HONG KONG, CHINA — (Marketwired) — 06/24/16 — NetDragon Websoft Holdings Limited (“NetDragon” or the “Company”) (HKSE: 777), a global leader in building Internet communities, and ARHT Media Inc. (“ARHT”) (TSX VENTURE: ART)(OTCQB: ARHTF), the creator of the most believable and interactive human holograms (“HumaGram” or “HumaGrams”), are pleased to showcase today for the first time in Hong Kong the revolutionary new augmented reality technology live on stage at the Hong Kong Science and Technology Park. Joining on stage was Larry King, a member of the ARHT board of advisors, and television and radio host, as a HumaGram beamed from Los Angeles for a live interaction with the audience, which included the founders of ARHT, singer songwriter Paul Anka and Rene Bharti.
NetDragon is a major shareholder in ARHT and together have a joint venture in Asia that includes a multi-year exclusive license of ARHT–s technology as well as a license of NetDragon–s mobile-focused community, instant messaging and app store technologies. NetDragon will unlock a network of opportunities for the use of HumaGrams, and its supporting technologies to millions of people in China, India and other countries in the Asia Pacific region. On stage today, NetDragon and ARHT were delighted to announce two exciting new developments in line with NetDragon–s strategy to become the world–s largest learning community:
Commenting at the event:
Dr. Simon Leung, Vice Chairman and Executive Director of NetDragon, said, “We are proud to showcase HumaGrams for the first time in Hong Kong and how the partnership between NetDragon and ARHT is starting to bear fruit. We are excited to attract a leading production house like tinePublic to work with us and provide an amazing array of speaker series to complement ARHT–s holographic technology, and NetDragon–s global community platform. Together, we can create celebrity learning events around the world which may have been previously impossible.”
Paul Duffy, CEO of ARHT, said, “We are delighted to collaborate with Tony Robbins and Success Global Media again and featuring him in the world–s largest Augmented and Virtual Reality learning event later this year. We can do this because we make our HumaGram technology affordable and accessible. And through NetDragon–s platform, it–s one of those technologies that will help bring the world closer together.”
About NetDragon Websoft Holdings Limited
NetDragon Websoft Holdings Limited (HKSE: 777) is a global leader in building Internet communities. Established in 1999, NetDragon is a vertically integrated, cutting-edge R&D powerhouse with a highly successful track record which includes the development of flagship MMORPGs such as Eudemons Online and Conquer Online, China–s number one online gaming portal, 17173.com, and China–s most influential smartphone app store platform, 91 Wireless, which was sold to Baidu in 2013 in what was at the time the largest Internet M&A transaction in China. Being China–s pioneer in overseas expansion, NetDragon also directly operates a number of game titles in over 10 languages internationally since 2003. In recent years, NetDragon has emerged as a major player in the global online and mobile learning space as it works to leverage its mobile Internet technologies and operational know-how to develop a game-changing learning ecosystem. For more information, please visit .
About ARHT Media
ARHT Media Inc. creates HumaGrams, the most believable and interactive human holograms. HumaGrams are generated using patent-pending Augmented Reality Holographic Technology (ARHT), which is a scalable, repeatable and transportable form of 3D without the use of special glasses. This unique platform makes it possible for people to engage with HumaGrams, opening up a wide range of applications from interactive retail displays, tradeshow booths, presentations, live shows and concerts. The various applications can be integrated into multiple forms of proximity and mobile marketing tactics to connect with an audience, drive sales efforts and create memorable experiences.
ARHT Media Inc. was co-founded in 2012, by Rene Bharti (Chairman), and entertainer Paul Anka (Chairman, Board of Advisors). ARHT is supported by a diverse and seasoned management team spearheaded by its CEO Paul Duffy, a global entrepreneur and creator of the Digital Human Experience in online, mobile and holographic communications. The ARHT team brings decades of experience from fields including entertainment, technology, marketing and finance. The Board of Advisors of ARHT include the likes of Larry King, Jason Bateman, Richard “Skip” Bronson, Michael Buble, Carlos Slim, Irving Azoff, Dr. Simon Leung and Kevin O–Leary.
ARHT Media trades under the symbol ART on the Toronto Venture Stock Exchange and the OTCQB Exchange under the symbol ARHTF.
For more information, please visit .
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This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, statements regarding the live showcase presented by ARHT and NetDragon; planned future events to be put on by ARHT, NetDragon and their joint venture; ARHT–s technology; the potential uses for ARHT–s technology; the ability of ARHT to monetize the HumaGram technology; and how ARHT–s technology will impact the speaker and education markets. Generally, forward looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of ARHT to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic and competitive uncertainties; regulatory risks; risks inherent in technology operations; and other risks of the technology industry. Although ARHT has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. ARHT does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Contacts:
NetDragon press contact:
Joseph Lo
+852 9850 5033
Karin Wong
+852 9755 6265
Pinnacle Capital Markets Ltd.
Spyros Karellas
Investor Relations
416-433-5696
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