Powerbridge Technologies Enters into Metaverse to Build a New Product of Intelligent and Immersive Vacation & Leisure

ZHUHAI, China, Feb. 3, 2022 /PRNewswire/ — Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) (“Powerbridge” or the “Business”), a provider of multi-industry technological know-how methods, is delighted to announce its partnership in between its wholly-owned subsidiary, Powermeta Digital Co., Ltd. (“Powermeta”) and Beyondvision Cultural Improvement Co., Ltd. (“Beyondvision”) to jointly create Metafusion Digital Co., Ltd. (“Metafusion”) with the vision to embrace metaverse into the virtual earth of journey and leisure.

Metafusion will utilize metaverse and NFT similar systems to reshape the journey and leisure industry solutions and elevate customer experience with immersive digital areas. Metafusion will concentrate on wise vacation and leisure web-site operations, metaverse tourism, metaverse museums and NFT of cultural mental houses.

In addition, Metafusion will leverage on Beyondvision’s wide encounter as very well as its shoppers and partners to bolster sensible purposes and metaverse technology into the travel and leisure marketplace. Beyondvision’s gathered consumer foundation and methods will deliver Metafusion with an proven foothold in the marketplace to develop a variety of metaverse scenes to the consumers with enhanced immersive working experience.

Stewart Lor, President of Powerbridge, commented: “As additional and much more tech giants these kinds of as Meta, Microsoft, Disney, Tencent, Baidu and ByteDance are venturing into metaverse, we strongly imagine this technological know-how will alter the way we practical experience the earth. With the affect of metaverse and NFT systems, it will assistance revolutionize the travel and leisure field so as to extend our revenue channel. We hope to see that the working revenue of Metafusion will exceed $15 million inside the following two years.”

Dr. Evan Liao, President of Metafusion, mentioned “I glance forward to lead the team at Metafusion as I imagine we are very well-positioned to take edge of chances to implement intelligent apps and metaverse technologies in the journey and leisure marketplace. The metaverse technology is a best match to greatly enhance buyer working experience at the travel and leisure sites, and NFT is great to even more assistance our metaverse ecosystem. I trust that my background and skills will include considerable benefit to the corporation.”

Dr. Evan Liao has been appointed as the president of Metafusion. As a veteran of the urban organizing and journey and leisure industries, Dr. Evan has about 20 many years of expertise in challenge setting up and internet site enhancement. Dr. Evan acquired his masters’ and doctoral degrees from internationally renowned universities in Taiwan and the United States, and he is worked with renowned institutions this kind of as the BBC and the Intercontinental Tourism Expenditure Association (ITIA) between other folks as a guide, lecturer or member.

About Powerbridge Technologies
Powerbridge Systems Co., Ltd. (Nasdaq: PBTS) is a provider of know-how solutions for the global trade sector, IoT platform companies as very well as intelligent fixtures and products for clever metropolis operations, source chain platforms and social livestreaming companies for the retail marketplace, metaverse and wise remedies for the journey and leisure marketplace, as well as cryptomining and electronic asset operations. For far more details, visit www.powerbridge.com/ir/ .

Harmless Harbor Statement 
This push release is made up of forward-looking statements as described by the Non-public Securities Litigation Reform Act of 1995. Forward-hunting statements involve statements about options, objectives, plans, techniques, foreseeable future occasions or efficiency, and underlying assumptions and other statements that are other than statements of historical points. When the Firm employs phrases these types of as “may perhaps, “will, “intend,” “should,” “imagine,” “expect,” “anticipate,” “venture,” “estimate” or comparable expressions that do not relate only to historical issues, it is producing forward-searching statements specially, the Firm’s statements regarding listing on the NASDAQ Cash Market and the IPO are ahead-searching statements. Forward-wanting statements are not ensures of long term overall performance and involve dangers and uncertainties that may perhaps result in the true success to vary materially from the Firm’s anticipations mentioned in the forward-seeking statements. These statements are issue to uncertainties and risks such as, but not constrained to, the pursuing: the Firm’s objectives and tactics the Company’s potential business enterprise enhancement products and support need and acceptance improvements in technological know-how financial problems standing and brand the impression of competitiveness and pricing government rules fluctuations in basic financial and company disorders in China and assumptions fundamental or relevant to any of the foregoing and other pitfalls contained in experiences filed by the Firm with the SEC. For these explanations, between other people, buyers are cautioned not to position undue reliance on any forward-hunting statements in this press release. Added things are discussed in the Firm’s filings with the SEC, which are offered for overview at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-on the lookout statements to replicate activities or circumstances that occur soon after the day hereof.

Source Powerbridge Systems