NexTech Signs AR eCommerce Deal with Cannabis Air Purification Company Alpine Innovative Research Inc.

August 13th, 2019 – New York, NY – Toronto, ON – NexTech AR Solutions (the “Company” or “NexTech”) (OTCQB:NEXCF) (CSE: NTAR) (FSE:N29) is pleased to announce that it has entered into an agreement with Alpine Innovative Research Inc., a leading air purification company to the Cannabis industry. Alpine Innovative Research Inc. uses advanced technology and components from around the world, but the design and manufacture of the product happens in Calgary, Alberta. Cannabis grow and processing rooms are plagued by pathogens such as mold, mildew, bacteria and viruses. Alpine Innovative Research Inc. sells technologically advanced air filtration products which protect and purify grows for many years to come.

“NexTech and Alpine Innovative Research Inc. are engaged in exploring and leveraging the various benefits of augmented reality for its clean-air products especially for the Cannabis industry. Focusing on the Air Sniper Ultra NexTech will be creating and adapting it’s webAR and AR University platform to facilitate product demonstrations and create a mobile sales tool for Alpine Innovative Research Inc. staff to carry with them wherever they go.” Comments Evan Gappelberg CEO of NexTech AR Solutions.

“As a company focused on providing innovative products to the industry, we saw AR as an opportunity to assist in setting Air Sniper further apart from competitors.” Says Stuart Henley, President of Alpine Innovative Research. “We wanted to use AR to generate a better understanding of our premium product offering and we believe the use of NexTech’s AR will greatly assist in communicating to our customers how Air Sniper equipment integrates into their facility. We see AR as a tool to elevate our client experience and to quickly become an industry leader.”

Gartner reports 100 million consumers will shop in augmented reality online and in-store by 2020. NexTech is building out its AR and AI eCommerce offerings, which include using AI to create a guided and knowledgeable curator that can be programed to be used for eCommerce or for education in the medical device market. 

 

About NexTech AR Solutions Corp.

NexTech, the first publicly traded “pure-play” AR company, began trading on the CSE on October 31st, 2018. NexTech has a two-pronged strategy for rapid growth including growth through acquisitions and growth of its omni-channel AR SaaS platform called ARitize™. NexTech has an exclusive license to a portfolio of patents #7,054,831, #7,266,509 and patent-pending applications #15351508, #62457136, #62559487, related to interactive gaming, interactive advertising, and augmented reality (“AR”) technology.

The company is pursuing three multi billion dollar verticals in AR. 

Aritize™ For eCommerce; The company launched its technologically advanced webAR for eCommerce early in 2019 and has been rapidly signing up customers onto its SaaS platform, including notable customers, Walther Arms, Wright Brothers, Mr. Steak, and Budweiser. NexTech has the first ​‘full funnel’ end-to-end eCommerce solution for the AR industry including its 3D product capture, 3D ads for Facebook and Google, ‘Try it On’ technology for online apparel, 3D and 360-degree product views, and ‘one click buy. 

Aritize™ University; having launched in June 2019, the app-based solution allows companies and educational establishments to leverage all of their existing 2D assets – YouTube videos, PDF documents, PowerPoint decks, images, etc. – and then overlay immersive 3D-AR experiences on top of that content for an interactive training experience that drives productivity

ARitize™ Hollywood Studios; expected to launch in Q4 2019, the studio has created a proprietary entertainment venue for which it is producing immersive content using augmented reality as the primary display platform

 

To learn more, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit our website: https://www.nextechar.com.

