Vr Education Share Discussion Threads

[dubois] 02/7/2020 08:58

Probably right Livewire

[livewireplus] 02/7/2020 08:53

I would think they are mainly buys so far this morning as you can buy below mid-price...

[dubois] 02/7/2020 08:40

Very strange here. Not a single buy today. Yet you can always sell as many as you like. Something is brewing?

[davidlloyd] 02/7/2020 08:32

Everyone still asleep here or what??
DL

[jammytass] 02/7/2020 07:03

2020

For immediate release

2 July 2020


VR Education Holdings plc
('VR Education' or the 'Group')

Launch of ENGAGE Mobile

VR Education (AIM: VRE; Euronext Growth: 6VR), a leading virtual reality ('VR') technology company focused on the education and enterprise training space, is pleased to announce the launch of ENGAGE Mobile, an android phone and tablet supported version of the Group's proprietary VR communications, events and training platform. ENGAGE Mobile will be available to download from the company's website (hxxps://immersivevreducation.com) at 2pm UK time today.

As notified on 16 June 2020 in the Group's final results announcement, the ENGAGE user base grew significantly in the latter part of 2019 due to increased access to affordable standalone devices. As a result, the ENGAGE platform is currently being used by educators and enterprise clients across the globe to host classes, meetings and events, including the 2020 HTC Vive Ecosystem Conference in March 2020. Following the success of that event, the Group has received numerous requests for virtual events from a wide range of corporations and event groups.

The launch of ENGAGE Mobile will enable the Group to meet this new demand, and furthermore, significantly increases the number of potential users given the widespread global usage of mobile phones and tablet computers. Unlike video-based platforms, the spatial nature of the ENGAGE experience means that users can interact directly with each other, allowing users to have hallway conversations at virtual events or hold large meetings more naturally than what is currently provided via existing video platforms.

ENGAGE Mobile supports all flagship Android devices with iOS and iPhone versions becoming available later this year. ENGAGE Mobile is cross platform supported with all VR devices allowing users to connect regardless of the device they own.

Commenting on the launch of ENGAGE Mobile, David Whelan, CEO of VR Education, said:

"I am delighted to announce that ENGAGE is now available on mobile phones and tablets, opening up a completely new market to us in this difficult time. Our ENGAGE platform has been a trail blazer for some time now in the Extended Reality ("XR") space, however our market was limited to VR devices. Now we have a tool that provides a completely different way of communicating in a world that has been forced online because of COVID-19. ENGAGE offers services that simply cannot take place on video-based platforms and we are seeing many events being held inside ENGAGE as event organisers seek alternatives to static video presentations and educators and corporations are also using the platform to provide classes and meeting rooms. The Company is excited to enter this new mobile market as we scale usage of the platform for the remainder

[seagreen] 01/7/2020 15:33

No financial estimate of the MOU but no surprise if the resulting revenue surprises this virus is not going to disapear any time soon

[seagreen] 01/7/2020 15:32

Another brick in the wall as Roger would sing

[hazl] 01/7/2020 14:49

Not a typical day but good news none the less.

[hazl] 01/7/2020 08:27

The markets have been all over the place hastings.

[hastings] 01/7/2020 08:20

Nice to see the share price waking up after a lull.

[hazl] 01/7/2020 08:19

I like this bit.



'The MOU presents significant commercial opportunities for Virtual College and VR Education, so....'

[hazl] 01/7/2020 07:41

'The MOU will enable both teams, on terms to be agreed for each project, to collaborate on digital training projects and programmes that require a multi-media blended approach using some of the latest VR / digital learning technologies and tools. The MOU presents significant commercial opportunities for Virtual College and VR Education, some of which have already been identified in sectors such as healthcare, infrastructure, defence and security. The technology-enhanced learning solutions created under the MOU will be available to customers across the UK, the United Arab Emirates, Saudi Arabia, Kuwait and Qatar. '

[hazl] 01/7/2020 07:31

MORE GOOD NEWS.

[hazl] 01/7/2020 07:31

Memorandum of Understanding with Virtual College

VR Education (AIM: VRE; Euronext Growth: 6VR), a leading virtual reality ('VR') technology company focused on the education and enterprise training space, is pleased to announce that it has signed a memorandum of understanding ('MOU') with Virtual College Limited ('Virtual College'), an industry-leading digital learning solutions provider, to provide and deliver technology enhanced learning solutions in the UK and Middle East.

Founded in 1995, Virtual College is one of the UK's leading providers of digital training solutions. Its learning technology team are experts in designing and developing vocational learning solutions - including ready-to-go courses on topics such as safeguarding, health and safety, business compliance, leadership and management as well as developing bespoke digital and blended training transformation programmes. To date Virtual College has supported over 4.2 million registered online learners across both public and private sectors.

[masurenguy] 01/7/2020 07:28

This mornings announced partnership with Virtual College is yet another positive development for VRE.

[hazl] 01/7/2020 07:05

I will say though, that they have always been more about VR than AR and I like AR too.
However the fact that the Conference element has been brought into it and VRE were able to take the opportunity, and run with it is our golden ticket hopefully.
I will just add, thank you for the vote of confidence but perhaps I don't know as much as you think I do on the technical side.
If I have a strength, perhaps it is more to do with the shares and expectation of market reaction.

I think this is important from the report.....

'Telecommunications companies are also taking a vested
interest in pushing XR to the masses as they seek to upsell
their 4G customers to 5G subscriptions and see XR as a
way to push this forward. To this end VR Education has
been working with Deutsche Telekom and Qualcomm
Technologies with a partnership announced in December
2019

[hazl] 01/7/2020 06:46

Dubois will have to get back to you.

A very busy day ahead for me today.

[jammytass] 01/7/2020 06:33

The global COVID-19 pandemic has generated significant demand for VR solutions and there have been high levels of interest for conferencing and collaboration tools. The ENGAGE platform is the ideal tool to meet the needs of the remote working
A number of deals have been closed in the US with many more at varying stages in the sales The Group expects to see further growth in revenue in 2020 with commercial contracts expected with numerous customers on ENGAGE

[dubois] 30/6/2020 19:18

Hazel what did you think of the ARFor me it was a bit of a wet lettuce.It was factual but nothing to shout about. Almost as if they are deliberately playing things down.Your opinion would be great

[hazl] 30/6/2020 15:02

VR Education (AIM: VRE; Euronext Growth: 6VR), a leading virtual reality ('VR') technology company focused on the education and enterprise training space, announces that electronic copies of its Annual Report and Accounts for the year ended 31 December 2019 are now available from the Company's investor relations website at www.vreducationholdings.com. Hard copies of the 2019 Annual Report and Accounts are being posted to shareholders today.

[volsung] 24/6/2020 13:14

Interesting sound and vision hazl

[hazl] 24/6/2020 11:59

Works on computer not so good on phones.