YDreams wins Brazilian VR contract from energy company
2017-08-17 06:21 ET – News Release
Mr. Daniel Japiassu reports
YDREAMS GLOBAL SIGNS NEW VIRTUAL REALITY CONTRACT WITH ONE OF THE 5 LARGEST ENERGY COMPANIES IN THE WORLD
YDreams Global Interactive Technologies Inc. has been commissioned by one of the top five energy companies in the world with over $17-billion (U.S.) 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 $175-million (U.S.) investment as part of a two-year plan for investing $3.8-billion (U.S.) in Brazil, to generate 340 gigawatt-hours 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 carbon dioxide.
Daniel Japiassu, chief executive officer for YDreams Global, explained that, “Our noteworthy global energy clients assignment counted on the large expertise of our company in creating an immersive virtual reality experience.”
The global energy company, with over 84 gigawatts of global energy capacity in Brazil, has a network of gas and energy distribution of over 1.9 million kilometres. 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 believe this first assignment with such a large company, committed to long-term investments in clean energy, may bring many future business opportunities for YDreams Global in this entire industry,” said Mr. Japiassu.
Mr. Japiassu concluded: “YDreams continues to work with global leaders to create virtual and augmented reality projects. We feel that no other public company on the TSX Venture [Exchange] 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.”
About YDreams Global Interactive Technologies Inc.
YDreams Global Interactive Technologies 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.
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