The Glimpse Group Launches Enterprise Focused Virtual NFT and Crypto VR & AR Software Product Development Effort

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NEW YORK, NY / ACCESSWIRE / August 31, 2021 / The Glimpse Group, Inc. (NASDAQ:VRAR) ("Glimpse" or the "Company"), a diversified Virtual Reality and Augmented Reality ("VR" and "AR") platform company providing enterprise-focused VR and AR software & services solutions today announced an internal initiative focused on utilizing the robust technologies, software products and services of its subsidiary companies towards a new Enterprise focused vertical - the emerging Non-Fungible Token ("NFT") and Crypto segments.

As a natural extension of its existing software products, Glimpse is launching VR and AR software and services specifically targeting the Crypto/NFT industry segments, including, a high-end multi-user VR art gallery space, an AR based NFT display system and services for the creation of super high resolution NFT assets.

DJ Smith, Glimpse's Chief Creative Officer commented: "The topic of cryptocurrency has been discussed for several years and, more recently, the closely related concept of NFTs has emerged. NFTs are digital "one of a kind" assets that use the blockchain to certify ownership and could potentially become key assets over time via the utilization of VR and AR technologies. While still in their infancy, Glimpse is excited to support the growth of NFT and Crypto industries with new, and potentially enabling, AR and VR based Enterprise focused visualization tools."

About The Glimpse Group, Inc.

The Glimpse Group (NASDAQ:VRAR) is a diversified Virtual and Augmented Reality platform company, comprised of multiple VR and AR software & services companies, and designed with the specific purpose

of cultivating companies in the emerging VR/AR industry. Glimpse's unique business model simplifies challenges faced by VR/AR companies and creates a robust ecosystem, while simultaneously providing investors an opportunity to invest directly into the emerging VR/AR industry via a diversified platform. For more information on The Glimpse Group, please visit www.theglimpsegroup.com

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