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TORONTO, Feb. 24, 2021 (GLOBE NEWSWIRE) -- ARHT Media Inc. ("ARHT" or "the Company") (TSXV:ART), the global leader in the development, production and distribution of high-quality, low latency hologram and digital content, is pleased to announce that we have been recognized by the TSX Venture exchange (“TSXV”) as one of the top 50 best performing stocks of 2020 and have been included in their annual TSX Venture 50 list for 2021.
To view a video highlighting this milestone visit: https://vimeo.com/515990837/ae22bbb8a2
The TSX Venture 50 is a flagship program that ranks the top performing companies across five sectors selected based on three equally weighted criteria. Including a company’s change in share price over the course of a year, the one-year trading volume and the one-year market capitalization change, all as of December 31, 2020.
“This is a great honor and a testament to the hard work of our talented team who create memorable human connections that generate emotional impact for our Fortune 500 enterprise clients,” stated Larry O’Reilly, CEO of ARHT Media. “As organizations search for ways to break through the noise of online communication, we offer solutions that generate buzz and get people excited. This positions us very well for significant growth in 2021 with both repeat and new clients.”
Especially considering that our software was designed for an in-person experience our pivot into offering a premium online presentation, Virtual Global StageTM, was a huge success. Our share price increased by 161%, our market capitalization by 260% and we traded over 129 million shares, a testament to a great year with so much more potential.
Both our Virtual Global StageTM (online) and HoloPresence TM (in-person) solutions continue to be of great interest to clients around the globe, many of whom are seeking ways to conduct remote presentations in a more meaningful manner, produce hybrid events with smaller in-person gatherings and a larger online audience or looking for a more effective and engaging way to connect their global office networks for regular meetings using live interactive holograms, that offer a sense of being present in the room rather than over a video conference.
To learn more about the TSX Venture 50 visit: http://tsx.com/Venture50
About ARHT Media
ARHT Media's patented HoloPresenceTM technology is a complete end-to-end solution that creates a sense of presence for audiences – as though the holographic presenter was actually live in the room. With no noticeable latency, ARHT Media makes two-way live communication with a 3D holographic presenter anywhere in the world possible. We can also playback pre-recorded content and 3D animations on our HoloPresenceTM displays to deliver rich holographic experiences. Add to this our capability to stream the same content online on our premium Virtual Global StageTM.
ARHT Media trades under the symbol "ART" on the Toronto Venture Stock Exchange.
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to, disclosure related to the Company's sales funnel; the Company's technology; the potential uses for the Company's technology; the future planned events using the Company's technology; the future success of the Company; the ability of the Company to monetize the ARHT Media technology; the development of the Company's technology; and interest from parties in ARHT's products. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic and competitive uncertainties; regulatory risks; risks inherent in technology operations; and other risks of the technology industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.