Developed by Lotte Construction, COEX Magok Le-West is Seoul’s largest mixed-use convention center
MIAMI and SEOUL, South Korea, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Captivision Inc. (“Captivision” or the “Company”) (Nasdaq: CAPT), a pioneer manufacturer of architectural media glass and innovative LED solution provider, today announced the successful completion of its transparent architectural media glass installation at Lotte Construction’s COEX Magok Le-West mixed-use convention center, which officially opened this month.
Captivision’s installation spans over 16,000 square feet in Block CP1 of the convention center, showcasing next-generation digital media displays that illuminate multiple facades. COEX Magok Le-West is set to become a landmark property in a premier location, featuring renowned attractions such as the LG Arts Center and Science Park, Space K Museum, and Seoul Botanical Garden. The convention center is surrounded by residential, hospitality, office, and retail properties, further amplifying the value and reach of Captivision’s immersive and experiential technology. The installation has generated approximately $8 million in revenue1 for Captivision.
“Joining forces with Lotte Group is emblematic of our collaboration with world-class partners and we look forward to building on this success,” said Gary Garrabrant, CEO of Captivision.
About Captivision
Captivision is a pioneering manufacturer of media glass, combining IT building materials with architectural glass. The product has a boundless array of applications including entertainment media, information media, cultural and artistic content as well as marketing use cases. Captivision can transform any glass façade into a transparent media screen with real time live stream capability. Captivision is fast becoming a solution provider across the LED product spectrum.
