Metavista3D Celebrates Strategic Partnership with Korean Conglomerate
Vancouver, British Columbia–(Newsfile Corp. – January 14, 2025) – Metavista3D Inc. (TSXV: DDD) (FSE: E3T) (“Metavista3D” or the “Company”) Achieving a significant milestone at this year’s Consumer Electronics Show (CES), Metavista3D showcased its visionary technology at a prime location on the exhibition floor, capturing the attention of industry leaders and innovators alike. The event not only positioned Metavista3D at the forefront of the metaverse and immersive technology sectors but also facilitated the formation of a pivotal partnership that will propel its future advancements.
Prime Exhibition Space and Positive Reception
Taking over the spot previously reserved for tech giant Hewlett-Packard (NYSE: HPQ), Metavista3D attracted significant interest with its immersive 3D solutions, eliciting praises from attendees and securing valuable leads. This strategic positioning and subsequent visibility have reinforced its reputation as a key player in the realm of immersive experiences and 3D content.
Forging New Pathways with Caliverse
One of the most notable achievements at CES 2025 was the signing of a Memorandum of Understanding (MOU) with Caliverse, Inc., a subsidiary within the influential Lotte Group. Specializing in integrating real-world content into virtual worlds, Caliverse brings its considerable expertise and visionary goals to this partnership. Together, they aim to revolutionize immersive entertainment experiences, leveraging Metavista3D’s multi-user display technology to unlock vast market opportunities. The partnership promises to blend Metavista3D’s cutting-edge technology with Caliverse’s ambitious vision, making significant inroads into the burgeoning metaverse landscape.
In the Picture from left to right: Dr. Rolf-Dieter Naske, CTO of Metavista3D, Kim DongKyu, CEO of Caliverse, Jeff Carlson, CEO of Metavista3D
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Vision for Expansion and Innovation
Reflecting on the partnership’s potential, Jeff Carlson, spokesperson for Metavista3D, shared his enthusiasm: “This partnership allows Metavista3D to enter new markets and tap into the growing demand for immersive technology in entertainment. The metaverse is still an underdeveloped opportunity for our company, and we’re thrilled to be part of this rapidly evolving space. The possibilities are endless, and we look forward to what lies ahead.”
This strategic alliance positions Metavista3D to make significant strides in developing next-generation digital experiences, exemplifying a commitment to innovation and industry leadership. As Metavista3D continues to break new ground, the future indeed looks promising for this dynamic company as it redefines digital engagement and immersive entertainment.
About CES
CES is the most powerful tech event in the world. This event is where brands get business done and where the industry’s sharpest minds take the stage to unveil their latest groundbreaking innovation. CES is produced by the Consumer Technology Association (CTA)®. For more information, visit www.ces.tech.
About Caliverse
Caliverse, Inc., a subsidiary of Lotte Group, is an immersive entertainment company focusing on integrating real-world content into the metaverse. With expertise in 3D shopping experiences, live entertainment, and virtual concerts, Caliverse is shaping the future of entertainment in the digital age. For more information, visit: www.caliverse.io/en and www.lotte.co.kr
About Metavista3D (www.metavista3d.com)
Metavista3D Inc., through its wholly-owned subsidiary, psHolix AG, is at the forefront of developing AI-driven, pseudo-holographic display technologies designed to transform how we interact with spatial content. With over 20 patents and a commitment to innovation, Metavista3D is shaping the future of immersive, glasses-free 3D experiences. For more information, visit: www.metavista3D.com.
Metavista3D’s shares are publicly traded and listed in Canada on the TSX-Venture Exchange under the ticker symbol DDD, and on the German Stock Exchange in Frankfurt and others under the ticker symbol E3T. Metavista3D’s ISIN number is CA59142H1073 and German WKN number is A3EG0D.
ON BEHALF OF THE BOARD OF DIRECTORS
Jeffrey Carlson
CEO and Director
E: jeff@metavista3d.com
T: (647) 697-9199
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
Notice Regarding Forward-Looking Information:
This news release contains forward-looking statements including but not limited to statements regarding the Company’s business, assets or investments, as well other statements that are not historical facts. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur. By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will not occur, which may cause actual performance and results in future periods to differ materially from any estimates or projections of future performance or results expressed or implied by such forward-looking statements. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, investor interest in the business and prospects of the Company.
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