Reach
30 September 2024
ENGAGE XR Holdings
Plc
("ENGAGE
XR" or the "Group")
Update on School of
AI
ENGAGE XR Holdings Plc,
a leading Metaverse / Spatial Computing technology
company, is pleased to confirm the roll out
of the "School of AI" to all of its
education clients.
Developed inhouse by the team at
ENGAGE XR, the School of AI creates an
immersive learning environment, in which students can speak to
notable figures of history, powered by conversational and generative AI.
School of AI launched in March 2024
and was made available to a selection of ENGAGE XR's education
clients. The feedback from this soft launch was positive and as a
result, ENGAGE XR has now rolled out the product more widely.
School of AI is now available to all of ENGAGE XR's education
clients, which include the Kentucky
Department of Education, Optima Domi, and Lobaki.
The Board believes that the roll out of School of
AI is expected to create enhanced revenue opportunities for the
Company.
Available on all leading VR/AR
devices, PCs, Phones and Tablets, School of AI enables students to
engage with 12 AI-powered characters, in authentic historic
locations, including Neil Armstrong, Winston Churchill, Cleopatra,
Rosa Parks, Benjamin Franklin, Nikola Tesla and Marie Curie. Where
original audio clips are available for a given character, these
clips train the AI to sound exactly like the original characters
and give them similar mannerisms. More historical figures are being
developed within School of AI.
Further details can be found here:
https://youtu.be/w7FrJAQqKYk
David Whelan CEO, ENGAGE XR,
said: "Our initial limited launch of the
School of AI proved to be a great success, and we are delighted to
be able to offer it now to all of our education clients.
Products like School of AI are example of how methods of teaching
are evolving and how teaching will continue to develop in the
future. Why just read about Benjamin Franklin when you can talk to
him? Alongside Corporate Development & Learning, Education is
one of the fastest-growing sectors in terms of the adoption of
immersive technology, and we are building a strong reputation in
this area, especially in the US."
For
further information, please contact:
|
ENGAGE XR Holdings Plc
David Whelan, CEO
Séamus Larrissey, CFO
Sandra Whelan, COO
|
Tel: +353 87 665 6708
info@engagexr.co
|
|
Cavendish Capital Markets
Limited (Nominated Adviser &
Broker)
Marc Milmo / Seamus Fricker
(Corporate finance)
Sunila de Silva (ECM)
|
Tel: +44 (0) 20 7220 0500
|
|
SEC
Newgate (Financial
Communications)
Robin Tozer / Tom Carnegie / Naz
Zandi
|
Tel: +44 (0)7540 106 366
engage@secnewgate.co.uk
|
About ENGAGE XR
ENGAGE XR Holdings plc (AIM: EXR) is
a leading Metaverse / Spatial Computing technology company focused
on becoming a leading global provider of virtual communications
solutions through its new fully featured corporate metaverse,
ENGAGE Link. A demonstration can be viewed here:
ENGAGE The
Spatial Computing Platform for Enterprise
The Company also has a proprietary
software platform, ENGAGE. ENGAGE provides users with a platform
for creating, sharing, and delivering VR content for education,
training, and online events through its three solutions: Virtual
Campus, Virtual Office, and Virtual Events.
For further information, please
visit: www.engagexrholdings.com (LinkedIn: @Engage XR Holdings plc
Twitter: @engage_xr)
Forward-Looking
Statements
Certain statements made in this
announcement are forward-looking statements. These forward-looking
statements are not historical facts but rather are based on the
Group's current expectations, estimates, and projections about its
industry; its beliefs; and assumptions. Words such as
'anticipates,' 'expects,' 'intends,' 'plans,' 'believes,' 'seeks,'
'estimates,' and similar expressions are intended to identify
forward-looking statements. These statements are not guarantees of
future performance and are subject to known and unknown risks,
uncertainties, and other factors, some of which are beyond the
Group's control, are difficult to predict, and could cause actual
results to differ materially from those expressed or forecasted in
the forward-looking statements.
The Group cautions security holders and
prospective security holders not to place undue reliance on these
forward-looking statements, which reflect the view of the Group
only as of the date of this announcement. The forward-looking
statements made in this announcement relate only to events as of
the date on which the statements are made. The Group will not
undertake any obligation to release publicly any revisions or
updates to these forward-looking statements to reflect events,
circumstances, or unanticipated events occurring after the date of
this announcement except as required by law or by any appropriate
regulatory authority.
