VANCOUVER, B.C. / TheNewswire / March 14th, 2019 - YDX Innovation Corp (TSX-V: YDX, OTC: YDRMF, FSE: A2PB03) ("YDX" or the "Company") is pleased to announce a partnership agreement with New Jersey based oasisVRX, a premier VR center, to bring Arkave VR to the Tri-State region of New York, New Jersey and Connecticut.
The objective of the partnership is to create eSports tournaments and events in the Tri-State area. The agreement also includes a permanent Arkave VR installation in a new state of the art VR center dedicated to high end VR experiences created by oasisVRX that will be launched in New Jersey.
Installation of the new Arkave VR arena will commence immediately and a pilot event is scheduled for April. This will mark the 4th installation of Arkave VR in the United States and is one of the most significant partnerships for Arkave VR due to the potential of events in the Tri-State region.
oasisVRX is opening their VR Center inside Bell Works, which is reimagining the historic former Bell Labs building in Holmdel, N.J. Today, the 2MM sq. ft building is one-of-a-kind destination for business and culture, complete with a blossoming ecosystem of technology, traditional offices, retail, dining, hospitality, and much more.
More about oasisVRX and Bell Works, http://oasisvrx.com/.
"We are very excited with this partnership. The founders of oasisVRX are experienced entrepreneurs brining VR to one of the most innovative new spaces in the Tri-State area. It's a strategic region to the expansion of Arkave VR both for eSports events and permanent installations." - stated Daniel Japiassu
About YDX Innovation
YDX Innovation Corp. (TSXV- YDX :: www.ydxinnovation.com ) is a technology company that develops products and services and is an expert in immersive technologies like Augmented and Virtual Reality, eSports events and Interactive Exhibitions.
Currently three divisions are part of the YDX Family:
Arkave VR Arena - www.arkavevr.com - a gaming platform that brings the most immersive Virtual Reality experience to Location Based venues with a highly scalable business model.
Arkave VR has a flagship store in Brazil, two Arenas in the United States, a flagship store being built in Canada and is being sold through a network of distributors that will focus on the thousands of Family Entertainment Centre's throughout North America, in constant search for innovative attractions.
YDreams Global - www.ydreamsglobal.com - have developed over 1,300 interactive experiences for clients all over the world such as Disney, NBA, Adidas, Cisco, Nokia, Nike, Mercedes Benz, Coca-Cola, Santander, AmBev, Qualcomm, Unilever, City of Rio and Fiat.
YDreams Global has generated over 24 Million CAD in Revenues in past 7 Years.
Game On Festival - www.gameonfestival.com - is a new event under development by the Company that combines eSports Tournaments with a large Interactive Exhibition about the videogame industry and its history.
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This communication contains "forward-looking statements" within the meaning of applicable Canadian securities regulations. All statements other than statements of historical fact herein, including, without limitation, statements regarding our current and future plans and objectives, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and future events and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations as well as a list of risk factors that we deem relevant are disclosed in the documents we file from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound. Forward-looking statements are based on our current assumptions, estimates and opinions and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. We do not undertake any obligation to update forward-looking statements should our assumptions, estimates or opinions change, other than as required by law and readers are advised not to place undue reliance on forward-looking statements.
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