MIAMI BEACH, Fla., Aug. 5, 2015 /PRNewswire/ -- Next Galaxy Corp. (NXGA), a leading developer of innovative content solutions and fully immersive consumer virtual reality ("VR") technology, today announced the execution of a partnership agreement with VR HealthNet to deploy virtual reality training solutions into the healthcare industry. VR HealthNet specializes in developing training solutions targeting long-term care facilities and other healthcare end markets.
"We are excited to deploy virtual reality into the growing healthcare industry," said Next Galaxy Corp. President Mary Spio. "As evidenced by our agreement with Miami Children's Hospital, we have developed a strong expertise in applying the principles of virtual reality to augment the training of healthcare professionals in order to improve patient outcomes and reduce cost. This agreement with VR HealthNet will help accelerate those initiatives over the coming quarters."
Under the terms of the agreement, the partners will collaborate in the development of the training modules and Next Galaxy will provide access to its online platform for distribution to VR HealthNet's clients. CEEK, the Next Galaxy distribution platform will provide analytics, online payment system and all the management features necessary.
"Next Galaxy has become a pioneer and leader in the emerging virtual reality space. Its device agnostic platform enabling our client to use practically any VR Headset or Mobile Phone will represent a huge advantage," said VR HealthNet CEO and Founder Dr. Suresh Nellore. "We are excited to be working with the team to lead the way in healthcare training. We look forward to initially deploy our virtual reality solutions at long-term care facilities and offer a solution to the costly training problem, at the same time greatly improve the quality of care"
According to the Cone of Learning from Edgar Dale, after two weeks, the human brain tends to remember 10% of what it reads, 20% of what it hears, and 90% of what it does. Virtual Reality enables users to perform "hands on" procedures in a safe and controlled setting with a virtual patient. With many facilities spending upwards of $2,000 per employee on training, virtual reality training can help reduce cost by more than half and greatly improve learning outcomes.
About Next Galaxy Corp:
Next Galaxy Corporation is a leading developer of innovative content solutions and fully Immersive Consumer Virtual Reality technology. The Company's flagship consumer product in development is CEEK, a next-generation fully immersive entertainment and educational social virtual reality platform featuring a combination of live action and 3D experiences. Next Galaxy's CEEK simulates the communal experience of attending events, such as concerts, sporting events, movies or conferences through Virtual Reality. Next Galaxy is developing entertainment and educational experiences for VR Cinema, VR Concerts, VR Sports, VR Business, VR Tourism and more. In short, Next Galaxy is building the meeting places of the future. For further information, visit www.nextgalaxycorp.com.
This press release contains forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are only predictions and involve risks, uncertainties and assumptions that could cause Next Galaxy's actual results to differ materially from anticipated results and expectations expressed in these forward looking statements. Any forward-looking statements are subject to risks and uncertainties such as those described in Next Galaxy's periodic reports on file with the Securities and Exchange Commission.
Next Galaxy Corp.
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