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PR Newswire

WiMi Hologram Reports 140.0% Year-over-Year Revenue Growth to US$ 117.4 million in 2020

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BEIJING, April 29, 2021 — WiMi Hologram Cloud Inc. (Nasdaq: WIMI) ("WiMi" or the "Company"), a leading Hologram Augmented Reality ("AR") Technology provider, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2020, with the Securities and Exchange Commission (the "SEC").

The Company reported that its revenues increased by approximately RMB 446.8 million, or 140.0 %, from approximately RMB 319.2 million for the year ended December 31, 2019 to approximately RMB 766.0 million (US$ 117.4 million) for the year ended December 31, 2020.The Company reported non-GAAP net income, which is defined as net income (loss) before the impact of stock compensation expenses, of RMB 40.3 million (US$ 6.2 million) for the year ended December 31, 2020. Research and development expenses increased by approximately RMB 66.6 million, or 362.8%, from approximately RMB 18.4 million for the year ended December 31, 2019 to approximately RMB 85.0 million (US$ 13.0 million) for the year ended December 31, 2020. The increase was primarily attributable to the increase in salary, as the Company hired more IT engineers to work on research and development of advanced AR holographic and related projects. In addition, the Company also focused on the research and development of the application of holographic AR technologies in the area of semiconductor, cloud computing, artificial intelligence, big data 5G and other areas, which the Company incurred in outsourced technical development services to focus on developing its technological capabilities in order to maintain its competitive advantages in the AR holographic industry.

Since its inception in 2015, the Company has offered AR-based holographic services and products to cater to customers’ needs, focusing on providing an innovative, immersive and interactive holographic AR experience to customers and end users. Since July 2020, the Company has developed its semiconductor business and provided computer chip products and comprehensive solutions for central processing algorithms and related services with software and hardware integration to its enterprise customers. In 2020, the Company generated approximately 44% and 56.0% of its revenues from holographic AR business and semiconductor business, respectively.

Mr. Shi Shuo, the chief executive and operations officer of WiMi, commented, "In 2020, we made three major leaps forward. First, after our successful initial public offering in April 2020, we overcame the impact of COVID-19 in the first half of the year and achieved a robust growth in our revenues in the second half of 2020. As a result, our total revenues in 2020 grew by 140% year-over- year to RMB766.0 million (US$117.4 million). In particular, after we received investment from well-known investment institutions in both the US and Asia, including a company affiliated with Weibo Corporation (NASDAQ: WB),we actively expanded our holographic AR business scope and made meaningful progress in the semiconductor industry."

"Secondly, we have increased our investment in the research and development of holographic AR technology applications, mainly in the specialized fields of automobile AR holographic HUD, 3D holographic pulse LiDAR, head-mounted light field holographic devices, holographic semiconductors, holographic cloud software, holographic automobile navigation, and others. These fields cover multiple segments of holographic AR technologies from holographic automobile AR technology, 3D holographic pulse LiDAR technology, holographic visual semiconductor technology, holographic software development, holographic AR Advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and many other aspects of holographic AR technology. Our research and development expenses in 2020 increased significantly, by 362.8% year -over -year to RMB85.0 million, as we worked to enhance our competitiveness and maintain our technology leadership position in the holographic AR industry."

"Thirdly, we have established a huge technology research and development ecosystem in the holographic AR industry through investment and mergers and acquisitions. According to Frost & Sullivan’s industry report, the market size of the global holographic AR market will grow rapidly. From 2020 to 2025, the annual growth rate of the market size of AR software & content and AR hardware is expected to be 68.7% and 67.9%, respectively. As a listed company in the holographic AR industry, we have a high global vision. In 2020, through investment in and acquisition of many R&D companies in the holographic AR industry, we have formed a powerful holographic AR technology research and development ecosystem, and are in the process of building a holographic AR industry value chain with great potential for expansion."

