VIRTUALIZATION

Alpha Metaverse Technologies Completes Acquisition of Shape Immersive Entertainment Inc.

Alpha Metaverse Technologies Inc. | May 06, 2022

Alpha Metaverse Technologies Completes
Alpha Metaverse Technologies Inc. (CSE: ALPA) (FSE: 9HN0), (OTC PINK: APETF) (“Alpha” or the “Company”) is pleased to announce, further to its news release dated April 13, 2022, that it has completed the acquisition (the “Acquisition”) of 100% of the issued and outstanding share capital of Shape Immersive Entertainment Inc. (“Shape”) from all of the former shareholders of Shape (the “Shape Shareholders”).

Shape creates three dimensional and non-fungible token (“NFT”) content and experiences for brands including Red Bull® and the Olympics®. Shape has also created metaverse experiences for NFT leaders RTFKT® (recently acquired by Nike®) and Star Atlas®. Bringing Shape’s next-gen content creation abilities into the Company’s portfolio of gaming solutions are intended to accelerate the Company’s metaverse production capabilities, provide cross-selling opportunities across business units and allow further gaming intellectual property development and speed to market. Shape will function as a business unit within the Company and Shape’s management team will continue to lead the studio.

“Acquiring Shape accelerates Alpha’s positioning as a global leader in metaverse technology, NFT content creation and Web3 gaming. Shape’s reputation and skill sets are important assets to add to Alpha’s growing portfolio of gaming ‘software as a service’ applications and metaverse capabilities. The Acquisition will allow the Company to both invest in Shape’s growth and capacity while also giving Alpha the ability to build recognized metaverse gaming experiences in-house,”

 -Brian Wilneff, CEO of Alpha.

A leader in metaverse development since inception in 2018, Shape was founded by Vancouver VR/AR Association co-presidents, Alex Chuang and Dan Burgar. Alex Chuang is a BC Business ‘30 under 30’ award winner and founded Launch Academy, Western Canada’s largest tech incubator, which has helped its members raise over $2 Billion since inception. Dan Burgar is an official ‘top 15 technology voice’ on LinkedIn® and a leading voice generally in the global metaverse community.

“The metaverse is anticipated to be worth between $8 trillion to $13 trillion by 2030. By combining Shape’s talent and experience in Web3 with the existing gaming portfolio and user base of Alpha, Alpha will further its expansion into Web3 and position itself to capitalize on the unique tipping point in technology disruption,” stated James Basnett, CEO of Shape.

In connection with the Acquisition, the Company also announces that 3,500,000 performance warrants that were issued on September 1, 2020 to certain consultants have vested in accordance with their terms and become exercisable.

About Alpha Metaverse Technologies Inc.
Alpha Metaverse Technologies Inc. is a technology company that focuses on emerging industries in Esports, mobile, console and web-based gaming, ecommerce, and other high growth opportunities such as augmented reality / virtual reality Web3 and Blockchain-based businesses. Through a strong portfolio of technology assets and products such as GamerzArena and HeavyChips, Alpha brings a unique mass-appeal focus to modern gaming platforms. Learn more at: www.alphametaverse.com


Spotlight

Minecraft's flexibility and Fortnite's battle pass. See a few of the games that shaped how we play and defined a decade of gaming.


Other News
PRODUCTS,BUSINESS

TQSKY launches T1 Smart Glasses for a Portable Entertainment Experience Like Never Before

TQSKY, | July 08, 2022

TQSKY, a newcomer in the consumer technology offering world class experiences, is releasing the world's first audio-visual glasses, TQSKY T1, on Kickstarter . Slim, light, and fashionable, these AR/XR glasses seek to change how consumers view entertainment options on the go or in the comfort of their own homes. The TQSKY T1 smart glasses come packed with features that distinguish it from other smart glasses, including: A unique design: Multi-color steamer lenses with easy magnetic replacements; a nosepiece made of anti-allergenic skin-friendly material, suitable for a variety of face shapes and skin types; a 90° right-angle interface cable that allows users to lie down and watch content more comfortably. The TQSKY T1 is also adjustable for 0-600° myopia. Enhanced viewing experience: High picture quality together with a 3.5m equivalent viewing distance and 150in ultra-clear giant screen delivers cinematic picture quality at any time. Immersive and CD-grade audio quality: The only audiovisual glasses with Hi-Res sound quality certification that does not require headphones to enjoy high-quality audio. The dual speakers with rotary sound bins lead to a wider sound range, stronger resolution, and better bass and surround sound effects. High privacy: Directional sound transmission with no external amplification allows for more privacy. Luminescent coated privacy lenses create directional light transmission to make any space more private. Highly compatible: The TQSKY T1 can connect with phones, tablets, and gaming systems including the Xbox Series X|S, PlayStation 5, Nintendo Switch, and even drones. Weighing in at only 79g, the TQSKY T1 is comfortable to use on a daily basis while keeping users connected to their world of entertainment and looking fashionable at the same time. We set out to develop products that are highly functional while meeting new age consumer demands. With the technology landscape continuously evolving, the team has enabled integration of various elements to produce the audio-visual glasses that is expected to take over the scene as consumers seek for more immersive experiences," said Jessie Wang, Founder and CEO of TQSKY. Designed for the modern consumer, the TQSKY T1 is available on Kickstarter at an introductory price of $469 (33% off the original price of $799) for the first 100 units. To learn more, visit the campaign at https://www.kickstarter.com/projects/tqksy/tqsky-t1-your-own-portable-and-private-cinema?ref=uxwzj3&token=38b72399 About TQSKY Technology Limited Co. Established in January 2022 by a team of founding members with over 20 years of experience in the industry, TQSKY focuses on the research and development and application of near-eye display and interaction field and is committed to being a leader in the field of audio-visual glasses through the combination of technology and fashion. TQSKY aims to pioneer a more futuristic lifestyle by creating portable, private, and diversified audio-visual experiences for users by developing smart audio-visual products and creating new experiences for private spaces.

