ImagineAR (OTCQB: IPNFF) Announces Mobile App AugmentedReality Partnership with Pittsburgh Riverhounds SC of the United Soccer League

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ImagineAR Executes First Agreement with a Professional USA Soccer Team

VANCOUVER, BC and ERIE, PA, Jan. 27, 2022 /CNW/ - Imagine AR Inc. (CSE: IP) (OTCQB: IPNFF) ("ImagineAR" or "Company") an Augmented Reality Company that enables sports teams, businesses and enterprises to instantly create their own AR mobile campaigns, is pleased to announce a new two year agreement with the Pittsburgh Riverhounds SC of the USL Championship. This ImagineAR SDK mobile app two-year agreement is structured as a revenue sharing partnership for all augmented reality activations and sponsorships. The team is targeting to launch the partnership this 2022 season starting in March.

ImagineAR Inc. Logo (CNW Group/ImagineAR Inc.)
ImagineAR Inc. Logo (CNW Group/ImagineAR Inc.)

Vic Gregovits, President of Pittsburgh Riverhounds SC, stated: "We are excited to bring Augmented Reality to the Riverhounds. ImagineAR will help us deliver content and enhance the experience for Riverhounds fans. Having worked with Imagine AR in my previous position in MiLB, we were successful in keeping our fans engaged with our partnership during the pandemic. We are excited to be the first USL client for ImagineAR and plan to bring our soccer fans into the metaverse this season".

"ImagineAR is thrilled to secure our first United States Soccer Team and work with Vic again," said Alen Paul Silverrstieen, CEO and President of ImagineAR, "Neal Bendesky of ImagineAR will be working closely with the team to develop new sponsorship activations and interactive fan engagements."

About ImagineAR

ImagineAR Inc. (CSE: IP) (OTC: IPNFF) is an augmented reality (AR) platform, ImagineAR.com, that enables businesses of any size to create and implement their own AR campaigns with no programming or technology experience. Every organization, from professional sports franchises to small retailers, can develop interactive AR campaigns that blend the real and digital worlds. Customers simply point their mobile device at logos, signs, buildings, (products, landmarks and more to instantly engage videos, information, advertisements, coupons,3D holograms and any interactive content all hosted in the cloud and managed using a menu-driven portal. Integrated real-time analytics means that all customer interaction is tracked and measured in real-time. The AR Enterprise platform supports both IOS and Android mobile devices and upcoming wearable technologies. The AR Platform is available as an SDK Plug-in for existing mobile apps.

2021 STA Global Category Award Winner for Fan Engagement.

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ON BEHALF OF THE BOARD

Alen Paul Silverrstieen
President & CEO

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Forward-Looking Information and Statements

This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or forward-looking statements 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 may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved".

The forward-looking information and forward-looking statements contained herein include, but is not limited to, statements regarding the future revenue sharing opportunities.
By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance, or achievements of the Company to be materially different from those expressed or implied by such information and statements.

Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws.

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SOURCE ImagineAR Inc.

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