The information disclosed in this press release does not purport to be complete and is qualified in its entirety by reference to the Company’s annual report on Form 20-F. The annual report, which contains the Company’s audited consolidate statements, can be accessed on the SEC’s website at http://www.sec.gov and on the Company’s investor relations website at http://ir.wimiar.com/.

About WIMI Hologram Cloud Inc.

WiMi Hologram Cloud, Inc.(NASDAQ: WIMI), whose commercial operations began in 2015, is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies. For more information, please visit http://ir.wimiar.com.

Safe Harbor / Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as"will,""expects,""anticipates,""future,""intends,""plans,""believes,""estimates" and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release, as well as the Company’s strategic and operational plans, contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC") on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; the expected growth of the AR holographic industry; and the Company’s expectations regarding demand for and market acceptance of its products and services. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable laws.

Contacts

WIMI Hologram Cloud Inc.
Email: pr@wimiar.com

ICR, LLC
Jack Wang
Tel: +1 (646) 975-9495
Email: wimi@icrinc.com

PR Newswire

D-Link Scores Two iF Design Awards for Product Design Excellence

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D-Link’s DCS-8635LH and DCS-8302LH cameras received the distinguished iF Design Award 2021

TAIPEI, April 28, 2021 — D-Link Corporation today announced that their DCS-8635LH 2K QHD Pan & Zoom Outdoor Wi-Fi Camera and DCS-8302LH Full HD Outdoor Wi-Fi Camera were winners of this year’s iF Design Award, the world-renowned design prize. D-Link’s DCS-8635LH is an IP65 weather resistant camera with 360-degree field of view in 1440P 2K QHD resolution.  Along with AI-based features such as person detection, vehicle detection, and auto-person detection, the DCS-8635LH provides the high-quality surveillance to protect the home. D-Link’s DCS-8302LH is also a weather resistant surveillance camera that allows users to easily monitor their home. Delivering Full HD resolution with 135 field-of-view and AI-based person detection, the DCS-8302LH is the intelligent solution for keeping the home safe.

"We are honored to be recognized with two prestigious iF Design Awards this year and for our smart home cameras to stand out among thousands of entries," expressed Mark Chen, President of D-Link. "This achievement gives us the confidence to continue creating products of outstanding design quality."

About the iF DESIGN AWARD

For 67 years, the iF DESIGN AWARD has been recognized as an arbiter of quality for exceptional design. The world’s oldest independent design organization, Hannover-based iF International Forum Design GmbH, organizes the iF Design Award. This year, a 98-member jury reviewed almost 10,000 entries submitted from 52 countries. Submissions are awarded in the following disciplines: Product, Packaging, Communication and Service Design, Architecture and Interior Architecture as well as Professional Concept, User Experience (UX) and User Interface (UI).

About D-Link

D-Link is a global leader in connecting people, businesses, and cities with our computer networking solutions and technology. Our innovative products and services meet the needs of digital home consumers, small to medium sized businesses, enterprise environments, and service providers. D-Link implements and supports unified network solutions that integrate capabilities in switching, wireless, broadband, IP surveillance, and cloud-based network management. An award-winning designer, developer, and manufacturer for over 30 years, D-Link has grown from a group of friends in Taiwan into a global brand with over 2,000 employees in 60 countries.

For more information, visit https://www.dlink.com/.

PR Newswire

CooTek Files Annual Report on Form 20-F for Fiscal Year 2020

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SHANGHAI, April 27, 2021 — CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or the "Company"), a fast-growing global mobile internet company, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2020 with the Securities and Exchange Commission (the "SEC") on April 26, 2021.

The annual report can be accessed on the Company’s investor relations website at https://ir.cootek.com/ as well as the SEC’s website at http://www.sec.gov.

The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Company’s IR Department at ir@cootek.com.

About CooTek (Cayman) Inc.

