DEV.L Regulatory News (DEV)

Dev Clever Holdings plc

("Dev Clever" or "the Company")

Experience Platform: Virtual Reality Core Framework

Dev Clever, a leading developer of immersive and mobile experiences, is pleased to announce that its cross-platform, core virtual reality (VR) multiuser framework has been successfully approved to deploy its first live interactive experience across multiple platforms including Google Play, Google Daydream, Oculus Store, Samsung Gear VR and the Apple Appstore.

The Dev Clever core framework enables the rapid development of multiplayer, immersive, full 360-degree VR experiences and games. These cross-platform games and experiences can be accessed through any approved platform via a compatible mobile device using a VR headset, Google cardboard or standalone VR device. They allow groups of users to be connected to the same experience from all over the world regardless of which platform or device they're using and compete or collaborate with each other in real-time with minimal connectivity.

Developed over the last 2 years, the framework allows Dev Clever to quickly deploy competitive games and seasonally themed VR experiences as well as immersive eLearning and training modules. These can be made available to the mass market across all mobile VR platforms and devices, reducing the cost of development and increasing accessibility to global audiences.

The first example of this deployment, Easter Squad VR, is a collaborative, seasonally themed experience where family or friends work together to defeat the Easter bunny's dastardly brother Bozo and save Easter. This on-rails interactive experience, which takes 7 minutes to complete, is now available to download and play at home. Easter Squad VR is available on a cost per download on the Google Play Store, Google Daydream, Samsung Gear VR and Apple App Store.

Dev Clever will be releasing multiple seasonally themed games including Halloween and Christmas versions this year, which will be available on a cost per download and with In-App purchases model for unique character customisation. Later this year, Dev Clever will also offer these games as a premium retail gift, when sold with VR cardboard, in retail shops and by online retailers. They will also be available across our expanding network of leisure partners offering the out of home multiplayer VR version of Vanguard: Fight for Rudiarius.

Chris Jeffries CEO said:

This is the final framework to be released from Dev Clever. The core virtual reality framework allows the Company to leverage greater opportunities through all three of our channels, by providing multiuser eLearning and training modules to our Educate customers and selling immersive multiplayer gaming experiences through our Engage hospitality, leisure, brand and retail customers. At the same time, the platform is able to deliver the launches of Vanguard: Flight or Rudiarius to the play-at-home VR market in the coming weeks.

This exciting step forward positions Dev Clever at the heart of immersive education, consumer engagement and competitive gaming.