EON Reality Partners with CMZD

IDC Hub in Zhangzhou to open in Q2

eon_new_logoIRVINE, CA, Feb 24, 2017 – EON Reality Inc., the world leader in virtual reality based knowledge transfer for industry, education, and edutainment, and Zhangzhou China Merchants Economic and Technological Development Zone, land operation, real estate, port logistics and related industry of an industrial zone in Zhangzhou, announce the creation of an Interactive Digital Center Hub located in Zhangzhou, China in Fujian Province. The IDC Hub is the first IDC located in China and will be part of the China Merchants Zhangzhou Development Zone. The IDC will serve the local market in Fujian province and is the first step in serving the entire Chinese market.

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Images showing some of the many AR and VR solutions available at the IDC Hub – and the IDC building Exterior.

This new IDC will create content and applications tailored to the Chinese market as well as localize existing EON Reality content to be distributed locally. As the Chinese economy continues to evolve, the enhanced experiential training that Augmented and Virtual Reality provide will accelerate the training of workers transitioning to higher skilled jobs or moving to new industries.

“We see the establishment of the IDC Hub as an important step in CMZD’s industrial upgrading strategy,” says Mr. Ding Yong, director of Zhangzhou China Merchants Economic and Technological Development Zone (CMZD) administration Committee. “Zhangzhou was an important trading port on the Silk Road. Today, we are building the first AR/VR Interactive Digital Center here to link with worldwide innovative networks to exchange technology just as the Silk Road did in exchanging goods. Now we can offer the latest facilities and world-class innovation networks. Together we can leverage the power of virtual reality and augmented reality solutions and the capability of the IDC Hub to develop new skills to create an ecosystem for innovation and economic transformation.”

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Dan Lejerskar, Chairman of EON Reality, shaking hands with Cai Zhiyong, vice director of CMZD, to celebrate the signing of the IDC agreement.

The IDC Hub, which is slated to open in the second quarter of 2017, will contain a virtual showroom with over 16 different AR and VR systems, an EON Entrepreneur School, an innovation center, and the multi-user EON Idome, the first in China. The local EON Entrepreneur School train local VR and AR professionals drawn from the sizeable population of 3D and Gaming enthusiasts in China to help develop a local Augmented and virtual reality ecosystem. The best will be offered jobs at EON Reality China. Graduates from the Entrepreneur School will help shape the landscape of AR and VR in China and also develop applications that will help tens of millions learn faster, remember longer, and decide better.

“This partnership marks a true milestone for EON Reality’s growth in Asia,” said Pontus Appelqvist, VP of business development at EON Reality. “With large training and education needs to continue their robust economic growth, we see China as prime example of how virtual reality and augmented reality can help countries accelerate knowledge transfer and fast-track new hires to become productive employees. Our partner, CMZD, is well positioned to help us reach local companies in Fujian and across China.”

The IDC Hub in Zhangzhou will open in the second quarter of 2017.

About Zhangzhou China Merchants Economic And Technological Development Zone

China Merchants Group (CMG) is a leading state-owned conglomerate based in Hong Kong, under direct supervision of State-owned Assets Supervision and Administration Commission of the State Council. By the end of 2016, the company had the total assets of 1.06 trillion RMB, the total assets under management of 6.92 trillion RMB. The company’s profits hit a record high in 2015, with the revenue of 505.3 billion RMB, the total profit of 111.28 billion RMB. It has been recognized as Level-A SOE for twelve consecutive years from 2004 to 2015. China Merchant Group is a conglomerate with three business platforms of industry, finance, capital investment and operating.

Zhangzhou China Merchants Economic and Technological Development Zone locates in the southern Xiamen Bay in China’s southeast coast with a total area of 56.17 square kilometers. It is under management of China Merchant Group. As a subsidiary of CMG, China Merchants Zhangzhou Development Zone Company is leading the land operation, real estate, port logistics and related industry in CMZD. CMZD has a well-developed traffic network and possesses great advantages of port construction with a coastline of 28 km. Today, CMZD is devoting every effort to develop VR/AR industry based on IDC Hub .billion-level industry clusters, including automobile industry , information industry , tourism industry and . Meanwhile, CMZD is also developing the first ecological man-made island approved by the State Council of PRC, named Double Happiness Island. The island has an area of 2.2 square kilometers .In the future, as a heaven of ecological and cultural place, tourism resort, and ecological living area with travel, exercise, culture, recreation and entertainment in it, Double Happiness Island is posed to become a new landmark in the region.

For further information, visit http://wwwen.cmhk.com/en/.

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.

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