VR Education Holdings PLC – VRE – Directorate Changes

VR Education Holdings PLC – VRE – Directorate Changes

VR Education (AIM: VRE; Euronext Growth: 6VR), a leading virtual reality ('VR') technology company focused on the education and enterprise training space, announces that Dr. Harry Kloor has been appointed as Non-Executive Director of the Company with immediate effect.

Based in the United States, Harry is an entrepreneur, scientist, technologist, educator, policy advisor, and Hollywood producer and writer.  He is the CEO and Co-Founder of Beyond Imagination, a company seeking to build general-purpose robotic humanoids.  Harry is involved in the education sector and has significant experience in bringing science to the public.  He has worked as an advisor for NASA, US Senate, Jet Propulsion Laboratories, and numerous other science organisations. Dr. Kloor was also one of the five founding team members of XPRIZE, the non-profit organisation that designs and hosts public competitions intended to encourage technological development to benefit humanity. He has worked with a large number of scientific organisations, universities, and companies to advance technologies ranging from robotics, virtual and augmented reality, artificial intelligence, deep machine learning, sensor networks, IOT, haptics and holography.

Coinciding with the appointment of Dr. Harry Kloor, Mike Boyce, who has been a Non-Executive Director of the Company since February 2018, is stepping down from the Board to pursue other business interests.  Following a brief transition period, Mike will officially step down from the Board on 31 August 2020.

Richard Cooper, Chairman of VR Education, said: "I am delighted to welcome Harry to the Board.  He has deep experience in the education sector and in driving adoption of new technologies, particularly in the important US marketplace.  We look forward to his insight and support as we continue to deliver on our strategy and benefit from the increasing interest in VR in multiple sectors.

"On behalf of the Board, I would like to thank Mike for his counsel and support since VR Education floated in 2018 and wish him well in the future."

Dr. Harry Kloor added: "I am thrilled to be joining the board of VR Education Holdings plc.  I have spent decades immersed in XR technologies, and their applications in entertainment, medicine, social networking, and most importantly education.  The ENGAGE platform is exactly what is needed in a world which is now working much more remotely than before.   There is only so much you can do via video conferencing:  looking at a flat screen is a poor substitute for really being at a location, but with ENGAGE you can learn as if you are actually in a class room, collaborate, or be entertained in so many different ways.   ENGAGE shatters the barrier and fears many I think face when thinking about how to utilise VR environments, making it an easy system to fulfil ones needs. I look forward to sharing my ideas and assisting the Company as best as I can as a board member."

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