Salt Lake City, Utah–(Newsfile Corp. – November 1, 2022) – Metro VR Studios, Inc (MVRS), a subsidiary of Gaensel Energy Group, Inc. (OTC Pink: GEGR), announced today that it has officially entered the Pre-Production phase of its next VR video game release, programmed under its proprietary VRCore^SM development software platform. MVRS plans for a multiple title release schedule beginning in the spring/summer of 2023. The VRCore^SM system, in development for the last two years, enables titles to be quickly created for all PC-VR, wireless Meta Quest^TM and the new Quest Pro^TM VR headset systems.

“Our VRCore^sM software toolkit enables us to develop full-featured VR content much more quickly and efficiently than other studios regardless of studio size,” said Scott Matalon, CTO of MVRS. “Games and VR applications all have similar vertical structures such as characters, weapons, skeletal functions, and player objectives which every developer currently needs to program from scratch. Using VRCore^SM, developers will be able to rapidly deploy applications because we’ve streamlined these complex programming tasks.”

“The VR market has rapidly evolved over the past two years,” said Michael Clebnik, CEO of Metro VR, “and studios are now seeing 90% of their sales coming from the booming wireless headset market. This change exacts a heavy toll on smaller development companies due to the highly technical requirements demanded by the lower power standalone headsets that dominate the market.”

Matalon continued, “This pre-production phase will be used to finalize which of our several titles will be released into Beta and then into Early-Access availability this coming spring, followed by a full release in the summer of 2023 and a sequence of titles following.”

The MVRS VRCore^SM technology brings efficiency, speed, and functionality to developers which they can easily integrate into their applications. With the VRCore^SM platform nearing completion, MVRS will utilize its stable of IP and begin publishing its own series of titles powered by the engine.

“We’ve leveraged our creative capabilities developing compelling gaming IP ready to be taken to market, from never-seen-before flying saucer battle games to role-playing adventure games. The initial phase of our pre-production has been negotiating with AAA game studio partners from around the world,” continued Matalon. “These partners are experienced in producing the corollary art and environment assets required to deliver the seamlessly high-quality experiences expected by today’s VR gaming community.”

About MetroVR Studios, LLC.

MVRS is a subsidiary of Gaensel Energy Group, Inc. (GEGR) located in Boston, MA. MVRS has been developing consumer VR titles since its inception in 2016. In 2020, MVRS released Orion13, (www.orion13vr.com ) an acclaimed feature-length PCVR ‘hack-and-slash’ sword fighting game available worldwide on the Oculus and Steam platforms, followed in 2021 by the VR Music Video ‘Me to You’ for the artists Matt Bunsen and Dani Poppitt, and the proprietary VRCore^SM rapid development system in 2022.

For more information, please visit http://metrovrstudios.com

About Gaensel Energy Group (OTC Pink: GEGR)

Gaensel Energy Group asset base currently consists of proven companies in Biotech, Commodities, Health, Beauty – Fashion, Green and Renewable Energy, and Technology. The management teams for each of these divisions are actively seeking similar partners in each space for expansion and additional acquisitions. We have been listed on the United States OTC Markets since 2002 and the Company is current.

Gaensel Energy Group, Inc.
57 West 200 South
Suite 300
Salt Lake City, UT 84101
[email protected]
https://www.gegrgroup.com
https://twitter.com/gegrgroup

Forward-looking statements

This document contains certain forward-looking statements with respect to the financial condition, results of operations and business of Gaensel Energy Group, Inc., (GEGR), and certain of the plans and objectives of GEGR with respect to these items. Examples of forward-looking statements include statements made about our strategy, estimates of sales growth, future EBITA and future developments in our organic business. Forward-looking statements can be identified generally as those containing words such as “anticipates”, “assumes”, “believes”, “estimates”, “expects”, “should”, “will”, “will likely result”, “forecast”, “outlook”, “projects”, “may” or similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances and there are many factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements.

These factors include, but are not limited to, domestic and global economic and business conditions, the successful implementation of our strategy and our ability to realize the benefits of this strategy, our ability to develop and market new products, changes in legislation, legal claims, changes in exchange and interest rates, changes in tax rates, pension costs and actuarial assumptions, raw materials and employee costs, our ability to identify and complete successful acquisitions and to integrate those acquisitions into our business, our ability to successfully exit certain businesses or restructure our operations, the rate of technological changes, political, economic and other developments in countries where GEGR operates, industry consolidation and competition. As a result, GEGR actual future results may differ materially from the plans, goals and expectations set forth in such forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/142584