Benzinga | Feb 18, 2021 09:02AM EST

Blue Hat Signs Three-Year Agreement With Zhong Ya International Education Investment Co; Blue Hat To Provide Its Augmented Reality Immersive Classes To Zhong Ya's 680 Kindergartens In Guangdong Province

XIAMEN, China, Feb. 18, 2021 /PRNewswire/ -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ:BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials in China, today announced that the Company has signed a three-year agreement with Zhong Ya (Shenzhen) International Education Investment Co., Ltd. ("Zhong Ya") whereby Blue Hat will provide its Augmented Reality Immersive Classes ("ARIC") to Zhong Ya's 680 kindergartens located in Guangdong Province.

In accordance with this agreement, Blue Hat will also develop for Zhong Ya an overall kindergarten curriculum and technology platform with a focus on STEAM (Science, Technology, Engineering, Art and Mathematics), taking into account social and emotional development, communication and language development, and physical development. Zhong Ya will focus its attention on management of the kindergarten schools and teacher evaluations. In addition to strengthening its education platform and curriculum, this partnership will enable Blue Hat and Zhong Ya to elevate the organization's teacher training level and enrich teaching resources.

Xiaodong Chen, CEO of Blue Hat stated, "We are pleased to begin this partnership with Zhong Ya and look forward to working closely with them on integrating our digital solutions with a new STEAM-focused curriculum for their young students. We are excited to share our innovative education tools with Zhong Ya teachers as the success of the new platform and curriculum largely hinge upon properly training teachers in using these resources when educating students. We believe this partnership is yet another testament to the effectiveness of our interactive educational technology and we have begun the rollout of Blue Hat's ARIC to these 680 kindergartens since the beginning of 2021. As a result of this rollout, we expect to see a substantial increase in our revenues from interactive education in 2021."

Mr. Chen concluded, "This is a continuation of our interactive education expansion in the Guangdong-Hong Kong-Macao Greater Bay Area. We are focused on leveraging our expertise and intellectual property in all forms of interactive entertainment and education."