ImagineAR (OTCQB: IPNFF) Announces Three Year White Label Mobile APP Revenue Partnership Agreement with Automotive Industries (AI) Trade Publication

ImagineAR Executes the First Contract of the Hype Sports Global Virtual Accelerator 2

VANCOUVER, BC, April 13, 2021 /PRNewswire/ - ImagineAR (CSE: IP) (OTCQB: IPNFF) an Augmented Reality Company that enables sports teams, brands and businesses to instantly create mobile phone AR immersive engagement campaigns, is pleased to announce a three year revenue white label mobile app partnership agreement with Automotive Industries (AI) trade publication.  Automotive Industries print audience plus Ai's online readership are the who's who of automotive decision-making, including major carmakers, system suppliers, 1st tier and major 2nd tier award winning supplier companies.

Automotive Industries (Ai) Publisher, John Larkin said "The automotive industry is often considered to be one of the most global of all industries, by 2022 there are expected to be 1 billion+ cars on the planet. The car makers are looking for the next innovation to benefit their consumers, their communication & their marketing partnerships.  We believe computer vision AR and Alen Paul Silverrstieen's team at ImagineAR are bringing the automotive industry and the world consumers of automobiles one of the best media communication assets since the introduction of the mobile phone."

Alen Paul Silverrstieen, CEO & President of ImagineAR, stated "This is our first publishing partnership and solely focused on the business-to-business marketplace.  John understands the revenue impact AR can deliver to his industry publication by increasing engagement and activations around the world leveraging our white-label mobile app platform with integrated content subscription channels.  We are excited to transform the publishing business with Automotive Industries."

"Hype Sports Innovation has been an amazing opportunity for ImagineAR to demonstrate our comprehensive Augmented Reality Platform to leading sports clubs, broadcasters, and publishers around the world.  After being selected by 17 different organizations, we are excited to announce the first executed contract from the HYPE Virtual Accelerator 2021", continued Mr. Silverrstieen.

About Automotive Industries
Automotive Industries (Ai) is the world's oldest continually published trade publication covering the automaking business. It was founded in November 1895 as "The Horseless Age," the first magazine created to cover the world's transition from horse-drawn conveyances to those powered by the new internal combustion engine. The magazine changed its name to "The Automobile" in July 1909, an era when gasoline, steam and electricity all vied for preeminence in motive power.

The magazine's present name was established in November 1917. The title was briefly amended to "Automotive and Aviation Industries" during the World War II years, as the magazine expanded its coverage of technologies and production methods to include the aircraft industry, in which many automakers participated.

Automotive Industries is devoted to providing a global coverage on all aspects of the automobile marketplace, with an emphasis on the people, products and processes that shape the industry. Automotive Industries provides manufacturers and suppliers with in-depth news, information, insight and analysis on the global events that affect the auto industry. Visit Ai at www.i.ai

About ImagineAR 
ImagineAR Inc. (CSE: IP) (OTC: IPNFF) is an augmented reality (AR) platform, ImagineAR.com, that enables  businesses  of  any  size  to  create and  implement  their  own  AR  campaigns  with no programming or technology experience. Every organization, from professional sports franchises to small retailers, can develop interactive AR campaigns that blend the real and digital worlds. Customers simply point their mobile device at logos, signs, buildings,(products, landmarks and more to instantly engage videos, information, advertisements, coupons,3D holograms and any interactive content all hosted in the cloud and managed using a menu-driven portal. Integrated real-time analytics means that all customer interaction is tracked and measured in real-time. The AR Enterprise platform supports both IOS and Android mobile devices and upcoming wearable technologies. The AR Platform is available as an SDK Plug-in for existing mobile apps.

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ON BEHALF OF THE BOARD
Alen Paul Silverrstieen President & CEO (818) 850-2490
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Forward-Looking Information and Statements

This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently  uncertain  and  outside  of  the  Company's  control.  Generally,  such  forward-looking information  or  forward-looking  statements  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 may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information and forward-looking statements contained herein may include, but is not limited to, information concerning the timing for the launch of Liquid Avatar apps, the plans for future features of the Liquid Avatar apps, expected geographic expansion, the ability of the Company to generate revenues, roll out new programs and to successfully achieve business objectives, and expectations for other economic, business, and/or competitive factors.

By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are 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 information and statements. In addition, in connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information and statements are the following: failure to obtain necessary approvals in a timely manner or at all; lack of sufficient capital to expand the Company's geographic footprint or to add new features to the Company's offerings; changes in general economic, business, and political conditions, including changes in the financial markets; changes in applicable laws; compliance with extensive government regulation. Should one or more of these risks, uncertainties or other factors materialize, or should assumptions underlying the forward-looking information or statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated, or expected.

Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.

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SOURCE ImagineAR Inc.