{"id":473072,"date":"2021-04-07T12:54:51","date_gmt":"2021-04-07T16:54:51","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=473072"},"modified":"2021-04-07T12:54:51","modified_gmt":"2021-04-07T16:54:51","slug":"victory-square-portfolio-company-immersive-tech-announces-loi-with-autobahn-indoor-speedway-for-an-initial-purchase-of-their-uncontained-vr-attraction-with-an-option-to-purchase-up","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/victory-square-portfolio-company-immersive-tech-announces-loi-with-autobahn-indoor-speedway-for-an-initial-purchase-of-their-uncontained-vr-attraction-with-an-option-to-purchase-up\/","title":{"rendered":"Victory Square Portfolio Company, Immersive Tech, Announces LOI With Autobahn Indoor Speedway For An Initial Purchase Of Their \u201cUNCONTAINED\u201d VR Attraction With An Option To Purchase Up To 10 Units"},"content":{"rendered":"
\n

VANCOUVER, British Columbia, April 07, 2021 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (\u201cVictory Square” or the \u201cCompany”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) is pleased to announce that its portfolio company Fantasy 360 Inc dba Immersive Tech (\u201cImmersive\u201d) has entered into an initial one unit letter of intent (LOI) for its hyper-immersive VR attraction \u201cUNCONTAINED\u201d with Autobahn Indoor Speedway, with an option to purchase up to 10 units for the remaining Autobahn locations across the USA.<\/p>\n

For a full and complete update from Immersive on its LOI announcements, please see Immersive press release by clicking here<\/u><\/a>.<\/p>\n

Autobahn Indoor Speedway is one of the largest chains of indoor go-karting operators in North America, featuring high performance Italian-made racing karts, indoor and outdoor attractions, food and beverage offerings all within a family fun, safe and friendly environment. There are 10 Autobahn Indoor Speedway locations across the USA: Bessemer Alabama, Essex Maryland, Dulles Virginia, Jacksonville Florida, Jessup Maryland, Manassas Virginia, Memphis Tennessee, Lemoyne Pennsylvania, and West Nyack New York.<\/p>\n

The UNCONTAINED multiplayer VR solution is an attraction designed for location based entertainment centers of all shapes and sizes. It offers a hyper-immersive experience for up to 6-players, built on a highly scalable and turnkey modular platform. The attraction provides an array of physical effects including motion floors, heat\/cool, air blast effects, all-encompassing aromas and object interactions all packaged as a cost effective plug and play VR solution. Check out a sneak peak of the experience here<\/u><\/a>.<\/p>\n

For more information on this release, please visit: www.immersivetech.co<\/u><\/a><\/p>\n

Immersive \u201cIn the news\u201d recent announcements::<\/p>\n

\n
\n Victory Square Technologies Inc. Portfolio Company Immersive Announces Upsizing of Its Previously Announced Private Placement Due to Strong Investor Demand<\/u>
\n <\/a><\/p>\n


\n Immersive Tech Adds Three \u201cGame Changers\u201d To Its Strategic Advisory Board<\/u>
\n <\/a>\n <\/p>\n

\n
\n Immersive Tech, a Victory Square Technologies Portfolio Company, Announces C$1.5 Million Non-Brokered Private Placement<\/u>
\n <\/a>\n <\/p>\n

\n
\n Immersive Tech Teams Up With Celebrity YouTube Creator Chris Ramsay On An Exclusive Immersive Experience That Will Be Featured On His Social Media Channels To His 6.4 Million Fans<\/u>
\n <\/a>\n <\/p>\n

\n
\n Victory Square Technologies Portfolio Company, Immersive Tech, Hires Former Senior Executive of the \u2018The VOID\u2019, Steven Dooner to lead UNCONTAINED Franchise Development<\/u>
\n <\/a>\n <\/p>\n

\n
\n Victory Square Technologies Portfolio Company, Immersive Tech, Announces the Creation of World\u2019s First COVID-safe Location-Based Entertainment (LBE) Virtual Reality (VR) Division \u201cUNCONTAINED\u201d<\/u>
\n <\/a>\n <\/p>\n

Check out VictorySquare.com and sign up to VST’s official newsletter at www.VictorySquare.com\/newsletter<\/u><\/a><\/p>\n

On behalf of the board,<\/p>\n

Shafin Diamond Tejani
Chief Executive Officer
Victory Square Technologies<\/p>\n

\n For further information about the Company, please contact:<\/strong>\n <\/p>\n