CooTek is a fast-growing mobile internet company with a global vision, offering mobile applications. Our mission is to empower everyone to enjoy relevant content seamlessly. The Company’s user-centric and data-driven approach has enabled it to release appealing products to capture mobile internet users’ ever-evolving content needs and helps it rapidly attract targeted users. CooTek has developed and brought to market content-rich mobile applications, focusing on three categories: online literature, scenario-based content apps and casual games. For details, please visit: https://ir.cootek.com/.

For investor enquiries, please contact:

CooTek (Cayman) Inc.
Mr. Robert Yi Cui
Email: ir@cootek.com  

ICA (Institutional Capital Advisory)
Mr. Kevin Yang
Phone: +86-21-8028-6033
Email: cootek@icaasia.com  

PR Newswire

PLANET9 Facilitated Student-Run Ivy League Esports Tournament with Success

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TAIPEI, Taiwan, April 25, 2021 — The annual Ivy League COVID-19 Charity Stream, a student-run esports tournament powered by PLANET9 serving to raise awareness and funds for the fight against COVID-19, concluded its second edition on April 24th with participation from esports clubs of all eight Ivy League universities. The best-of-1 double-elimination tournament ended with a best-of-3 grand finals, which saw Yale Undergraduate Esports Club defeating Cornell Esports in a clean 2-0 fashion. Yale asserted dominance throughout the whole tournament by going undefeated with a 5-0 overall record, granting them the champion title with no surprise. 

The annual Ivy League COVID-19 Charity Stream, a student-run esports tournament powered by PLANET9 serving to raise awareness and funds for the fight against COVID-19, concluded its second edition on April 24th with participation from esports clubs of all eight Ivy League universities.
The annual Ivy League COVID-19 Charity Stream, a student-run esports tournament powered by PLANET9 serving to raise awareness and funds for the fight against COVID-19, concluded its second edition on April 24th with participation from esports clubs of all eight Ivy League universities.

Popular League of Legends streamer and former pro Nemesis, in addition to other amazing Gen.G content creators, also appeared on stream interacting with viewers and analyzing their submitted highlight clips to enrich the content.

Eventually, the stream concluded with the raffle for donors sponsored by PLANET9, which included a Predator Triton 500 gaming notebook, Predator XB1 gaming monitor, and many more eye-catching prizes up for grabs.

With the Olympic Virtual Series as an example, the popularity and importance of esports is rising higher than ever. Following the success of the event, PLANET9 continues to actively look for more opportunities to engage with university students around the United States, and plans to host another League of Legends tournament similar to the PLANET9 University Invitational carried out last year in the United Kingdom.

PLANET9 is an all-in-one esports platform that helps gamers of all types find teams and tournaments to join, provides opportunities to practice and improve, and makes it easy to connect with like-minded players and coaches. For those who prefer watching, it’s also a great place to follow teams and keep up with the esports scene.  Those who want to join PLANET9 and explore more possibilities inside the gaming realm can click here to register.

Final standings of Ivy League Covid-19 Charity Stream:

1. Yale Undergraduate Esports Club

2. Cornell Esports

3. UPenn Esports Club

4. Columbia Esports

5-6. Brown Esports Team

5-6. Princeton Esports

7-8. Dartmouth Esports

7-8. Harvard Esports

PR Newswire

NetEase Cloud Music Hosts Third Indie Music Artists Ceremony, Pledges Continued Support for Independent Music

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HANGZHOU, China, April 23, 2021 — NetEase Cloud Music, a leading interactive music streaming service provider in China, hosted the 3rd Indie Music Artists Ceremony in Hangzhou. The star-studded event, which was broadcast online on April 23, was attended by renowned artists like Jackson Wang, FloruitShow, C-BLOCK, Omnipotent Youth Society, etc.

More than twenty awards, including Album of the Year, Male/Female Artists of the Year, and Band of the Year, were handed out at the ceremony to recognize, celebrate and encourage artists for their remarkable efforts and contributions to the music industry over the last year.

Reaffirming its unwavering commitment to independent music, NetEase Cloud Music also announced the "PLAY Video Project," a new initiative to underpin video creation endeavors by indie musicians. The initiative aims to harness contemporary and innovative techniques to boost exposure to quality music and expand the source of musicians’ income.

