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Virtualware partners with VRLOGIC to leverage its VR CAVEs business with VIROO.

Spanish technology company Virtualware (EPA: MLVIR), one of the European leaders in the virtual reality industry, recently signed a partnership agreement with the German company VRLOGIC GmbH to leverage its VR CAVEs business with VIROO.

The agreement welcomes VRLOGIC to the VIROO Partner Program with the goal of expanding VIROO into the VR CAVEs market, as well as into the training and educational areas.

VRLOGIC, located in Dieburg, offers professional Virtual Reality (VR), Augmented Reality (AR), and 3D solutions. Since their establishment in 2002, the company has specialized in sales, service, and support for a comprehensive range of VR and AR products. VRLOGIC GmbH helps customers to optimize their processes, enhance their products, and improve their training and education.

“VIROO VR platform opens new possibilities in training, education, and remote collaboration. If you are looking for a versatile and powerful platform that allows you to create, manage and deploy VR content across multiple devices, from headsets to VR CAVEs, don’t look any further. This is the future of VR.” Andreas Schoebel, Managing Director at VRLOGIC.

“We are thrilled to welcome VRLOGIC to VIROO’s Partner Program as Service Partner. A valuable business partner, with a historical track record of over 20 years in the Central European market and expertise in 3D visualization. Their dedication to the VIROO product, reflected in the quality of their service and their commitment to its high-quality visualization and multi-user connectivity features, represents a significant achievement.”, said Jesus Garrido, Global Sales Manager of Virtualware.

Virtualware’s flagship product VIROO is the world’s pioneering VR as a Service (VRaaS) platform, makes Virtual Reality accessible to companies and institutions of all sizes and sectors. It is an all-in-one digital solution that enables the development and deployment of multi-user Virtual Reality applications remotely.

Headquartered in Bilbao, Spain, Virtualware is a global pioneer in developing virtual reality solutions for major industrial, educational, and healthcare conglomerates. Since its founding in 2004, the company has garnered widespread recognition for its accomplishments. In 2021, Virtualware was acknowledged as the world’s most Innovative VR Company.

With a diverse client base that includes GE Hitachi Nuclear Energy, Ontario Power Generation, Petronas, Iberdrola, Alstom, Guardian Glass, Gestamp, Danone, Johnson & Johnson, Biogen, Bayer, ADIF, the Spanish Ministry of Defense, Invest WindsorEssex, McMaster University, University of El Salvador and EAN University, and a network of partners worldwide, Virtualware is poised for further global expansion.

This document is only provided for information purposes and does not constitute, nor should it be interpreted as, an offer to sell or exchange or acquire, or an invitation for offers to buy securities issued by any of the aforementioned companies. Any decision to buy or invest in securities in relation to a specific issue must be made solely and exclusively on the basis of the information set out in the pertinent prospectus filed by the company in relation to such specific issue. No one who becomes aware of the information contained in this report should regard it as definitive, because it is subject to changes and modifications.

This document contains or may contain forward looking statements regarding intentions, expectations or projections of Virtualware 2007, S.A. (Virtualwareor the Company) or of its management on the date thereof, that refer to or incorporate various assumptions and projections, including projections about the future earnings of the business. The statements contained herein are based on our current projections, but the actual results may be substantially modified in the future by various risks and other factors that may cause the results or final decisions to differ from such intentions, projections or estimates. These factors include, without limitation, (1) the market situation, macroeconomic factors, regulatory, political or government guidelines, (2) domestic and international stock market movements, exchange rates and interest rates, (3) competitive pressures, (4) technological changes, (5) alterations in the financial situation, creditworthiness or solvency of our customers, debtors or counterparts. These factors could cause or result in actual events differing from the information and intentions stated, projected or forecast in this document or in other past or future documents. Virtualware does not undertake to publicly revise the contents of this or any other document, either if the events are not as described herein, or if such events lead to changes in the information contained in this document. This disclaimer needs to be taken into account by those persons which may take a decision over the base of this document or to elaborate or disseminate opinions based hereof.  This document may contain summarised information or information that has not been audited. This document is confidential and it cannot be revealed or disclosed to third parties different from the original recipients, even partially, without Virtualwares prior consent.

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