YDreams Global Interactive Technologies Inc. (TSXV: YD) (OTC Pink: YDRMF) (FSE: A2AP0L) (“YDreams Global” or the “Company”), wishes to announce the CEO and CTO of YDreams will be travelling to China for a week-long tour in order to strengthen the relationship and develop potential new projects with CRTV International Media (Beijing) Company Ltd. (“CRTV”). YDreams Global announced on January 26, 2017, that it had entered into an MOU with CRTV to collaborate and to develop a virtual reality/ viewer immersion entertainment project that would be centered within the movie and entertainment industry. CRTV owns 76 cinemas and has affiliations with 2,000 theatres and cinemas in China.
Daniel Japiassu, CEO of YDreams stated, “We are very excited to be meeting with CRTV representatives in China. We feel that China may be one of our main future growth drivers and very much look forward to strengthening our contacts as well as potential partners for our Virtual Reality technology.”
YDreams Global also recently announced that Mr. Omar Halloum has been appointed as a consultant to the Company to be the primary liaison for the Middle East and South West Asian countries.
“We look forward to the opportunities that Mr. Halloum may be able to provide for YDreams Global in the region. He is a skilled negotiator with a wide range of high level contacts and we feel he will be instrumental in the planned expansion of YDreams Global into the Middle East. We have just concluded multiple successful initial meetings in Dubai and we hope to be able to formalize some deals in the region within the first half of 2017.”
YDreams (March 3,2017) announced that it had filed for a Provisional Patent for a unique technology solution and business model that may allow for the launch one of the world’s most immersive and scalable Virtual Reality Platforms and Networks.
“We feel that this platform will be a game changer for YDreams, if we execute, as it may catapult YDreams into the forefront of the VR gaming world,” stated Mr. Japiassu. “We anticipate displaying our prototype shortly.”