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VECTION TECHNOLOGIES UNVEILS ACQUISITION TO LEAD FASHION & RETAIL XR REVOLUTION

PERTH, Australia, June 7, 2023 /PRNewswire/ Vection Technologies Ltd(ASX:VR1, OTC:VCTNY), the INTEGRATEDXRcompany, is pleased to announce the acquisition of Invrsion, a prominent 3D and mixed reality technology company specializing in fashion, retail, consumer goods, and real estate sectors. This strategic acquisition enhances Vection Technologies' position as a leader in the integrated -extended reality (XR) technology space, providing customers with innovative XR solutions and unlocking new organic growth opportunities. Gianmarco Biagi, managing director of Vection Technologies, stated, "By acquiring Invrsion, we are not only adding cutting-edge technology to our portfolio but also gaining a talented team that will contribute to our organic growth. This acquisition aligns with our vision of staying at the forefront of innovation and solidifying our position as a leader in the industry." The acquisition of Invrsion enables Vection Technologies to integrate Invrsion' ....

Western Australia , Ralph Lauren , Matteo Esposito , Gianmarco Biagi , Prnewswire Vection Technologies Ltd , Coca Cola , Australian Securities Exchange , Technologies Ltd , Vection Technologie , Vection Technologies , Une 7 , 023 Prnewswire Vection Technologies Ltd Asx Vr1 , Tc Vctny , He Integratedxrcompany , S Pleased To Announce The Acquisition Of Invrsion , A Prominent 3d And Mixed Reality Technology Company Specializing In Fashion , Consumer Goods , Nd Real Estate Sectors This Strategic Acquisition Enhances Vection Technologies 39 Position Asa Leader In The Integrated Extended Reality Xr Technology Space , Roviding Customers With Innovative Xr Solutions And Unlocking New Organic Growth Opportunities Gianmarco Biagi , Anaging Director Of Vection Technologies , Uot By Acquiring Invrsion , E Are Not Only Adding Cutting Edge Technology To Our Portfolio But Also Gaininga Talented Team That Will Contribute Organic Growth This Acquisition Aligns With Vision Of Staying At The Forefront Innovation And Solidifying Position Asa Leader In Industry Quot Invrsion Enables Vection Technologies Integrate 39s Within Integratedxrsuite , Elivering Remarkable Advantages To Customers And Providing Them With Cutting Edge Capabilities This Unlocks New Customer Opportunities , Nhances Their Experience , Nd Drives Organic Growth For The Combined Group Matteo Esposito , Eo Of Invrsion ,