Investor Relations Contact \u2013 Edge Communications Group
Email: ir@victorysquare.com<\/u><\/a>
Telephone: 604 283-9166<\/p>\n

Media Relations Contact \u2013 Howard Blank, Director
Email: howard@victorysquare.com<\/u><\/a>
Telephone: 604-928-6066<\/p>\n

\n About Immersive<\/strong>\n <\/p>\n

As an industry leader in blending amusement park engineering and video game development, Immersive has established strong working relationships with top organizations including: Bayer Pharmaceuticals, Intel, Allegiant Airlines, Capital One, Scotia Bank, and the US Food and Drug Administration among others for brand activations at events including X-Games, Boston Hub Week among others. Over the past four years. Immersive has built highly sought after escape room experiences for some of the largest Family Entertainment groups globally including APEX Entertainment, and Kalahari Resorts. Immersive also operates the newly launched company \u201cUNCONTAINED\u201d, the world’s first COVID-safe free-roam AR\/VR shipping container Location-Based Entertainment franchise. For more info view the company\u2019s latest highlight reel video<\/u><\/strong><\/a> or visit www.ImmersiveTech.co<\/u><\/strong><\/a><\/p>\n

\n ABOUT VICTORY SQUARE TECHNOLOGIES INC.<\/strong>\n <\/p>\n

Victory Square (VST) builds, acquires and invests in promising startups, then provides the senior leadership and resources needed for fast-track growth.<\/p>\n

VST’s sweet spot is cutting-edge tech that’s shaping the 4th Industrial Revolution. Our corporate portfolio consists of 20 global companies using AI, VR\/AR, and blockchain to disrupt sectors as diverse as fintech, insurance, health and gaming.<\/p>\n

\n What we do differently for startups<\/strong>\n <\/p>\n

VST isn’t just another investor. With real skin in the game, we’re committed to ensuring each company in our portfolio succeeds. Our secret sauce starts with selecting startups that have real solutions, not just ideas. We pair you with senior talent in product, engineering, customer acquisition and more. Then we let you do what you do best \u2014 build, innovate and disrupt. In 24-36 months, you’ll scale and be ready to monetize.<\/p>\n

\n What we do differently for investors<\/strong>\n <\/p>\n

VST is a publicly traded company headquartered in Vancouver, Canada, and listed on the Canadian Securities Exchange (VST), Frankfurt Exchange (6F6) and the OTCQX (VSQTF). For investors, we offer early-stage access to the next unicorns before they’re unicorns. Our portfolio represents a uniquely liquid and secure way for investors to get access to the latest cutting-edge technologies. Because we focus on market-ready solutions that scale quickly, we’re able to provide strong and stable returns while also tapping into emerging global trends with big upsides. For more information, please visit www.victorysquare.com<\/u><\/a>.<\/p>\n

\n Forward Looking Statement<\/strong>\n <\/p>\n

This news release contains \u201cforward-looking information\u201d within the meaning of applicable securities laws relating to the outlook of the business of Victory Square, including, without limitation, statements relating to future performance, execution of business strategy, future growth, business prospects and opportunities of Victory Square and its related subsidiaries, including Immersive Technologies Inc., and other factors beyond our control. Such forward-looking statements may, without limitation, be preceded by, followed by, or include words such as \u201cbelieves\u201d, \u201cexpects\u201d, \u201canticipates\u201d, \u201cestimates\u201d, \u201cintends\u201d, \u201cplans\u201d, \u201ccontinues\u201d, \u201cproject\u201d, \u201cpotential\u201d, \u201cpossible\u201d, \u201ccontemplate\u201d, \u201cseek\u201d, \u201cgoal\u201d, or similar expressions, or may employ such future or conditional verbs as \u201cmay\u201d, \u201cmight\u201d, \u201cwill\u201d, \u201ccould\u201d, \u201cshould\u201d or \u201cwould\u201d, or may otherwise be indicated as forward-looking statements by grammatical construction, phrasing or context. All statements other than statements of historical facts contained in this news release are forward-looking statements. Forward-looking information is based on certain key expectations and assumptions made by the management of Victory Square. Although Victory Square believes that the expectations and assumptions on which such forward looking information is based are reasonable, undue reliance should not be placed on them because Victory Square can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements contained in this news release are made as of the date of this news release. Victory Square disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws. The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.<\/p>\n

The Canadian Securities Exchange has neither approved nor disapproved the contents of this news release and accepts no responsibility for the adequacy or accuracy hereof.<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

