace $DBO.ca $YDX.ca $SEV.ca $NTAR.ca

Posted by AGORACOM-JC at 7:47 AM on Thursday, January 28th, 2021
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Three-year $150,000 SDK licensing and revenue sharing agreement executed.

  • Announced the execution of a three-year $150,000 SDK licensing plus revenue sharing agreement to deliver Augmented Reality (“AR”) immersive experiences integrated with the new IMP Event App ( www.touchaprize.com ).  
  • In 2019, IMP successfully delivered an AR Scavenger Hunt for the Greater Milwaukee Auto Show presented by Adamm. IMP recent Auto Show clients include: Greater Milwaukee , Alabama , St. Louis , Hawaii International, Sacramento , Orlando , Tampa and other Motor Trend shows.

VANCOUVER, BC and ERIE, Pa, Jan. 28, 2021 – Imagine AR Inc. (CSE:IP) (OTCQB: IPNFF) (“ImagineAR”) and Interactive Marketing Promotions  (“IMP) , are excited to announce the execution of a three-year $150,000 SDK licensing plus revenue sharing agreement to deliver Augmented Reality (“AR”) immersive experiences integrated with the new IMP Event App ( www.touchaprize.com ).  In 2019, IMP successfully delivered an AR Scavenger Hunt for the Greater Milwaukee Auto Show presented by Adamm. IMP recent Auto Show clients include: Greater Milwaukee , Alabama , St. Louis , Hawaii International, Sacramento , Orlando , Tampa and other Motor Trend shows.

Using ImagineAR’s licensed AR SDK and cloud-based studio suite, IMP will be delivering immersive AR engagements for manufacturers to consumers attending online virtual and near future in-person automobile shows throughout North America.  In addition to on-site and virtual AR Scavenger Hunts, AR will be used to place leading product experts from automobile manufacturers virtually ‘on location’ with the consumer to provide new model information as either an avatar or hologram.

“ImagineAR continues to be the global leader in delivering dynamic mobile augmented reality engagements.  By integrating the ImagineAR platform with our IMP app, we are providing automobile shows the most advanced interactive consumer attendee engagement solution and data capture tool,” said Bob Kames, CEO IMP .

Read More: https://agoracom.com/ir/Imaginear/forums/discussion/topics/754103-imaginear-and-interactive-marketing-promotions-to-deliver-augmented-reality-engagements-to-us-automobile-event-marketplace/messages/2300725#message

ImagineAR $IP.ca $IPNFF Announces Partnership with BookYourStadium.com in Spain $DBO.ca $YDX.ca $SEV.ca $NTAR.ca

Posted by AGORACOM-JC at 7:49 AM on Monday, January 25th, 2021
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  • Announced a partnership agreement with BOOK YOUR STADIUM www.bookyourstadium.com ) to deliver ‘one-of-a-kind’ AR experiences from historical soccer clubs in LaLiga ( Spain ) to fans around the world. 
  • The clubs which BOOK YOUR STADIUM is currently offering in the platform are REAL MADRIDCF , REAL SOCIEDAD CF , REAL VALLADOLID CF, VALENCIA CF, ATHLETIC CLUB CA OSASUNA , REAL BETIS BALOMPIÉ, and RC CELTA .
  • Throughout 2021, several national and international clubs are expected to join the platform.

VANCOUVER, BC and ERIE, Pa. , Jan. 25, 2020 – ImagineAR (IP:CSE) (IPNFF:OTCQB) an Augmented Reality company that enables sports teams, entertainers, brands and businesses to instantly create immersive global mobile phone AR campaigns, is excited to announce a partnership agreement with BOOK YOUR STADIUM www.bookyourstadium.com ) to deliver ‘one-of-a-kind’ AR experiences from historical soccer clubs in LaLiga ( Spain ) to fans around the world.  The clubs which BOOK YOUR STADIUM is currently offering in the platform are REAL MADRIDCF , REAL SOCIEDAD CF , REAL VALLADOLID CF, VALENCIA CF, ATHLETIC CLUB CA OSASUNA , REAL BETIS BALOMPIÉ, and RC CELTA . Throughout 2021, several national and international clubs are expected to join the platform.

