Bilbao, Spain, March 14, 2024.- Virtualware (EPA: MLVIR), the European leader in virtual reality has signed a partnership agreement with the London-based start-up Xplorient to drive VIROO's presence in the UK market.
Xplorient has officially joined the VIROO Partner Programme to bring the cutting-edge VR as a Service (VRaaS) solution, VIROO, to UK organizations and consumers. This will open up unprecedented opportunities for innovation, engagement, and growth in sectors such as education, healthcare, retail, real estate, and entertainment.
Rachel E. E. Garwood, Founder and CEO of Xplorient, expressed her enthusiasm about the partnership, stating “We are excited to partner with VIROO. We look forward to deploying our innovative career development simulators on the VIROO platform to empower people to envision, embrace, and unleash their future potential."
Under the motto "Explore. Discover. Transform", Xplorient helps organizations and individuals, explore and discover their potential and transform for the better, using Extended Reality (XR) solutions.
Also experienced in the development of learning management systems, they aim to enhance the experience of career exploration, professional development, advancement and fulfillment through immersive XR products and services.
“There is no doubt that there is great potential for expansion in the UK. Establishing a direct presence and implementing targeted initiatives in this market will help us to achieve our growth objectives” says Jesus Garrido, Global Sales Manager at Virtualware.
Headquartered in Bilbao, Spain, Virtualware is a global pioneer in developing virtual reality solutions for major industrial, educational, and healthcare conglomerates. Since its founding in 2004, the company has garnered widespread recognition for its accomplishments. In 2021, Virtualware was acknowledged as the world’s most Innovative VR Company and since April 2023 the company has been listed on the Euronext Access Paris stock exchange (Ticker: MLVIR).
Virtualware’s flagship product, VIROO, is redefining the realm of enterprise VR, driving its adoption forward, leveraging innovative and sustainable strategies. Recognized for its pioneering approach in the immersive technology sector, VIROO is rapidly becoming the global benchmark for the development and deployment of multi-user VR applications in industry and education.
The VR as a service platform is already used by over 40 companies and institutions worldwide including GE Vernova, Ontario Power Generation, Gestamp, ADIF, the Spanish Ministry of Defense, Invest WindsorEssex, McMaster University, University of El Salvador, Conalep and EAN University.
Safe Harbor
This document is only provided for information purposes and does not constitute, nor should it be interpreted as, an offer to sell or exchange or acquire, or an invitation for offers to buy securities issued by any of the aforementioned companies. Any decision to buy or invest in securities in relation to a specific issue must be made solely and exclusively on the basis of the information set out in the pertinent prospectus filed by the company in relation to such specific issue. No one who becomes aware of the information contained in this report should regard it as definitive, because it is subject to changes and modifications.
This document contains or may contain forward looking statements regarding intentions, expectations or projections of Virtualware 2007, S.A. (“Virtualware” or the “Company”) or of its management on the date thereof, that refer to or incorporate various assumptions and projections, including projections about the future earnings of the business. The statements contained herein are based on our current projections, but the actual results may be substantially modified in the future by various risks and other factors that may cause the results or final decisions to differ from such intentions, projections or estimates. These factors include, without limitation, (1) the market situation, macroeconomic factors, regulatory, political or government guidelines, (2) domestic and international stock market movements, exchange rates and interest rates, (3) competitive pressures, (4) technological changes, (5) alterations in the financial situation, creditworthiness or solvency of our customers, debtors or counterparts. These factors could cause or result in actual events differing from the information and intentions stated, projected or forecast in this document or in other past or future documents. Virtualware does not undertake to publicly revise the contents of this or any other document, either if the events are not as described herein, or if such events lead to changes in the information contained in this document. This disclaimer needs to be taken into account by those persons which may take a decision over the base of this document or to elaborate or disseminate opinions based hereof. This document may contain summarised information or information that has not been audited. This document is confidential and it cannot be revealed or disclosed to third parties different from the original recipients, even partially, without Virtualware’s prior consent.
