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Varjo Announces Shipment of Alpha Prototypes And First Public Demonstration of Human Eye-Resolution VR/XR Bionic Display at Slush 2017

First Development Partners Include 20th Century Fox, Airbus, Audi, BMW, Technicolor and Volkswagen.

November 30, 2017 – Slush 2017, Helsinki – Varjo™ (“shadow” in Finnish, pronounced “Var-yo”) Technologies today brought unprecedented levels of Virtual Reality and Mixed Reality (VR/XR) realism a step closer for professional markets through its new development partner program. The company’s first public technology demonstration occurred at one of the world’s leading startup events – Slush.

Global brands including 20th Century Fox®, Airbus, Audi®, BMW®, Technicolor® and Volkswagen® will now be collaborating with Varjo to optimize the company’s human-eye resolution VR/XR Bionic Display for their respective business sectors.

The company’s recent $8.2m Series A round, led by EQT Ventures (with new, additional funding of $6.7m from Tekes, the Finnish funding agency for innovation) has enabled Varjo to begin the early access program for its partners as well as ramp up R&D capabilities.

Varjo will start shipping Alpha Prototypes to its first technology partners before the end of the year. Beta Prototypes will begin shipping to existing and new partners in the design, engineering, simulation and entertainment sectors during Q1 2018, allowing the next wave of VR/XR innovators to join the ‘Resolution Revolution’. The partners will provide feedback on product experience, features and usability, and combine their industry insights and expertise with Varjo’s product development.

Varjo is working closely with both of the industry’s leading graphics chip manufacturers – NVIDIA® and AMD® – to provide the best possible VR/XR experience for its partners. Varjo prototypes are also shipped with both Unreal® and Unity® plugins to enable content creation on all major platforms.

Unveiling its Bionic Display technology capable of human-eye resolution and vision of its future headset (www.varjo.com) at Slush, Varjo has gone from idea to functional prototype in just 15 months of operation. The company is on-target to launch its first commercial headset in 2018.

“I’m incredibly proud of the team that took a proof of concept into a custom-built technology prototype in just a few short months,” said Urho Konttori, CEO and founder of Varjo Technologies. “Together with our world-leading partners, we are now perfecting the technology and plan to launch a profoundly revolutionary VR/XR headset by the end of 2018.”

About Varjo

Varjo Technologies Oy is based in Helsinki and is creating the world’s best hardware and software for groundbreaking VR/AR/XR computing devices, merging the real and digital worlds seamlessly together.

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