IRVINE, Calif., November 19, 2013 – EON Reality, the world’s leading interactive 3D visual content management and Virtual Reality software provider for businesses and education, and Technology Trading Resources (TTR), today announced the establishment of an exclusive partnership, EON Qatar, for the development of a new Interactive Digital Center and EON Entrepreneur School in Qatar.

The new venture in Qatar will deploy the world’s state of the art Virtual Reality/ Augmented Reality technologies and make them available to the market through a one of a kind Interactive Digital Center (IDC) in Doha. The new center will incubate projects that will address local markets needs in Qatar and region. Alongside the IDC, the EON Qatar will attract top talents to enroll in the EON Entrepreneur School aimed at developing outstanding skills to create content that works in harmony with EON Reality products. The EON Entrepreneur School will create endless opportunities for the youth to come up with content and software that can be monetized as part of EON’s ecosystem.

The new setup is expected to be up and running towards the end of the first quarter 2014.

EON Qatar

From left to right: Dan Lejerskar (Chairman of EON Reality), Hamad Al-Abdan (Chairman of Technology Trading Resources), and Basil Al Dossary (CEO of EON Qatar)

Hamad Al-Abdan, Chairman of Technology Trading Resources, stated “We are very excited to announce a strategic partnership with EON Reality in Qatar. We believe that this alliance will create enormous opportunities for the new company and partners in a high potential market.”

“The new Qatari IDC Center brings together TTR’s local market knowledge with EON Reality’s expertise in VR and AR tools and integrated systems. The IDC Center will be an important component to locally support companies’ VR and AR implementation and assist them in researching and developing company specific applications. By offering expert-led training classes in the EON Entrepreneur School and to satisfy the increasing demand for knowledge within interactive 3D technology, Qatar will become a strong interactive 3D technology hub,” said Dan Lejerskar, Chairman, EON Reality, Inc.

Moreover, EON Reality and TTR have appointed a new CEO to lead EON Qatar. The recently appointed chief executive, Basil Al Dossary, comes with extensive experience in IT and Digital Media. Basil has taken multiple roles throughout his career working for key companies in the region, founding and cofounding startups. Basil stated, “It is great to be part of the EON Qatar. The technology, business model and mindset are just right to build a growing business in Qatar and region.” Basil added, “The region’s youth majority and appetite for technology says a lot about the future of this company.”
 

About Technology Trading Resources
Technology Trading Resources (TTR) is in the business of technology trading and investments. The company has taken key roles to close various transactions where international businesses have made it to the Qatari market and the region. TTR’s strategy is purely focused on attracting businesses that add value to the Qatari economy with respect to Qatar’s National Vision 2030.

About EON Reality
EON Reality, Inc. is the world’s leading interactive 3D visual content management and Virtual Reality software provider. EON Reality provides state-of-the-art 3D display technology for immersive and stereoscopic viewing, from portable tablet PCs and glass free stereo display systems to curved-screen and immersive rooms consisting of multi-channel projection walls. The technology foundation for developing interactive digital content includes importing the most common 3D animation formats into EON’s authoring software and creating modules and applications that can be viewed on various display systems. EON’s technology solutions enable all organizations to more effectively visually communicate, collaborate and accelerate knowledge transfer. For further information, visit www.eonreality.com.