The inaugural event in 2018 marked China’s first ceremony for independent artists, and it has since become a bellwether for China’s independent music. The event returns after a challenging year that presented indie music artists with considerable obstacles with the closure of live venues.

With its long-standing support of independent music, NetEase Cloud Music is home and host to over 200,000 independent Chinese musicians as of December 2020, up tenfold over a four-year period. Over the years, it has set several initiatives in motion to empower artists across the industry, such as the Project Stone and Project Ladder incubation programs for independent musicians, competitions for music composition and lyric writing, the NetEase Indie Music Chart, and more. These initiatives have been instrumental in helping independent musicians step into stardom and realize their dreams.

As the go-to-platform for China’s independent artists, NetEase Cloud Music is honored to organize an event that has played a pivotal role in transforming China’s independent music scene from a niche arena to one with mass-market appeal. NetEase Cloud Music’s popularity as a platform with high-quality content provides musicians with professional support and an optimal user experience, with access to high internet traffic ultimately creating a large community of loyal users. 

About NetEase Cloud Music

Launched in 2013 by NetEase, Inc. (NASDAQ: NTES; HKEX: 9999), NetEase Cloud Music is a leading interactive music streaming service provider in China. Dedicated to providing an elevated user experience, NetEase Cloud Music provides precise, personalized recommendations, promotes user interaction and creates a strong social community. Its focus on discovering and promoting emerging musicians has made NetEase Cloud Music a destination of choice for exploring new and independent music among music enthusiasts in China. The platform has been recognized as the most popular entertainment app among China’s vibrant Generation Z community.

Please see http://music.163.com/ for more information.

Contact for Media:
NetEase, Inc.
Li Ruohan
Tel: (+86) 571-8985-3378
globalpr@service.netease.com
Twitter: https://twitter.com/NetEase_Global

Related Links :

http://music.163.com/

PR Newswire

WiMi Hologram Obtains Patent for Holographic Real-Time Imaging System with Atomized Particle Sizes between 2μm to 4μm

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BEIJING, April 23, 2021 — WiMi Hologram Cloud Inc. (Nasdaq: WIMI) ("WiMi" or the "Company"), a leading Hologram Augmented Reality ("AR") Technology provider, today announced that it has obtained a patent (the "Patent") for its holographic real-time imaging system with atomized particle sizes between 2μm to 4μm. The Patent has demonstrated the ongoing progress of WiMi’s independent R&D efforts and enabled WiMi to further refine its IP protection system, fortify its technology leadership, and enhance its core competitiveness.

The holographic real-time imaging system (the "System") covered by the Patent has replaced the traditional dry plates with a spatial light modulator that is capable of achieving real-time optical production through the utilization of computer-generated digital holograms. Compared with traditional optical holography technology, the System has a series of advantages, such as a computer interface, user-friendly operations, and real-time displays.

The System also includes an input module, a carrier module, and a screen module. The input module is based on a computer-generated hologram. The carrier module is comprised of a laser, an expanded beam collimator lens, a polarizer, a spatial light modulator, a deflector, and a Fourier lens. The laser’s beam output passes through these components to project the object in the input module onto the screen module.

The System also creates a hologram database to store experimental and background holographic data. During the data collection process, the System deletes the original data from prior hologram experiments, obtains the droplet atomization data, and conducts grayscale processing for the droplet atomization data. After median filtering, data binarization, and the filling process, the System obtains and calibrates the graphically filled holographic data. The screen module comprises a holographic electrostatic atomizer, which produces atomization particles that are between 2μm and 4μm in size and have atomization volumes between 100ml/h and 150ml/h to form particle curtains that are between 3cm and 20cm in width. In addition, the System has adopted transmissive and electrically addressable spatial light modulation for its spatial light modulator.

