Engage XR Holdings PLC Commercial reseller agreement signed with Lenovo (9641G)
2022年11月21日 - 4:00PM
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TIDMEXR
RNS Number : 9641G
Engage XR Holdings PLC
21 November 2022
21 November 2022
ENGAGE XR Holdings Plc
("ENGAGE XR" or the "Group")
Commercial reseller agreement signed with Lenovo
ENGAGE XR Holdings Plc (AIM: EXR; Euronext Growth: EXR), a
leading metaverse technology company, has signed a commercial
reseller agreement ("The Agreement") with Lenovo(TM), one of the
world's largest computer manufacturing and smartphone
companies.
The Agreement covers the resale and distribution of end user
licenses by Lenovo for the Group's proprietary software platform,
ENGAGE and for metaverse production services targeted at Lenovo's
enterprise clients. ENGAGE XR and Lenovo will work together on the
sales and marketing of ENGAGE XR's metaverse for business, ENGAGE
Link. Lenovo is one of 14 launch partners, and it is building its
own virtual world within ENGAGE Link. As part of The Agreement,
Lenovo will sell ENGAGE licenses and services through its own
distribution and sales channels to its customers, targeting those
businesses seeking to enter the metaverse. The Agreement follows
the announcement of Lenovo's plans to launch a new all-in-one
virtual reality (VR) headset engineered for enterprise customers
called The Lenovo ThinkReality VRX. The headsets will be available
in select markets worldwide starting in early 2023.
Launched earlier this month, ENGAGE Link has been developed by
the Group as a metaverse platform designed for corporations,
professionals, education organisations, and event organisers.
ENGAGE Link allows enterprises to use the metaverse to create their
own virtual worlds to provide services directly to their own
clients and to engage with employees and suppliers. Here is the
latest demonstration: https://youtu.be/FM798SSv9rE
David Whelan, CEO, ENGAGE XR said: "Many of Lenovo's clients,
including leading Fortune500 companies, are looking to enter the
metaverse. This Agreement will help establish ENGAGE as the
business platform of choice for these organisations. We know how
well ENGAGE runs on all Lenovo's devices, including PCs, Phones,
Tablets and the soon to be released ThinkReality VRX headset, which
has been designed for enterprise use.
"This agreement is a huge endorsement of the ENGAGE platform.
Having worked closely with us on the launch of ENGAGE Link, it is
fantastic that Lenovo want to put us forward as a metaverse
solution for their biggest clients. Lenovo has an incredibly
successful sales and marketing operation, shifting tens of millions
of product units every year around the world. We believe the
combination of our platform, Lenovo's client list and its global
sales function will deliver tangible results for the Group in
2023."
For further information, please contact:
ENGAGE XR Holdings Plc Tel: +353 87 665
David Whelan, CEO 6708
Séamus Larrissey, CFO info@engagexr.co
Sandra Whelan, COO
finnCap Ltd (Nominated Adviser & Tel: +44 (0) 20
Joint Broker) 7220 0500
Marc Milmo/ Seamus Fricker (Corporate
Finance)
Sunila de Silva / Harriet Ward (ECM)
Shard Capital Partners LLP (Joint Tel: +44 (0) 20
Broker) 7186 9952
Damon Heath / Erik Woolgar
Davy (Joint Broker & Euronext Growth Tel: +353 1 679
Listing Sponsor) 6363
Barry Murphy / Lauren O'Sullivan
/ Oisin Morgan
SEC Newgate (Financial Communications) Tel: +44 (0)7540
Robin Tozer / Isabelle Smurfit 106 366
engage@secnewgate.co.uk
About ENGAGE XR
ENGAGE XR Holdings plc (AIM: EXR; Euronext Growth: EXR) is
metaverse technology company focused on becoming a leading global
provider of virtual communications solutions through its new fully
featured corporate metaverse, ENGAGE Link.
The Company also has a proprietary software platform, ENGAGE.
ENGAGE provides users with a platform for creating, sharing, and
delivering VR content for education, training, and online events
through its three solutions: Virtual Campus, Virtual Office, and
Virtual Events.
EXR is listed on AIM in London and on the Euronext Growth Market
in Dublin, a market operated by Euronext Dublin.
For further information, please visit: www.engagexrholdings.com
(LinkedIn: @Engage XR Holdings plc Twitter: @engage_xr)
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November 21, 2022 02:00 ET (07:00 GMT)
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