The Patent relates to a VR system allowing for simultaneous interaction across viewing platforms, in which avatars/users in VR environments can interact immersively in real-time with users of handheld, non-immersive, 2D devices (such as smartphones and tablets) and vice versa.
Howard Olah-Reiken, CTO of Foretell Reality and one of the Patents inventors said, "Existing VR applications are typically "closed off" to the world outside of the VR experience. In a world where there are currently far more handheld devices than VR headsets, the ability to facilitate seamless immersive interaction between those in a VR environment (via VR headsets) and those outside of it (via tablets/smartphone), is an important bridge that could accelerate the adoption of VR and the development of compelling cross functional applications."
Lyron Bentovim, President & CEO of Glimpse commented, "As with our prior patents, we view this Patent as an enabling VR infrastructure patent with significant forward-looking implications. To date, Glimpse has been issued 7 patents in the US so far, and additional applications are in the pipeline. We continue investment in our technology, IP and potential patents portfolio as a core part of our strategy of becoming one of the leading independent software and services players in the emerging immersive industry."
Foretell Reality is a social virtual reality platform that supports many different types of avatars with varying degrees of realism and expression for different use cases including VR therapy and support, soft skills training, and business collaboration. For more details: https://foretellreality.com/
The Glimpse Group (NASDAQ:VRAR) is a diversified Virtual and Augmented Reality platform company, comprised of multiple VR and AR software & services companies, and designed with the specific purpose of cultivating companies in the emerging VR/AR industry. Glimpse's unique business model simplifies challenges faced by VR/AR companies and creates a robust ecosystem, while simultaneously providing investors an opportunity to invest directly into the emerging VR/AR industry via a diversified platform. For more information on The Glimpse Group, please visit www.theglimpsegroup.com
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The Glimpse Group is a Virtual Reality & Augmented Reality Platform Company Comprised of Multiple Software & Services Subsidiaries Creating Innovative VR/AR Solutions (products, software, and consulting services)