BEIJING, May 22, 2023
/PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or
the "Company"), a leading global Hologram Augmented Reality ("AR")
Technology provider, who has invested in research related to
virtual digital technology since its early days, today announced
its continual exploration of cutting-edge technologies and that it
has accumulated a large number of patented technologies and
software systems related to Web 3.0.
Web 3.0 is the next-generation Internet that stimulates group
intelligence, with applications including blockchain, artificial
intelligence, the Internet of Things, and extended reality. These
technologies will form the core technology stack for future
enterprises and reconstruct new ways of linking, communicating, and
collaborating in the digital world.
WiMi has accumulated over 500 intellectual property rights in
the Internet of intelligence, personalization, interactivity, and
virtualization in the Web 3.0 era. For example, the human-computer
interaction method and system based on XR technology, the
convenient 3D touch interaction system based on image processing
technology, the holographic radar, the reflective holographic
display system, the immersive VR device middleware software, the
industrial Internet identification security control service
platform, the AI-powered IoT chip with fuzzy PID algorithm, the
microfluidic diffraction phase holographic imaging chip. These
intellectual property rights contain patents, software systems, and
chip designs. WiMi has long been involved in Web 3.0, the spatial
web. This time, related applications, technologies, and patents
will give WiMi a first-mover advantage.
About WIMI Hologram Cloud
WIMI Hologram Cloud, Inc. (NASDAQ:WIMI) is a holographic cloud
comprehensive technical solution provider that focuses on
professional areas including holographic AR automotive HUD
software, 3D holographic pulse LiDAR, head-mounted light field
holographic equipment, holographic semiconductor, holographic cloud
software, holographic car navigation and others. Its services and
holographic AR technologies include holographic AR automotive
application, 3D holographic pulse LiDAR technology, holographic
vision semiconductor technology, holographic software development,
holographic AR advertising technology, holographic AR entertainment
technology, holographic ARSDK payment, interactive holographic
communication and other holographic AR technologies.
Safe Harbor Statements
This press release contains "forward-looking statements" within
the Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "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 outlook and quotations from management
in this press release and the Company's strategic and operational
plans contain forward−looking statements. The Company may also make
written or oral forward−looking statements in its periodic reports
to the US Securities and Exchange Commission ("SEC") on Forms 20−F
and 6−K, in its annual report to shareholders, in press releases,
and other written materials, and in oral statements made by its
officers, directors or employees to third parties. Forward-looking
statements involve inherent risks and uncertainties. Several
factors could cause actual results to differ materially from those
contained in any forward−looking statement, including but not
limited to the following: the Company's goals and strategies; the
Company's future business development, financial condition, and
results of operations; the expected growth of the AR holographic
industry; and the Company's expectations regarding demand for and
market acceptance of its products and services.
Further information regarding 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 filed with the SEC. All information
provided in this press release is as of the date of this press
release. The Company does not undertake any obligation to update
any forward-looking statement except as required under applicable
laws.
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SOURCE WiMi Hologram Cloud Inc.