-Company steps into the metaverse with practical advertising and marketing
VANCOUVER, British Columbia and LISBON, Portugal, Sept. 27, 2022 (GLOBE NEWSWIRE) — TUGA Innovations, Inc. (CSE: TUGA) (FRA: DQ5) (OTC: TUGAF) (“TUGA Innovations”, or the “Company”), which is creating options for city mobility challenges with the TUGA, a brand new sort of electrical automobile (“EV”), is happy to announce it has made the leap throughout the digital divide from city mobility into the metaverse via the efforts of its in-house digital advertising and marketing group.
The founders of TUGA Innovations have built-in the magic of augmented actuality (“AR”) and digital actuality (“VR”) via the facility of synthetic intelligence right into a sensible software for experiential product advertising and marketing. With the rising curiosity within the metaverse, the Company’s advertising and marketing efforts will provide an end-user expertise via a digitally enhanced journey of its lineup of all-electric city mobility automobiles as an important built-in part to the gross sales and advertising and marketing course of.
TUGA Innovations VR and AR promotional instruments will quickly be accessible within the Quest retailer for VR goggles, and as an AR App accessible via the Apple IOS retailer and Google Play retailer.
Edmundo Nobre, Digital Director at TUGA Innovations states, “We’ve been able to develop AR and VR tools thanks to the expertise of our Partner Aromni. We are delivering TUGA virtual tools so that the public can experience our vehicles before our vehicles are launched.”
The VR promotional software provides the general public distinctive methods to expertise the TUGA automobile platform options, together with the operations of the revolutionary cover, expandable chassis, retracting rear axle, and onboard electronics, that are demonstrated when utilizing Quest VR goggles. All TUGA fashions in improvement will likely be accessible for viewing, together with the Thunder, Falcon, Commuter, Deliver, Cargo, and Pickup configurations by way of on-line entry on the Quest Store. Salespersons, sellers, and potential prospects can discover the automobile in-depth whereas concurrently projecting the Quest goggle imagery onto a display screen for show functions.
The AR promotional software has comparable performance however is offered as a downloadable utility on sensible telephones and pill units. Sales and advertising and marketing representatives together with potential prospects can simply visualize any of the TUGA fashions geolocated withing their very own metropolis and might embody pals or household having fun with a journey that includes the trendy Thunder and Falcon interiors. The expertise demonstrates the numerous options and advantages completely developed by TUGA via in depth real-time AR scenes of the automobile in motion.
Cesar Barbosa, VP and Co-Founder of TUGA Innovations provides, “Subject to final testing, our vehicle development team is scheduled to launch our fully engineered commercial prototype in Q4 of 2022 or Q1 of 2023. Our VR and AR promotional tools are designed to demonstrate our digital expertise and to launch our promotional efforts in earnest. We believe a modern vehicle needs a modern and immersive marketing effort that truly demonstrates what we have created. We think this is an exciting approach and look forward to building interest with our VR and AR promotional tools.”
The digital group brings substantial information, experience, and entry to a broad business community concerned in metaverse improvement. The group members are pioneers within the digital innovation house as holders of a number of particular person and joint expertise patents and as mission designer/implementors for a number of Fortune 500 corporations.
The TUGA totally electrical fore-and-aft 2-seat automobile goals to handle the numerous challenges confronted when driving in, between, and round city centres and metropolitan areas. The automobile isn’t any wider than a bike for agility and boasts a patent pending increasing rear axle for stability at increased speeds and a patent-pending increasing size automobile chassis system providing a novel backwards motion of the rear a part of the automobile to allow improved passenger and/or cargo entry. The TUGA platform is being designed to supply a number of physique types initially recognized because the TUGA Commuter, TUGA Deliver and TUGA One ideas.
Company CEO John Hagie notes, “These innovative tools position us at the convergence of the metaverse and online marketing. Today, we plan to commence with a suite of promotional tools and tomorrow we hope to develop online feedback and interest from metaverse users that may even aid in the creation of future vehicle components, features, and benefits. What better way to organically grow than by having the end-users integrated into the process? Digital functionality is in our DNA, and we aim to establish and consolidate our leadership position in the digital space as part of our ongoing commitment to value creation.”
On behalf of the Board of Directors,
Sincerely,
~John Hagie~
John Hagie
Chief Executive Officer & Director
TUGA Innovations, Inc.
As a part of the Company’s disclosure obligations as a public issuer, ongoing monetary and materials filings might be discovered underneath the Company’s profile on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com. We invite the general public to go to our web site at www.tugainnovations.com and to enroll to our “news alerts” to be suggested of future information and occasions. Please watch our video which is now accessible on the web site, and comply with us on Instagram, Twitter, and LinkedIn.
