Immersive Tech Secures Initial Unit Purchase, and Option on 10 Total Units, of its Hyper-Immersive VR Stand Alone Attraction “UNCONTAINED” with Autobahn Indoor Speedway USA
VANCOUVER, British Columbia, April 7, 2021 – Immersive Tech, a Victory Square Technologies Inc. portfolio company (CSE:VST) (OTC:VSQTF) (FWB:6F6) is pleased to announce that its portfolio company Immersive Tech has entered into an initial 3 unit purchase agreement of its hyper-immersive VR attraction UNCONTAINED with Autobahn Indoor Speedway, with an option on 7 additional units for the remaining Autobahn locations.
Featuring high performance Italian-made racing karts, indoor and outdoor attractions, food and beverage offerings with a family fun safe and friendly environment.
Autobahn plans to invest heavily in it’s locations to include additional family attractions including rope courses and ziplines high above the race tracks below as well as expanding its arcade game offerings, food and beverage options while most importantly announcing the installation of Immersive Tech’s UNCONTAINED hyper-immersive VR attractions for multiplayer, family friendly mind blowing fun. Autobahn Indoor Speedway is one of the largest chains of indoor go-karting operators in North America with locations in Bessemer Alabama, Essex Maryland, Dulles Virginia, Jacksonville Florida, Jessup Maryland, Manassas Virginia, Memphis Tennessee, Lemoyne Pennsylvania, and West Nyack New York.
“Autobahn Indoor Speedway is excited to enter into a Letter of Intent for up to ten UNCONTAINED VR units. We love UNCONTAINED’s unique combination of unmatched hyper-immersive player experience and it’s scalability, allowing us to rapidly add units inside or outside our locations with no operational disruption. UNCONTAINED will give our customers the next level cutting edge experience that they have come to expect from Autobahn Indoor Speedway.” said Bill Harris, Director of Development
Autobahn Indoor Speedway is proud to be the premiere purchaser of UNCONTAINED from Immersive Tech with the request for an initial 3 unit initial purchase for operations at its Chicago IL, Jacksonville FL and Dulles VA locations. Additionally Autobahn has option rights for 7 additional UNCONTAINED units with intentions of adding the attraction to all of its 10 locations across the USA in a mix of interior and exterior placements. Immersive Tech CEO Tim Bieber said “We are thrilled Autobahn Speedways chose our UNCONTAINED VR attraction for their 10 locations. This shows they recognize the innovation leap we have accomplished in the release of our turnkey, mind blowing hyper-immersive experience”
The UNCONTAINED multiplayer VR solution is a first of its kind attraction designed for location based entertainment centers of all shapes and sizes. It offers an exhilarating hyper-immersive experience for up to 6-players, built on a highly scalable and turnkey modular platform. The attraction provides unparalleled fun incorporating an array of physical effects like motion floors, heat/cool, air blast effects, aromas and object interactions packaged as a cost effective plug and play industry first VR solution.
“The UNCONTAINED attraction is a next level immersive experience that can compliment any existing entertainment center, theme park, resort, state fair, theater, mall, or limitless other businesses desiring cutting-edge consumer experiences.” Said Tim Bieber, Immersive Tech CEO. “Our standalone attraction comes in a box and stays in a box. It includes everything to start operating immediately, with no operational disruption, and can be launched indoors or outdoors.” “Our UNCONTAINED attractions provide unsurpassed fun and off the charts thrills with significant added revenue flow to operators” said Bieber.
Immersive Tech’s UNCONTAINED attraction is set to officially premiere at the IAAPA Spring Virtual conference on April 7, 2021 where further details will be announced to the industry.