TUGA Brings Digital Vision for Automotive Success – Benzinga – Press Release

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VANCOUVER, British Columbia and LISBON, Portugal, March 17, 2022 (GLOBE NEWSWIRE) — TUGA Innovations, Inc. TUGA DQ TUGAF (“TUGA Innovations,” or the “Company”), which is developing solutions to urban mobility challenges with the TUGA, a new type of Electric Vehicle (“EV”), is pleased to announce it is making the leap across the digital divide from urban mobility into the metaverse with the help of Company co-founders and digital visionaries António Câmara and Edmundo Nobre.

From the outset, the founders of TUGA Innovations saw the potential applicability for the integration of augmented reality (“AR”) and virtual reality (“VR”) through the power of artificial intelligence (“AI”). Today, with the emergence of the metaverse and the significant investment dollars being funneled into digital innovation, the founders of TUGA Innovations are pleased with their original conceptual strategy. Currently, the Company’s advanced planning encompasses a digitally enhanced all-electric urban vehicle combined with an AR/VR platform for use both within the vehicle and as an essential integrated component to the sales and marketing process.

The digital team brings substantial knowledge, expertise, and access to a broad industry network involved in metaverse development. The team members are pioneers in the digital innovation space as holders of several individual and joint technology patents and as project designer/implementors for several Fortune 500 companies. The team is creating intellectual property that will be held by TUGA Innovations and are extending their development efforts across all aspects of the business model as part of a larger goal to help create an advanced automotive platform.

The digital team is led by Messrs. Câmara and Nobre. Mr. Câmara currently also serves as a member of the Board of Directors for TUGA Innovations. Both he and Mr. Nobre are co-founders of TUGA Innovations along with John Hagie, Kraig Schultz, and César Barbosa.

António…

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