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YDX Innovation Launches Three Covid-Safe Interactive Christmas Playgrounds in Shopping Malls

Monday, 07 December 2020 05:45 AM

YDX Innovation Corp.

VANCOUVER, BC / ACCESSWIRE / December 7, 2020 / YDX Innovation Corp. (TSXV:YDX)(OTC PINK:YDRMF)(FSE:APY1) ("YDX" or the "Company"), is pleased to announce that its subsidiary, YDreams Global ("YDreams") has launched 3 holiday themed interactive playgrounds in different shopping malls featuring immersive technologies that respect healthy protocols against Covid-19 and allows families to interactive in a safe way.

The playgrounds were commissioned by BR Malls group (the "Client"), responsible for 31 malls distributed in 12 Brazilian states and 23 cities.

"It's great to see revenues coming back from our traditional location-based streams, and we are seeing a fast recovery in our sales pipeline that bring a optimism for 2021, specially for bigger branded projects like the Embraer's Customer Experience Center, delivered earlier this year (https://youtu.be/Xdc8R3EBitE)." - Stated Karina Israel, COO of YDX Innovation and CEO of YDreams Global.

With the current ongoing pandemic, the client was looking for safe alternatives to create an immersive playground for its visitors. YDreams was able to create games and digital activities that create a magical space with a holiday theme.

"It's important to bring creative and safe alternatives to provide entertainment and a sense of normality," said Mr. Japiassu, CEO of YDX Innovation. "By using our touchless technologies, we can return some of the magic of this special time of the year, specially to the young ones. With everything going on, people are happy to live immersive experiences and have a little distraction for such a hard year."

YDreams Global was responsible for the design and execution of the three playgrounds, that were launched simultaneously in three different shopping malls operated by the Client. The interactive activations will be open to the public until the end of December.

YDX Innovation Corp., Monday, December 7, 2020, Press release picture

About YDX Innovation

YDX Innovation Corp. (TSXV: YDX :: www.ydxinnovation.com) is a global leader in the commercialization of immersive new technologies that incorporate virtual reality, augmented reality, esports and gaming. Its core business seeks to monetize through licensing its IP, developing interactive exhibitions and through esports tournaments and content.

Arkave VR Arena - https://sales.arkavevr.com/ - is a proprietary gaming platform that brings location based virtual reality to any location-based event or entertainment centre. Arkave features state-of-the-art free roam technology coupled with a vast library of both in-house and third party games.

YDreams Global - www.ydreamsglobal.com - has developed over 2,000 interactive and immersive experiences for some of the largest global brands including Disney, NBA, Adidas, Cisco, Nokia, Nike, Mercedes-Benz, Coca-Cola, Santander, AB InBev, Qualcomm, Unilever, Fiat and the City of Rio de Janeiro.

Purple Mage Advisors - www.purplemage.com - Purple Mage Advisors (PMA) is a research and data analysis firm that specializes in player recruitment and development in the gaming industry. PMA helps esports and gaming companies with industry reports, player recruitment, player training, data analysis and relevant statistical reporting.

RENDER - www.render.gg - Render is a professional video production studio specializing in crafting video content for YouTubers, Streamers, Teams and Brands. Render is highly specialized in gaming content, but also works with a wide variety of digital media.

More Information:

Daniel Japiassu
Director and CEO

[email protected]
(604) 704-6466
[email protected] | www.ydxinnovation.com | www.youtube.com/ydreamsglobal

This news release may contain "forward-looking statements" within the meaning of applicable Canadian securities laws, including, without limitation: the intention to acquire Amuka Esports; Thew new merged company be an immediate industry leader in delivering esports; that the combined company will be able to have a more streamlined operation workflow to better monetize its existing revenues stream. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties, and contingencies. These statements generally can be identified by the use of forward-looking words such as "may", "should", "will", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe" or "continue", or the negative thereof or similar variations. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause future results, performance or achievements to be materially different from the estimated future results, performance or achievements expressed or implied by those forward-looking statements and the forward-looking statements are not guarantees of future performance. The Company's statements expressed or implied by these forward-looking statements are subject to a number of risks, uncertainties, and conditions, many of which are outside of the Company's control, and undue reliance should not be placed on such statements. Forward-looking statements are qualified in their entirety by the inherent risks and uncertainties surrounding the Transaction, including: that the Company's assumptions in making forward-looking statements may prove to be incorrect; general adverse market conditions and competition; the inability to finance operations and/or obtain any future strategic investment necessary to implement new technologies; the inability to build a sustainable, conscientious company with a stronger presence online through new products in esports and VR; the inability to bring Virtual Reality to consumers directly and offer expertise in immersive technologies; and that market conditions related to the COVID-19 pandemic may negatively affect the outcome of the business or operations of the Company, including its results and financial condition. Except as required by securities law, the Company does not assume any obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: YDX Innovation Corp.

Topic:
Product Announcements
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