DGAP-News

YDreams Global Signs Cooperation Agreement with the SEED Group from Dubai and Starts Operation in the Middle East with Focus in Virtual Reality and Smart City Initiatives

DGAP-News: YDreams Global Interactive Technologies Inc. / Key word(s): Miscellaneous YDreams Global Signs Cooperation Agreement with the SEED Group from Dubai and Starts Operation in the Middle East with Focus in Virtual Reality and Smart City Initiatives 30.05.2017 / 09:00 The issuer is solely responsible for the content of this announcement. Vancouver, British Columbia--(Newsfile Corp. - May 30, 2017) - YDreams Global Interactive Technologies Inc. (TSXV: YD) (OTC Pink: YDRMF) (FSE: A2AP0L) ('YDreams Global' or the 'Company'), a creative and technology supplier for Fortune 500 brands such as Cisco, Qualcomm, Intel and Coca-Cola, would like to announce that it is now an official partner of the SEED Group, a group of diversified companies owned and chaired by The Private Office of Sheikh Saeed Al Maktoum, who is the cousin of the current ruler of Dubai.

Over the past 16 years, the SEED Group has formed strategic alliances with leading global companies representing diverse regions and industries. These companies have propelled their business interests and goals in the Middle East & North Africa region through the support and strong base of regional connections of the SEED Group. The group's goal is to create mutually beneficial partnerships with multinational organizations and to accelerate their sustainable market entry and presence within the GCC. The SEED Group has been a key point in the success of all its partners in the region helping them reach their target customers and accelerate their businesses more rapidly.

The Private Office was established by Sheikh Saeed bin Ahmed Al Maktoum to directly invest in potential business opportunities in the region which meet The Private Office's investment criteria.

Daniel Japiassu, CEO of YDreams Global, traveled to Dubai to represent the Company and sign the Cooperation Agreement with Mr. Hisham Al Gurg, CEO of the SEED Group.

'We are very excited about the potential of this strategic partnership with YDreams and are very proud to introduce their hyper-innovative offering into the region. At SEED Group we specialize in assisting unique firms, like YDreams, with establishing a presence in the United Arab Emirates as they expand beyond their home markets. UAE is fast building its reputation as icon for innovation and creativity making companies like YDreams, which is a natural fit into the country's national innovation strategy,' stated Mr. Hisham.