Powerbridge Technologies Enters into Metaverse to Generate a New Product of Smart and Immersive Vacation & Leisure

ZHUHAI, China, Feb. 3, 2022 /PRNewswire/ — Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) (“Powerbridge” or…

ZHUHAI, China, Feb. 3, 2022 /PRNewswire/ — Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) (“Powerbridge” or the “Enterprise”), a company of multi-sector engineering alternatives, is pleased to announce its partnership in between its wholly-owned subsidiary, Powermeta Electronic Co., Ltd. (“Powermeta”) and Beyondvision Cultural Enhancement Co., Ltd. (“Beyondvision”) to jointly create Metafusion Electronic Co., Ltd. (“Metafusion”) with the vision to embrace metaverse into the virtual earth of journey and leisure.

Metafusion will use metaverse and NFT associated technologies to reshape the travel and leisure field providers and elevate shopper experience with immersive electronic spaces. Metafusion will target on smart vacation and leisure site operations, metaverse tourism, metaverse museums and NFT of cultural mental properties.

In addition, Metafusion will leverage on Beyondvision’s huge working experience as well as its customers and associates to bolster wise programs and metaverse technology into the travel and leisure industry. Beyondvision’s accumulated client foundation and means will present Metafusion with an founded foothold in the marketplace to create a variety of metaverse scenes to the shoppers with increased immersive expertise.

Stewart Lor, President of Powerbridge, commented: “As more and more tech giants this sort of as Meta, Microsoft, Disney, Tencent, Baidu and ByteDance are venturing into metaverse, we strongly believe this technological innovation will improve the way we practical experience the planet. With the influence of metaverse and NFT technologies, it will enable revolutionize the journey and leisure field so as to grow our earnings channel. We hope to see that the functioning income of Metafusion will exceed $15 million in just the next two a long time.”

Dr. Evan Liao, President of Metafusion, stated “I look ahead to lead the group at Metafusion as I feel we are properly-positioned to choose advantage of possibilities to utilize sensible apps and metaverse technologies in the vacation and leisure field. The metaverse know-how is a excellent match to boost customer encounter at the travel and leisure internet sites, and NFT is excellent to even further assist our metaverse ecosystem. I belief that my qualifications and abilities will insert major value to the firm.”

Dr. Evan Liao has been appointed as the president of Metafusion. As a veteran of the city arranging and travel and leisure industries, Dr. Evan has more than 20 yrs of practical experience in project arranging and web-site development. Dr. Evan obtained his masters’ and doctoral levels from internationally renowned universities in Taiwan and the United States, and he’s labored with renowned institutions such as the BBC and the Worldwide Tourism Expenditure Affiliation (ITIA) among many others as a expert, lecturer or member.

About Powerbridge Technologies
Powerbridge Systems Co., Ltd. (Nasdaq: PBTS) is a provider of know-how solutions for the global trade business, IoT platform services as nicely as intelligent fixtures and gadgets for smart city operations, source chain platforms and social livestreaming solutions for the retail marketplace, metaverse and sensible alternatives for the vacation and leisure business, as effectively as cryptomining and electronic asset functions. For much more information and facts, pay a visit to www.powerbridge.com/ir/ .

Safe Harbor Assertion
This push launch incorporates ahead-wanting statements as outlined by the Personal Securities Litigation Reform Act of 1995. Ahead-seeking statements include things like statements relating to strategies, goals, aims, methods, potential events or efficiency, and fundamental assumptions and other statements that are other than statements of historical details. When the Company uses words and phrases such as “may well, “will, “intend,” “should really,” “imagine,” “hope,” “foresee,” “venture,” “estimate” or similar expressions that do not relate solely to historical issues, it is creating forward-on the lookout statements especially, the Company’s statements relating to listing on the NASDAQ Capital Market and the IPO are forward-searching statements. Forward-seeking statements are not ensures of potential performance and include dangers and uncertainties that may possibly result in the precise final results to differ materially from the Company’s anticipations reviewed in the forward-wanting statements. These statements are matter to uncertainties and threats such as, but not constrained to, the following: the Company’s objectives and strategies the Firm’s long run business enterprise progress item and support desire and acceptance improvements in technology economic circumstances name and brand name the effect of competitors and pricing govt regulations fluctuations in standard economic and business enterprise circumstances in China and assumptions underlying or connected to any of the foregoing and other dangers contained in studies submitted by the Company with the SEC. For these factors, amid other individuals, traders are cautioned not to put undue reliance upon any ahead-wanting statements in this press release. Further things are talked over in the Firm’s filings with the SEC, which are offered for overview at www.sec.gov. The Organization undertakes no obligation to publicly revise these forward-searching statements to replicate events or situation that occur immediately after the date hereof.

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Source Powerbridge Technologies