Thailand’s largest cinema operator Major Cineplex invests in live hologram technology, becoming the world’s first cinema operator to purchase CAPSULE from ARHT Media

ARHT Media Inc.

ARHT Media Inc.

TORONTO, Nov. 14, 2022 (GLOBE NEWSWIRE) — ARHT Media Inc., the global leader in high-quality, low-latency hologram and digital content, announced today that it is Thailand’s largest cinema operator, MAJOR CINEPLEX, has the Purchased ARHT’s CAPSULE hologram display technology to revolutionize the cinema experience. MAJOR CINEPLEX is the first cinema operator in the world to acquire CAPSULE technology, with the announcement also marking the first sale of CAPSULE across the APAC region, building on the successful launch of the hologram display system across North America and Europe in 2022 builds up. The announcement follows ARHT Media’s recent reporting of record third quarter revenue of $2.02 million versus $1.05 million in Q3 2021, an increase of 92%, demonstrating the continued growth of the hologram technology sector.

CAPSULE is a fully interactive, plug-and-play 4K holographic display that allows the physical world to merge with the Metaverse like never before. The technology has garnered significant interest across the cinema sector following its launch at CinemaCon Las Vegas in April 2022, and the acquisition of CAPSULE will now enable MAJOR CINEPLEX to deliver unique audience experiences that capture the real world and metaverse in both cinema and connect at special events. Audiences will be able to meet and greet with real-time, life-size 3D holograms, allowing talent to be streamed live to the big screen from anywhere in the world. CAPSULE also features fully interactive capabilities, including a touchscreen and two-way cameras, offering immersive ways to gamify the lobby experience, giving cinema audiences a wealth of new ways to interact with content from advertisers and studios.

“We are delighted to be the first cinema operator in the world to bring this exciting new technology to our customers,” said Vicha Poolvaraluk, CEO of MAJOR CINEPLEX. “Hologram technology was once the realm of science fiction, but with CAPSULE we are able to make that a reality for our audiences and look forward to creating some truly unforgettable cinematic experiences.”

Larry O’Reilly, CEO of ARHT Media added, “Now more than ever we are seeing that brick and mortar cinemas need to find new and innovative ways to draw audiences through their doors. We can’t wait to work with MAJOR CINEPLEX to bring their audience amazing experiences that they just can’t get at home.”

CAPSULE will be shown at CineAsia in Bangkok from December 5th to 8thth as part of the MAJOR CINEPLEX presentation. The first in-cinema unit will be installed at the Paragon Cineplex, Siam Paragon, Bangkok.

About CAPSULE

CAPSULE is ARHT Media’s latest innovation, a revolutionary touchscreen 4K hologram display that leverages ARHT’s live HoloPresence™ capabilities to deliver immersive, lifelike interactive experiences that completely reinvent customer engagement. Launched at CinemaCon Las Vegas in April 2022, the product has already been deployed around the world for a variety of events and experiences, including an interactive Star Trek experience in partnership with Paramount+ and a unique partnership where President Zelinsky of Ukraine was beamed live from Kyiv as a hologram to important technology events across Europe. To learn more about CAPSULE, visit www.arhtmedia.com/capsule.

About ARHT Media
ARHT is a pioneer in the live hologram industry and their HoloPresence™ technology provides a complete end-to-end solution for capturing, transmitting and displaying live holograms for in-person, hybrid and online events. They have a range of hologram display solutions for multiple use cases, including a premium online presentation solution, the Virtual Global Stage™, and the largest global holographic telepresence network of hologram capture and display locations ensuring that a presenter can beam into a meeting or event as a live hologram from virtually anywhere in the world.

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 www.artmedia.com

ARHT Media trades under the symbol “ART” on the TSX Venture Exchange.

ARHT
Salman Amin
ARHT media
[email protected]

This press release may contain “forward-looking information” within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, the Company’s intention to exercise convertible securities; disclosure regarding 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 Company’s ability to monetize ARHT Media technology; the development of the company’s technology; and interest of parties in ARHT’s products. Generally, forward-looking information is identified by the use of forward-looking words such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “planned”, “estimates”, “projects”, “intends”, “anticipate” or “do not anticipate” or “believe” or variations of such words and phrases or state that certain actions, events or results “may”, “might”, “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 could cause the Company’s actual results, level of activity, performance or achievements to differ materially from those expressed or implied in such forward-looking information, including but not limited to : general business, economic and competitive uncertainties; regulatory risks; risks inherent in technology operations; and other technology industry risks. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that could cause results not to be as anticipated, estimated or intended to fail. There can be no assurance that this 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 undertakes no obligation to update any forward-looking information except in accordance with applicable securities laws.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATORY SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NOTICE.



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