VANCOUVER, British Columbia, April 07, 2021 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (\u201cVictory Square” or the \u201cCompany”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) is pleased to announce that its portfolio company Fantasy 360 Inc dba Immersive Tech (\u201cImmersive\u201d) has entered into an initial one unit letter of intent (LOI) for its hyper-immersive VR attraction \u201cUNCONTAINED\u201d with Autobahn Indoor Speedway, with an option to purchase up to 10 units for the remaining Autobahn locations across the USA. For a full and complete update from Immersive on its LOI announcements, please see Immersive press release by clicking here. Autobahn Indoor Speedway is one of the largest chains of indoor go-karting operators in North America, featuring high performance Italian-made racing karts, indoor and outdoor attractions, … <\/p>\n

Continue reading “Victory Square Portfolio Company, Immersive Tech, Announces LOI With Autobahn Indoor Speedway For An Initial Purchase Of Their \u201cUNCONTAINED\u201d VR Attraction With An Option To Purchase Up To 10 Units”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-473072","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nVictory Square Portfolio Company, Immersive Tech, Announces LOI With Autobahn Indoor Speedway For An Initial Purchase Of Their \u201cUNCONTAINED\u201d VR Attraction With An Option To Purchase Up To 10 Units - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/victory-square-portfolio-company-immersive-tech-announces-loi-with-autobahn-indoor-speedway-for-an-initial-purchase-of-their-uncontained-vr-attraction-with-an-option-to-purchase-up\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Victory Square Portfolio Company, Immersive Tech, Announces LOI With Autobahn Indoor Speedway For An Initial Purchase Of Their \u201cUNCONTAINED\u201d VR Attraction With An Option To Purchase Up To 10 Units - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"VANCOUVER, British Columbia, April 07, 2021 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (\u201cVictory Square” or the \u201cCompany”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) is pleased to announce that its portfolio company Fantasy 360 Inc dba Immersive Tech (\u201cImmersive\u201d) has entered into an initial one unit letter of intent (LOI) for its hyper-immersive VR attraction \u201cUNCONTAINED\u201d with Autobahn Indoor Speedway, with an option to purchase up to 10 units for the remaining Autobahn locations across the USA. For a full and complete update from Immersive on its LOI announcements, please see Immersive press release by clicking here. Autobahn Indoor Speedway is one of the largest chains of indoor go-karting operators in North America, featuring high performance Italian-made racing karts, indoor and outdoor attractions, … Continue reading "Victory Square Portfolio Company, Immersive Tech, Announces LOI With Autobahn Indoor Speedway For An Initial Purchase Of Their \u201cUNCONTAINED\u201d VR Attraction With An Option To Purchase Up To 10 Units"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/victory-square-portfolio-company-immersive-tech-announces-loi-with-autobahn-indoor-speedway-for-an-initial-purchase-of-their-uncontained-vr-attraction-with-an-option-to-purchase-up\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-07T16:54:51+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMzA5MSM0MTEwMjQ5IzIwOTUxMzY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/victory-square-portfolio-company-immersive-tech-announces-loi-with-autobahn-indoor-speedway-for-an-initial-purchase-of-their-uncontained-vr-attraction-with-an-option-to-purchase-up\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/victory-square-portfolio-company-immersive-tech-announces-loi-with-autobahn-indoor-speedway-for-an-initial-purchase-of-their-uncontained-vr-attraction-with-an-option-to-purchase-up\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Victory Square Portfolio Company, Immersive Tech, Announces LOI With Autobahn Indoor Speedway For An Initial Purchase Of Their \u201cUNCONTAINED\u201d VR Attraction With An Option To Purchase Up To 10 Units\",\"datePublished\":\"2021-04-07T16:54:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/victory-square-portfolio-company-immersive-tech-announces-loi-with-autobahn-indoor-speedway-for-an-initial-purchase-of-their-uncontained-vr-attraction-with-an-option-to-purchase-up\\\/\"},\"wordCount\":1131,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/victory-square-portfolio-company-immersive-tech-announces-loi-with-autobahn-indoor-speedway-for-an-initial-purchase-of-their-uncontained-vr-attraction-with-an-option-to-purchase-up\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODIxMzA5MSM0MTEwMjQ5IzIwOTUxMzY=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/victory-square-portfolio-company-immersive-tech-announces-loi-with-autobahn-indoor-speedway-for-an-initial-purchase-of-their-uncontained-vr-attraction-with-an-option-to-purchase-up\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/victory-square-portfolio-company-immersive-tech-announces-loi-with-autobahn-indoor-speedway-for-an-initial-purchase-of-their-uncontained-vr-attraction-with-an-option-to-purchase-up\\\/\",\"name\":\"Victory