AMPD Ventures Inc. announced that it has signed a letter of engagement with Versatile Media LTD (Versatile) outlining the framework for a multi-year definitive agreement through which AMPD is expected to provide technology, infrastructure, and services to Versatile in the rapidly burgeoning virtual production sector. Under the terms of the engagement, it is expected that AMPD will provide the on-premise technology requirements for Versatile's initial 12,000 sq. ft. studio, as well as provide on-going data centre-based rendering and other hosted infrastructure. Once a definitive agreement is entered into, the deal could generate revenue for AMPD of approximately $1.6 Million over the next 36 months.