About TUGA Innovations, Inc. (CSE: TUGA) (FRA: DQ5) (OTC: TUGAF)
TUGA Innovations is a development-stage electrical automobile firm enterprise the conception, design, and manufacturing of specialised EVs to enhance the city mobility expertise. The Company is trying to cut back city mobility difficulties by creating a family of three-wheeled, totally electrical fore-and-aft 2-seat automobiles. The automobile isn’t any wider than a bike for agility and provides a patent pending increasing rear axle for high-speed stability together with a patent pending expandable chassis designed for passenger consolation. The automobile will provide superior connectivity expertise to maximise security, efficiency, environmental impression, consolation, upkeep, and navigation. The TUGA automobile is being designed to ship an estimated 160 km vary, have an estimated prime velocity of 140km/hour with the comforts of a automobile, and with extra safety than a bike in an interchangeable multi-body, multi-function platform. Find out extra at: https://tugainnovations.com/, watch our video, and comply with us on Instagram, Twitter, and LinkedIn.
For additional info, please contact:
TUGA Investor Relations
Tel: +1 415.799.7911
Email: [email protected]
Forward-Looking Statement
This information launch accommodates statements and knowledge that, to the extent that they don’t seem to be historic truth, might represent “forward-looking information” throughout the that means of relevant securities laws. Forward-looking info might embody monetary and different projections, in addition to statements concerning future plans, goals, or financial efficiency, or the belief underlying any of the foregoing. In some instances, forward-looking statements might be recognized by phrases similar to “aim”, “aims to”, “aiming to” “may”, “would”, “could”, “will”, “will be” “likely”, “expected”, “anticipated”, “believe”, “intend”, “plan”, “forecast”, “project”, “estimate”, “outlook”, “hope”, “the potential to”, “look forward” or the adverse thereof or different comparable expressions regarding issues that aren’t historic information. Examples of such statements embody, however usually are not restricted to, statements with respect to the Company’s product improvement efforts, the Company’s advertising and marketing efforts providing an end-user expertise via its lineup of all-electric city mobility automobiles; TUGA Innovations VR and AR promotional instruments being accessible quickly within the Quest retailer, Apple IOS retailer, and Google Play retailer; the Company launching its automobiles; all TUGA fashions in improvement being accessible for viewing, together with the Thunder, Falcon, Commuter, Deliver, Cargo, and Pickup configurations by way of on-line entry on the Quest Store; the Company launching its totally engineered business prototype in This autumn of 2022 or Q1 of 2023; the Company constructing curiosity with promotional instruments; the Company creating on-line suggestions and curiosity from metaverse customers to assist within the creation of future automobile elements, options, and advantages; the Company establishing and consolidating its management place within the digital house as a part of its ongoing dedication to worth creation; the Company providing an revolutionary, high-end, high-quality method to city mobility issues; the Company addressing challenges confronted when driving in, between, and round city centres and metropolitan areas; the Company dedicating automobiles aimed on the supply service section; the Company providing a uniquely-tailored answer within the quickly altering automotive sector; and the Company’s commercialization of its automotive ideas, together with the width of the automobile, the expanded rear axle characteristic of the automobile, a number of physique types for the automobile, the increasing size automobile chassis system of the automobile, the superior connectivity options of the automobile and their anticipated advantages, the km vary and prime velocity of the automobile, and the safety and platform supplied by the automobile.
Forward-looking info is predicated on the assumptions, estimates, evaluation, and opinions of administration made in mild of its expertise and its notion of developments, present situations and anticipated developments, in addition to different elements that administration believes to be related and cheap within the circumstances on the date that such statements are made, however which can show to be incorrect. The materials elements and assumptions used to develop the forward-looking info contained on this information launch embody, however usually are not restricted to, key personnel and certified staff persevering with their involvement with the Company; the Company’s means to safe further financing on cheap phrases; the aggressive situations of the industries wherein the Company operates; and legal guidelines and any amendments thereto relevant to the Company.
Forward-looking info includes recognized and unknown dangers, uncertainties and different elements which will trigger the precise outcomes, efficiency or achievements of the Company to vary materially from any future outcomes, efficiency or achievements expressed or implied by the forward-looking info, together with, with out limitation, dangers regarding the longer term business plans of the Company; dangers that the Company won’t be able to retain its key personnel; dangers that the Company won’t be able to safe financing on cheap phrases or in any respect, in addition to all the different dangers as described within the Company’s remaining prospectus dated November 30, 2021 underneath the heading “Risks Factors.” Accordingly, readers shouldn’t place undue reliance on any such forward-looking info. Further, any forward-looking info speaks solely as of the date on which such assertion is made. New elements emerge on occasion, and it’s not potential for the Company’s administration to foretell all such elements and to evaluate prematurely the impression of every such issue on the Company’s business or the extent to which any issue, or mixture of things, might trigger precise outcomes to vary materially from these contained in any forward-looking info. The Company doesn’t undertake any obligation to replace any forward-looking info to replicate info or occasions after the date on which it’s made or to replicate the prevalence of unanticipated occasions, besides as required by legislation, together with securities legal guidelines.
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