Urbanimmersive Launches a Franchise Program
01 September 2022 - 2:30PM
Urbanimmersive Inc. (“Urbanimmersive,” the “Company” or “UI”)
(TSV-V UI) (OTCQB: UBMRF) is proud to announce the launch of a
franchise program for its 3D photography solutions.
This franchise program
fits with the Company's accelerated growth plan announced in June
2021 aimed at expanding the Company's activities more quickly and
increasing the adoption of its technological solutions for all
photographers. This program therefore complements the strategy of
acquiring well-established real estate photography agencies in
selected territories in North America with the goal of integrating
Company’s SaaS products to 2D/3D photography services offered, and
which has already resulted in the acquisition of not less than 8
real estate photography agencies over the last 15 months (corporate
franchises) and which should continue in the future, in addition to
the sale of franchises, given the successful integration of those
businesses acquired so far.
The franchise program
is particularly aimed at full-time photographers working alone or
with a small team and who wish to 1) differentiate themselves by
offering to their clients innovative value-added 3D technological
solutions while having access to a state-of-the-art photography
management platform ('ERP'), including online ordering and instant
appointment booking, as well as additional internal services
offered ‘à la carte’ for the creation of floor plans and photo
edition and 2) obtaining support for administration, customer
service, marketing and sales, so that photographers can devote all
their time to what they do best and where their interests, which is
photography. Urbanimmersive offers many tools that franchisees will
benefit from including the photography including the ERP platform,
a route optimization system, a fully-automated payroll system,
single property websites, 3D tours, 2D and 3D floor plans and 3D
photography equipment offered at low cost.
“The full range of 3D
solutions that Urbanimmersive can afford to offer photographers is
unmatched. Additionally, the valuable experience gained in running
real estate photography agencies and the accountability and
governance requirements of being a public company make
Urbanimmersive an ideal franchisor. In addition, numerous studies
and discussions with our photographer clients in the past confirm
that the main challenges facing photographers are their
productivity, profitability and work-life balance, which the
franchise program perfectly addresses,” said Ghislain Lemire,
President and CEO of Urbanimmersive.
Urbanimmersive's
extensive network of customers in North America using its 3D
technology solutions or having acquired 3D photography equipment
should provide quick and direct access to a pool of photographers
likely to become franchisees, many of whom have already showed
interest. This newly launched complementary franchise program is
managed with an experienced in-house team which should make it
possible to both secure the Company's existing clientele,
strengthen its brand image and increase its revenues, without any
required investment nor financing need. For more information on the
franchise program:
https://www.urbanimmersive.com/urbanimmersive_franchises_network?lang=eng.
TSX Venture Exchange has not reviewed this press
release and has neither approved nor disapproved the contents of
this press release.
About Urbanimmersive
Urbanimmersive develops and commercializes real
estate photography technologies and services focused on redefining
industry visual content standards. The Company all-in-one
platform enables high-volume photography businesses to increase
operational productivity delivering feature-rich 3D tours and floor
plans, leading-edge property websites and high-resolution
AI-indexed images. The Company operating segments include
software (SaaS), 3D photography equipment and, in a growing number
of North American cities, technology-powered real estate
photography service business units leading the industry
photo-shoots standards transformation. Learn more at
urbanimmersive.com.
Caution of Forward-Looking
Statements
Certain statements in this news release, other
than statements of historical fact, are forward-looking information
that involves various risks and uncertainties. Such statements
relating to, among other things, the prospects for the company to
enhance operating results, are necessarily subject to risks and
uncertainties, some of which are significant in scope and nature.
These uncertainties may cause actual results to differ from
information contained herein. There can be no assurance that such
statements will prove to be accurate. Actual results and future
events could differ materially from those anticipated in such
statements. These and all subsequent written and oral
forward-looking statements are based on the estimates and opinions
of the management on the dates they are made and expressly
qualified in their entirety by this notice. The Company assumes no
obligation to update forward-looking statements should
circumstances or management estimates or opinions change.
For more information, please
contact:
UrbanimmersiveGhislain LemirePresident &
CEO514-394-7820 X 202ghislainlemire@urbanimmersive.com
Simon Bédard, CA, CPA,
CFA, MBAChief Financial Officer514 394-7820
X 224simonbedard@urbanimmersive.com
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