WIMI Announces Launch of “WiMi HoloAR Lens” to Improve Metaverse User Experience

BEIJING, September 7, 2021 / PRNewswire / – WIMI Hologram Cloud (Nasdaq: WIMI), a leading provider of holographic AR application technology worldwide, today announced the launch of a new augmented reality head-mounted display (HMD) product ) for the consumer market, called “HoloAR WiMi Lens” to further strengthen the research and development of underlying holographic technology software and hardware and expand the holographic AR technology user experience at Metaverse.

WIMI WiMi HoloAR Lens ’new AR-HMD product is the world’s first split camera compatible with dual camera and 6dof (degree of freedom) spatial positioning solution feature. It is conducive to the full use of spatial interaction and is suitable for multiple scenes such as spatial interaction and spatial positioning.

For new applications, holographic AR technology has been updated, which greatly benefits the development of multiple applications and the promotion of the Metaverse user experience.

WiMi HoloAR lens settings are better than products of the same type and the product is an AR display device that is easier to use and easy to carry on the projection screen. It can be expanded to connect to personal computers, drones, Android and iOS smartphones, appearing to be a portable and mobile smart display device in multiple scenarios.

Compared with the viewing angle of 30-55 degrees in the industry, this product has a wider view of 63 degrees, greatly improving the visual immersion of the product. And the product shows a giant screen 600 inches long, a high definition image of 1920 * 1080p, a contrast ratio of 50000/1 and 80 million colors. Combined with the 1800nit high brightness screen and the high refresh rate of 90Hz, the product allows users to get a clearer and more realistic display effect.

The whole machine weighs only 78 g and the pressure on the user’s face is very low, comfortable to carry, suitable for daily trips, high-speed trains and planes, metro, outdoor virtual communication and video conferencing, in addition to home gym, home education and many other scenes.

The optical solution integrates the adjustment of refractive errors ranging from 0 to 500 degrees. Users can see the virtual image directly clearly without myopia. The product has a strong expansion and upgrade advantage, and if combined with 6dof double handles, you can perform interactive scenes and create product entertainment app scenes, they even support full stack for Steam games. It is expected to become the main entry point for Metaverse’s new AR holographic technology in communication, social interaction and entertainment.

Shi Shuo, CEO of WiMi, said: “WiMi HoloAR Lens, accelerates the iteration in terms of image color management, dockable devices and clothing experience, and implementation of holographic AR technology. We have laid a solid foundation in the expansion of With the popularization of metaverses and technological advances, the demand for RA and VR products will continue to grow.The display product mounted on the head of WIMI XR (AR / VR / MR), such as WiMi Hologram SoftLight, has licensed and approved by the Federal Communications Administration (FCC) to enter the U.S. market. The new HoloAR WiMi target will also be widely used in the fields of virtual social networking, virtual entertainment, virtual education, virtual communications, etc. “

And he adds: “With the popularization of Metaverse applications, the holographic cloud industry where WIMI is located will experience explosive growth. We will take advantage of the growth opportunities of the Metaverse market, continuously improve our Metaverse product matrix and expand our market share. to continue to create long-term value for the company’s shareholders ”.

Shi Shuo In addition, he stated that WIMI is currently the leading holographic platform in the world. It has established a complete holographic technology research and development system, a holographic content production and storage system, and a holographic marketing system. Year-on-year WIMI 2020 revenue increases substantially to 140%. With the explosion of the Metaverse industry and the company’s continued increase in R&D investment, WIMI revenue is expected to continue to grow rapidly.

About WIMI Hologram Cloud

WIMI Hologram Cloud, Inc. (Nasdaq: WIMI), whose business operations began in 2015, is a provider of integrated holographic cloud technical solutions that focuses on professional areas, including automotive HUD software holographic AR, 3D LiDAR holographic powder, light field holographic mounted on the head. equipment, holographic semiconductors, holographic cloud software, holographic vehicle navigation, Metaverse holographic AR and VR equipment, Metaverse holographic cloud software and others. Its holographic AR services and technologies include automated holographic AR application, holographic 3D powder LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, virtual communication interactive, Metaverse holographic AR technology, Metaverse virtual cloud service and other holographic RA technologies.

Safe Harbor Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology as “want”, “expect”, “anticipate”, “future”. “intends,” “plans,” “believes,” “estimates,” and similar statements. Statements that are not historical facts, including statements about the company’s beliefs and expectations, are forward-looking statements. Among other things, the business prospects and management quotes of this press release, as well as the company’s strategic and operational plans, contain forward-looking statements. The Company may also make forward-looking written or oral statements in its periodic reports to the United States Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases. of press and other written materials and in oral statements made by its officers, directors or employees to third parties. Prospective statements involve inherent risks and uncertainties. A number of factors may cause actual results to differ materially from the contents in any forward-looking statement, including, but not limited to, the following: the company’s objectives and strategies; future business development, financial condition and results of the company’s operations; the expected growth of the RA holographic industry; and the company’s expectations regarding market demand and acceptance of its products and services. More information on these and other risks is included in the company’s annual report on Form 20-F and the current report on Form 6-K and other documents submitted to the SEC. All information provided in this press release is as of the date of this press release and the company assumes no obligation to update any forward-looking statements, except as required by applicable law.

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