SAINT-HUBERT, Quebec, Feb. 25, 2021 (GLOBE NEWSWIRE) — Urbanimmersive Inc. (“Urbanimmersive”, the “Firm” or “UI”) (TSX VENTURE: UI) (OTCQB: UBMRF) is happy to announce right now that the Firm has signed a letter of intent (“LOI”) with Prospect Software program Inc. (“Prospects” or “Prospects Software program”), a number one actual property software program resolution together with Prospects CRM, Prospects Cell in Canada and MLS-Contact in the US (Prospects.com) and supplied to almost 400,000 actual property brokers in North America.
Beneath this LOI, each events interact to associate in sharing sources, knowhow and applied sciences to ascertain a seamless integration of Urbanimmersive’s 3D excursions expertise inside the Prospects app and software program. The mixing will enable Prospects’ customers to simply seize 360 photos, produce 3D excursions and e-book 3D conferences from inside the Prospects Cell and MLS-Contact apps.
Because the LOI units the start of a possible extremely strategic integration and commercialization partnership, Mr. Drouin additionally agreed to hitch the group as an exterior marketing consultant. Mr. Drouin has a powerful observe report in the actual property trade, each in Canada and United States and his firm, Prospects Software program, has a robust buyer and gross sales progress in North America. Earlier than founding Prospects again in 1999, Mr. Drouin has additionally held numerous enterprise growth capabilities inside telecommunications corporations.
“I’m actually excited concerning the potential of this partnership and serving to the group as a marketing consultant will simply tighten this new extremely strategic relationship. I imagine Urbanimmersive cost-effective 3D resolution and its distinctive 3D avatars video-conferencing function (‘UiMeet3D’) is a recreation changer in our trade. The expertise they’ve created is exclusive and far more participating than we’ve seen prior to now. Digital 3D showings/excursions will assist brokers and customers keep protected and save time, even as soon as the pandemic is behind us. We glance ahead in serving to Urbanimmersive commercializing their 3D improvements”, acknowledged Charles Drouin.
“Being chosen by such a market chief is an honor and confirms the energy of our 3D expertise providing available on the market. His in depth expertise in the actual property brokerage trade and data of web-based software program purposes will probably be significantly priceless as Urbanimmersive is getting into into the subsequent part of commercialization of its 3D tour expertise, ” acknowledged Ghislain Lemire, President and Chief Govt Officer of Urbanimmersive.
Whereas each corporations have agreed in precept on the subject of the profit-sharing mannequin and technological integration, the milestones and growth street map are nonetheless in a working course of and will contain some adjustments over time. The ultimate partnership settlement can also be topic to a passable due diligence from each events in addition to technological feasibility.
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About Prospects Software program
Prospects Software program is a privately-owned firm based mostly in Montreal, Canada. Prospects empowers actual property brokers with progressive software program options together with a strong buyer relationship administration system particularly designed for brokers and groups. Prospects can also be the creator of the broadly adopted Cell MLS app referred to as Prospects Cell in Canada and MLS-Contact in the US. With over 100 000 customers of its CRM resolution and greater than 400 000 customers of its cellular resolution, Prospects is quickly changing into an trade chief in North America. Be taught extra at Prospects.com.
Urbanimmersive is a SaaS enterprise administration resolution that gives mission-critical options to visible content material suppliers serving the actual property residential, business, building, and native enterprise markets. Urbanimmersive’ platform helps clients to extend operational productiveness and delivering the complete potential of visible content material creations by modern web sites builder instrument, AI-backed picture indexing, strong file switch methods, and interactive visible expertise options. The agency’s core expertise is a 3D emulator powered by a visible content material recognition post-production algorithm that delivers on-line and offline options to conventional 3D engines for the creation of immersive digital environments. Be taught extra at urbanimmersive.com.
Warning of Ahead-Wanting Statements
Sure statements on this information launch, apart from statements of historic reality, are forward-looking data that includes numerous dangers and uncertainties. Such statements regarding, amongst different issues, the prospects for the corporate to reinforce working outcomes, are essentially topic to dangers and uncertainties, a few of that are vital in scope and nature. These uncertainties might trigger precise outcomes to vary from data contained herein. There will be no assurance that such statements will show to be correct. Precise outcomes and future occasions might differ materially from these anticipated in such statements. These and all subsequent written and oral forward-looking statements are based mostly on the estimates and opinions of the administration on the dates they’re made and expressly certified of their entirety by this discover. The Firm assumes no obligation to replace forward-looking statements ought to circumstances or administration estimates or opinions change.
For extra data, please contact:
Urbanimmersive Inc. Ghislain Lemire President & CEO 514-394-7820 X 202
Simon Bédard, CA, CPA, CFA, MBA
Chief Monetary Officer
514 394-7820 X 224