Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
16 June 2020
avid Whelan, CEO of VR Education, said: "VR Education has positioned itself well in 2019 to identify and overcome many hurdles which had subdued growth to date and during the year ENGAGE became available on standalone devices such as the Oculus Quest, Pico VR and Vive Focus. The availability of standalone devices is of paramount importance to potential customers and, with these now in the market and ENGAGE being platform agnostic, I believe the Group is now well placed to become a leader in immersive communications.
"The COVID-19 pandemic has transformed the Group's fortunes as businesses, corporations and educational institutes globally are now seeking better alternatives to video-based communications due to limitations with collaborative tasks and the drawbacks of larger group communications via video as a medium. Our recently announced strategic partnership and investment from HTC places the Group in a strong position to accelerate the global adoption of the ENGAGE platform and create value for shareholders."
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
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Commenting on the agreement, Shoichiro Taniguchi, Chief Development Officer of TOKYO GLOBAL GATEWAY, said:
"We are very pleased to be able to introduce the VR Education ENGAGE platform to Japan. This is the first time for children in Japan to learn through VR. The ENGAGE platform will provide Japanese students with new learning experiences, new surprises, and even greater curiosity. TOKYO GLOBAL GATEWAY was founded by a corporate group which includes the largest educational company in Japan, the "GAKKEN GROUP". We believe that the VR learning experience provides a great opportunity to expand our operations, not only in English learning but in many subjects, and many sales channels."
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
- Ends -
For further information, please contact:
VR Education Holdings plc
David Whelan, CEO
Sandra Whelan, COO
Tel: +353 87 665 6708
contact@vreducationholdings.com
Cairn Financial Advisers LLP (Nominated Adviser)
James Caithie / Liam Murray / Ludovico Lazzaretti
Tel: +44 (0) 20 7213 0880
Shard Capital Partners LLP (Joint Broker)
Damon Heath / Erik Woolgar
Tel: +44 (0) 20 7186 9952
Davy (Joint Broker & Euronext Growth Advisor)
Fergal Meegan / Ronan Veale / Barry Murphy
Tel: +353 1 679 6363
Buchanan (Financial PR)
Henry Harrison-Topham / Chris Lane / Tilly Abraham
Tel: +44 (0)20 7466 5000
VRE@buchanan.uk.com
TOKYO GLOBAL GATEWAY
Shoichiro Taniguchi, Chief Development Officer
Tel: +81 3 5962 4962
s.taniguchi@gakken.co.jp
Notes to Editors
VR Education, together with its wholly owned subsidiary, is a VR software and technology group based in Waterford, Ireland, dedicated to transforming the delivery methods of education and corporate training by utilising VR technologies to deliver fully immersive virtual learning experiences. The Group's core focus is the development and commercialisation of its online virtual social learning and presentation platform called ENGAGE, which provides a platform for creating, sharing and delivering proprietary and third-party VR content for educational and corporate training purposes.
In addition to the ongoing development of the ENGAGE platform, the Group has also built two downloadable showcase VR experiences, being the award-winning Apollo 11 VR experience and the Titanic VR experience.
On 12 March 2018, VR Education listed on the AIM market of the London Stock Exchange and on the Enterprise Securities Market, a market regulated by Euronext Dublin. For further information, please visit www.vreducationholdings.com.
Forward-Looking Statements
Certain statements made in this announcement are forward-looking statements. These forward-looking statements are not historical facts but rather are b
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The agreement will see TGG use VR Education's ENGAGE platform to teach Japanese students and corporate clients how to speak English in everyday travel situations - such as arriving at an airport, checking into a hotel or ordering food at a restaurant. The use of VR in a series of set locations, designed to simulate scenarios during a foreign trip, provides students with familiar surroundings as they learn how to speak English fluently. The use of the ENGAGE platform enables TGG to expand its existing facilities digitally and provide more complex locations and situations with relative ease. Global Sky Education, Ltd., a cutting-edge learning design consultancy, will be supporting TGG by taking a role in VR learning development and execution of this landmark project.
Commenting on the agreement, David Whelan, CEO of VR Education, said:
"Tokyo Global Gateway is a leading educational institute in Japan, which has one of the world's best-educated populations with 100% enrolment in compulsory grades and zero illiteracy. We're delighted to be further strengthening our reach in Asia by working with this prestigious institution backed by the Tokyo Metropolitan Board of Education. In light of the COVID-19 crisis and growing pressures on education systems across the globe, this multi-year enterprise agreement, which has been secured in line with management expectations, shows the strong and growing demand for ENGAGE's unique offering in the education, technology and XR space."
9 July 2020
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ENGAGE signs multi-year enterprise licence agreement with Tokyo Global Gateway
VR Education (AIM: VRE; Euronext Growth: 6VR), a leading virtual reality ('VR') technology company focused on the education and enterprise training space, is pleased to announce that the Group has signed a multi-year enterprise licence agreement with Tokyo Global Gateway ('TGG') for use of the Group's proprietary ENGAGE platform, effective from 1 September 2020. The agreement comprises an initial one-off fee for custom work alongside annual software licence fees.
TGG is a large-scale experience-oriented English-education facility, managed and operated by a consortium of five private-sector entities appointed by the Tokyo Metropolitan Board of Education (TBoE). A majority shareholder of TGG is Gakken holdings co., Ltd. which is a leading educational service and content provider in Japan, whose aims are to contribute to educational reform in Japan via innovative solutions.
The University of Chester is joining the fight against plastic waste as it helps Powerhouse Energy PLC (AIM:PHE) DMG® and Waste2Tricity (W2T) to develop world-leading technology to turn unrecyclable plastic into low cost and low carbon hydrogen fuel and electricity.