Immersive Technologies and Caterpillar Global Mining Extend Partnership

May 7, 2014

Caterpillar Global Mining and Immersive Technologies have extended their decade long partnership by renewing their exclusive relationship for a further five years. Through this formal agreement, Caterpillar Global Mining will continue to exclusively recommend Immersive Technologies’ high and medium fidelity training simulator products while providing the confidential technical information required to develop the simulators.

Additionally, Caterpillar Global Mining and Immersive Technologies will continue to pursue a shared goal of providing solutions that allow mining customers to enhance safety, improve efficiency and increase productivity.

“We recognize Immersive Technologies’ market leading position, and we are pleased to continue working together to ensure our customers receive the greatest value from Cat machines,” said Chris Curfman, Vice President of Caterpillar Inc.’s Mining Sales & Support Division.

Recent case studies published by Immersive Technologies have highlighted results that mining operations are achieving through Immersive Technologies’ simulation training, including 10.4 percent average improvement in tire life and 6.85 percent average reduction in fuel use.

“We are proud to continue this partnership for a further five years, and we are honored Caterpillar Global Mining recognizes the significant productivity and safety improvements our solutions have delivered to Caterpillar Global Mining’s and Immersive’s shared customers,” said Peter Salfinger, Chief Executive Officer, Immersive Technologies.