YDreams Global Interactive Technologies Inc. (TSXV: YD) (OTC Pink: YDRMF) (FSE: A2AP0L) (“YDreams Global” or the “Company”), a creative technology supplier for Fortune 500 brands such as Cisco, Qualcomm, Intel and Coca-Cola, has been commissioned by one of the Top 5 energy companies in the world with over $17 billion USD in annual revenue, to create a Virtual Reality (“VR”) immersive experience to present to guests at the largest solar energy complex in Brazil. The new facility is a result of US$175 million investment as part of a two year plan for investing US$3.8 billion in Brazil, to generate 340 GWh of clean energy per year and fully meet the requirements of 166,000 homes in the Brazilian Northeast, avoiding the emission of 198,000 tons of CO2.
Daniel Japiassu, CEO for YDreams Global, explains that, “Our noteworthy global energy client´s assignment counted on the large expertise of our Company in creating an immersive Virtual Reality experience.”
The global energy company, with over 84 GW of global energy capacity in Brazil, has a network of gas and energy distribution of over 1.9 million kilometers. Present in over 30 countries in four continents, the company has made major acquisitions in the Brazilian market and supplies energy to over 10 million people in the country. “We hope this first assignment with such a large company, committed to long term investments in clean energy, may bring future business opportunities for YDreams Global in this industry,” says Mr. Japiassu.
Mr. Japiassu concluded, “YDreams continues to work with global leaders to create virtual and augmented reality projects. Very few public companies on the TSX Venture has the list of working relationships with Fortune 500 and other global leading companies that YDreams can boast. We are building on these major contacts to leverage our global expertise in the augmented and virtual reality areas. We have proven to be one of the leaders in this space and feel that the market is currently underestimating the impact of virtual reality companies. We are very optimistic about the future growth of the Company and feel this segment will garner significant market focus.”