YDX signs partnership with Launch Family Entertainment to distribute Arkave VR
VANCOUVER, B.C. – September 26th, 2019 – YDX Innovation Corp (TSX-V: YDX, OTC: YDRMF, FSE: A2PB03) (“
“We are thrilled with the partnership with Launch and appreciate the trust in our product. This all started by testing Arkave at Launch Doral so we could learn more about how to operate a VR attraction at a trampoline park and we are happy to see the relationship developing. We are constantly improving the product so our clients can have the best of VR in their locations and bring the best return of their investment” – stated Daniel Japiassu, CEO of YDX Innovation Corp.
About Launch Family Entertainment
Launch Trampoline Parks is a part of one of the fastest-growing family recreation trends. The trend started almost a decade ago with only a handful of trampoline parks and has grown with industry revenues at approximately $680 million according to the industry association.
Each Launch is a year-round family entertainment center featuring giant trampoline jump surfaces,
Extracted from Launch Website: https://www.launchfranchisingllc.com/about-launch/
About YDX Innovation
Currently, three divisions are part of the YDX Family:
Game On Festival– www.gameonfestival.com– is a new event under development by the Company that combines eSports Tournaments with a large Interactive Exhibition about the videogame industry and its history.
Director and CEO
Although the project represents a growing trend and focuses on creative VR projects for the Company, revenues and other financial metrics at this moment from the project are not material to the Company and are generally consistent with other recently completed projects and those in the Company’s current pipeline.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
This communication contains “forward-looking statements” within the meaning of applicable Canadian securities regulations. All statements other than statements of historical fact herein, including, without limitation, statements regarding our current and future plans and objectives, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and future events and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations, as well as a list of risk factors that we deem relevant, are disclosed in the documents we file from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound. Forward-looking statements are based on our current assumptions, estimates, and opinions and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. We do not undertake any obligation to update forward-looking statements should our assumptions, estimates or opinions change, other than as required by law and readers are advised not to place undue reliance on forward-looking statements.
Statements included in this announcement, including statements concerning our plans, intentions, and expectations, which are not historical in nature are intended to be, and are hereby identified as, “forward‐looking statements”.Forward‐looking statements may be identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expects” and similar expressions. The Company cautions readers that forward‐looking statements, including without limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward‐looking statements.