ZHUHAI, China, Feb. 3, 2022 /PRNewswire/ — Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) (“Powerbridge” or the “Enterprise”), a provider of multi-industry technologies options, is pleased to announce its partnership between its wholly-owned subsidiary, Powermeta Digital Co., Ltd. (“Powermeta”) and Beyondvision Cultural Development Co., Ltd. (“Beyondvision”) to jointly create Metafusion Digital Co., Ltd. (“Metafusion”) with the eyesight to embrace metaverse into the virtual world of travel and leisure.
Metafusion will use metaverse and NFT connected systems to reshape the vacation and leisure business companies and elevate customer experience with immersive digital areas. Metafusion will emphasis on intelligent travel and leisure web site operations, metaverse tourism, metaverse museums and NFT of cultural mental properties.
In addition, Metafusion will leverage on Beyondvision’s huge working experience as effectively as its buyers and companions to bolster sensible applications and metaverse know-how into the travel and leisure marketplace. Beyondvision’s accrued consumer foundation and methods will offer Metafusion with an set up foothold in the market to create different metaverse scenes to the buyers with improved immersive experience.
Stewart Lor, President of Powerbridge, commented: “As extra and more tech giants this kind of as Meta, Microsoft, Disney, Tencent, Baidu and ByteDance are venturing into metaverse, we strongly feel this know-how will transform the way we working experience the world. With the influence of metaverse and NFT technologies, it will assistance revolutionize the journey and leisure marketplace so as to grow our income channel. We hope to see that the running cash flow of Metafusion will exceed $15 million within just the future two yrs.”
Dr. Evan Liao, President of Metafusion, said “I glance forward to guide the staff at Metafusion as I think we are well-positioned to get benefit of chances to apply wise purposes and metaverse technological innovation in the journey and leisure business. The metaverse technological innovation is a best match to greatly enhance client knowledge at the travel and leisure internet sites, and NFT is great to even further guidance our metaverse ecosystem. I trust that my history and know-how will add major price to the corporation.”
Dr. Evan Liao has been appointed as the president of Metafusion. As a veteran of the city setting up and vacation and leisure industries, Dr. Evan has around 20 a long time of expertise in venture scheduling and web site enhancement. Dr. Evan attained his masters’ and doctoral levels from internationally renowned universities in Taiwan and the United States, and he is worked with renowned institutions such as the BBC and the International Tourism Expenditure Association (ITIA) between others as a expert, lecturer or member.
About Powerbridge Technologies
Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) is a company of technological innovation solutions for the international trade marketplace, IoT platform companies as perfectly as clever fixtures and gadgets for clever city operations, source chain platforms and social livestreaming solutions for the retail field, metaverse and sensible options for the vacation and leisure business, as nicely as cryptomining and electronic asset functions. For a lot more details, visit www.powerbridge.com/ir/ .
Protected Harbor Statement
This push release includes ahead-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Ahead-searching statements involve statements about designs, aims, targets, methods, foreseeable future functions or functionality, and fundamental assumptions and other statements that are other than statements of historical information. When the Company uses words these types of as “might, “will, “intend,” “should really,” “believe,” “assume,” “foresee,” “venture,” “estimate” or very similar expressions that do not relate only to historical matters, it is producing forward-searching statements precisely, the Company’s statements regarding listing on the NASDAQ Cash Current market and the IPO are ahead-wanting statements. Forward-on the lookout statements are not assures of long term performance and entail risks and uncertainties that may trigger the true benefits to vary materially from the Company’s anticipations mentioned in the forward-searching statements. These statements are subject matter to uncertainties and challenges together with, but not restricted to, the next: the Company’s goals and techniques the Firm’s long term enterprise advancement products and provider demand from customers and acceptance modifications in know-how financial ailments name and model the effects of competitors and pricing authorities restrictions fluctuations in normal economic and business circumstances in China and assumptions underlying or related to any of the foregoing and other challenges contained in reports submitted by the Company with the SEC. For these factors, between others, investors are cautioned not to area undue reliance upon any ahead-wanting statements in this push launch. Extra elements are mentioned in the Company’s filings with the SEC, which are available for overview at www.sec.gov. The Enterprise undertakes no obligation to publicly revise these forward-wanting statements to mirror situations or circumstances that crop up after the day hereof.
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