NOT FOR DISSEMINATION OR RELEASE IN THE UNITED STATES
FOR IMMEDIATE RELEASE IN CANADA
VANCOUVER, BC / TheNewswire / May 9, 2019 - ZoomAway Travel Inc. (TSXV: ZMA) (the "Company") www.zoomaway.com, a leader in the hospitality technology sector, is pleased to announce that it has begun production on the second phase of its flagship product, ZoomedOUT.
In the first milestone, the company and its production partner, Zero 8 Studio's were able to successfully work and integrate with an undisclosed mapping company's API, create a user interface flow, establish our content outsourcing partners, begin the project set up and framework in Unity and most importantly create a new website that fully incorporates our current revenue streams along with our future plans with ZoomedOUT.
Proceeds from our recently closed note offering are being used towards further funding progress in achieving this second milestone. The second milestone calls for starting the product wireframe, adding utility features, beginning development on the UI/UX, and creating a small cross-section of the product for demonstration purposes. We expect that this demonstration will give our shareholders a better understanding of how we expect the various product utility features to function on the platform.
In addition, the company continues to update the new website and most notably has added a new 3D preview page that will give our shareholders a small sample of what a three dimensional, next-generation, location-driven hospitality/gaming experience might look like. ZoomedOUT plans to be a virtual world that players will find fun, immersive and useful. Moving them away from outdated technologies and into a socially driven gamified experience that will enhance the way they play and travel.
Sean Schaeffer, CEO of Zoomaway Travel, commented, "We are very excited that we are starting to progress through production milestones and creating content. Just imagine a virtualized real-world location coupled with Yelp-like data, topped off with addictive social game mechanics. Our vision for this product is coming to life every day. By adding new content to our website, including the latest 3D example of what ZoomedOUT could look like someday. It is important to me to make sure we are showing our progress every step of the way so that our shareholders know where we expect to see this new generation of travel going."
ZoomAway, Inc. (Nevada Co.) provides leading hotels, golf resorts, ski resorts, and activity providers with a seamless, scalable, and fully integrated technology platform that allows for the discounted packaging of lodging, ski, golf, activities, and attractions. It seamlessly integrates into client websites, providing their customers with a real-time one-stop shop for all of their travel and recreational needs. Additional information about ZoomAway Inc. can be found at www.zoomaway.com.
Travel Game (Canadian Co.) is a ZoomAway Travel, Inc. subsidiary company dedicated to housing new projects in the digital games. The company's first project is ZoomedOUT which can be seen at zoomedout.io. To receive more detailed, or investor level information, please contact us at firstname.lastname@example.org and we will respond with the appropriate documentation depending on your request.
About Zero8 Studios, Inc.
Zero8 Studios, based in Reno, Nevada, specializes in new and innovative games and technology platforms. With a focus on social gaming and almost two decades of experience building
countless game titles, gaming platforms, and various technologies. The Zero8 Studios' team has assisted dozens of AAA publishers, large clientele, manufacturers, and casinos in the design, production, and delivery of their products to players around the world. Additional information can be found at
This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward-looking statements include regulatory actions, market prices, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates, and opinions of the Company's management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
Neither the TSX Venture Exchange nor it's Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Offering and has neither approved nor disapproved the contents of this press release.