XIAMEN, China, Feb. 18, 2021 /PRNewswire/ -- Blue Hat
Interactive Entertainment Technology ("Blue Hat" or the "Company")
(NASDAQ: BHAT), a leading producer, developer and operator of
augmented reality ("AR") interactive entertainment games, toys and
educational materials in China,
today announced that the Company has signed a three-year agreement
with Zhong Ya (Shenzhen) International Education Investment
Co., Ltd. ("Zhong Ya") whereby Blue
Hat will provide its Augmented Reality Immersive Classes ("ARIC")
to Zhong Ya's 680 kindergartens
located in Guangdong Province.
In accordance with this agreement, Blue Hat will also develop
for Zhong Ya an overall kindergarten
curriculum and technology platform with a focus on STEAM (Science,
Technology, Engineering, Art and Mathematics), taking into account
social and emotional development, communication and language
development, and physical development. Zhong Ya will focus its attention on management
of the kindergarten schools and teacher evaluations. In addition to
strengthening its education platform and curriculum, this
partnership will enable Blue Hat and Zhong
Ya to elevate the organization's teacher training level and
enrich teaching resources.
Xiaodong Chen, CEO of Blue Hat
stated, "We are pleased to begin this partnership with Zhong Ya and look forward to working closely
with them on integrating our digital solutions with a new
STEAM-focused curriculum for their young students. We are
excited to share our innovative education tools with Zhong Ya teachers as the success of the new
platform and curriculum largely hinge upon properly training
teachers in using these resources when educating students. We
believe this partnership is yet another testament to the
effectiveness of our interactive educational technology and we have
begun the rollout of Blue Hat's ARIC to these 680 kindergartens
since the beginning of 2021. As a result of this rollout, we expect
to see a substantial increase in our revenues from interactive
education in 2021."
Mr. Chen concluded, "This is a continuation of our interactive
education expansion in the Guangdong-Hong Kong-Macao Greater
Bay Area. We are focused on leveraging our expertise and
intellectual property in all forms of interactive entertainment and
education."
About Blue Hat
Blue Hat Interactive Entertainment Technology is a producer,
developer and operator of AR interactive entertainment games and
toys in China, including
interactive educational materials, mobile games, and toys with
mobile game features. The Company's interactive entertainment
platform creates unique user experiences by connecting physical
items to mobile devices, which creates a rich visual and
interactive environment for users through the integration of real
objects and virtual scenery. Distinguished by its own proprietary
technology, Blue Hat aims to create an engaging, interactive and
immersive community for its users. For more information, please
visit the Company's investor relations website
at http://ir.bluehatgroup.com. The Company routinely provides
important information on its website.
About Zhong Ya
Zhong Ya (Shenzhen) International Education Investment
Co., Ltd. is a well-known international preschool education
institution, which has kindergartens, preschool talents exchange
and training centers and curriculum development centers. Currently,
the cooperation between Blue Hat and Zhong
Ya has been established among 680 kindergartens and 27
colleges/universities.
Forward-Looking Statements
This release contains forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended
and Section 21E of the Securities Exchange Act of 1934, as amended.
All forward-looking statements are inherently uncertain as they are
based on current expectations and assumptions concerning future
events or future performance of the Company. Readers are cautioned
not to place undue reliance on these forward-looking statements,
which are only predictions and speak only as of the date hereof. In
evaluating such statements, prospective investors should review
carefully various risks and uncertainties identified in this
release and matters set in the Company's SEC filings. These risks
and uncertainties could cause the Company's actual results to
differ materially from those indicated in the forward-looking
statements.
Contacts:
Blue Hat Interactive Entertainment Technology
Phone: +86 (592) 228-0010
Email: ir@bluehatgroup.net
Investor Relations:
The Equity Group Inc.
Adam Prior, Senior Vice
President
(212) 836-9606
aprior@equityny.com
In China
Lucy Ma, Associate
+86 10 5661 7012
lma@equityny.com
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SOURCE Blue Hat Interactive Entertainment Technology