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TechCru Inc. Secures Exclusive Sports Gaming Patents Through a Commercialization Partnership in Augmented and Virtual Reality

Wednesday, January 4, 2023 8:55 AM

LAS VEGAS, NV / ACCESSWIRE / January 4, 2023 / TechCru Inc., a next generation technology company focused on augmented and virtual reality within the sports gaming sector ("TechCru" or "the Company"), is pleased to announce an exclusive commercialization agreement with AR Sports. The partnership provides TechCru the exclusive representation and purchase rights to several AR Sports' gaming patents and its new advertising platform. The initial focus will be on Augmented Reality ("AR") and Virtual Reality ("VR") within the popular fantasy sports space.

TechCru Inc., Wednesday, January 4, 2023, Press release picture

TechCru and AR Sports are providing innovative solutions in the field of AR and VR, and this partnership is a testament to their shared vision of revolutionizing the way people experience sports in an immersive gaming experience. TechCru has the exclusive monetization and commercialization rights to all AR Sports' current mobile application augmented reality technologies, source code and digital assets.

The patent rights allow the Company to utilize the patents, any existing source code and digital assets in the pursuit of creating new mobile applications and expanding technology into content for other gaming platforms. The software features patent published interactive advertising through AR and geolocation technology that allows advertisers to quantify views, interactions, and redemption of advertising promotions.

"We are excited to have partnered with AR Sports as we position TechCru to be a leader in the sports gaming market", stated TechCru CEO, Robert Gayman. "By securing the AR/VR technology and process patents, we believe the patents will not only complement, but also expand upon our technology development capabilities and strategic partnerships. Our attendance at the upcoming Consumer Electronics Show is the perfect venue to showcase our technology and meet potential partners who share our optimism in this cutting-edge sector."

Fantasy sports games have grown in popularity exponentially over the past twenty years. According to a 2021 article in PlayStation Universe "The Growing Popularity of Fantasy Sports", there are more than 50 million fantasy sports players in North America and the number is increasing each year as next generation technologies and sports platforms enhance the user experience. The same article states the Global fantasy sports market is expected to reach US $38.6 billion in 2025.

The Company will be attending the Consumer Electronics Show (CES) in Las Vegas on January 5-8, 2023. The CES is touted as the most influential technology event in the world showcasing breakthrough technologies and global innovators. TechCru will be demonstrating its latest AR and VR gaming solutions, to include its AR sports gaming patents and advertising platform to attendees. The Company is excited to meet with industry leaders and potential partners at CES to demonstrate its leadership position in sports gaming within the AR and VR ecosystem.

About TechCru Inc.

TechCru Inc. is a technology development company. It focuses on next generation technologies in software and hardware systems. The primary focus of TechCru is on Gaming, Augmented Reality, Virtual Reality and Web Search. The initial focus will be in the areas of Fantasy Gaming, to include both search and advertising commercialization. The Company will develop for and sell into the following marketplaces: gaming, mobile applications, IT services, social media, SEO and the digital sales of products and services.

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Safe Harbor Provision:

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are forward-looking statements. The words "believe," "will," "may," "may have," "would," "estimate," "continues," "anticipates," "intends," "plans," "expects," "budget," "scheduled," "forecasts" and similar words are intended to identify estimates and forward-looking statements. Actual results and developments may be substantially different from the expectations described in the forward-looking statements for a number of reasons, many of which are not under our control, among them, the activities of our competition, the future global economic situation, weather conditions, market prices and conditions, exchange rates, and operational and financial risks. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set out in the Company's SEC filings. These risks and uncertainties could cause the Company's actual results to differ materially from those indicated in the forward-looking statements. The Company has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required.

Corporate Contact

Robert Gayman
Chief Executive Officer
TechCru Inc.
[email protected]

SOURCE: TechCru Inc.

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