The complexity of the non-uniform electric field along with the interconnection between the electric field and the flow field have resulted in increased difficulties throughout the holographic electrostatic atomization crushing process. Consequently, the System utilizes a dual-phase liquid holographic electrostatic atomization device to combine pressure atomization with holographic electrostatic atomization for algorithmic processing. First, the algorithms process the holographic electrostatic atomization and liquid charging mode. After this is completed, the System establishes a mathematical algorithm model for the non-dimensional distribution of atomized droplets. Lastly, the System combines its mathematical algorithm model with another non-dimensional distribution algorithm model to conduct voltage and air measurements.

The Patent also covers holographic electrostatic nebulization, which leverages the interactions between the electric field force, Coulomb force, droplet surface tension, and droplet surface stickiness to achieve nebulization. Compared with other atomization methods, holographic electrostatic atomization has the advantages of smaller atomization particle sizes, a singular particle size, and wide spatial dispersion. By controlling the parameters of different algorithms, the System can achieve atomization sizes between 2μm and 4μm for different atomized particles. Holographic electrostatic atomization can now be adopted in a wide variety of areas, including medical, industrial, environmental, transportation, electrostatic imaging, 3D printing, and electric vehicles, as well as in other fields in the future.

About WIMI Hologram Cloud Inc.

WiMi Hologram Cloud, Inc.(NASDAQ: WIMI), whose commercial operations began in 2015, is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies. For more information, please visit http://ir.wimiar.com.

Safe Harbor / Forward-Looking Statements

This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release, as well as the Company’s strategic and operational plans, contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC") on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; the expected growth of the AR holographic industry; and the Company’s expectations regarding demand for and market acceptance of its products and services. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable laws.

Contacts

WIMI Hologram Cloud Inc.
Email: pr@wimiar.com

ICR, LLC
Jack Wang
Tel: +1 (646) 975-9495
Email: wimi@icrinc.com

Related Links :

http://ir.wimiar.com

PR Newswire

ViewSonic’s ColorPro Professional Monitor Wins iF Design Award 2021 for its Innovative Design and User-Friendliness

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BREA, Calif., April 23, 2021 — ViewSonic Corp., a leading global provider of visual solutions, today announces that its ColorPro Professional Monitor, designed for creators, has won an iF Design Award 2021. The ColorPro Professional Monitor stood out from 10,000 entries, and was honored for its superb minimalistic design, enhanced user experience, and unique features such as the exclusive ColorProTM Wheel and built-in ambient light.

"ViewSonic has always strived for product excellence and an optimal balance between design and functionality; the company has collaborated extensively with creators to reimagine monitors from their point of view," said Oscar Lin, Head of the Monitor Business Unit at ViewSonic. "We are proud that our commitment to the highest standards of product design has been recognized by the iF Design Award 2021. With its unmatched color accuracy, user-centric design, and numerous other features that help users create great artwork, the ColorPro Professional Monitor has drawn the attention of creators worldwide."

In a world where color is cash, calibration is king, and precise, in-sync visuals are fundamental, the ColorPro Professional Monitor’s winning features include the ColorProTM Wheel, built-in ambient light, and a shading hood. Combined, it provides accurate colors right out of the box and a thorough PRO system of user experience, industrial design, hardware, and software integration.

Designed specifically for professional users, ViewSonic’s ColorPro Professional Monitor features the exclusive ColorProTM Wheel, which acts as a color sensor to achieve the most precise color calibration. Instead of the traditional method of adjusting numerous buttons on the monitor for on-screen display (OSD) settings, the ColorProTM Wheel offers creators direct and easy control of all OSD settings at the push of a button or with a turn of the dial. A shading hood can also be attached to the monitor to minimize external ambient lighting and ensure color accuracy.

For professional colorists and videographers who frequently work in darkroom environments, a built-in ambient light is embedded at the back of the ColorPro Professional Monitor, providing sufficient lighting for the desktop workspace when needed. Furthermore, the monitor’s minimalistic stand and sleek design offer extra space on the desktop, further enhancing work efficiency for creators.

