D-BOX Renews FIA Licensing Rights, Elevating Motorsport Simulation
MONTRÉAL, D-BOX Technologies Inc. (“D-BOX” or the "Corporation") (TSX: DBO), a leading name in haptic and immersive experiences, is excited to announce the renewal of its licensing rights with The Federation Internationale de l'Automobile (FIA) for another three years. This renewed partnership solidifies D-BOX's position as the sole provider of an officially FIA licensed haptic system available in the market today. The agreement underscores D-BOX's commitment to delivering exceptional immersive haptic technology to sim racers, professional racing teams, training facilities, sim racing centers, and motorsport fans around the world.
As part of this agreement, D-BOX will introduce a variety of FIA Official Licensed Products, developed in collaboration with FIA Clubs and retail partners globally. D-BOX is dedicated to using this partnership to foster the growth of esports, aiming to broaden the sport's appeal and double global participation in motorsports.
Eric Stranne, the FIA Esports Project Manager, shared his enthusiasm for D-BOX's support amidst the growing ambitions for esports worldwide. “We are thrilled to have a renowned brand like D-BOX backing us as we focus on expanding this sector,” he said. “Our aim is to extend the global reach of esports, attracting a larger audience by providing realistic and truly immersive experiences. D-BOX will play a crucial role in inspiring the gaming industry and engaging millions of potential new fans. We look forward to a fruitful collaboration.”
"D-BOX is proud to renew our licensing agreement with the FIA, a respected authority in motorsports," stated Sébastien Mailhot, CEO of D-BOX Technologies. "This exclusive official license for haptic systems emphasizes our commitment to providing advanced motion simulation solutions that not only enhance training and performance but also improve safety and innovation within the motorsport arena."
D-BOX Technologies Inc. is at the forefront of immersive haptic technology, offering a unique experience in sim racing. The renewal of its licensing rights with the FIA further cements D-BOX's reputation as an innovator and leader in the haptic technology field.
About FIA
The Fédération Internationale de l'Automobile (FIA) is the governing body for world motorsport, representing the leading mobility and motorsport organizations globally. Founded in 1904, with its headquarters in Paris and Geneva, the FIA operates as a non-profit organization. It unites 243 Member Organizations from 146 countries across five continents and advocates for over 80 million road users and their families. The FIA is committed to promoting safe, sustainable, and accessible mobility for all road users worldwide.
About D-BOX
D-BOX transforms the landscape of realistic and immersive experiences by employing motion, vibration, and texture effects to engage the body and spark the imagination. The company has partnered with top-tier organizations worldwide to develop innovative methods that enhance storytelling. Their contributions extend across various sectors, including films, video games, music, relaxation, virtual reality, metaverse experiences, themed entertainment, and professional simulation. D-BOX Technologies Inc. (TSX: DBO) is based in Montreal, with additional offices in Los Angeles, USA, and Beijing, China.
Contact Information
D-BOX TECHNOLOGIES INC.
MBC Capital Markets Advisors
Trevor Heisler
+1 416-500-8061
investors@d-box.com
Frequently Asked Questions
1. What is the significance of D-BOX renewing its FIA licensing rights?
The renewal reaffirms D-BOX's exclusive position as the only officially FIA licensed haptic system provider, enhancing its offerings in the motorsports and esports sectors.
2. How does the partnership with FIA impact sim racers and enthusiasts?
This partnership allows D-BOX to create a range of official licensed products that will enhance the immersive experience for sim racers and provide advanced technology for training.
3. Who is Eric Stranne and what did he say about the partnership?
Eric Stranne is the FIA Esports Project Manager who expressed excitement about D-BOX's support and its role in expanding the global reach of esports and attracting new audiences.
4. What does D-BOX's technology aim to deliver?
D-BOX's immersive haptic technology aims to create realistic experiences through motion and vibration, enhancing the overall appeal and engagement in various applications including racing simulations.
5. Where is D-BOX headquartered and where are its other offices located?
D-BOX Technologies Inc. is headquartered in Montreal, with additional offices in Los Angeles, USA, and Beijing, China, showcasing its global presence in immersive technology.
