The company also announces the OBSKUR Mocap Box that can be used for moving avatars.

Nevada, August 4, 2023 – Movella Holdings Inc. (NASDAQ:MVLA) ('Movella), a leading provider of sensors, software and analytics that enable the digitization of motion, announced the launch of OBSKUR, the first streaming application all-in-one for engaging livestreams built on Unreal Engine 5. OBSKUR makes it easy for anyone to create engaging 3D broadcasts, build a community, and efficiently engage with their audiences. OBSKUR makes it easy for anyone to create compelling 3D broadcasts, build a community, and engage effectively with their audience. Watch related videoThose who want to enhance their broadcasts can add movement to their avatar with the OBSKUR Mocap Box, which has also been released. The Mocap Box, available for $1,995, incorporates Movella's Xsens motion capture technology with sensors specifically designed for streaming. Xsens technology has been used to animate dozens of Hollywood blockbusters including The Avengers, Avatar and Black Panther. The Mocap Box also includes custom StretchSense gloves that bring an added level of expression to any broadcast. For more information about OBSKUR and OBSKUR Mocap Box, you can visit https://www.obskur.com/."Our mission with OBSKUR is to simplify the lives of streamers, allowing them to focus on their passion for streaming, connect with their audience and produce engaging and interactive content," says Andranik Aslanyan, Co-Founder and Product Line Manager at OBSKUR. "Our all-in-one app takes the pain out of streaming, so users can focus on creating great content instead of technical difficulties. We're proud to give people a way to pursue their dreams of becoming a streamer on time. fully, and we look forward to empowering individuals by providing powerful monetization opportunities through OBSKUR." The move comes at a time when the global live streaming market is booming, with experts predicting it will reach $247 billion. in 2027 (source: Market Research Future). Viewers are taking notice, too: 23% of global viewing time is spent watching live content and 44% say they watch less TV thanks to live streaming (source: IAB). Easy to stream, no technical knowledge required OBSKUR includes everything needed for the perfect stream, ensuring that those with no technical knowledge of 3D can independently produce 3D content from day one. 3D Environment Creator allows streamers and VTubers to create limitless and dynamic environments with top-notch rendering, interactive physics, real-time lighting, and animations. Those who wish to bring their own VTuber model can do so seamlessly with the VRM Character Importer. Increase Interactivity and Audience Engagement The OBSKUR extension for Twitch enables streamers to engage their audience through live interactivity. Streamers can create personalized, physics-enabled 3D interactions to engage with their audience in unique new ways, increasing engagement and boosting monetization opportunities. OBSKUR's flexible broadcast options integrate with iPhone face tracking or VMCP, and allow creators to broadcast from their webcam or as VTuber by inserting themselves into a 3D environment, where they can edit materials, particle effects, and props to easily create a 3D scene. Improve streaming with Mocap Box, by Xsens OBSKUR's Mocap Box is the easiest mocap. Available for $1,995, The Mocap Box includes the OBSKUR Upper Body Mocap set with nine Xsens sensors and custom gloves made by StretchSense. Mocap sensors have up to 12 hours of battery life to allow for long streaming sessions. OBSKUR also integrates with other mocap hardware. About Movella Holdings Inc. Movella is a leading provider of sensors, software, and analytics that enable movement to be digitized. Movella serves the entertainment, health and sports, and automation and mobility markets. Its innovations enable clients to capitalize on the value of movement by transforming data into meaningful and actionable information. In collaboration with leading global brands like Electronic Arts, EPIC Games, 20th Century Studios, Netflix, Toyota, Siemens, and more than 500 sports organizations, Movella is creating extraordinary results that move humanity forward. For more information, you can visit www.movella.com. Issuer: Movella

ContactContact name: Amanda Taggart for OBSKURContact phone: 310-481-1800