IRVINE, CA, June 4, 2018 – EON Reality Inc., the world leader in Augmented and Virtual Reality based knowledge transfer for industry and education, today announced that Walter X. Palhetas has joined the company as the Chief Revenue Officer. With over 25 years of experience in building sales organizations in the technology space, Palhetas will oversee EON Reality’s global sales operations and drive growth in EON Reality SaaS products built on its EON-XR Platform.

Prior to joining EON Reality, Palhetas was Senior Vice President of Global Sales at Impinj, Inc. (PI on the NASDAQ) where he built out the sales organization and grew revenue at a very predictable and accelerated pace. This lead to Impinj’s IPO in 2016 only 15 months after Palhetas joined the company.

“The landscape of the Virtual Reality and Augmented Reality marketplace combined with EON Reality’s market position make this an exciting opportunity,” said Walter X. Palhetas. “Bringing this innovative technology to clients in such a way that the technology works for them rather than being a roadblock is something that I think will be massively empowering to the market. Right now enterprises are struggling to implement AR and VR in a meaningful manner and EON Reality’s SaaS EON-XR Platform Products will go a long way to addressing that business challenge.”

“Walter’s track record in sales and business development speaks for itself,” said David Scowsill, CEO of EON Reality. “We are excited to have a sales leader of Walt’s caliber and his experience in rapidly scaling businesses will be an immense help in growing our SaaS EON-XR Platform products.”

In addition to SVP of Global Sales at Impinj, Inc., Palhetas has a wide variety of experience that covers global sales, business development, sales ops and marketing. He has held executive management positions at StorageTek (acquired by SUN Microsystems and now Oracle StorageTek, a subsidiary of Oracle Corp.), Troika Networks, Inc. (acquired by Qlogic), SUN Microsystems (now a subsidiary of Oracle), Pillar Data Systems (now part of Oracle), Nexsan Technologies (acquired by Imation Inc), and Imation Inc.

Palhetas is originally from Toronto, Canada and has an MBA from Pepperdine University.

About EON Reality
EON Reality is the world leader in Augmented Reality (AR) and Virtual Reality (VR) based knowledge transfer for industry and education. EON Reality’s success is tied to its belief that knowledge is a human right and should be available, accessible, and affordable for every human on the planet. To carry this out, EON Reality, since 1999, has developed the de-facto standard for Augmented Reality and Virtual Reality based knowledge transfer software that supports devices from mobile phones to large immersive domes. EON Reality’s global app development network, with twenty-two locations worldwide, has created the world’s leading AR/VR library for knowledge transfer with over 7,000 applications. Over 36 million people worldwide have downloaded these applications. For further information, visit www.eonreality.com.

###