- ARHT Media’s (ART) Virtual Global Stage is gaining momentum as online presentations are expected to dominate in 2021
- The company has delivered nine VGS events in Q1 2021 totaling over C$361,000 in revenue
- Clients were in the healthcare, technology, real estate, financial services and logistics sectors
- One client reported four times as many views as non-VGS presentations at the same online conference
- ARHT Media makes possible two-way live communication with a 3D holographic presenter anywhere in the world
- ARHT Media (ART) is trading flat at $0.225 per share
ARHT Media’s (ART) Virtual Global Stage is gaining momentum as online presentations are expected to dominate in 2021.
The company has delivered nine VGS events in Q1 2021 totaling over C$361,000 in revenue.
Clients in healthcare, technology, real estate, financial services and logistics hosted speakers in different cities on the same stage from head to toe as though they were in the same room.
Of the nine VGS events, three were with prior clients, two were with ARHT HoloPresence clients now working with ARHT online, and all have expressed interest in additional VGS or hybrid events going forward.
One client received four times as many views as other non-VGS presentations at the same online conference. This result prompted the client to order additional VGS presentations.
Larry O’Reilly, CEO of ARHT Media, commented,
“While the majority of our business in Q1 2021 was with the delivery of either permanent installations or events utilizing our HoloPresence in-person display technology, it is extremely encouraging to see Virtual Global Stage gaining momentum and having those clients coming back for more.
We believe that VGS will have a shelf life long after the pandemic recedes as enterprise organizations utilize technology to reduce travel costs and their carbon footprint.”
ARHT Media’s patented HoloPresence technology creates a sense of presence for audiences as though the holographic presenter was actually live in the room. With no noticeable latency, ARHT makes two-way live communication with a 3D holographic presenter anywhere in the world possible. The company also offers streaming capabilities through its Virtual Global Stage.
ARHT Media (ART) is trading flat at $0.225 per share as of 11:18 am ET.
