SGX-listed Revez Corporation has entered into a memorandum of understanding (MOU) with Advanced Info Services Public Company (AIS) to forge a strategic collaboration in Thailand.
AIS is a leading telco provider in Thailand.
The MOU was signed by Revez Corporation’s wholly-owned subsidiary Revez Motion and AIS’s subsidiary, Advanced Wireless Network Co. (AWN).
Under the MOU, Revez Motion will offer its expertise in its metaverse, augmented reality (AR), mixed reality (MR) and virtual reality (VR) solutions. At the same time, AWN will bring to the table its innovative 5G network and infrastructure, infrastructure including edge computing, cloud, and AIS 5G NEXTGen platform.
According to AIS, the platform aggregates 5G network, network slicing capability, edge computes, leading cloud hyper-scalers, and application altogether in an automated fashion, to jointly cooperate on feasibility of product and services trials, research, developments and implementations of commercial projects.
“This strategic collaboration marks our first step of commitment to offer immersive experiences to the customers in Thailand,” says Victor Neo, group CEO of Revez Corporation. “With the capability of 5G, edge computing and the 5G platform offered by AIS, we could offer new edge of creative experiences beyond the current expectations.”
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“Revez Motion, a tech winner under the innovation challenge organised by Infocomm Media Development Authority (IMDA) in Singapore, has been the forefront leader in the 5G Metaverse space,” says Asnee Wipatawate, head of enterprise telecom technology product department of AWN. “I am pleased to offer more innovative and creative solutions to our customers with this collaboration.”
Shares in Revez closed flat at 9.5 cents on June 30.
