ImagineAR Inc. (CSE:IP) (OTCQB:IPNFF) has announced the signing of a memorandum of understanding (MOU) with the Pittsburgh Gateways Corporation, a developer of technology-based research centers in the United States, specifically with regards to its Energy Innovation Center (EIC) in the city.
The augmented reality (AR) company noted that, since its inception, Pittsburgh Gateways has established, or formed collaborative alliances with, over 30 technology centers, primarily in Western Pennsylvania, but extending throughout the Northeastern and Midwestern United States.
The organization has also assisted in the formation of over 60 new or development-stage ventures, many of which are thriving today as successful business and economic development enterprises. Its efforts have contributed to the creation of thousands of jobs.
In a statement, ImagineAR CEO Paul Silverrstieen commented: "We are honored to be selected as the Augmented Reality Platform Solution for the prestigious Gateways organization.
"Their reputation as a leader in the energy sector as well as high-tech incubators, provides ImagineAR the opportunity to work with energy and entrepreneurial companies to create AR engagements and activations together. This partnership is expected to develop a new sector revenue channel for ImagineAR. "
Pittsburgh Gateways’ mission is to provide strategic planning, development and direct management assistance for communities, community-based economic development organizations, research & academic institutions, and private entities seeking the acceleration of technology-based businesses. Incorporated into this mission is its goal to combat community deterioration in the City of Pittsburgh and other economically distressed areas of Pennsylvania.
Pittsburgh Gateways CEO Robert Meeder said: "As an economic development organization, we focus on integrating advanced immersive technology such as augmented reality into our center as well as introducing it to our tenants.
“ImagineAR is a leader in the mobile augmented reality in the North America and we are truly excited to partner with them and drive new AR engagements and revenue together. The applications of ImagineAR into our Energy Innovation Center will be extensive."
ImagineAR’s platform enables businesses of any size to create and implement their own AR campaigns with no programming or technology experience. Every organization, from professional sports franchises to small retailers, can develop interactive AR campaigns that blend the real and digital worlds.
The AR Enterprise platform supports both IOS and Android mobile devices and upcoming wearable technologies and is available as an SDK Plug-in for existing mobile apps.
Gus Frerotte, 15 year NFL Pro Bowl QB and Developer/Coordinator of Media and Communications Operations at the EIC, noted: "From the first moment I set foot in the EIC I knew I wanted to be part of this team. I admire the leadership of Pittsburgh Gateways Corporation and their mission for the EIC.
“The EIC is a robust intersection of research, training and community service and my goal is to help with the application of my skills and experience in communications and the development of human performance tools. When I first spoke with Neal Bendesky, VP Sports & Events of ImagineAR Inc., I knew that the EIC would benefit from this collaboration. I am excited for the future as the EIC and its partners come to life."
Contact the author at [email protected]