Denver, Colorado, Feb. 23 2022 (GLOBE NEWSWIRE) — Virtual Interactive Technologies Corp., (OTC: VRVR) (“VRVR” or the “Company”)a multi-platform video game company is pleased to announce that it has signed a memorandum of understanding with Future House Studios (“HSF”) located in Pleasant Grove, UT. The two companies will jointly develop and fund augmented reality attractions for adventure parks, theme parks and other location-based entertainment venues.
The two companies are in preliminary talks with several third-party customers to develop augmented reality experiences around current customer attractions at their existing entertainment venues.
“We couldn’t be more excited about this partnership with Virtual Interactive Technologies,” said Adam Sidwell, Founder and Head of Studio for FHS. He added, “We believe there is a significant market for the type of solution we are collaborating with VRVR to create.”
“Future House Studios is a leader in creating AR and VR content,” said Jason Garber, CEO of Virtual Interactive Technologies. He continued; “Our strategy is to team up with best-in-class companies to develop exciting and engaging cutting-edge content, and FHS is the perfect fit.”
About Virtual Interactive Technologies Corp.
Virtual Interactives Technologies Corp. (www.vrvrcorp.com) is a video game production, publishing and technology company based in Denver, Colorado. The company currently has a portfolio of five video game titles including: Carmageddon MaxDamage, Carmageddon Crashers, Interplanetary Improved Edition, Worbital, and Catch & Release VR. The Company develops video game projects to be released on various popular game platforms with a focus on mobile games, virtual reality and other new and emerging game technologies. We seek to team up with existing game developers as well as offer our own expertise in developing solutions, publishing and marketing video game products. We constantly strive to find ways to reinvest our royalty revenue streams into the growth of our royalty deals and our intellectual property in the video game industry.
On Studios of the future house
Future House Studios (www.futurehousestudios.com) is a metaverse creation company. The studio has assembled an incredible team of artists and CTOs from top film, game and VR studios which include but are not limited to ILM, Weta, Disney, Pixar, Epic Games, Microsoft, Activision-Blizzard, Electronic Arts, Digital Realm, Interior and more. Future House team members are experts in content development and have extensive experience in creating blockbuster movies, AAA games, premium VR and AR experiences, TV series and commercials. . Future House has worked on some of the world’s most renowned franchises including: Star Wars, DC Comics, Marvel, Transformers, Avatar, and more. In partnership with a sister company, Future House Publishing, the studio develops stories for television and film.
E-mail: [email protected]
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Bruce Nurse – Investor Relations