DALLAS, TEXAS, May 05, 2022 (GLOBE NEWSWIRE) — Frontera Group, Inc. (OTC Pink: FRTG) (“Frontera” or “the Company”), a technology-focused strategic acquirer of revenue-generating and intellectual property (IP), today announced the release of version 3.0 of its Mixie Holoport immersive reality framework with extended reality (XR) support (“Mixie Holoport XR”). Mixie Holoport XR is the winner of the National Association of Broadcasters (NAB) Product of the Year Award, setting the benchmark for immersive realism in augmented reality (AR), mixed reality (MR), and reality applications virtual (VR). Frontera recently acquired the Mixie Holoport IP to enhance Metaverse business applications.
“Mixie Holoport XR bridges the experiential gap between digital worlds and our physical senses, allowing users to seamlessly interact in highly immersive realities,” said Andrew De Luna, CPA, MBA, Vice President, Managing Director by Interim and Chief Financial Officer of Frontera. . “Virtual versions of objects and scenarios allow users to explore entirely new environments, dramatically increasing the effectiveness of virtual training while making the full immersive experience memorable and actionable.”
The enterprise-grade Mixie Holoport XR umbrella frame sets the standard for next-generation collaborative environments and human-computer interaction, delivering new levels of immersive realism via 360º video playback and intelligent motion tracking capabilities. Mixie Holoport XR engenders intense emotional investment and knowledge retention, leading to memorable and highly impactful user experiences. As a result, viewers interacting with Mixie Holoport XR-enabled apps benefit from real-world scenarios in training, real estate property tours, distance education, manufacturing, healthcare, and other applications where the realism and seamless interactivity are necessary to ensure full user engagement. . From a financial perspective, Mixie Holoport XR targets organizations looking to quantify their return on investment (ROI) in the Metaverse.
“Frontera’s Mixie Holoport XR enables customers to deploy cost-effective business applications that benefit from experiential visualization and knowledge sharing,” said Mann Yam, Chairman of the Board of Frontera Group. “We bring tangible value to Metaverse business applications by taking the mystery out of ROI and simplifying engagement. The Mixie Holoport XR offers a full-service ecosystem that includes professional content creation, content management, and solutions. multi-device streaming – all wrapped up in CFO – user-friendly packaging.
For more information on Mixie Holoport XR, please visit https://intellimedianetworks.com/products/mixie-ltms/.
Frontera Group is a strategic acquirer of intellectual property and revenue-generating businesses in the technology and human capital markets. It develops and executes an aggressive four-tier acquisition and execution strategy designed to deliver substantial increases in the profitability of its acquisitions in industries that traditionally have low and stagnant EBITDA multiples. The Company has identified and is currently pursuing several revenue-generating acquisition targets.
For more information, please visit the Frontera website at www.frtgtech.com.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995
Statements in this press release that are not historical facts may be “forward-looking statements” that involve risks and uncertainties that could cause actual results to differ materially from those currently anticipated. For example, statements that describe FRTG’s hopes, plans, objectives, goals, intentions or expectations are forward-looking statements. Forward-looking statements made herein speak only as of the date of this press release. Many factors, many of which are beyond FRTG’s control, will affect actual results. FRTG undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances. This press release should be read in conjunction with FRTG’s most recent financial reports and other filings with the over-the-counter markets and/or the United States Securities and Exchange Commission by FRTG.
Contact Frontera Group