Seattle, WA, October 15, 2018 --(PR.com
)-- revealit Corporation, creators of an interactive video platform that delivers rich viewing experiences including Augmented Reality, has signed a Memorandum of Understanding (MOU) with The Glimpse Group, Inc. (“Glimpse”), a leading Virtual and Augmented Reality (AR/VR) company, to conduct joint research in cooperation with globally-recognized agencies and brands ready to run pilot projects with revealit.
revealit’s platform includes an artificial intelligence engine that identifies each item or product across every frame in a video, applying an in-frame green locator dot that acts as an interaction point any time a user wants to further explore a brand. The patent-pending video platform transforms shopping into entertainment, making it social, interactive, and contextual -- without disrupting the viewing experience.
“Mary Meeker’s 2018 internet trends report is clear: When shopping is entertainment, viewers engage, share and purchase more,” said revealit Founder & CEO Garry Smith. “Glimpse’s technology will deliver compelling AR/VR experiences in-frame and in-context on the revealit platform, transforming shopping into entertainment and giving AR/VR meaningful purpose and context within video.”
Glimpse’s President & CEO Lyron Bentovim commented: “revealit’s zero-interruption approach makes AR/VR experiences more contextual and organic, with the user in control. Their approach has the potential to revolutionize the way we consume AR/VR interactions inside video content.”
Within this context, the two companies have agreed to collaborate on business models, revenue streams, and methods that will improve viewer engagement leveraging Glimpse AR/VR experiences on revealit’s video platform.
About The Glimpse Group
The Glimpse Group, Inc. is a Virtual and Augmented Reality platform company, comprised of multiple VR and AR software & services start-ups, and designed with the specific purpose of cultivating entrepreneurs in the VR/AR industry. Glimpse's unique business model simplifies challenges faced by VR/AR entrepreneurs and creates a robust ecosystem, while simultaneously providing investors an opportunity to invest directly into the emerging VR/AR industry via a diversified platform. For more information on Glimpse, please visit www.theglimpsegroup.com.
revealit Corporation are the creators of an interactive video platform that delivers rich viewing experiences including Augmented Reality to viewers, advertisers, and creators. revealit’s cutting-edge, zero-interruption technology delivers premium shopping experiences for viewers to explore, augment, and discover new products and services that are personalized and relevant.
With revealit, the audience is in control – and the partnership between advertisers, publishers, and creators is more transparent and equitable.
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