The ColorPro Professional Monitor has been widely recognized by the industry and numerous certification organizations. In addition to the iF Design Award, the monitor is also Pantone-validated and Fogra-certified, delivering exceptional color reproduction and meeting the requirements of the Pantone Matching System (PMS) of colors with top-tier color accuracy.

Find out more about the new design of ColorPro Professional Monitor Series:
Created for Creatives – ViewSonic ColorPro Series, the iF DESIGN AWARD 2021 Winner

About ViewSonic

Founded in California, ViewSonic is a leading global provider of visual solutions and conducts business in over 100 countries worldwide. As an innovator and visionary, ViewSonic is committed to providing comprehensive hardware and software solutions that include monitors, projectors, digital signage, ViewBoard interactive displays, and myViewBoard software ecosystem. With over 30 years of expertise in visual displays, ViewSonic has established a strong position for delivering innovative and reliable solutions for education, enterprise, consumer, and professional markets and helping customers "See the Difference." To find out more about ViewSonic, please visit www.viewsonic.com.

https://mma.prnasia.com/media2/1491505/Created_for_Creatives___ViewSonic_ColorPro_Series__the_iF_DESIGN_AWARD_2021_Winner.mp4?_=1
PR Newswire

Bigwest Begins Global Release of Animation “Macross” Series from April 9

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TOKYO, April 22, 2021 — Bigwest Co., Ltd. has announced the release of all works that are part of the "Macross" franchise made after 1987 to a worldwide audience from April 9, 2021. This not only includes the "Macross Delta" film currently in production, but all new material that follows it as well. This is not limited to anime titles, but also includes games, toys, live performances and other content and merchandising as well. The company has prepared an official YouTube channel as well as a Twitter account for its fans.

Image1: https://kyodonewsprwire.jp/prwfile/release/M106613/202104153719/_prw_PI3fl_9AaaL6P7.jpg

Twitter: @MACROSS_BIGWEST
https://twitter.com/MACROSS_BIGWEST

YouTube: MACROSS ch
https://www.youtube.com/channel/UCKeM8HXpwR0qc0RtH0GKyMg

About "Macross" series:

The SF anime series "Macross" has three main thematic elements: music, a love triangle, and transforming fighter planes called Valkyrie.

Image2: https://kyodonewsprwire.jp/release/202104153719?p=images

Bigwest has messages from members of the main creative staff behind "Macross," Mr. Shoji Kawamori and Mr. Haruhiko Mikimoto, that the company would like to share with fans.

https://kyodonewsprwire.jp/attach/202104153719-O1-uk0x3CIp.pdf

About Bigwest Co., Ltd.:

Bigwest Co., Ltd., is the owner’s representative of the "Macross" series. Its main duties are planning and producing the anime, and managing the licenses and copyrights.

PR Newswire

Blue Hat Signs Two-Year Licensing Agreement with Tencent QQ for QQ Penguin Logo and Emoji

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XIAMEN, China, April 15, 2021 — Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced that the Company signed a two-year licensing agreement with Tencent QQ ("QQ"), an instant messaging and social platform for PC and mobile users, to use its intellectual property ("IP") of the QQ penguin logo and QQ emoji on Blue Hat’s toy products and related marketing materials, effective March 1, 2021.

According to the terms of the agreement, Blue Hat is authorized to use the name and IP images on its acoustic and photoelectronic combination toys and bubble toys, as well as on any related instructions, packaging and promotional materials and activities, including online and offline marketing campaigns and product displays, subject to the advance approval by QQ. QQ is obligated to provide such IP materials to Blue Hat.

The success of QQ as one of the most commonly used instant messengers in China has made the QQ logo and QQ emoji very popular in the country. Source: Tencent QQ
The success of QQ as one of the most commonly used instant messengers in China has made the QQ logo and QQ emoji very popular in the country. Source: Tencent QQ

Launched in 1999, QQ has been an easy-to-use instant messaging and social platform for PC and mobile users, readily recognized by its a cute penguin logo. QQ’s success has been built on its various features including avatars, video and voice calls, file transfer, and built-in mailbox. With these features, QQ has become one of the most commonly used instant messengers in China, with approximately 617 million monthly active users by September 2020. For decades, the QQ logo and QQ emoji have been a pop culture phenomenon in China.

