NEW YORK, Sept. 26, 2017 (GLOBE NEWSWIRE) -- The Glimpse Group, Inc. (“Glimpse”), a Virtual Reality and Augmented Reality (“VR” and “AR”) company comprised of multiple VR and AR software & services start-ups, today announced that it has established its 8th subsidiary, Immersive Health Group (IHG), LLC, to create wellness, mental and physical health experiences through the power of virtual reality, including Guided Mediation, Stress Relief, Tai Chi Instruction and Light Exercise.

IHG’s first product, Immersive Sanctuary, promotes tranquility in a corporate setting by transporting employees from the physical world to soothing VR environments which provide activities that strive to foster overall health. The projected outcomes are lower absenteeism, higher job satisfaction, improved productivity, increased employee retention and lower health care costs.  IHG is led by DJ Smith, a Glimpse co-founder, its Chief Creative Officer and the Organizer of NYVR Meetup, the second largest VR Meetup group in the world.

"The enterprise Health & Wellness vertical is uniquely suited for effective VR applications and has tremendous potential, including derivatives into Cognitive and Neuroscientific exploration, as well as other health and wellness applications,” said Glimpse President and Chief Executive Officer Lyron Bentovim. “As an organically developed Glimpse subsidiary company, IHG is another example of the power of Glimpse’s robust ecosystem, creativity and ability to unlock value.”

About The Glimpse Group, Inc.

The Glimpse Group is a Virtual and Augmented Reality company, comprised of multiple VR and AR software & services start-ups, and designed with the specific purpose of cultivating entrepreneurs in the VR/AR industry. Our unique business model simplifies challenges faced by VR/AR entrepreneurs and creates a robust ecosystem, while simultaneously providing investors an opportunity to invest directly into the emerging VR/AR industry via a diversified platform. For more information on The Glimpse Group, please visit www.theglimpsegroup.com.

For additional information please contact:
Maydan Rothblum
CFO & COO
The Glimpse Group
(917) 292-2685
maydan@theglimpsegroup.com