IN BRIEF: Engage XR shares up on metaverse platform ENGAGE Link launch

Engage XR Holdings PLC – Waterford City, Ireland-based virtual communications solutions – Launches ENGAGE Link, a new metaverse product, which completes the firm’s transformation into a metaverse technology company. Says ENGAGE Link is a metaverse platform designed to allow its customers to use the metaverse in order to create their own virtual worlds so as to provide services directly to their own clients.

Chief Executive Officer David Whelan says: “We are now a leading metaverse technology company that can help make the metaverse strategies of leading global organisations a reality. While other metaverses have focused on the social, advertising and entertainment opportunities, we have focused on creating a platform that will allow companies to better engage with their employees, customers, and suppliers around the world, and educational institutions to engage with their students.”

Engage XR adds that Engage Links is expected to be used extensively for private events, education, and training.

Current stock price: 15.10 pence, up 6.0% on Monday in London

12-month change: down 23%

By Xindi Wei; xindiwei@alliancenews.com