VANCOUVER, British Columbia, Sep 13, 2021 (GLOBE NEWSWIRE) – XRApplied Technologies Inc. (XRA or the Company) (CSE: XRA) The Company is pleased to announce the signing of a partnership with Hollywood Creative Academy (HCA) under a revenue sharing agreement. HCA offers students short video courses featuring global experts in the fields of AR / VR content creation, music, film / streaming, fashion and more. XRA will release a custom mobile app on iOS and Google Play, then provide ASO / SEO digital marketing services through its proprietary marketing platform to maximize downloads and user acquisition.
Matt Coleman, president of the Hollywood Academy, said: HCA and XRA will strive to become leaders in the burgeoning edutainment industry, which is expected to exceed $ 7.8 billion by 2025. Due new forms of learning in the last 18 months of the pandemic, the online education market is booming and we are seeing significant revenue and growth opportunities unfold. Speaking on behalf of XRA, Aleksey Andreychenko said that HCA would be a great proof of concept for what we can accomplish on the digital distribution side, which ultimately leads to monetization. We’re excited to be working with a great company that has great content solutions that we can help them monetize. The Hollywood Creative Academy will launch worldwide in the fourth quarter of 2021.
About the Hollywood Creative Academy.HCA produces exciting and engaging short video courses focused on the creative sector, providing exclusive access to entertainment leaders. Experts reveal behind-the-scenes secrets and knowledge in film / TV, streaming, music, fashion, and creative tech – such as AR / VR / MR content creation. HCA’s vision is to develop the next generation of top creators by delivering video tutorials, exclusive webinars, workshops and one-on-one sessions with industry leaders. Students will be able to access content from anywhere in the world. For more information:www.HollywoodCreativeAcademy.com
About XRApplied Technologies Inc. (XRA)
XRA is an immersive technology solutions provider specializing in delivering profitable AR / VR e-commerce applications to businesses large and small. We achieve this through a suite of exclusive products and services (AR catalog, toy gamification, AR application e-commerce, AR / VR interactive games) that we bring to the general public through our exclusive XRA marketing platform.
Further information on XRApplied is available under its profile on the SEDAR website, www.sedar.com, on the CSE website, www.thecse.com, and the company’s website, www.xrapplied.com
For more information about the company, please contact:
Peter of Alexandria
Spyrock Consulting Inc.
E-mail: [email protected]
Neither the Canadian Securities Exchange nor its regulatory services provider has reviewed or accepted responsibility for the adequacy or accuracy of this press release.
This press release contains forward-looking statements. Use of any of the words anticipate, continue, estimate, expect, may, will, plan, should, believe and similar expressions are intended to identify forward-looking statements. While the Company believes that the expectations and assumptions upon which forward-looking statements are based are reasonable, forward-looking statements should not be relied upon because the Company cannot guarantee that they will prove to be correct. Because forward-looking statements deal with future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently expected due to a number of factors and risks described in the Company’s MD&A under the Company’s profile at www.sedar.com. Although the Company may choose to do so, it does not undertake at any time to update this information.
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