YDreams Global Interactive Technologies Inc.

  • ISIN: CA98421E1043
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Nachricht vom 15.03.2017 | 08:01

YDreams Global Appoints Middle East Region Advisor

DGAP-News: YDreams Global Interactive Technologies Inc. / Key word(s): Miscellaneous

15.03.2017 / 08:01
The issuer is solely responsible for the content of this announcement.


Vancouver, British Columbia--(Newsfile Corp. - March 15, 2017) - YDreams Global Interactive Technologies Inc. (TSXV: YD) (OTC Pink: YDRMF) (FSE: APY) ('YDreams Global' or the 'Company'), wishes to announce that Mr. Omar Halloum has been appointed a consultant to the Company to be the primary liaison for the Middle East and South West Asian countries (the 'Middle East Region').

Mr. Halloum has been instrumental in negotiating contracts worth over $350 million to date, including working directly with or on contracts with companies such as Northrop Grumman, Honeywell, Saudi Aramco and many more throughout the Middle East Region.

Mr. Halloum states, 'I am pleased to be joining the YDreams Global team to be the main liaison and primary negotiator in the Middle East Region. I have a deep understanding of how business is done in the region and I am excited to establish YDreams' virtual reality concepts as one of the leaders and go to companies within the region.'

YDreams Global management has recently completed a trip to Dubai and held numerous meetings regarding the Company's virtual reality services and technology.

Daniel Japiassu, CEO of YDreams Global stated, 'We look forward to the opportunities that Mr. Halloum may be able to provide for YDreams Global in the region. He is a skilled negotiator with a wide range of high level contacts and we feel he will be instrumental in the planned expansion of YDreams Global into the Middle East. We have just concluded multiple successful initial meetings in Dubai and we hope to be able to formalize some deals in the region within the first half of 2017.'

Recently, YDreams Global (March 3,2017) announced that it had filed for a Provisional Patent for a unique technology solution and business model that may allow for the launch one of the world's most immersive and scalable Virtual Reality Platforms and Networks.

'We feel that this platform will be a game changer for YDreams, as it may catapult YDreams into the forefront of the VR gaming world,' stated Mr. Japiassu. 'We anticipate displaying our prototype shortly.'

About YDreams Global

YDreams Global Interactive Technologies Inc. (www.ydreamsglobal.com) is a technology company with offices in Vancouver, São Paulo, and Rio de Janeiro, that combines Augmented and Virtual Reality Technology, Design, and Intelligence to respond to the challenges and demands of today's users and consumers.

YDreams Global works as a partner for companies and brands to reframe their strategy through relevant human-centred ventures that integrates digital experience with the physical presence and venues. YDreams Global anticipates future challenges and connects them with the needs of the market, building innovative concepts and delivering them with international excellence.

YDreams Global have developed over 1,000 projects for clients all over the world, such as Adidas, Cisco, Nokia, Nike, Mercedes Benz, Coca-Cola, Santander, AmBev, Qualcomm, Unilever, City of Rio and Fiat.

YDreams Global announced on February 22, 2017, that the project 'Pixelated Camouflage' created with YDreams' technological partnership, won the top award in the category of architecture by the IF Design Awards held in Germany, one of the most prestigious design awards in the world.

YDreams Global announced on January 26, 2017, that it had entered into an MOU with CRTV to collaborate and to develop a virtual reality/ viewer immersion entertainment project that would be centered within the movie and entertainment industry. CRTV owns 76 cinemas and has affiliations with 2,000 theatres and cinemas in China.

Mr. Japiassu stated, 'We are very pleased to have entered into this MOU with a highly regarded Chinese state owned company such as CRTV. They have deep and wide reaching ties within the Chinese entertainment community and we look forward to building a mutually beneficial relationship.'

YDreams Global announced on December 20, 2016, that it had retained acclaimed international law firm of Foley & Lardner LLP. YDreams Global will to be working directly with two Foley partners: Mr. Robert DuPuy and Mr. Peter Eccles. Mr. DuPuy brings more than three decades of broad legal experience to his clients, including his tenure as chief legal counsel, president and chief operating officer of Major League Baseball. He is a member of the firm's Sports Industry Team. Mr. Eccles has spent much of his career advising clients on cross-border transactions involving Brazil, where he lived as a youth. He has worked as both outside and in-house counsel to U.S. and international clients on a wide range of issues involving investments in emerging markets throughout Latin America, Asia and Africa.

YDreams Global continues discussions with professional sports teams. It is the Company's intention to push into the major league sports sector during 2017. At this stage no deal has yet been finalized.

On December 8, 2016, YDreams Global announced it was contracted to use its Virtual Reality technology in the United States. The first project sold in the United States was released in December in New York City.

On December 1, 2016, the Company announced a plan to create a virtual reality platform to be used by the military and other government agencies such as police departments, fire departments and emergency medical services that could use VR as a training experience. By using this technology for training, for example, the military, police and fire services would be able to experience accurate real-life situations that would be impossible to replicate in physical world exercises.

More Information:

James Nelson
Director, Canada
Tel: 604-646-6910
hey@ydreamsglobal.com | www.ydreamsglobal.com | www.youtube.com/ydreamsglobal

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Click on, or paste the following link into your web browser, to view the associated documents http://www.newsfilecorp.com/release/25633


15.03.2017 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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