Saturday, June 25 2022

Vancouver, BC, Feb. 16 2022 (GLOBE NEWSWIRE) — XRApplied Technologies Inc. (“XRA” or the “Company”) announces the launch of its newly redesigned corporate website (www.xrapplied.com) today.

XRA’s primary goal during the redesign process was to create a more informative, user-friendly, and responsive resource across all platforms and devices for potential customers, investors, and shareholders. This redesign supports the company’s mission and unique value proposition in the wake of seismic shifts in the extended reality (XR) landscape, particularly as potential concepts for the “metaverse” continue to emerge.

XRA’s new website features an updated look and feel while retaining the company’s existing branding, greater site-wide responsiveness, and serves as a more accessible source of information on the company, the XR industry and its AR/VR technology solutions.

The company also reports that Lior Ishai will focus on supporting the company’s B2B and investor marketing strategies as chief marketing officer and, in doing so, step down as CEO.

“We would like to thank Mr. Ishai for his stewardship as CEO which allowed us to register and support our company’s marketing infrastructure,” said Aleksey Andreychenko, Acting President and CEO. “We look forward to continuing to work with him to grow the company’s international sales team and B2B marketing efforts.

About XRApplied Technologies Inc.

XRA is an immersive technology solutions provider that specializes in delivering cost-effective AR/VR e-commerce applications to businesses large and small. We achieve this through a suite of exclusive products and services (AR catalog, toy gamification, AR App e-commerce, AR/VR interactive games) that we offer to the general public through our exclusive XRA marketing platform.

Further information about XRApplied is available under its profile on the SEDAR website, www.sedar.comon the CST website, www.thecse.comand the Company’s website, www.xrapplied.com

For more information about the company, please contact:

Stone of Alexandria

Spyrock Consulting Inc.

E-mail: [email protected]

Neither the Canadian Securities Exchange nor its regulation services provider has reviewed or accepts responsibility for the adequacy or accuracy of this press release.

Forward-looking information:

This press release contains forward-looking statements. Use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe”, and similar aim to identify -looking statements. Although the Company believes that the expectations and assumptions on which forward-looking statements are based are reasonable, undue reliance should not be placed on forward-looking statements as the Company cannot guarantee that they will prove to be accurate. Because forward-looking statements address future events and conditions, they, by their very nature, involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks discussed in the Company’s MD&A under the Company’s profile at www.sedar.com. Although the Company may choose to do so, it does not undertake at any time to update this information.

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