TORONTO, April 09, 2021 — ARHT Media Inc. (“ARHT” or “the Company”) (TSXV:ART), the global leader in the development, production and distribution of high-quality, low latency hologram and digital content, is pleased to announce that it has delivered nine VGSTM Events in Q1 2021 totalling over $361,000 in revenue. Clients in healthcare, technology, real estate, financial services and logistics utilized the VGS™ mainstage presentation, enabling speakers in different cities to be presented on the same stage from head to toe as though they are actually in the same room, to enhance their online communication.
A client has reported that their presentation, which utilized the VGSTM, has received up to four times as many views as other presentations not using VGSTM at the same online conference — prompting the client to order additional VGSTM presentations.
Of the nine events using VGSTM in Q1 2021, three were with prior VGSTM clients, two were with ARHT HoloPresenceTM clients now working with us online, and all have expressed interest in doing additional VGSTM or hybrid (a combination of in-person and online participant) events going forward.
“While the majority of our business in Q1 2021 was with the delivery of either permanent installations or events utilizing our HoloPresence™ in-person display technology, it is extremely encouraging to see Virtual Global StageTM gaining momentum and having those clients coming back for more,” stated ARHT Media CEO Larry O’Reilly. “We believe that VGSTM will have a shelf life long after the pandemic recedes as enterprise organizations utilize technology to reduce travel costs and their carbon footprint. Deals signed for 2021 and beyond reflect a growing interest in online and hybrid events.”
About ARHT Media
ARHT Media’s patented HoloPresence™ technology is a complete end-to-end solution that creates a sense of presence for audiences – as though the holographic presenter was actually live in the room. With no noticeable latency, ARHT Media makes two-way live communication with a 3D holographic presenter anywhere in the world possible. We can also playback pre-recorded content and 3D animations on our HoloPresence™ displays to deliver rich holographic experiences. Add to this our capability to stream the same content online on our premium Virtual Global StageTM.
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ARHT Media trades under the symbol “ART” on the TSX Venture Exchange.
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