Metavista3D celebrates strategic partnership with Korean conglomerate Investing.com
Vancouver, British Columbia–(Newsfile Corp. – January 14, 2025) – Metavista3D Inc. (TSXV: DDD) (FSE: E3T) (“Metavista3D” or the “Company”) Reaching a significant milestone at this year’s Consumer Electronics Show (CES), Metavista3D showcased its visionary technology in a prime location on the show floor, capturing the attention of industry leaders and innovators. The event not only placed Metavista3D at the forefront of the metaverse and immersive technology sector, but also facilitated the formation of a key partnership that will drive its future progress.
Excellent exhibition space and positive reception
Taking over a slot previously reserved for tech giant Hewlett-Packard (NYSE: HPQ ), Metavista3D attracted significant interest in its immersive 3D solutions, drawing praise from attendees and securing valuable leads. This strategic positioning and subsequent visibility has cemented its reputation as a key player in the field of immersive experiences and 3D content.
Create new paths with Caliverse
One of the most significant achievements at CES 2025 was the signing of a Memorandum of Understanding (MOU) with Caliverse, Inc., a subsidiary within the influential Lotte Group. Specializing in the integration of real-world content into virtual worlds, Caliverse brings its considerable expertise and visionary goals to this partnership. Together, they aim to revolutionize immersive entertainment experiences, using Metavista3D multi-user display technology to unlock huge market opportunities. The partnership promises to blend Metavista3D’s cutting-edge technology with Caliverse’s ambitious vision, making a significant inroad into the growing metaverse landscape.
In the picture from left to right: Dr. Rolf-Dieter Naske, CTO Metavista3D, Kim DongKyu, CEO Caliverse, Jeff Carlson, CEO Metavista3D
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A vision for expansion and innovation
Commenting on the potential of the partnership, Jeff Carlson, spokesperson for Metavista3D, shared his enthusiasm: “This partnership allows Metavista3D to enter new markets and capitalize on the growing demand for immersive technology in entertainment. The Metaverse is still an underdeveloped opportunity for our company, a We are thrilled to be a part of this rapidly evolving space, and we look forward to what lies ahead.”
This strategic alliance positions Metavista3D to make significant strides in developing next-generation digital experiences, exemplifying a commitment to innovation and industry leadership. As Metavista3D continues to break new ground, the future looks promising indeed for this dynamic company as it redefines digital engagement and immersive entertainment.
About CES
CES is the most powerful technology event in the world. This event is where brands get the job done and where the industry’s sharpest minds take to the stage to unveil their latest ground-breaking innovations. CES is produced by the Consumer Technology Association (CTA)®. For more information, visit www.ces.tech.
About Caliverse
Caliverse, Inc., a subsidiary of Lotte Group, is an intense entertainment company that focuses on integrating real-world content into the metaverse. With expertise in 3D shopping experiences, live entertainment and virtual concerts, Caliverse is shaping the future of entertainment in the digital age. For more information, visit: www.caliverse.io/en and www.lotte.co.kr
About Metavista3D (www.metavista3d.com)
Metavista3D Inc., through its wholly owned subsidiary, psHolix AG, is at the forefront of developing AI-driven pseudo-holographic display technologies designed to transform the way we interact with spatial content. With over 20 patents and a commitment to innovation, Metavista3D is shaping the future of the immersive glasses-free 3D experience. For more information, visit: www.metavista3D.com.
Metavista3D shares are publicly traded and listed in Canada on the TSX-Venture Exchange under the symbol DDD, and on the German Stock Exchange in Frankfurt and others under the symbol E3T. Metavista3D ISIN number is CA59142H1073 and German WKN number is A3EG0D.
ON BEHALF OF THE BOARD OF DIRECTORS
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Notice of forward-looking information:
This news release contains forward-looking statements including, but not limited to, statements about the Company’s operations, assets or investments, as well as other statements that are not historical facts. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations on which they are based will materialize. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual performance and results in future periods differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, investors’ interest in the Company’s operations and prospects.
The forward-looking statements contained in this release are made as of the date of this release. Except as required by law, the Company disclaims any intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law on securities. Furthermore, the Company has no obligation to comment on the expectations or statements of third parties regarding the above matters.
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