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| VirtuSphere embraced by the Virtual Worlds Consortium meeting |
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| Participants from around the globe representing Boeing, Microsoft, Siemens, Kodak, Microvision, many other businesses and academia gave high praise to VirtuSphere. Created and hosted by Dr. Thomas Furness, Dr. Suzanne Weghorst and the great team at the Human Interface Technology Lab, the event, held on August 9-10, 2005 was an excellent forum to demo our technology. A special honor for us was that Douglas Trumbull (creator of the "Back to the future" simulator ride for Universal and special effects author for Star Trek, Close Encounters of the Third Kind and 2001: A Space Odyssey) took the VirtuSphere for a spin. |
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| VirtuSphere and UW’s HIT Lab Awarded Research Grant from the Washington Technology Center Sammamish Startup to Work with Leading Virtual Reality Lab in Identifying Commercial Markets for its Technology July 6, 2005, SAMMAMISH, Wash. -- VirtuSphere, Inc. today announced that it will team with the University of Washington’s Human Interface Technology (HIT) Laboratory and renowned virtual reality research scientist Suzanne Weghorst to explore new market opportunities for the company’s patented VirtuSphere™ product. The simulation platform enables lifelike movements in virtual reality and delivers an innovative interface that allows users to walk or even run in cyberspace. The joint work is being made possible through a Research and Technology Development (RTD) grant received from the Washington Technology Center (WTC). WTC awards more than $1.3 million annually through is RTD grants program to university researchers teamed with entrepreneurial technology companies on projects that show commercial potential. Applicants compete for this funding, which WTC awards as public investment in technology research to spark economic growth through company and job creation. “We are very grateful for the award. The WTC has also provided excellent support for our company by giving us valuable guidance, connecting us with top researchers and potential manufacturing partners in the State of Washington,” said Alexey Palladin, CEO of VirtuSphere, Inc. “We chose Washington as our base because of the richness of talent and a tremendous ecosystem and resources for high tech development. We are honored that the world’s leading Virtual Reality laboratory and the team lead by Suzanne Weghorst will be working with us. The University of Washington’s HIT Lab has a long history of creating breakthroughs in technology and in applying their knowledge to helping people learn and heal through virtual environments. We are confident that through our joint work we will find new uses and new users for the VirtuSphere”. The VirtuSphere and HIT Lab proposal was evaluated by the WTC’s Advisory Committee – a group comprised of academic and business leaders from technology companies including Battelle, Boeing, Microvision, and Paccar – who forwarded their recommendations to the WTC’s board of directors. “The Washington Technology Center is pleased to provide research funding to this team,” said Laura Dorsey, technical services manager, WTC. “The tremendous expertise in virtual reality at the UW HIT Lab and VirtuSphere’s plans for growing the company are impressive.” Virtual reality (VR) simulation was valued in 2003 at $42 billion worldwide and is projected to reach $78 billion by 2008 according to CyberEdge Information Services, a leading VR research firm. VR technology holds significant promise and potential for a host of applications including education and training, rehabilitation, recreation, and data visualization. One of the key barriers for VR has been the lack of devices that allow users to move freely and navigate naturally in virtual environments. The VirtuSphere omni-directional locomotion device provides a highly effective and robust solution to this problem, allowing lifelike movements with full-range of motion. VirtuSphere’s primary market is military training and simulation. Through this project, the team will explore application of this technology to new commercial markets including interactive education, rehabilitation, and movement-based gaming. “The HIT Lab has been looking at omni-directional interfaces for some time, and we are convinced that VirtuSphere has developed the most elegant and effective solution for navigating within virtual environments,” said Weghorst, senior research scientist and assistant director of research at the HIT Lab. “We're pleased and excited to have this opportunity to help further its potential.” The RTD grant funded Phase 1 of the project began on July 1, 2005 and is scheduled to be completed within 9 months. For more information about VirtuSphere please visit www.virtusphere.com or write to: info(at)virtusphere(dot)com. For a video demonstration please see www.virtusphere.com/videos. For more information about the HIT Lab please visit http://www.hitl.washington.edu/ For more information about the WTC please visit http://www.watechcenter.org/ |
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| © VirtuSphere, Inc. 1996-2006 All rights reserved. Contact e-mail: info@virtusphere.com |
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