YDreams Global Signs First Arkave VR Deal in the U.S. with Andretti Indoor Karting & Games
VANCOUVER, B.C. / TheNewswire / November 28th, 2018 – YDreams Global Technologies Inc. (TSX-V: YD) (“YDreams” or the “Company”) a leading designer and developer of augmented and virtual reality experiences, today announced that the first U.S. installation of its Arkave VR platform will be at Andretti Indoor Karting & Games located in Marietta, Georgia. The 100,000 sq. ft facility features high-speed super-karts, multi-level European-style tracks, state-of-of-the-art arcade, XD motion theater, professional VR racing simulators.
The Andretti team had a firsthand demonstration of the Arkave VR in Orlando Florida while attending the IAAPA Conference in mid-November and came away extremely impressed by the experience. Discussions advanced quickly, and the two sides signed the agreement shortly after the conclusion of the conference.
The installation will mark the first U.S. Family Entertainment Center (FEC) deal for Arkave VR, which was officially released earlier this month. The Arkave VR Arena will be installed in time for the Holiday Season.
“There are very few companies that understand the value of high-volume, intense entertainment for consumers in a family setting, and Andretti Indoor Karting immediately saw the potential for Arkave VR in their facilities,” said Daniel Japiassu, CEO of YDreams Global. “We want to grow this next-generation VR experience with Andretti Indoor Karting & Games, as they open more locations across the U.S.”
“We are always seeking the next wave of entertainment for our centers, and with multi-user VR, we wanted something that was not as strenuous as back packs for our customers, and we also sought a company that had the design capabilities to help facilitate VR on a long-term basis,” said Lee Pitts, CEO of Andretti Indoor Karting. “We have seen the future of FEC entertainment, and it is clearly an immersive, VR-driven experience. YDreams captivates the imagination of the VR consumer and understands how to create a fun experience that is repeatable.”
“The early reactions to Arkave VR from both hard-core gamers and casual gamers has been tremendous, and we continue to make necessary modifications to the platform,” said Francisco Chaves, head of Arkave VR. “The U.S. market offers a wide range of opportunities for Arkave VR, and our relationship with Andretti is the first step on this journey.”
About Andretti Indoor Karting and Games
Andretti Indoor Karting & Games is headquartered in Roswell, GA and was established in 2001. Our 100,000+ sq. ft entertainment and event centers feature high-speed super-karts, multi-level European-style tracks, state of the art arcade, XD motion theater, professional VR racing simulators, high level ropes course and attractions such as cosmic rock wall, zip line, laser tag and bowling.
Each location is also home to The Andretti Grill, a made from scratch restaurant/bar delivering fresh, American favorites with a Brick Pizza Oven and XXL Big Green Egg and capabilities to serve our 10,000+ square feet of event and meeting space. Locations are currently open in Roswell, GA, Marietta, GA, Orlando, FL and San Antonio TX. More locations are planned.
For more information, please visit www.andrettikarting.com.
The company also owns and operates the Andretti Thrill Park in Melbourne, Fla. This outdoor park opened in 1999, and features five go-kart tracks, miniature golf, laser tag, rock wall, ropes course, family spinning coaster, batting cages, Andretti Challenge super-karts, paddle boats, kiddie rides and the largest arcade in the space coast.
For more information please visit www.andrettithrillpark.
About YDreams Global
YDreams Global Interactive Technologies Inc. (www.ydreamsglobal.com) is a technology company with offices in Vancouver, Sao Paulo and Rio de Janeiro. that combines Augmented and Virtual Reality Technology, Design and Intelligence to respond to the challenges and demands of today’s users and consumers.
The YDStudio division works as a partner for companies and brands to reframe their strategy through relevant human-centered ventures that integrates digital experience with physical presence and venues. YDStudio anticipates future challenges and connects them with the needs of the market, building innovative concepts and delivering them with international excellence.
YDreams Global?s Studio have developed over 1,300 projects for clients all over the world, such as Disney, NBA, Adidas, Cisco, Nokia, Nike, Mercedes Benz, Coca-Cola, Santander, AmBev, Qualcomm, Unilever, City of Rio and Fiat.
Beyond the YDStudio division that works in a project based industry, the Company has launched the product Arkave VR, a gaming arena that brings the most immersive experience of Virtual Reality with a highly scalable business model.
Arkave VR has a flagship store in Brazil and is being expanded to the United States and Canada through a network of distributors that will focus on the thousands of Family Entertainment Centers that exist in North America and are in constant search for innovative attractions.
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