STEREOSCOPIC TITAN XPAND AND IMMERSION-VRELIA TEAM UP ON MASSIVE VIRTUAL REALITY PLATFORM

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Redwood City, CA, April 14, 2015:  ImmersiON-VRelia Inc., the visionary front runner in virtual reality hardware and software solutions, and XPAND (NEOOPTI XPAND Ltd.), a world leader in immersive digital imaging technologies, have partnered to provide the highest quality immersive virtual reality (VR) experiences via their AlterSpace™ platform.

The combination of XPAND’s optics expertise and industrial design capabilities with ImmersiON-VRelia’s cutting edge virtual and augmented reality innovations will fundamentally change the way people work, play and interact. This strategic partnership will provide high-end solutions for virtual reality including acquisition, deployment and visualization of immersive and interactive virtual reality content and experiences for both professional and entertainment industries.

“XPAND has always been at the forefront of immersive technologies, focusing on delivering the highest quality products for the best user experience,” said Maria Costeira, CEO of XPAND. “I am passionate about 3D, and I believe that technology has now evolved to a historical point where we can stop being a spectator and start becoming an actual 360-degree player. Our partnership with ImmersiON allows us to lead this experiential revolution. ImmersiON-VRelia’s IP, technology and team are a perfect match for XPAND’s continuous growth prospects.”

In addition to accelerating product development and guiding the market strategy of ImmersiON-VRelia innovative VR technology, XPAND will support the massive adoption of ImmersiON-VRelia products through its distribution channels for professional and entertainment applications. It delivers an unparalleled immersive experience for education, training, medical, aerospace, military and out of home entertainment as well as cinematic VR experiences.

Virtual reality has seen a surge in 2015 with most major movie studios and game developers creating top quality content for VR platforms. The revenue share for VR is estimated to be US $30 billion within the next five years (source Digi-Capital).

ImmersiON-VRelia has made an impressive showing in the past few months. The platform had a successful showing at NASA’s Ames Research Center in October 2014. It was nominated as the Best of CES 2015 by Gambit Magazine. Most recently, it was selected by VR-iPhone users as the best VR design.

“Now with this key partnership with XPAND, the leaders in stereoscopic 3D for professional and entertainment applications, we will set an unprecedented acceleration of both companies in the realm of VR,” says Manuel R. Gutierrez Novelo, CEO of ImmersiON-VRelia. “I’ve known Maria Costeira and XPAND for many years now since before they standardized protocols for 3D shutter glasses in the industry and before we standardized the 3D Blu-ray format at TDVision, the company who spun off ImmersiON-VRelia, and I couldn’t think of a better partner than them.”

Press Inquiries:

Mr. Ethan Daniel Schur

cmo@immersion-vrelia.com

ABOUT IMMERSION-VRELIA:

ImmersiON-VRelia is focused on the creation of wide field-of-view 3D Stereoscopic Head Mounted Displays and associated software platforms for Virtual Reality and Augmented Reality across multiple industries. For more information about ImmersiON-VRelia, visit http://www.immersionvrelia.com/ .

About XPAND ™

XPAND™ is a global immersive digital imaging and technologies development company that has been consistently delivering tour-de-force disruptive innovations through visionary technology development. Constantly striving to connect digital display technologies, immersive visualization solutions, virtual and augmented reality, 3D printing, the smart world of internet of things, XPAND has a proven track record in offering a wide range of engineering products, services and manufacturing to markets such as CE (through licensing and OEM), retail, pro AV, entertainment, education, medical and automotive amongst so many others, with emphasis on delivering to its customers tailored and high quality solutions intended for enhancement or improvement of their business.

For more information about XPAND, visit http://www.xpand.me





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