TORONTO, May 01, 2019 (GLOBE NEWSWIRE) -- ARHT Media Inc. (“ARHT” or the "Company”) (TSXV:ART), the global leader in the development, production and distribution of high-quality hologram content through its patented Holographic Telepresence technology, continues to make headway supporting the rollout of 5G, as the Company once again worked with China Unicom to help showcase the capabilities of their 5G network.
Last week, in partnership with NetDragon Websoft, ARHT beamed in live interactive holograms to the Shanghai 5G Innovation Development Summit and China Unicom Global Industry Chain Partner Conference in Shanghai. The event was held to launch China Unicom's 5G public network trial in select cities across China, as well as showcase a number of different applications to the over 3,000 attendees.
“Our China business, and Asia as a whole, is gaining significant momentum with events showcasing our technology to the tech industries biggest companies and clients happening almost every week lately,” stated ARHT CEO Larry O’Reilly, “This is the second major event with China Unicom in less than a month and follows similar events in Wuhan, Shenzhen, Hong Kong and Kuala Lumpur in recent weeks.”
Applications at the showcase included 5G cloud gaming, smart home and smart city solutions, remote healthcare and ARHT's Holographic Telepresence. ARHT's technology is a complete solution to capture, transmit and display high-quality 4K holograms of people that are completely interactive and make it feel like the holographic person is present in the room with you.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/34a658fb-4ef0-4962-938b-b19dc7dd1e6f
With the launch of 5G, China Unicom joins a select number of mobile carriers globally that are currently testing the technology over their public networks, making China one of the few countries in the world to offer 5G to the public.
During the event, China Unicom also announced that it was entering into two strategic alliances. The first, a 5G Application Innovation Alliance that will see a number of companies with applications for 5G join forces. As well as a 5G International Cooperation Alliance with the intention of exploring international 5G roaming alongside Spain’s Telefonica, Japan’s NTT, France’s Orange and the UK’s BT Group.
ARHT expects to leverage these channels through its presence at events like this to further showcase the capabilities of Holographic Telepresence over 5G.
“With 5G implementation gaining steam in China, we are looking to work with China Unicom to offer ARHT's holographic telepresence all over China, allowing speakers, educators, and executives to be beamed to events anywhere in the country, with lifelike presence and low latency,” stated Lincoln Cheung, General Manager of ARHT Asia.
Many industry experts expect the rollout of 5G to keep ramping up over the course of this year. This will increase the opportunity to integrate ARHT's technology into even more markets around the world, and will soon make 5G and communication via holograms the norm.
About ARHT Media
ARHT Media’s patented holographic telepresence technology is a complete end-to-end solution that creates a sense of presence for audiences – as though the holographic presenter was actually live in the room. With no noticeable latency, ARHT Media creates two-way live communication with a 3D holographic presenter anywhere in the world possible. We can also playback pre-recorded content and 3D animations on our displays to deliver rich holographic experiences.
Connect with ARHT Media
Twitter: http://www.twitter.com/ARHTmedia
Facebook: http://www.facebook.com/ARHTmediainc
LinkedIn: http://www.linkedin.com/company/arht-media-inc-
For more information, please visit http://www.arhtmedia.com or contact the investor relations group at info@arhtmedia.com.
ARHT Media trades under the symbol “ART” on the Toronto Venture Stock Exchange.
ARHT Media Press Contact
Salman Amin
samin@arhtmedia.com
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, disclosure related to the Company’s participation in the ‘Shanghai 5G Innovation Development Summit and China Unicom Global Industry Chain Partner Conference’ event; the Company’s sales funnel; the Company’s technology; the potential uses for the Company’s technology; the future planned events using the Company’s technology; the future success of the Company; the ability of the Company to monetize the HumaGram™ technology; the development of the Company’s technology; and interest from parties in ARHT’s products. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic and competitive uncertainties; regulatory risks; risks inherent in technology operations; and other risks of the technology industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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