Joaquín Martínez, CEO of BOOK YOUR STADIUM , states: ” We have developed a revolutionary online e-commerce fan engagement site and incorporated ‘best of breed’ innovative digital products. ImagineAR is a leader for sports fan AR engagement and we are going to partner on unique fan AR immersive experiences featuring top LaLiga soccer club players. Additionally, we are now an authorized ImagineAR partner to market their SDK platform to LaLiga clubs for integration into their existing mobile apps which are used by tens of millions of fans around the world.”

BOOK YOUR STADIUM www.bookyourstadium.com ), currently available in Spanish, is expected to be available in English in February 2021 and expand globally.   Initially, soccer fans can choose from over 200 experiences, adapted to the current health restrictions, to select from historical clubs in LaLiga. Some examples of experiences available include: access to virtual match experiences with exclusive content and games, e-sports matches with football players, Immersive AR experiences, virtual autographs, original match day events, or enjoy club lunch at home. In addition, there is the option of the SPORTBOX® , a themed gift box full of surprises with selected experiences from some clubs.

Read More: https://agoracom.com/ir/Imaginear/forums/discussion/topics/753838-imaginear-announces-partnership-with-bookyourstadium-com-in-spain/messages/2300007#message

ImagineAR $IP.ca $IPNFF and $KABN.ca North America Bring Augmented Reality to Liquid Avatar’s Verified Self Sovereign Identity Users $DBO.ca $YDX.ca $SEV.ca $NTAR.ca

Posted by AGORACOM-JC at 8:18 AM on Tuesday, January 12th, 2021
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  • Announced the execution of a three-year $150,000 SDK licensing agreement to launch Augmented Reality immersive experiences integrated with Liquid Avatar ( www.liquidavatar.com ). 
  • Liquid Avatar empowers user to manage, control and gain value from their biometrically verified Self Sovereign Identity and personal data ownership.
  • Using ImagineAR’s licensed AR SDK and cloud-based studio suite, KABN will deliver a series of dynamic AR interactions to Liquid Avatar mobile app users starting in early 2021.

TORONTO , VANCOUVER, BC and ERIE, Pa., Jan. 12, 2021  – Imagine AR Inc. (CSE: IP) (OTCQB: IPNFF) (” ImagineAR “) and KABN Systems NA Holdings Corp. ( CSE:KABN / OTC:TRWRF / FRA:4T51 ) (the ” Company “, ” KABN North America ” or ” KABN NA “), are excited to announce the execution of a three-year $150,000 SDK licensing agreement to launch Augmented Reality (“AR”) immersive experiences integrated with Liquid Avatar ( www.liquidavatar.com ).  Liquid Avatar empowers user to manage, control and gain value from their biometrically verified Self Sovereign Identity and personal data ownership.

Using ImagineAR’s licensed AR SDK and cloud-based studio suite, KABN will deliver a series of dynamic AR interactions to Liquid Avatar mobile app users starting in early 2021.  Liquid Avatar users will experience immersive consumer AR-based social, event, educational and information-based messages.  Commercial enterprises and media companies will present dynamic measurable interactive AR offers to Liquid Avatar users knowing the consumer is real and verified thereby significantly reducing marketing waste and breakage.  The range of opportunities are potentially limitless as Liquid Avatar’s Self Sovereign Identity platform is addressable to up to 100% of all online users.

Liquid Avatar users will soon be able to create and share interactive 3D greetings and messages that are automatically integrated with their Liquid Avatar icons and can be experienced inside the Liquid Avatar app.  Liquid Avatar users will also be able to share AR enabled resumes, invitations, event programs, and other information with their social connections.  Additionally, Liquid Avatar is exploring interactive digital wallets, which will allow users to easily visualize all their in-wallet verifiable access and identity credentials, like those for healthcare, gaming, travel, financial services, education, ecommerce, and government services.

“Augmented Reality provides a new way to see the world around us and allows KABN to empower Liquid Avatar’s known and verified users to take advantage of this interactive technology to engage with friends, family, and other connections,” said David Lucatch , CEO KABN . “ImagineAR’s platform provides immersive experiences and an effective way for us to instantly deliver AR opportunities to our constituents, therefore creating revenue and value opportunities for our expanding user base.”

