ARHT Media Inc. ("ARHT" or "the Company") (TSXV: ART), (OTCQB:
ARHTF) the global leader in the development, production and
distribution of high-quality, low latency hologram and digital
content, is pleased to announce its partnership with Cairo
Einrichtungsversand AG (“Cairo“), a leading design furniture
retailer based in Germany.
Under the visionary leadership of Gero
Furchheim, the president of the German E-commerce Association and
CEO of Cairo, the project aims to merge the physical and digital
worlds in a way never seen before. Leveraging ARHT hologram
technology, Cairo plans to "duplicate" their sales assistants as
live holograms and beam them via ARHT CAPSULE to other retail
shops, offering a unique and immersive shopping experience for
their customers.
"I saw the potential of holograms during my
visit to the NRF Big Show last year," confesses Furchheim. "I
witnessed the CAPSULE technology in action, and it immediately
fascinated me. The idea of teleporting a sales assistant as a live
hologram to another retail shop was truly groundbreaking, and we
knew we had to explore it further."
The project is part of the "Future Retail
Store", funded by the Günther Rid Foundation for Bavarian Retail
and executed by the Fraunhofer Institute for Integrated Circuits
IIS. Cairo was one of the two retailers winning the Future Retail
Store competition, which enabled them to turn this idea into
reality. The first step is a proof of concept in the open
innovation lab “JOSEPHSⓇ“, a spin-off research project of
Fraunhofer IIS and Friedrich-Alexander-University
Erlangen-Nuremberg, which is conveniently located just 230 meters
from the Cairo showroom in Nuremberg.
"We are thrilled to be working with ARHT," says
Furchheim. "Their experienced team of creatives and professionals
has enabled us to create a truly immersive and interactive
experience for our customers. In the future, with this technology,
we can bring our sales assistants to different locations, making it
possible for customers to receive personalized consultations and
experience our products firsthand."
Cairo plans to invite its existing customers to
be part of this innovative pilot experiment. They will have the
opportunity to receive complete sales pitches and consultations
from the holographic sales assistants who are filmed in the Cairo
store in Nuremberg as if they were in the same room. If successful,
Cairo aims to open smaller stores in various locations, offering
customers the chance to interact with holographic sales assistants.
The Fraunhofer IIS and the Rid Foundation will conduct scientific
research during the proof of concept on the reactions of the
customers.
"We believe that this partnership with ARHT will
bring endless opportunities for us," states Furchheim. "From
showcasing world-famous designers at customer events to creating
immersive showroom experiences through kiosk mode and storytelling,
this collaboration has the power to redefine the retail
industry."
"We are excited to take the impact and power of
our live holographic telepresence technology and continue to apply
it in the global retail industry," says Larry O’Reilly, CEO at
ARHT. "This partnership with Cairo represents a major step forward
in the phygital realm, providing customers with a truly
personalized and engaging shopping experience."
The partnership between ARHT and Cairo
demonstrates the commitment to embracing digital and technical
possibilities to stay relevant in the ever-evolving retail
landscape. With the holographic sales assistant, Cairo aims to
reshape the way customers interact with their products and bring a
new level of personalization to the retail experience.
The project will run from January 24 to March
17, with a demo day scheduled in the first half of March revealing
the first research results.
About Cairo
Cairo is a leading design furniture retailer
based in Germany, serving customers in Germany, Austria,
Switzerland, and France. With over 30 years of experience, Cairo
has established itself as a premier destination for high-end design
furniture. Combining e-commerce and physical stores, they provide
customers with a seamless shopping experience. For more
information, visit www.cairo.de.
About ARHT
ARHT is a pioneer and the global leader in live
hologram technology. Thanks to its patented end-to-end technology,
executives, medical experts, educators, entertainers, and thought
leaders can travel at the speed of light to any destination.
ARHT was founded in 2014 and is publicly traded
on the TSX Venture Exchange. ARHT has offices in North America,
Europe and Asia and operates from its own studios in locations from
Toronto to Singapore, as well as a large network of partner studios
in every region.
Connect with
ARHT:LinkedIn: https://www.linkedin.com/company/arht-techInstagram: https://www.instagram.com/arht.techFacebook: https://www.facebook.com/arht.techTwitter: https://twitter.com/arht_techYoutube: https://www.youtube.com/@arht-tech
For more information, please
visit www.arht.tech/about/investors or www.arht.tech.Alternatively,
email us directly at info@arht.tech.
ARHT trades under the symbol
"ART" on the TSX Venture
Exchange.
Press Inquiries:Kristen
Spencekspence@arht.tech
ARHTHanna AyyadChief Financial Officer+1
(416)-782-8042 (head office)
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