Square Portfolio Company, Immersive Tech, Announces LOI With Autobahn Indoor Speedway For An Initial Purchase Of Their \u201cUNCONTAINED\u201d VR Attraction With An Option To Purchase Up To 10 Units - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/victory-square-portfolio-company-immersive-tech-announces-loi-with-autobahn-indoor-speedway-for-an-initial-purchase-of-their-uncontained-vr-attraction-with-an-option-to-purchase-up\/","og_locale":"en_US","og_type":"article","og_title":"Victory Square Portfolio Company, Immersive Tech, Announces LOI With Autobahn Indoor Speedway For An Initial Purchase Of Their \u201cUNCONTAINED\u201d VR Attraction With An Option To Purchase Up To 10 Units - Market Newsdesk","og_description":"VANCOUVER, British Columbia, April 07, 2021 (GLOBE NEWSWIRE) — Victory Square Technologies Inc. (\u201cVictory Square” or the \u201cCompany”) (CSE:VST) (OTC:VSQTF) (FWB:6F6) is pleased to announce that its portfolio company Fantasy 360 Inc dba Immersive Tech (\u201cImmersive\u201d) has entered into an initial one unit letter of intent (LOI) for its hyper-immersive VR attraction \u201cUNCONTAINED\u201d with Autobahn Indoor Speedway, with an option to purchase up to 10 units for the remaining Autobahn locations across the USA. For a full and complete update from Immersive on its LOI announcements, please see Immersive press release by clicking here. Autobahn Indoor Speedway is one of the largest chains of indoor go-karting operators in North America, featuring high performance Italian-made racing karts, indoor and outdoor attractions, … Continue reading \"Victory Square Portfolio Company, Immersive Tech, Announces LOI With Autobahn Indoor Speedway For An Initial Purchase Of Their \u201cUNCONTAINED\u201d VR Attraction With An Option To Purchase Up To 10 Units\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/victory-square-portfolio-company-immersive-tech-announces-loi-with-autobahn-indoor-speedway-for-an-initial-purchase-of-their-uncontained-vr-attraction-with-an-option-to-purchase-up\/","og_site_name":"Market Newsdesk","article_published_time":"2021-04-07T16:54:51+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMzA5MSM0MTEwMjQ5IzIwOTUxMzY=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/victory-square-portfolio-company-immersive-tech-announces-loi-with-autobahn-indoor-speedway-for-an-initial-purchase-of-their-uncontained-vr-attraction-with-an-option-to-purchase-up\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/victory-square-portfolio-company-immersive-tech-announces-loi-with-autobahn-indoor-speedway-for-an-initial-purchase-of-their-uncontained-vr-attraction-with-an-option-to-purchase-up\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Victory Square Portfolio Company, Immersive Tech, Announces LOI With Autobahn Indoor Speedway For An Initial Purchase Of Their \u201cUNCONTAINED\u201d VR Attraction With An Option To Purchase Up To 10 Units","datePublished":"2021-04-07T16:54:51+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/victory-square-portfolio-company-immersive-tech-announces-loi-with-autobahn-indoor-speedway-for-an-initial-purchase-of-their-uncontained-vr-attraction-with-an-option-to-purchase-up\/"},"wordCount":1131,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/victory-square-portfolio-company-immersive-tech-announces-loi-with-autobahn-indoor-speedway-for-an-initial-purchase-of-their-uncontained-vr-attraction-with-an-option-to-purchase-up\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODIxMzA5MSM0MTEwMjQ5IzIwOTUxMzY=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/victory-square-portfolio-company-immersive-tech-announces-loi-with-autobahn-indoor-speedway-for-an-initial-purchase-of-their-uncontained-vr-attraction-with-an-option-to-purchase-up\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/victory-square-portfolio-company-immersive-tech-announces-loi-with-autobahn-indoor-speedway-for-an-initial-purchase-of-their-uncontained-vr-attraction-with-an-option-to-purchase-up\/","name":"Victory Square Portfolio Company, Immersive Tech, Announces LOI With Autobahn Indoor Speedway For An Initial Purchase Of Their \u201cUNCONTAINED\u201d VR Attraction With An Option To Purchase Up To 10 Units - 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