Read More: https://agoracom.com/ir/Imaginear/forums/discussion/topics/752791-imaginear-and-kabn-north-america-bring-augmented-reality-to-liquid-avatar-s-verified-self-sovereign-identity-users/messages/2297165#message

ImagineAR $IP.ca $IPNFF Featured in Global Sports Innovation Center (GSIC) White Paper “Next-Generation Fan Engagement: The Coming Together of Content, Commercial, Code & The Consumer” $DBO.ca $YDX.ca $SEV.ca $NTAR.ca

Posted by AGORACOM-JC at 8:32 AM on Thursday, January 7th, 2021
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  • Announced it is one of six global companies featured in the GSIC White Paper augmented reality fan engagement case study to be published and formally presented on January 19, 2021 .
  • ImagineAR CEO Alen Paul Silverrstieen will be a panelist on the global webcast presentation.
  • The “Next-Generation Fan Engagement: The Coming Together of Content, Commercial, Code & The Consumer” by GSIC (powered by Microsoft), white paper is divided into two parts – the first half details how the historical business model of Sport is gradually eroding due to the fragmentation of audiences due to the proliferation of smart phones and 4G data connectivity.

VANCOUVER, BC and ERIE, Pa. , Jan. 7, 2021 – Imagine AR Inc. (CSE: IP) (OTCQB: IPNFF) (“ImagineAR” or “Company”) an Augmented Reality Company that enables sports teams, businesses, and organizations to create instant AR engagement and activation global campaigns without a technical background, is pleased to announce it is one of six global companies featured in the GSIC White Paper augmented reality fan engagement case study to be published and formally presented on January 19, 2021 . ImagineAR CEO Alen Paul Silverrstieen will be a panelist on the global webcast presentation.

The “Next-Generation Fan Engagement: The Coming Together of Content, Commercial, Code & The Consumer” by GSIC (powered by Microsoft), white paper is divided into two parts – the first half details how the historical business model of Sport is gradually eroding due to the fragmentation of audiences due to the proliferation of smart phones and 4G data connectivity. The second half details innovative fan engagement solutions that deliver commercial and strategic benefits by using next- generation technologies such as augmented reality, computer vision & blockchain.

The ImagineAR case study features the Louisville Bats baseball team, Cincinnati Reds Triple-A Affiliate, Restaurant Augmented Reality Mascot Partnership Program from early 2020. Click to learn more .

ImagineAR CEO, Alen Paul Silverrstieen said “The GSIC, powered by Microsoft, is a highly respected global organization consulting with many of the leading sports organizations and teams. We are honored to be included as a mobile augmented reality case study in this new white paper. It will further enhance our status as a leader in sports fan engagement using AR and create new global sales opportunities.”

Read More: https://agoracom.com/ir/Imaginear/forums/discussion/topics/752524-imaginear-featured-in-global-sports-innovation-center-gsic-white-paper-next-generation-fan-engagement-the-coming-together-of-content/messages/2296445#message

ImagineAR $IP.ca $IPNFF Provides Shareholders with 2020 Calendar Year Update, Including Record $775,000 in Executed Contracts $DBO.ca $YDX.ca $SEV.ca $NTAR.ca

Posted by AGORACOM-JC at 7:09 AM on Wednesday, December 23rd, 2020
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  • Though the Company has executed contracts totaling approximately $775,000 in the calendar year, the value of these contracts will not be fully reflected in the fiscal year financials due to the fact some of the agreements were signed after August 31.
  • Moreover, given the SaaS business model of the Company, revenues are recognized pro-rata over the life of the term of each contract, which can range from 1 – 5 years.
  • Nonetheless, the approximate $775,000 record revenue from these contracts will be received and recognized by the Company.

VANCOUVER, BC , Dec. 23, 2020 – Imagine AR Inc. (CSE: IP) (OTCQB: IPNFF) (“ImagineAR” or “Company”) an Augmented Reality Company that enables businesses, sports teams and organizations to create instant AR campaigns without a technical background, is pleased to provide investors with a corporate update for calendar 2020, the Company’s best year. Specifically, the Company set records in two key performance indicators (KPI’s):

Total Executed AR Contracts$775,000 *
Total Proceeds from Financing$6,000,000 (approximate)
* Approximate Augmented Reality Enterprise, White Label, and SDK contracts

ImagineAR CEO, Alen Paul Silverrstieen said “By every KPI, ImagineAR turned in its best calendar year performance ever.  Despite the early negative impact to our sales pipeline as a result of COVID-19 shutting down live events, the pendulum swung quickly as sports teams, corporations and entertainers turned to augmented reality to generate new revenue opportunities through our platform’s ability to create direct mobile engagement and activations.  We are very proud of our performance from both a sales and technology development point of view.”

