TUGA Launches Interactive Digital Advertising Instruments

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-Firm steps into the metaverse with practical advertising

VANCOUVER, British Columbia and LISBON, Portugal, Sept. 27, 2022 (GLOBE NEWSWIRE) — TUGA Improvements, Inc. (CSE: TUGA) (FRA: DQ5) (OTC: TUGAF) (“TUGA Improvements”, or the “Firm”), which is growing options for city mobility challenges with the TUGA, a brand new kind of electrical car (“EV”), is happy to announce it has made the leap throughout the digital divide from city mobility into the metaverse by way of the efforts of its in-house digital advertising staff.

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The founders of TUGA Improvements have built-in the magic of augmented actuality (“AR”) and digital actuality (“VR”) by way of the facility of synthetic intelligence right into a sensible software for experiential product advertising. With the rising curiosity within the metaverse, the Firm’s advertising efforts will provide an end-user expertise by way of a digitally enhanced journey of its lineup of all-electric city mobility automobiles as a necessary built-in element to the gross sales and advertising course of.

TUGA Improvements VR and AR promotional instruments will quickly be accessible within the Quest retailer for VR goggles, and as an AR App accessible by way of the Apple IOS retailer and Google Play retailer.

Edmundo Nobre, Digital Director at TUGA Improvements states, “We’ve been capable of develop AR and VR instruments because of the experience of our Companion Aromni. We’re delivering TUGA digital instruments in order that the general public can expertise our automobiles earlier than our automobiles are launched.”

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The VR promotional software presents the general public distinctive methods to expertise the TUGA car platform options, together with the operations of the progressive cover, expandable chassis, retracting rear axle, and onboard electronics, that are demonstrated when utilizing Quest VR goggles. All TUGA fashions in improvement will likely be accessible for viewing, together with the Thunder, Falcon, Commuter, Ship, Cargo, and Pickup configurations by way of on-line entry on the Quest Retailer. Salespersons, sellers, and potential prospects can discover the car in-depth whereas concurrently projecting the Quest goggle imagery onto a display for show functions.

The AR promotional software has related performance however is out there as a downloadable utility on sensible telephones and pill units. Gross sales and advertising representatives together with potential prospects can simply visualize any of the TUGA fashions geolocated withing their very own metropolis and may embody associates or household having fun with a journey that includes the fashionable Thunder and Falcon interiors. The expertise demonstrates the numerous options and advantages solely developed by TUGA by way of intensive real-time AR scenes of the car in motion.

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Cesar Barbosa, VP and Co-Founding father of TUGA Improvements provides, “Topic to remaining testing, our car improvement staff is scheduled to launch our totally engineered business prototype in This fall of 2022 or Q1 of 2023. Our VR and AR promotional instruments are designed to exhibit our digital experience and to launch our promotional efforts in earnest. We imagine a contemporary car wants a contemporary and immersive advertising effort that really demonstrates what we’ve created. We expect that is an thrilling strategy and sit up for constructing curiosity with our VR and AR promotional instruments.”

The digital staff brings substantial information, experience, and entry to a broad business community concerned in metaverse improvement. The staff members are pioneers within the digital innovation area as holders of a number of particular person and joint expertise patents and as undertaking designer/implementors for a number of Fortune 500 corporations.

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The TUGA totally electrical fore-and-aft 2-seat car goals to handle the numerous challenges confronted when driving in, between, and round city centres and metropolitan areas. The car is not any wider than a bike for agility and boasts a patent pending increasing rear axle for stability at increased speeds and a patent-pending increasing size car chassis system providing a novel backwards motion of the rear a part of the car to allow improved passenger and/or cargo entry. The TUGA platform is being designed to supply a number of physique types initially recognized because the TUGA Commuter, TUGA Ship and TUGA One ideas.

Firm CEO John Hagie notes, “These progressive instruments place us on the convergence of the metaverse and on-line advertising. At present, we plan to begin with a set of promotional instruments and tomorrow we hope to develop on-line suggestions and curiosity from metaverse customers that will even help within the creation of future car parts, options, and advantages. What higher approach to organically develop than by having the end-users built-in into the method? Digital performance is in our DNA, and we purpose to determine and consolidate our management place within the digital area as a part of our ongoing dedication to worth creation.”

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On behalf of the Board of Administrators,
Sincerely,

~John Hagie~

John Hagie
Chief Govt Officer & Director
TUGA Improvements, Inc.

