Imagination Park Closes Acquisition of XenoHolographic
Imagination Park Will Release New Update of XenoPlayTM & XenoCloudTM this Week
Vancouver, CANADA– May 30, 2019 – Imagination Park Technologies Inc. (CSE: IP) (OTC: IPNFF), (“Imagination Park” or the “Company”) is pleased to announce that it has closed the acquisition of XenoHolographic Inc. announced on May 28, 2018. Imagination Park has completed the final payment to Interknowlogy with 6,915,600 million shares today.
“With the final payment to Interknowlogy, Imagination Park Technologies owns 100% of the XenoHolographic subsidiary including all IP and the filed patent,” said Alen Paul Silverrstieen, CEO & President of Imagination Park. “With the recent acquisition of the five patent portfolio and new clients including the Basketball Hall of Fame, Erie Seawolves Minor League Baseball Team, and Orange Theory Fitness, we are quite optimistic for our future growth in 2019.”
XenoPlay & XenoCloud Version 3.4™
Imagination Park Technologies Inc. has completed a new update for the Augmented Reality applications XenoPlayTM and XenoCloudTM. New Features & Functions include:
- Users can now sign in to XenoPlayTM using their Twitter account.
- Rewards Cards can now have a start date and end date for each AR client campaign.
- AR Hot Zone Image Cards based upon GPS Locations.
- Restructured and improved UI for XenoCloudTM
About Imagination Park
Imagination Park Technologies Inc. (CSE: IP) (OTC: IPNFF) is an augmented reality (AR) platform that 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. Customers simply point their mobile device at logos, signs, buildings, products, landmarks and more to instantly engage videos, information, advertisements, coupons, 3D holograms and any interactive content all hosted in the cloud and managed using a menu-driven portal. Integrated real-time analytics means that all customer interaction is tracked and measured in real-time. The AR Enterprise platform supports both IOS and Android mobile devices and upcoming wearable technologies.
For more information or to explore working with Imagination Park, please email info@imaginationpark.com, or visit www.imaginationpark.com.
All trademarks of the property of respective owners.
ON BEHALF OF THE BOARD
Alen Paul Silverrstieen
President & CEO
(818) 850-2490
We encourage you to do your own due diligence and ask your broker if Imagination Park Entertainment Inc. (cse: IP) is suitable for your particular investment portfolio*.
The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release. This press release may include ‘forward-looking information’ within the meaning of Canadian securities legislation, concerning the business of the Company. The forward looking information is based on certain key expectations and assumptions made by Imagination Park’s management. Although Imagination Park believes that the expectations and assumptions on which such forward- looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Imagination Park can give no assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release, and Imagination Park disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