The Company is filing its audited 2020 financials and MD&A for the fiscal year ended August 31, 2020 on SEDAR by the end of this month.  Though the Company has executed contracts totaling approximately $775,000 in the calendar year, the value of these contracts will not be fully reflected in the fiscal year financials due to the fact some of the agreements were signed after August 31.

Moreover, given the SaaS business model of the Company, revenues are recognized pro-rata over the life of the term of each contract, which can range from 1 – 5 years. Nonetheless, the approximate $775,000 record revenue from these contracts will be received and recognized by the Company.

Silverrstieen added “Looking forward into 2021, though COVID-19 was a significant short-term catalyst in 2020, our pipeline clearly indicates it also accelerated the inevitable adoption of AR by 2-3 years, leading to our confident expectation that 2021 will see even greater increases than 2020. We fully expect to deliver news related to new contract wins in early 2021.”

Major New Global Clients

The Company had its best year of augmented reality contracts around the world in 2020.

  • Five Year White Label Contract with SlapitOnAR, a company owned and operated by true legends in the world of sports in the United States . CEO Mike Vanderjagt , NFL All-Pro Placekicker is the founder and his partners include Johnny Damon (MLB), Mike Modano (NHL), Troy Aikman (NFL), Steve Smith (NBA), and Cobi Jones (MLS).
  • Five Year White Label Contract with WaV Sports & Entertainment starting with a launch of the NFL Alumni Academy Subscription Mobile App early 2021.
  • Two Year Partnership with Valencia CF of La Liga in Spain installing the ImagineAR SDK in December 2020 .
  • Two Year Partnership with Royal Sociedad of La Liga in Spain installing the ImagineAR SDK in February 2021 .
  • Shoppers Drug Mart White Label Contract for Company-wide Training in 2021.
  • Business Partnership with India Music Superstar Ananya Birla to Launch ImagineAR for Consumers and Business in India . Ananya music videos have over 350 million views across all social platforms.

North American AR Consumer Campaigns

The Company launched three major consumer AR campaigns in North America .

  • Jacob “Stitch” Duran Promotion for the Fury vs. Wilder 2 Heavyweight Championship.
  • In partnership with the Broward Education Foundation, Flo Rida AR Campaign was launched in June 2020 . This AR campaign was covered in the United States by NBC, CBS, NPR, NY Times, Forbes, and many other media publications.
  • Free Virtual Santa Claus ImagineAR campaign was launched in December 2020 and has been already featured in media including CBS, The Guardian, KTLA, Military Families, and others.

$6,000,000 From Financing & Warrant Redemptions

Confidence in the Company’s augmented reality abilities was also demonstrated by the capital markets with ImagineAR receiving record proceeds from financing in 2020 of approximately $6,000,000 , including approximately $4,500,000 from the exercise of warrants over this summer.  As a result, the Company is well financed for growth through to the end of 2021.

HOLIDAY WISHES

The Company wishes its investors in North America and across the world safe and happy holidays.

Most of all, ImagineAR extends its thanks and appreciation to all shareholders for their support and looks forward to achieving even greater things together in 2021.

This News Release is available on the company’s CEO Verified Discusion Forum , a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.

About ImagineAR

ImagineAR Inc. (CSE: IP) (OTC: IPNFF) is an augmented reality (AR) platform, ImagineAR.com, that enables businesses of any size to create and implement their own 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 simply point their mobile device 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.

All trademarks of the property of respective owners.

ON BEHALF OF THE BOARD

Alen Paul Silverrstieen
President & CEO

(818) 850-2490
https://twitter.com/IPtechAR
https://www.facebook.com/imaginationparktechnologies
https://www.instagram.com/iptechar
https://www.linkedin.com/company/imagination-park-technologies-inc

We encourage you to do your own due diligence and ask your broker if ImagineAR Inc. (cse: IP) is suitable for your particular investment portfolio*.

The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release. This press release may include ‘forward-looking information’ within the meaning of Canadian securities legislation, concerning the business of the Company. The forward-looking information is based on certain key expectations and assumptions made by Imagination Park’s management. Although ImagineAR believes that the expectations and assumptions on which such forward- looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because ImagineAR can give no assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release, and ImagineAR disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.