Sector 5 Digital Announces Anatomy Training Agreement with Leading Pharmaceutical Company
NEW YORK, NY / November 7, 2022 / Sector 5 Digital (“S5D”), a wholly owned subsidiary of The Glimpse Group, Inc. (“Glimpse”) (NASDAQ:VRAR) (FSE:9DR), is an enterprise focused, immersive technology company that combines brilliant storytelling with emerging technologies for industry leading organizations. S5D today announced that it has entered into mid-six figure agreement with a global pharmaceutical company to continue development of its award-winning interactive anatomy training platform.
S5D created an application designed to educate trainees on the foundations of facial anatomy and understand where products should be injected, based on each patient’s anatomy, in order to experience the safest and most natural outcomes. Historically, training consisted of 2D pictures and limited opportunities each year to train at expensive cadaver labs. This solution, which can be viewed in 2D or 3D, has allowed the company to train thousands of Health Care Providers (HCPs). This new agreement will add additional features to the application to enhance the education opportunities and continue to push the envelope for anatomy education.
Jeff Meisner, General Manager of S5D and Chief Revenue Officer of Glimpse commented, “This is yet another successful demonstration of the ongoing commitment to advance the use of immersive technology by leading companies for educational and training purposes. It is also indicative of the strong reputation, best-in-class quality and value that S5D brings to Glimpse. We are proud to be a partner with an industry leader in the pharma space and look forward to our ongoing partnership.
About Sector 5 Digital
Sector 5 Digital (S5D) helps companies transform their brands by creating brilliant digital content for marketing, communications, sales, entertainment, visualization, and simulation. The company has an in-house studio developing immersive experiences through Virtual Reality (VR), Augmented Reality (AR), 3D modeling and animation, film & video production, interactive game technology, and a lot more. For more information on Sector 5 Digital, please visit www.sector5digital.com
About The Glimpse Group, Inc.
The Glimpse Group (NASDAQ:VRAR, FSE:9DR) 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
Safe Harbor Statement
This press release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as “anticipate,” “believe,” “view,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” and “would” or similar words. All forecasts are provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are entirely on management’s best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
Sector 5 Digital Contact:
Jeff Meisner General Manager, S5D Chief Revenue Officer, The Glimpse Group
Maydan Rothblum, CFO & COO The Glimpse Group, Inc.
Mark Schwalenberg, CFA Director MZ Group – North America
SOURCE: The Glimpse Group, Inc.