TORONTO, Aug. 24,
2023 /CNW/ - Today, The Learning Network (TLN), an
innovative learning solutions provider, and part of the Pluribus
Technologies (TSXV: PLRB) family, announced they joined the XR
Association (XRA), the trade association representing the broad
ecosystem that powers the virtual, augmented, and mixed
reality (collectively, XR) industries.
The XRA promotes the dynamic global growth of the XR industry.
To that end, the association fosters dialogue between public and
private industry stakeholders around the world and makes education
and training material available to both creators and users of the
technology. XRA works to educate partners, governments,
researchers, and the public about XR's potential, including efforts
to anticipate and mitigate challenges in the responsible
development and deployment of XR technology.
"We are committed to our strategy of developing innovative
technologies in each of our portfolio companies to create
additional value." says Richard
Adair, CEO of Pluribus Technologies. "TLN will be able to
continue to build on its momentum in the XR space through the
opportunities for networking, learning, and collaboration that
being a member of the XRA provides. This empowers us to pioneer
cutting-edge solutions and drive transformative change for our
clients."
"The XR community relies on a full spectrum of companies and
actors to showcase how immersive technologies are revolutionizing
how we live, work, and learn. From education, to manufacturing, to
healthcare, to entrepreneurship and more, XRA membership represents
this vibrant community," said Elizabeth
Hyman, CEO of the XR Association. "XRA is proud and excited
to welcome new member companies, such as The Learning Network. We
must continue to expand the conversation around this technology as
we chart the future of our industry."
The XRA brings together international experts across industries
to collaborate on educational resources and promotion of best
practices in the field. XRA unites experts, researchers,
developers, policy leaders, and other key stakeholders in working
collaboratively on important matters that will impact the future of
the XR industry.
About The Learning
Network
The Learning Network (TLN) is your learning partner with deep
in-house expertise offering best-in-class traditional and digital
learning solutions to meet your business needs. Partnering with
some of the world's largest and most dynamic organizations, TLN
creates high-impact products with targeted learning objectives.
Specialties in online learning, video and motion graphics
production, augmented reality and virtual reality, and 3D
development and eco learning systems. For more information about
TLN's extended reality services, please visit:
www.learning.net/extended-reality-in-training.
About Pluribus Technologies
Corp.
Pluribus is a technology company that is a value-based acquirer
of small, profitable business-to-business technology companies in a
range of verticals and industries. Pluribus provides its
acquisitions access to experienced sales and marketing resources,
strategic partnership opportunities, a diverse portfolio of
customers in different geographical markets and enabling
technologies to create new revenue streams and provide the
opportunity for these companies to grow in their respective
markets. For more information, please visit:
www.pluribustechnologies.com.
ABOUT XR Association:
The XR Association (XRA) promotes the dynamic global growth of
the XR industry, which includes virtual reality, augmented reality,
mixed-reality, and future immersive technology. XRA is leading the
way for the responsible development and adoption of XR by convening
stakeholders, developing best practices and research, and
advocating on behalf of our members and the greater XR industry.
For more information, please visit: https://xra.org/.
Forward-Looking
Information
Certain information in this press release constitutes
forward-looking statements under applicable securities laws. Any
statements that are contained in this news release that are not
statements of historical fact may be deemed to be forward-looking
statements. Forward-looking information in this press release
includes, but is not limited to, statements with respect to the
business plans of the Company, including the successful completion
and pace of future acquisitions, the Company management's
expectation on the growth, profitability and performance of its
current and future acquisitions, the Company's ability to continue
acquiring business-to-business technology companies at reasonable
prices and the Company's ability to grow its portfolio companies
into significant organizations. Forward-looking statements are
often identified by terms such as "may", "should", "anticipate",
"expect", "potential", "believe", "intend" or negatives of these
terms and similar expressions.
Forward-looking statements are based on certain assumptions,
including the Company's ability to complete acquisitions on
favourable terms; the Company's ability to manage a complex
portfolio of companies effectively; the Company's ability to scale
its management team to support a rapid pace of growth; the
Company's ability to raise sufficient financing to continue the
pace of its acquisition strategy; the Company's ability to maintain
its rapid pace of growth. Other assumptions include industry
trends, the availability of growth opportunities, and general
business, economic, competitive, political, regulatory and social
uncertainties will not prevent the Company from conducting its
business. While the Company considers these assumptions to be
reasonable based on information currently available, they are
inherently subject to significant business, economic and
competitive uncertainties and contingencies and they may prove to
be incorrect. Forward-looking information speaks only to such
assumptions as of the date of this release.
Forward-looking statements also necessarily involve known and
unknown risks, including without limitation, risks associated with
general economic conditions, including the COVID-19 pandemic,
adverse industry events, marketing costs, loss of markets, future
legislative and regulatory developments, the inability to access
sufficient capital on favourable terms, the Company's limited
operating history; ability to complete favourable acquisitions; the
technology industry in Canada and
internationally, income tax and regulatory matters, the ability of
the Company to execute its business strategies, including the
ability manage a complex portfolio of companies effectively,
competition, currency and interest rate fluctuations, and other
risks.
Readers are cautioned that the foregoing is not exhaustive.
Readers are further cautioned not to place undue reliance on
forward-looking statements as there can be no assurance that the
plans, intentions or expectations upon which they are placed will
occur. Such information, although considered reasonable by
management at the time of preparation, may prove to be incorrect
and actual results may differ from those anticipated.
Forward-looking statements are not guarantees of future
performance. The purpose of forward-looking information is to
provide the reader with a description of management's expectations,
and such forward-looking information may not be appropriate for any
other purpose. Except as required by law, the Company disclaims any
obligation to update or revise any forward-looking statements,
whether as a result of new information, events or otherwise.
Forward-looking statements contained in this news release are
expressly qualified by this cautionary statement.
Neither the TSXV nor its Regulation Services Provider (as
that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this press
release.
Contact:
Richard Adair
Chief Executive Officer
Pluribus Technologies Corp.
1 (800) 851-9383
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SOURCE Pluribus Technologies Corp.