TORONTO, Nov. 11, 2020 (GLOBE NEWSWIRE) -- ARHT Media Inc. ("ARHT" or "the Company") (TSXV:ART), the global leader in the development, production and distribution of high-quality, low latency hologram and digital content, is pleased to announce that it is launching the revolutionary HoloPod™ Display at the world’s #1 Rehabilitation Research Facility, The KITE Research Institute at Toronto Rehab, part of the University Health Network in downtown Toronto. The opportunity for the HoloPod™ to deliver mental and physical therapy to communities located outside of the GTA has the potential to dramatically improve the quality and quantity of healthcare available – especially in more remote communities where there is a shortage of medical expertise.
The HoloPod™ delivers the real life, two-way communication with no noticeable latency of our event HoloPresence™ display but in a plug and play cabinet that wheels into place and is operational in minutes. Combined with the ARHT Engine™ software it enables the speaker or specialist to connect with their audience, creating a true sense of presence, whether the audience is one person, one hundred or a thousand. You do not appear like a person standing in a box, you appear like you are standing or sitting in the room.
“We are extremely pleased to showcase this technology first in the healthcare industry where demand for quality healthcare specialists far outweighs supply, particularly in locations outside major research centres,” says ARHT CEO Larry O’Reilly. “The HoloPod will rehumanize the digital experience and bring these experts to a large audience that desperately needs the medical expertise.”
“When I first experienced ARHT’s live HoloPresence technology I felt a real connection to the person I was speaking with, who happened to be in New York City,” added KITE Institute Director Milos R. Popovic, PhD, P Eng. “This sense of presence is so important when delivering both mental and physical rehabilitation. We believe the HoloPod™ will allow us to deliver on our mandate of Knowledge, Innovation, Talent, Everywhere in a more engaging way than prior technologies.”
About The KITE Research Institute
The research arm of the Toronto Rehabilitation Institute, KITE, is a world leader in complex rehabilitation science and is dedicated to improving the lives of people living with the effects of disability, illness and aging. KITE’s areas of focus include prevention, restoration, enhanced participation and independent living. Researchers are actively engaged in developing new treatments, devices and products as well as gathering evidence that guides changes to policy and public opinion. KITE is one of the principal research enterprises at the University Health Network (UHN), Canada’s top research hospital with more than $350-million in total annual research expenditures.
For more information about KITE, please visit www.kite-uhn.com.
About ARHT Media
ARHT Media's patented HoloPresence technology is a complete end-to-end solution that creates a sense of presence for audiences – as though the holographic presenter was actually live in the room. With no noticeable latency, ARHT Media makes two-way live communication with a 3D holographic presenter anywhere in the world possible. We can also playback pre-recorded content and 3D animations on our HoloPresence displays to deliver rich holographic experiences. Add to this our capability to stream the same content online on our premium Virtual Global StageTM.
ARHT Media trades under the symbol "ART" on the Toronto Venture Stock Exchange.
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, disclosure related to the Company's sales funnel; the Company's technology; the potential uses for the Company's technology; the future planned events using the Company's technology; the future success of the Company; the ability of the Company to monetize the ARHT Media technology; the development of the Company's technology; and interest from parties in ARHT's products. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic and competitive uncertainties; regulatory risks; risks inherent in technology operations; and other risks of the technology industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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