Mr. Xiaodong Chen, CEO of Blue Hat, stated, "We are pleased to partner with QQ under this licensing agreement for their well-known QQ penguin logo and QQ emoji. We believe these efforts will increase Blue Hat’s exposure and attract more customers over the course of the next two years."

About Blue Hat

Blue Hat Interactive Entertainment Technology is a producer, developer and operator of AR interactive entertainment games and toys in China, including interactive educational materials, mobile games, and toys with mobile game features. The Company’s interactive entertainment platform creates unique user experiences by connecting physical items to mobile devices, which creates a rich visual and interactive environment for users through the integration of real objects and virtual scenery. Distinguished by its own proprietary technology, Blue Hat aims to create an engaging, interactive and immersive community for its users. For more information, please visit the Company’s investor relations website at http://ir.bluehatgroup.com. The Company routinely provides important information on its website.

Forward-Looking Statements 

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the Company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the Company’s SEC filings. These risks and uncertainties could cause the Company’s actual results to differ materially from those indicated in the forward-looking statements.

Contacts:

Blue Hat Interactive Entertainment Technology
Phone: +86 (592) 228-0010
Email: ir@bluehatgroup.net

 

Related Links :

http://www.bluehatgroup.net

PR Newswire

Riva Technology and Entertainment signs brand licensing deal with Global toy giant MGA Entertainment

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LOS ANGELES, April 12, 2021 — Riva Technology and Entertainment (RTE) announced that they have signed multiple brand licensing deals with toy industry leader, MGA Entertainment (MGAE), to develop and publish mobile games based on the global toy company’s hit properties L.O.L. Surprise!™ and Rainbow High™.

Riva Technology and Entertainment signs brand licensing deal with Global toy giant MGA Entertainment
Riva Technology and Entertainment signs brand licensing deal with Global toy giant MGA Entertainment

RTE are veterans in the gaming and IP business, having built gaming companies for over 20 years, along with securing and developing top licensing deals ranging from Hollywood, Bollywood, Sports and all the way to the world’s leading brands.

MGA Entertainment’s L.O.L. Surprise!™ is a global phenomenon, winning the prestigious "Toy of the Year" Award for three years. MGA’s newly launched Rainbow High debuted in 2020 and has already become a cultural phenomenon with a presence across product, content and integrated digital media.

The global gaming market valued at USD $162.32 billion in 2020 and expected to reach USD $295.63 billion by 2026. Mobile gaming generated $13.2 billion U.S. dollars in revenue in 2019.

"MGA boasts a diversified portfolio of leading brands, and they build fantastic award-winning toys. Our vision of bridging the world of mobile gaming with consumer products and the toy culture is strongly aligned. I admire them for their consistent growth over the years and the incredible efforts they have accomplished, creating a universe that each of their collections represents. RTE always strive to associate with the biggest and the best and MGAE is certainly that. Details of the upcoming games will be announced soon," said RTE CEO & Founder, Paul Roy.

Isaac Larian, CEO and Founder of MGA Entertainment adds: "We are delighted to partner with RTE who has a proven track record for working with the biggest IPs and delivering top quality results. Our digitally native fans want to experience our award-winning brands across all platforms and mobile gaming is a strategic focus for us in 2021 and beyond. It is MGA’s goal to expand both digital gaming and NFTs in a significant way."

About RTE: 
Founded in 2002, with a global presence from the USA to East Asia, RTE has successfully been delivering the vision of tomorrow for close to 20 years. RTE holds an industry advantage in their ability to take every project from concept to execution; all under one roof. The complementary companies cover location-based entertainment, brand and IP licensing, content, consumer products, gaming & esports.