ACCESS Newswire
16 Mar 2023, 23:38 GMT+10
HOUSTON, TX / ACCESSWIRE / March 16, 2023 / Maxx Technologies, Inc. (OTC PINK:AMXX), parent of Maxx Sports TV, has signed a joint development agreement with Richard C.M. Mauran to create the first omnidirectional immersion theater projection software and omnidirectional immersion movie camera software.
Mauran is scion of the billionaire Mauran Family, who founded several of Canada's most well-known companies: Swiss Chalet, Harveys, Elizabeth Arden Cosmetics, Industrial Funds, and Mackenzie Financial.
Mauran and Maxx have created a new joint development company, Maxx Immersive, LLC, whose mandate is to change the way that movies are both created and consumed.
Mauran is quoted as saying,
'Initially we tried to buy a European immersion technology company based in Berlin. We asked Maxx to do due diligence on our behalf. When the European immersion technology and company proved to be less than ideal, we invited Maxx to use their proprietary multi-stream video technology to create what we believe needs to be done to change the premium movie experience. Mark Welton, President of IMAX is on the Advisory Board of Maxx, and Mark has indicated that IMAX views immersive movie theaters as one of the premium movie experiences that will bring consumers into multiplex theaters in a post-pandemic world.'
Maxx Immersive has hired engineers from the US, Europe, and Asia. Maxx is constructing the first omnidirectional movie theater in Houston Texas and expects to test omnidirectional projection software in late 2023. Maxx Immersive is also studying the creation of the first omnidirectional live-action movie, with Leonardo da Vinci, as the subject of the film.
Maxx Immersive has recently filed a series of both International and US patents and expects to be the market leader in omnidirectional immersion technology.
For further information or comment from Richard C.M. Mauran, please contact. Investor Relations: Roberta Rossi at [email protected]
Maxx Technologies, Inc., 1401 Lake Plaza Dr. Ste. 200, Spring TX, 77389 USA
+1 (281) 801-8080
www.maxxsports.tv | www.maxximmersive.com | www.maxxcomputers.com
SOURCE: Maxx Technologies, Inc.
Get a daily dose of Toronto Telegraph news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Toronto Telegraph.
More InformationBASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...
NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...
LONDON, U.K.: Physically backed gold exchange-traded funds recorded their most significant semi-annual inflow since the first half...
AMSTERDAM, Netherlands: Some 32 percent of global semiconductor production could face climate change-related copper supply disruptions...
NEW YORK, New York - U.S. stocks rebounded Tuesday with all the major indices gaining ground. Markets in the UK, Europe and Canada...
NEW YORK CITY, New York: Financial markets kicked off the week on a cautious note as President Donald Trump rolled out a fresh round...
OTTAWA, Canada: With Canada Post struggling to maintain operations amid labour unrest, rivals like FedEx and UPS are stepping in to...
(Photo credit: Matt Marton-Imagn Images) Pete Crow-Armstrong enters his first trip to Yankee Stadium as a member of the 25-25 club...
Surrey [Canada], July 11 (ANI): Comedian and actor Kapil Sharma's 'Kap's Cafe' in Canada has shared their response against the firing...
(Photo credit: Kamil Krzaczynski-Imagn Images) Kyle Manzardo was slated to bat cleanup and play first base for the Cleveland Guardians...
New Delhi [India], July 11 (ANI): Indian stock markets opened under pressure on Friday as continued tariff tensions led by US President...
(Photo credit: Simon Fearn-Imagn Images) The Vancouver Whitecaps and Colorado Rapids will set out to reverse some recent poor form...