Read More

PRODUCTS

WOWCube® Entertainment System by CubiOs Inc., Now Available for Pre-Order

CubiOs Inc | June 23, 2022

CubiOs Inc. announced their one-of-a-kind immersive-reality gaming platform, The WOWCube ® entertainment system, is now available for pre-order. Named one of “The 100 Best Inventions of 2021” by Time Magazine, the WOWCube® system was recognized in 2020 with The Edison Best New Products Award, and was a CES Innovation Award honoree in 2021. It is certified by STEM as an educational gadget and also serves as a stress-relief tool that has a positive impact on the development of motor skills, cognitive function and three-dimensional thinking. Pre-orders for the one-of-a-kind cube-shaped device are now offered at 40% off the launch retail price “For anyone who loves gadgets and games, and parents who want to invest in their child’s cognitive abilities, the WOWCube ® system is a modern version of the Rubik's Cube, that will continue to evolve and entertain,With our WOWCube ® System, players interact with games in a unique and thoughtful way - by examining the action from different angles and sorting it out using motor skills and three-dimensional thinking. It is so much more than a gadget or a game, it’s also a certified educational device and developmental tool, that’s fun too!” -Ilya Osipov, President of CubiOs Inc. The WOWCube ® entertainment system features eight separate cubicle modules connected to each other, that let you interact with the digital world as if it were real. Each module is a separate device with three high-resolution screens and a CPU inside. Video games run simultaneously on all 24 screens covering six sides of the device, as the 3D puzzle cube delivers a unique experience where virtual gameplay is controlled by physically tilting, twisting and shaking. When not in use for gaming, the WOWCube can be placed on the charging dock to connect with your smartphone via Bluetooth, and each of the 24 screens can be used to showcase information you want or need handy. CubiOs Inc. is building an entirely new ecosystem of games, widgets, and apps for the WOWCube ® entertainment system by providing SDK and APIs for developers worldwide, who are inspired by unique possibilities to create immersive-reality worlds on the next-gen cube. More details on the DevKit for developing Cube Apps will be available soon. Pre-orders for the WOWCube ® system are now available at https://wowcube.com/buy, at a fraction of the future retail price, for a limited time only. Consumers who want to get their hands on the cube first can purchase a Starter Pack for $299 which includes WOWCube® Entertainment System, a 30CC$ Gift eCard, 3 games and much more available at WOWCube® Play Store. Additionally, Full Pack “Cut The Rope®” and Full Pack “Space Invaders®” editions, are priced at $349 and include WOWCube® Entertainment System plus a 50CC$ Gift eCard, accessories and pre-installed exclusive games. 40+ free and paid games will be available to consumers by the shipment date. All pre-order purchases are verified and secured, with easy payment options and free refunds, plus a refer-a-friend program. The first batch of WOWCube® Entertainment System plans to be delivered in December 2022. About CubiOs Inc. The company is the creator of the WOWCube ® entertainment system — the first-in-class immersive-reality innovative console and the gaming platform providing a unique experience of interacting with the digital world as if it’s a real object by twisting, shaking, and tilting it. CubiOS Inc. is based in Sarasota, FL, and focuses on design, development, marketing, and distribution of hi-tech consumer robotic toys and entertainment game platforms. It is an independent R&D and manufacturing company, developing breakthrough technologies and innovations, and building the ecosystem around the WOWCube ® entertainment system. The CubiOs Studio is the company's game-design lab that creates next-gen digital apps & widgets running on the WOWCube ® entertainment console.