As a part of the Firm’s disclosure obligations as a public issuer, ongoing monetary and materials filings may be discovered beneath the Firm’s profile on the System for Digital Doc Evaluation and Retrieval (SEDAR) at www.sedar.com. We invite the general public to go to our web site at www.tugainnovations.com and to enroll to our “information alerts” to be suggested of future information and occasions. Please watch our video which is now accessible on the web site, and comply with us on Instagram, Twitter, and LinkedIn.

About TUGA Improvements, Inc. (CSE: TUGA) (FRA: DQ5) (OTC: TUGAF)

TUGA Improvements is a development-stage electrical car firm endeavor the conception, design, and manufacturing of specialised EVs to enhance the city mobility expertise. The Firm is seeking to scale back city mobility difficulties by growing a household of three-wheeled, totally electrical fore-and-aft 2-seat automobiles. The car is not any wider than a bike for agility and presents a patent pending increasing rear axle for high-speed stability together with a patent pending expandable chassis designed for passenger consolation. The car will provide superior connectivity expertise to maximise security, efficiency, environmental impression, consolation, upkeep, and navigation. The TUGA car is being designed to ship an estimated 160 km vary, have an estimated high velocity of 140km/hour with the comforts of a automotive, and with extra safety than a bike in an interchangeable multi-body, multi-function platform. Discover out extra at: https://tugainnovations.com/, watch our video, and comply with us on Instagram, Twitter, and LinkedIn.

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For additional data, please contact:

TUGA Investor Relations
Tel: +1 415.799.7911
Electronic mail: [email protected]

Ahead-Wanting Assertion

This information launch incorporates statements and data that, to the extent that they aren’t historic reality, might represent “forward-looking data” throughout the that means of relevant securities laws. Ahead-looking data might embody monetary and different projections, in addition to statements concerning future plans, targets, or financial efficiency, or the idea underlying any of the foregoing. In some circumstances, forward-looking statements may be recognized by phrases equivalent to “purpose”, “goals to”, “aiming to” “might”, “would”, “may”, “will”, “will likely be” “probably”, “anticipated”, “anticipated”, “imagine”, “intend”, “plan”, “forecast”, “undertaking”, “estimate”, “outlook”, “hope”, “the potential to”, “look ahead” or the damaging thereof or different related expressions regarding issues that aren’t historic info. Examples of such statements embody, however are usually not restricted to, statements with respect to the Firm’s product improvement efforts, the Firm’s advertising efforts providing an end-user expertise by way of its lineup of all-electric city mobility automobiles; TUGA Improvements VR and AR promotional instruments being accessible quickly within the Quest retailer, Apple IOS retailer, and Google Play retailer; the Firm launching its automobiles; all TUGA fashions in improvement being accessible for viewing, together with the Thunder, Falcon, Commuter, Ship, Cargo, and Pickup configurations by way of on-line entry on the Quest Retailer; the Firm launching its totally engineered business prototype in This fall of 2022 or Q1 of 2023; the Firm constructing curiosity with promotional instruments; the Firm growing on-line suggestions and curiosity from metaverse customers to assist within the creation of future car parts, options, and advantages; the Firm establishing and consolidating its management place within the digital area as a part of its ongoing dedication to worth creation; the Firm providing an progressive, high-end, high-quality strategy to city mobility considerations; the Firm addressing challenges confronted when driving in, between, and round city centres and metropolitan areas; the Firm dedicating automobiles aimed on the supply service phase; the Firm providing a uniquely-tailored answer within the quickly altering automotive sector; and the Firm’s commercialization of its automotive ideas, together with the width of the car, the expanded rear axle characteristic of the car, a number of physique types for the car, the increasing size car chassis system of the car, the superior connectivity options of the car and their anticipated advantages, the km vary and high velocity of the car, and the safety and platform provided by the car.

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Ahead-looking data relies on the assumptions, estimates, evaluation, and opinions of administration made in mild of its expertise and its notion of traits, present circumstances and anticipated developments, in addition to different elements that administration believes to be related and cheap within the circumstances on the date that such statements are made, however which can show to be incorrect. The fabric elements and assumptions used to develop the forward-looking data contained on this information launch embody, however are usually not restricted to, key personnel and certified workers persevering with their involvement with the Firm; the Firm’s skill to safe further financing on cheap phrases; the aggressive circumstances of the industries through which the Firm operates; and legal guidelines and any amendments thereto relevant to the Firm.

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