Foster, who also appeared on Strictly Come Dancing, will be joined by Sky Sports presenter Charlotte Jackson for the opening event at the company's Tower of London House of Nations venue.
Both of them will share their experiences of the Games from a competing and reporting angle.
The House of Nations at the Tower of London will complement the Ultimate Experience's sister House of Nations in Kings Cross.
In both venues guests will be able to enjoy the Olympics on large screens, have their picture taken with the Olympic torch and enjoy some high-end hospitality.
To get the industry into the Olympic spirit Event is hosting a pre-Games party at the House of Nations venue in Kings Cross on Thursday 26 July.
To apply for tickets to this event please email Celia Miranda.For in-depth and print-only features including the event marketing strategies of Global Radio, Heineken and Philips don't miss the next issue of July/August issue of Event magazine by subscribing here.