Contract Revenue is $300,000USD Plus 5 Year Management Program Revenue Fees
VANCOUVER and ERIE, PA, April 29, 2020 – Imagine AR Inc. (IP:CSE) (IPNFF:OTCQB) (“ImagineAR” or “Company”) is pleased to announce the signing of a five year $300,000USD licensing agreement to provide its Augmented Reality Platform to SlapItOn for the launch of their new line of interactive products featuring social media leaders, athletes and celebrities. In addition to the five-year licensing fee, the agreement also provides for program management fees over the term which can significantly increase the annual revenue.
SlapItOn Ownership Includes Elite Athletes SlapItOn is owned by an elite group of professional athletes including Founder, Chief Executive Officer and National Football League All-Pro Mike Vanderjagt and co-founders National Football League Hall of Famer and All-Pro Troy Aikman, National Hockey League Hall of Famer and AllStar Mike Modano, Major League Baseball All-Star and Two-Time World Champion Johnny Damon, National Basketball Association All-Star, NBA Champion and Olympic Gold Medalist Steve Smith and National Soccer Hall of Famer and Major League Soccer All-Star Cobi Jones.
The custom graphics company can take any image and convert it into an action decal in various sizes including walls, laptops, tablets and smartphones. As a result of this Agreement with ImagineARTM, SlapItOn will now be expanding its offering to deliver interactive products integrated as an ‘all-in-one’ collectible sports card, decal and social media via augmented reality right into the homes of fans.
Mike Vanderjagt, Founder & CEO of SlapItOn stated “ImagineARTM is the most advanced augmented reality mobile platform in the marketplace today. By integrating ImagineARTM with hi-tech vinyl decals, we will be launching our new SlapItOn Interactive product line featuring social media leaders in sports & entertainment globally. We are planning to provide a unique platform in today’s world for artists and athletes to engage safely and consistently with fans in their homes.”
Alen Paul Silverrstieen, CEO of ImagineAR, stated “We are truly excited to develop a new product category with SlapItOn. Working with Mike and his sports legend partners, we are very optimistic that this partnership will grow significantly in the next few years.”
ImagineAR Launches AGORACOM Online Marketing And “CEO Verified” Discussion Forum as Primary Investor Social Media Discussion Platform ImagineAR Inc. announced the launch of a “CEO Verified” Discussion Forum on AGORACOM. The forum will serve as the Company’s primary social media platform to interact with both shareholders and the broader investment community in a fully moderated environment.
The ImagineAR HUB is live and can be found at https://agoracom.com/ir/Imaginear ImagineAR will also receive significant exposure through millions of content brand insertions on the AGORACOM network and extensive search engine marketing over the next 12 months. In addition, exclusive sponsorships of invaluable digital properties such as the AGORACOM home page and the AGORACOM Twitter account will serve to significantly raise brand awareness of the Company among small cap investors. AGORACOM is the only small cap marketing firm to hold a Twitter Verified badge, averaging 4.2 million Twitter impressions per month in 2019.
This News Release is available on the company’s CEO Verified Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.
ABOUT SlapItOn SlapItOn is a custom graphics company that can take any image and turn it into an INTERACTIVE AR ACTION DECAL. The action decals are cut contoured and available in various sizes: wall, locker, tablet, and smartphone. A SlapItOn is made of a hi-tech vinyl that is reusable and is safe for any surface. To learn more, visit SlapItOn.Us
About ImagineAR ImagineAR Inc. (CSE: IP) (OTC: IPNFF) is an augmented reality (AR) platform, ImagineAR.com, that enables businesses of any size to create and implement their own AR campaigns with no programming or technology experience. Every organization, from professional sports franchises to small retailers, can develop interactive AR campaigns that blend the real and digital worlds. Customers simply point their mobile device at logos, signs, buildings, products, landmarks and more to instantly engage videos, information, advertisements, coupons, 3D holograms and any interactive content all hosted in the cloud and managed using a menu-driven portal. Integrated real-time analytics means that all customer interaction is tracked and measured in real-time.
The AR Enterprise platform supports both IOS and Android mobile devices and upcoming wearable technologies. For more information or to explore working with Imagination Park, please email email@example.com, or visit www.imagineAR.com. All trademarks of the property of respective owners.
ON BEHALF OF THE BOARD Alen Paul Silverrstieen President & CEO