Read More

MEDIA AND BROADCASTING

ProScreenCast Launches 4K 60Hz HDR Screen Casting Adaptor

ProScreenCast | July 05, 2022

ProScreenCast has announced their newest 4K 60Hz with HDR screen casting adaptor, the SC01, is now available worldwide. SC01 build with HDMI 2.0b and is capable of streaming true 4K resolution up to 60Hz refresh rate with HDR color, it is designed to stream video wirelessly to TV, projector or any display with HDMI. This allows you to experience 4K image quality on a big screen from your mobile phone or PC, without having to run cables across the room.SC01 allows you to stream video from your mobile phone, Pad or PC to a big screen without using any cables. The plug-and-play installation is simple and you do not need to install additional APP to do the setup, everything can be done in the web browser. SC01 supports both 2.4G & 5G Wi-Fi to give you stable connection and is very compact in size and have internal Wi-Fi antenna, which allows you to carry around easily. Usage is also very easy, once setup, you can stream video by Airplay, Miracast, DLNA and Chromecast. You can choose to mirroring your screen to the TV or push the video to TV and still use your mobile for another task. The video streaming latency is almost not noticeable. There also is a button on the device to switch between Landscape & Portrait display, which is suitable to stream portrait video like Tik Tok to big screen. SC01 supports multiple operating system including iOS, Android, Windows and MAC OS. It can be used for watching movies, presentation, gaming and many more. A full specification sheet and info for SC01 are available in www.proscreencast.com SC01 Key Features Stream 4K@60Hz wirelessly HDMI2.0b with HDR 802.11ac dual band WI-FI Easy to use, low latency, stable One button to switch between Landscape & Portrait display Support OS: Android, iOS, Windows, MacOS, Chromecast Suitable for mobile phone, pad, PC, laptop screen sharing About ProScreenCast ProScreenCast started the exploration and development of wireless screen casting solution in 2021. With a team of 20 years R&D experience in AV industry, aiming to explore the best method of wireless HDMI transmission with low latency, simple connection and high-resolution graphics output. Our range of wireless display adaptors fits perfectly for any scene, including watching movie, screen sharing, office meeting, education, gaming and many more.

Read More

BUSINESS

Synamedia acquires Quortex to add just-in-time live video streaming and accelerate its SaaS offerings

Synamedia | July 14, 2022

Synamedia, the world's largest independent video software provider, announced it has acquired Quortex, the privately-held provider of a leading cloud video delivery platform optimized for just-in-time processing of live video streaming. With this acquisition, Synamedia will enhance its cloud Video Network capabilities, complementing its VIVID Workflow as-a-Service (WaaS) with a set of innovative solutions for OTT content processing, disaster recovery, long tail content processing for large service providers, and live events. Using a patented, industry-first, pay-as-you-stream model, Quortex's just-in-time technology provides exactly the resources required at any given time. If no-one is watching a channel, it simply frees up those resources. This methodology provides time to market and considerable cost advantages over existing cloud approaches, while ensuring that every deployed resource has a purpose. For example, for long tail content, Quortex's technology reduces cloud costs up to 67%. Quortex's multi-tenant SaaS technology builds video streams on-the-fly, based on the end users' requirements and matched to viewers' locations, devices and time zones. It adapts to unpredictable network, infrastructure and audiences, and automatically scales cloud resources up and down, leveraging spot instances that take advantage of spare cloud capacity at a fraction of the typical cost, while maintaining quality of experience. The service is designed for any live streaming provider including telcos, cable operators, direct-to-consumer (D2C) players, and broadcasters. As a founding member of Greening of Streaming, and as energy costs spiral and organizations commit to cutting CO2 emissions, Quortex is well positioned to play an important role in sustainability strategies. "By pioneering just-in-time video streaming processing and delivery, Quortex has broken new ground with live services that dynamically spring to life when processing a user request. This radical change in the economics of cloud processing will accelerate the migration of live video services to the cloud. We see enormous potential as we expand Quortex's reach globally - for the fast-growing D2C live streaming market as well as our traditional service provider customer base who want to reduce infrastructure costs and meet their CO2 reduction commitments." -Julien Signes, EVP and General Manager of Video Network at Synamedia Ben Keen, independent analyst and advisor, commented, "True innovation often derives from a dismantling of legacy approaches to a problem and Quortex has brought some timely fresh thinking to video streaming technology. Reversing the traditional 'push' architecture, the Quortex team has come up with a potentially more efficient scalable 'pull' process that uses bandwidth only when it is required. The addition of this true SaaS proposition to the portfolio should allow Synamedia to offer live streaming services to a far broader range of increasingly cost-sensitive and environmentally-aware customers." Marc Baillavoine, CEO and Founder of Quortex, said, "With our breakthrough just-in-time approach, we have turned the live streaming model on its head, ditching the need to wastefully provision streaming resources just-in-case. We believe that with Synamedia's global reach and complementary product lines, we can accelerate our mission to transform the agility and cost of streaming and slash its carbon footprint." Quortex was founded in Rennes, France, in 2018 by a team of video industry experts with more than 100 patents. Customers include beIN Group Media, M6 and Red Bee Media. The company's employees in France and the UK will be joining Synamedia. Quortex has been supported since its inception by Elaia, Go Capital, Unexo and business angels. Its technology will be part of Synamedia's Video Network portfolio, and the company will continue to operate under its own brand while taking advantage of Synamedia's customer base, financial strength and global presence. About Synamedia We're trusted by service providers and content owners to protect, enrich, and deliver video. The flexibility and agility of our cloud products enable customers of all types and sizes to launch, monetize, and scale services at speed. Our award-winning portfolio includes intelligence-led anti-piracy, advanced advertising, business analytics, broadband and streaming video platforms, and video network cloud and software solutions. Synamedia is backed by the Permira funds and Sky.

Read More