Reach

03 April 2025

ENGAGE XR Holdings Plc

("ENGAGE XR" or the "Group")

ENGAGE XR Announces AI Showcase at ASU+GSV Summit, Titanic VR Launch, and ENGAGE 4.0 Rollout

ENGAGE XR Holdings, a leading provider of immersive communications technology, is pleased to announce its participation at the ASU+GSV Summit in San Diego, California, from 5-7 April 2025.

This year's summit theme, "AI Revolution", aligns strongly with ENGAGE XR's strategic focus on AI-enhanced immersive technology. ENGAGE XR has been invited to the summit by Meta and will feature at its booth, showcasing its latest AI-powered tools designed to transform collaboration, education, and enterprise engagement within the metaverse.

Separately, ENGAGE XR is pleased to announce the impending release of Titanic VR, timed to coincide with the anniversary of the Titanic's sinking in April 1912. The experience offers full interior and exterior exploration of the Titanic wreck, including both halves of the ship and a detailed sinking sequence. Further expanding ENGAGE XR's immersive content portfolio, Titanic VR will be available on Meta Quest 3 for one-off purchase via the education experiences section of the Meta Store. Additionally, it will be included in Engage XR's comprehensive K12 Software Bundle for education providers.

The Company also confirms the official release of ENGAGE 4.0, which introduces a reimagined collaboration platform, positioning itself as the ultimate interactive whiteboard replacement for enterprise and education users. Key to this release is full integration with the Logitech MX Ink stylus, supporting Meta Quest 2, Quest 3, and Quest 3S headsets.

Features include:

·      Support for both left- and right-handed users

·      Pressure-sensitive line control

·      3D air drawing capabilities

·      Enhanced navigation within the platform

·      Numerous performance and usability enhancements

This strategic integration with Logitech's hardware ecosystem strengthens ENGAGE XR's positioning in the remote collaboration market and supports ongoing growth in both education and enterprise adoption.

View the ENGAGE 4.0 release video here: ENGAGE Version 4.0 Release - YouTube

David Whelan, CEO of ENGAGE XR, commented: "Our presence at the ASU+GSV Summit, combined with the release of ENGAGE 4.0 and Titanic VR, underscores how we are leveraging innovation to drive the Company forward. We're excited to showcase how AI and immersive tech are reshaping industries, and ENGAGE XR is at the forefront of that transformation."

For further information, please contact:

About ENGAGE XR

ENGAGE XR Holdings plc (AIM: EXR) has developed ENGAGE, an immersive training, education and collaboration platform, offering cutting-edge VR/AR tools and environments that elevate employee training and student outcomes. Trusted by enterprise and educational clients worldwide, ENGAGE leverages the transformative power of spatial computing to revolutionize onboarding, sales meetings, product demos and a host of other vital business operations.

For further information, please visit: https://engagevr.io/

(LinkedIn: @Engage XR Holdings plc Twitter: @engage_xr)

Forward-Looking Statements

Certain statements made in this announcement are forward-looking statements. These forward-looking statements are not historical facts but rather are based on the Group's current expectations, estimates, and projections about its industry; its beliefs; and assumptions. Words such as 'anticipates,' 'expects,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates,' and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond the Group's control, are difficult to predict, and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements.

The Group cautions security holders and prospective security holders not to place undue reliance on these forward-looking statements, which reflect the view of the Group only as of the date of this announcement. The forward-looking statements made in this announcement relate only to events as of the date on which the statements are made. The Group will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances, or unanticipated events occurring after the date of this announcement except as required by law or by any appropriate regulatory authority.