VR Education Hldgs - MOU with Virtual College
For immediate release
('VR Education' or the 'Group')
Memorandum of Understanding with
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
Founded in 1995,
VR Education's ENGAGE platform is a world leading education, training and communications tool used by educators and enterprise clients to provide remote training, distance learning, and, most recently, as a platform to provide global virtual events.
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
Commenting on the MOU, David Whelan, CEO of VR Education, said:
"We have always focused on using new technology to enhance the traditional approach to training, and our work with VR Education to deliver training using virtual reality, really helps accelerate that theme.
I am tremendously excited at the prospects for our combined proposition and look forward to progressing our relationship in the years ahead."
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
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For further information, please contact:
David Whelan, CEO
Tel: +353 87 665 6708
James Caithie /
Tel: +44 (0) 20 7213 0880
Tel: +44 (0) 20 7186 9952
Davy (Joint Broker & Euronext Growth Advisor)
Tel: +353 1 679 6363
Buchanan (Financial PR)
Tel: +44 (0)20 7466 5000
Notes to Editors
VR Education, together with its wholly owned subsidiary, is an early stage VR software and technology group based in
In addition to the ongoing development of the ENGAGE platform, the Group has also built two downloadable showcase VR experiences, being the award-winning Apollo 11 VR experience and the Titanic VR experience.
This information is provided by RNS, the news service of the
Quick facts: VR Education Holdings PLC
Market Cap: £31.67 m
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