Urbanimmersive Appoints Jean-François Grou as New Director

LAVAL, Québec, Dec. 11, 2017 (GLOBE NEWSWIRE) -- Urbanimmersive Inc. ("UI", "Urbanimmersive" or the "Company") (TSX VENTURE:UI.V), the real estate content marketing platform, is pleased to announce, subject to the approval of the TSX-V, the appointment of Jean-François Grou as new director of the Company. Mr. Grou will also act as a strategic consultant to Urbanimmersive's management team, effective immediately.

Mr. Grou has more than 25 years of experience in leading international companies in the technology sector with an impressive proven track record. Prior to joining Urbanimmersive, Mr. Grou acted as President and Chief Operating Officer (COO) of Rideau Recognition Inc., a Canadian technology company with nearly 250 employees having offices in Canada and in the US. Before this role, Mr. Grou was CEO and director of 20-20 Technologies Inc., a Québec technology company previously listed on the TSX with nearly 550 employees located in 13 different offices worldwide. During his tenure, Mr. Grou developed and executed a business strategy that increased the company's annual revenue from $11M to more than $70M until its acquisition by a private equity firm in 2012.

"I am pleased to be joining the board of directors of Urbanimmersive and take a consultative role as well to assist the management team," stated Jean-François Grou. "Urbanimmersive has a very exciting technology platform and I look forward to contributing my expertise and experience to bring it to the next stages," added M. Grou. 

"It's an honour and a pleasure to welcome Mr. Grou to Urbanimmersive's board of directors and as a consultant," stated Ghislain Lemire, CEO of Urbanimmersive. "Having access to the experience of Mr. Grou couldn't be more timely for our team to face the next phase of our story," added Ghislain Lemire.

About Urbanimmersive

Urbanimmersive is a content marketing marketplace for real estate professionals. The Company connects real estate professionals, photographers and writers in order to simplify and optimize original content production workflow. Urbanimmersive enables its customers to leverage their marketing investment while increasing productivity, competitiveness, their web visibility, consumer engagement with their brand and ultimately, their revenue.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Certain statements in this news release, other than statements of historical fact, are forward-looking information that involves various risks and uncertainties. Such statements relating to, among other things, the prospects for the company to enhance operating results, are necessarily subject to risks and uncertainties, some of which are significant in scope and nature. These uncertainties may cause actual results to differ from information contained herein. There can be no assurance that such statements will prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of the management on the dates they are made and expressly qualified in their entirety by this notice. The Company assumes no obligation to update forward-looking statements should circumstances or management estimates or opinions change. For additional information with respect to certain of these and other assumptions and risk factors, please refer to the last Corporation's MD&A filed with the Canadian securities commissions. The forward-looking statements contained in this press release represent our expectations as of the date hereof. We disclaim any intention and assume no obligation to update or revise any forward-looking statements.

For more information, please contact:
Urbanimmersive Inc.
Ghislain Lemire
President & CEO
514-394-7820 X 202
[email protected]
www.urbanimmersive.com