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Launch of Apollo 11 HD

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RNS Number : 3957I
VR Education Holdings PLC
26 November 2018
 

For immediate release

26 November 2018

 

VR Education Holdings plc

('VR Education' or the 'Group')

 

Launch of Apollo 11 HD

 

VR Education (AIM: VRE; ESM: 6VR), a leading virtual reality ('VR') technology company focused on the education space, is pleased to announce the launch of Apollo 11 HD on HTC Vive, Oculus Rift and Windows Mixed Reality. The Group anticipates that the PlayStation VR version will be available in Q2 2019.

 

The new High Definition ('HD') version builds on the Group's award-winning Apollo 11 VR showcase experience which was developed in 2016 and provides users the ability to witness the moon landing first-hand in virtual reality, from the viewpoint of the US astronaut Neil Armstrong. As at 31 October 2018, the original Apollo 11 VR showcase experience had been downloaded circa 145,000 times across all the various sales platforms.

 

The new HD version is a complete rebuild of all the assets from the original experience with new models, new textures and new animations.

 

David Whelan, CEO of VR Education, said: "The original Apollo 11 VR showcase experience has been a great success, bringing additional revenue to the Group and also effectively showcasing our technology in advance of the launch of our ENGAGE platform in December 2018. Apollo 11 is still in demand across a variety of platforms and we are confident that this new HD version will stimulate further interest.

 

"The original Apollo 11 was built when we had a small team of three working for the Group. This new version enhances the user experience greatly as we have had the time and expertise to give the experience a level of polish not achievable before, due to new technology and overall talent available at VR Education today. The coming year represents the 50th anniversary of the moon walk and we believe Apollo 11 HD will be in high demand throughout the next 12 months and beyond."

 

- Ends -

 

For further information, please contact:

VR Education Holdings plc

David Whelan, CEO

Sandra Whelan, COO

 

Tel: +353 87 665 6708

[email protected]

Cairn Financial Advisers LLP (Nominated Adviser)

James Caithie / Liam Murray / Richard Nash

 

Tel: +44 (0) 20 7213 0880

Stockdale Securities Limited (Joint Broker)

Andy Crossley / Ed Thomas

 

Tel: +44 (0) 20 7601 6100

Davy (Joint Broker & ESM Adviser)

Fergal Meegan / Ronan Veale / Barry Murphy

 

Tel: +353 1 679 7788

 

Buchanan (UK Financial PR)

Henry Harrison-Topham / Chris Lane / Tilly Abraham

 

Tel: +44 (0)20 7466 5000

[email protected]

 

Fuller Marketing (Irish Corporate PR)

Ruth Fuller / Sheila Kelleher

 

 

Tel: +353 87 981 3176

[email protected]

 

Notes to Editors

 

VR Education, together with its wholly owned subsidiary, is an early stage VR software and technology group based in Waterford, Ireland, dedicated to transforming the delivery methods of education and corporate training by utilising VR technologies to deliver fully immersive virtual learning experiences.  The Group's core focus is the development and commercialisation of its online virtual social learning and presentation platform called ENGAGE, which provides a platform for creating, sharing and delivering proprietary and third-party VR content for educational and corporate training purposes.

 

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 an early access version of the Group's Titanic VR experience.

 

On 12 March 2018, VR Education listed on the AIM market of the London Stock Exchange and on the Enterprise Securities Market, a market regulated by Euronext Dublin.

 

For further information, please visit www.vreducationholdings.com.

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
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