Global Chairman Opens New R&D Centre in Singapore

SINGAPORE, 1 November 2016 – EON Reality Inc., the world leader in Virtual Reality based knowledge transfer for industry, education, and edutainment, announces three major milestones: the opening of a state-of-the-art R&D facility in heart of the Singapore, the first regional call for proposal targeted at VR/AR start-ups, and the Asia release of EON Experience EON-XR – a gamified Augmented Reality and Virtual Reality Learning Library.

These efforts are part of EON Reality’s belief that Knowledge is a Human Right. These milestones are focused around improving R&D capabilities, finding new creative uses of VR and AR, and help students get a better understanding of their school materials. With the boom in Virtual Reality and Augmented Reality, the Asian market is a key part of that growth with large population and the need to educate millions of students.

“Opening a new office and building R&D capacity in Singapore is key to address the growth of Virtual and Augmented Reality Markets both locally and across Asia,” said Sridhar Sunkad, MD of EON Reality, Singapore. “With this new location, we can now expand our operations and provide our clients with a full production pipeline and carry out innovative research and development that continues to make EON Reality the leader in VR/AR Knowledge Transfer.”

A central location in Singapore puts EON Reality in a better position to collaborate with key partners and vendors as well as deliver high quality solutions and services to a growing client base. This central location will also empower EON Reality Singapore to interact with VR and AR entrepreneurs. The first dedicated call for proposal and accelerator program in the region aims to enable talented minds to build the companies and applications of tomorrow. EON Reality, together with these entrepreneurs, hopes to build an ecosystem to support start-ups and nurture the future of VR and AR in Singapore.

EON Experience EON-XR

Launch of EON Experience EON-XR in Asia allows EON Reality to further expand its EON-XR Knowledge Grant, which offers outstanding Academic Institutions a turn-key solution for Education and Smart Nation applications. The solution consists of a customizable EON-XR platform which can create, manage, and disseminate educational AR VR content, an EON-XR Curriculum, VR AR Teachers, and Distribution opportunities of created applications and content to EON Reality’s educational network and global audience.

EON Experience EON-XR enables Academic institutions to offer gamified educational AR and VR content in subjects such as health science, engineering, smart manufacturing, energy, transportation, and construction.

“EON Reality’s mission to democratize knowledge transfer can be distilled down to EON Experience EON-XR. With mobile being the most widely accessible computing platform, EON Experience EON-XR, available on both iOS and Android platforms, will allow students from all walks of life to benefit from AR and VR knowledge transfer. This means topics as diverse as water purification and disease prevention can be distributed alongside applications that teach diesel engine repair or ophthalmology,” said Dan Lejerskar, Chairman of EON Reality.

By partnering with key regional institutions, EON Reality will take another step in making knowledge available, affordable, and accessible while letting schools teach more with less.

About EON Reality
EON Reality is the world leader in Virtual Reality (VR) and Augmented Reality (AR) based knowledge transfer for industry, education, and edutainment. EON Reality’s success is tied to its belief that knowledge is a human right and should be available, accessible, and affordable for every human on the planet. To carry this out, EON Reality, since 1999, has developed the de-facto standard for Augmented Reality and Virtual Reality based knowledge transfer software that supports devices from mobile phones to large immersive domes. EON Reality’s global app development network, with twenty-two locations worldwide, has created the world’s leading AR/VR library for knowledge transfer with over 7,000 applications. Over 36 million people worldwide have downloaded these applications. For further information, visit www.eonreality.com.