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Immersive Technologies Global Expansion

1 May, 2006 - Perth Australia

A move to new administrative and research headquarters in Perth is expected to contribute to the growth momentum of the successful mine-technology developer and exporter, Immersive Technologies.

The leading supplier of advanced simulator-based training systems to the global mining industry has split its rapidly expanding product development and production operations, giving each area more room to grow in a period of surging demand for Immersive Technologies’ products and services.

The new Osborne Park office, not far from the company’s production facility, also houses Immersive Technologies’ finance, sales, marketing, human resources and executive management personnel.

Inaugurated by Immersive Technologies chairman Roderick Brown in front of Perth staff and a number of invited guests, the new headquarters is the third new office opened by the company in the past two years. It previously established sales and technical support centers in Utah, USA, and Brisbane, Queensland.

Mr Brown said recent strong sales into emerging markets such as Africa and South America added to the company’s leading position in the Australian, Asian and North American advanced equipment simulator markets.

“We have experienced rapid growth in the past two years and, judging by the current level of interest in our products and services, we are set for a further period of expansion,” he said.

“The company certainly appreciates the faith and support of our customer base, and we look forward to passing on the benefits of our latest training certification, research and development, and service initiatives in the months ahead.

“We also appreciate the efforts of our staff, who have helped position the company at the cutting edge of product development and service delivery in this field.

“Thanks go to the many Immersive employees who helped ensure a smooth and efficient transition to this new building.”

Established in 1993 as a provider of computer-based learning tools to the mining industry, Immersive Technologies now has more than 75+ Advanced Equipment Simulators deployed in 16 countries. Staffing levels are set to grow by 15-20% over the next six months.

Immersive Technologies’ customer base includes many of the world’s largest mining and contracting companies, and equipment suppliers.

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About Immersive Technologies

Immersive Technologies is the world's largest, proven and tested supplier of surface and underground Advanced Equipment Simulators to the global mining industry. The company has achieved this unique position by focusing on its mission to make every mining and earthmoving equipment operator in the world safer and their employer more profitable through its simulation technologies. Immersive Technologies' Advanced Equipment Simulators are helping hundreds of mining companies around the world to increase their equipment operators' safety and site profitability through effective simulation training.

Immersive Technologies provides its customers with the most effective Advanced Equipment Simulators available. This is made possible through the formal exclusive licensing and technical information alliances Immersive has established with the leading Original Equipment Manufacturers (OEM), including: Caterpillar, Hitachi, Komatsu and Liebherr. These unique alliances provide Immersive Technologies with exclusive access to the OEM's proprietary and confidential machine technical information that is required to correctly simulate the OEM's machines and is not available through other public or dealer channels.

With advanced simulator modules deployed in 39 countries, Immersive Technologies is dedicated to provide outstanding service. To deliver on this commitment the company has customer sales and support offices located close to its customers in Perth and Brisbane Australia, Salt Lake City USA, Calgary, Ottawa & Vancouver Canada, Monterrey Mexico, Lima Peru, Santiago Chile, Bochum Germany, Johannesburg South Africa, Jakarta Indonesia, Kolkata India and Jeddah, Saudi Arabia.

Immersive has the global mining experience, innovative technology, product range, OEM relationships, proven support commitment and industry vision to partner with you to ensure your simulator training solution delivers the significant results you expect.