Sacramento Kings and Imagination Park Technologies Announce Partnership to Deliver AR Engagements to Fans

-- Interactive Augmented Reality (AR) Features in Kings App to Include In-Arena Photos with Digital Players, Giveaways and More Starting in Early 2020

VANCOUVER, Nov. 19, 2019 /PRNewswire/ - Imagination Park Technologies Inc. (CSE: IP) (OTC: IPNFF) (the "Company"), in partnership with the Sacramento Kings, today announced plans to integrate the new ImagineAR™ SDK/API in the award-winning Sacramento Kings + Golden 1 Center app to deliver augmented reality (AR) engagement opportunities during home games for fans and guests.

"We are excited to work with the innovative team at Imagination Park Technologies to make the latest AR technology available to our fans and provide new ways for them to interact with the team," said Chief Technology Officer Ryan Montoya of the Sacramento Kings. 

"We are honored to be working with the Sacramento Kings, a team that truly understands the importance of using augmented reality and innovative technology to improve the sports world," said Imagination Park Technologies CEO Alen Paul Silverrstieen. "With the ImagineAR™ Self Service Platform, the Kings will have the most advanced AR features and functions available to lead to more fan engagement and activations."

Starting in early 2020, fans will have many opportunities to interact with AR through the Sacramento Kings + Golden 1 Center app, including AR scavenger hunts, in-arena photo opportunities with digital players, sweepstakes, giveaways, interactive sponsorship campaigns and more.

This partnership represents another first in the team's efforts to pave the way for technology innovation in sports. In 2014, the Kings became the first NBA team to accept Bitcoin as payment in the arena. Last year, the Kings became the first professional sports team in the world to mine cryptocurrency and announced a charitable program, MiningForGood, that donates those funds to workforce development and training efforts in the community. Last month, the Kings announced the NBA's first blockchain-powered reward program in collaboration with Blockparty – an enhancement to the NBA's first predictive gaming application, "Call the Shot," now in place for the 2019-20 season. Recently, Golden 1 Center opened the doors to the world's first sports arena to feature a checkout-free convenience store through its partnership with Zippin.

The Kings are also industry leaders in predictive gaming. Earlier this year, the Kings debuted the NBA's first dedicated space for a free-to-play, in-arena predictive gaming experience. The Kings have been named the "most innovative company in sports" by Fast Company and the "Most Tech Savvy Team of 2016" by Sport Techie, in addition to being the recipient of Sports Business Journal's 2017 "Facility of the Year."

For more information, visit Kings.com.

About Imagination Park Technologies
Imagination Park Technologies Inc. (CSE: IP) (OTC: IPNFF) has developed ImagineAR.com; an "AR-as-a-Service" platform for desktops that enables businesses of any size to create and implement their own AR campaigns with no programming or technology experience. Every organization, from professional sports franchises to small retailers, can develop interactive AR campaigns that blend the real and digital worlds using ImagineARTM. Customers simply point their mobile device at logos, signs, buildings, products, landmarks and more to instantly engage videos, information, advertisements, coupons, 3D holograms and any interactive content all hosted in the cloud and managed using a menu-driven portal. Integrated real-time analytics means that all customer interaction is tracked and measured in real-time. The ImagineAR.com mobile app is available in the IOS and Android mobile app stores.

For more information or to explore working with Imagination Park, please email [email protected], or visit www.imaginationpark.com.

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The Canadian Securities Exchange has neither approved nor disapproved the contents of this press release. This press release may include 'forward-looking information' within the meaning of Canadian securities legislation, concerning the business of the Company. The forward looking information is based on certain key expectations and assumptions made by Imagination Park's management. Although Imagination Park believes that the expectations and assumptions on which such forward- looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Imagination Park can give no assurance that it will prove to be correct. These forward-looking statements are made as of the date of this press release, and Imagination Park disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

SOURCE Imagination Park Technologies Inc.

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