3i Inc. Receives CES 2022 Innovation Award for Pivo Pod X

Pivo Inc. of 3i Inc., a metaverse technology company that develops products utilizing artificial intelligence (AI), augmented reality (AR), and virtual reality (VR), announced that it has been named a Best of Innovation Award Honoree at CES 2022. The announcement was made on January 3rd in the media event, which precedes the Consumer Electronics Show 2022 (CES 2022), the world's largest consumer electronics exhibition show.

Pivo Pod X, Pivo's award winning product, is the new addition to the company's robust lineup of auto-tracking smart pods that enhance the capabilities of your smartphone. Pivo Pod X is a re-envisioning of the original Pivo Pod with its added software features, longer battery life and highly requested vertical tracking. The Pod X, along with its powerful suite of apps, enables creators to produce dynamic, high-quality photos, videos, 360° images and 3D virtual tours. Thanks to Pivo's proprietary Face, Body, Object and Animal Tracking, creators are no longer limited to stagnant content, even when creating alone. The product is set to be released in the second quarter of 2022.

"We will continue to work hard and market our products, in order to establish ourselves as a staple brand in the creator economy," said CEO and founder of Pivo, Ken Kim. He added, "Pivo Pod X, which will officially be released soon, is the first step to securing our spot in a rapidly growing market."

This news comes in the wake of many recent initiatives and accomplishments of the company, including:

• Completing an investment of nearly 24M USD (28B KRW). The round included 20M USD from new financial and strategic investors and 4M USD from existing investors.
• Successfully launching and completing a Kickstarter campaign for Pivo Pod X at the end of 2021, which raised nearly 400,000 USD with the help of 1,700 backers.
• Launching their follow-up crowdfunding campaign on Indiegogo InDemand.
• Several product launches including new smart pods Pivo Pod Lite and Pivo Pod Gold, as well as the apps Pivo+, Pivo Live and Pivo Studio.

To learn more about the company behind the Best of Innovation Honoree, Pivo Pod X, visit pivo.ai.

About Pivo Inc.:

Founded in 2016, Pivo Inc. is a platform business owned and operated by 3i Inc. and sits at the intersection of hardware, software, and content, focused on empowering everyday creators worldwide. With its AI-powered smart pod and suite of mobile apps that extend the capabilities of any smartphone, everyday creators can simplify the process of rich content creation. For additional information, please visit pivo.ai.

About 3i Inc.:

3i Inc. provides both hardware and software solutions that transform the way the physical world interacts with the digital world. With 29+ nationalities of employees working in more than 8 countries, 3i Inc. is a truly global and distributed company. Its solutions leverage state-of-the-art technologies such as AI/ML and AR/VR to help our customers create the most immersive experiences through rich content and digital twins. We believe 3i Inc. solutions will accelerate the creation of the metaverse through digital transformation, digitalization of content, and business workflows. For additional information, please visit 3i.ai.