 

On behalf of the Board of NexTech AR Solutions Corp.
Evan Gappelberg
CEO and Director

 

For further information, please contact:

 

Evan Gappelberg

Chief Executive Officer

info@nextechar.com   

 

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

 

Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, “will be”, “looking forward” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements regarding the Company increasing investors awareness are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of NexTech to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. NexTech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

 

NexTech Launches August AR Contest Experience with Anheuser-Busch Brand Budweiser

Budweiser #BudAR Augmented Reality Activation and Contest to Celebrate Bud Stage’s 25th Anniversary

New York, NY – Toronto, ON – August 8th, 2019 – NexTech AR Solutions (the “Company” or “NexTech”) (OTCQB: NEXCF)(CSE: NTAR)(FSE: N29) is a rapidly growing Augmented Reality (“AR”) technology company targeting three multi-billion-dollar verticals in the AR industry all driving revenue from its Omni-platform called “ARitize”. Today NexTech announces the Budweiser contest for August is now live. Millions of fans can enter to win season tickets for Toronto, Ontario’s Bud Stage, by downloading the ARitizeTM App. Anheuser-Busch brand Budweiser selected NexTech’s  ARitize ™ app to host and trigger a series of augmented reality (AR) experiences which are activated by pointing a mobile phone at a 25th anniversary Budweiser can, within the ARitize™ app. 

See Demo Videos

#BudAR for a chance to WIN A SEASON PASS to Bud Stage!

Starting today, August 8th, 2019, NexTech is running a social media driven #BudAR contest giving away season tickets to the Budweiser stage which will be featuring in August: Iron Maiden, Nelly with TLC and Flo Rider, Smashing Pumpkins, Beck, Cage The Elephant and Spoon, Slipknot, Hootie and the Blowfish and more.

“Our NexTech team has done a fabulous job building our AR/AI tech stack now in use for one of the biggest and best known global brands; a true testament to the quality of the team’s  hard work. Budweiser, is bringing AR to the masses through enhanced customer engagements using NexTech,” said Evan Gappelberg, CEO of NexTech. “Our industry leading AR technology allows brands to curate an immersive, branded experience where they can sell, teach, communicate and share their product, service or experience,  accessible across all platforms and devices.”

For a chance to enter, use the sharing feature in NexTech’s ARitize™ app and take a photo of your Budweiser AR experience. Share the picture to social media with the hashtag #BudAR and enter the band name of the chosen icon. See NexTech’s website (www.nextechar.com/contestrules) for more contest details, rules and regulations.


Gartner reports
100 million consumers will shop in augmented reality online and in-store by 2020. NexTech is building out its AR and AI eCommerce offerings, which include using AI to create a guided and knowledgeable curator that can be programmed to be used for eCommerce or for education in the medical device market.

About NexTech AR Solutions Corp.

NexTech, the first publicly traded “pure-play” AR company, began trading on the CSE on October 31st, 2018. NexTech has a two-pronged strategy for rapid growth including growth through acquisitions and growth of its omni-channel AR SaaS platform called ARitize™. NexTech has an exclusive license to a portfolio of patents #7,054,831, #7,266,509 and patent-pending applications #15351508, #62457136, #62559487, related to interactive gaming, interactive advertising, and augmented reality (“AR”) technology.

The company is pursuing three multi billion dollar verticals in AR.

Aritize™ For eCommerce; The company launched its technologically advanced webAR for eCommerce early in 2019 and has been rapidly signing up customers onto its SaaS platform, including notable customers, Walther Arms, Wright Brothers, Mr. Steak, and Budweiser. NexTech has the first ​‘full funnel’ end-to-end eCommerce solution for the AR industry including its 3D product capture, 3D ads for Facebook and Google, ‘Try it On’ technology for online apparel, 3D and 360-degree product views, and ‘one click buy.

Aritize™ University; having launched in June 2019, the app-based solution allows companies and educational establishments to leverage all of their existing 2D assets – YouTube videos, PDF documents, PowerPoint decks, images, etc. – and then overlay immersive 3D-AR experiences on top of that content for an interactive training experience that drives productivity.

ARitize™ Hollywood Studios; expected to launch in Q4 2019, the studio has created a proprietary entertainment venue for which it is producing immersive content using augmented reality as the primary display platform

To learn more, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit our website: https://www.nextechar.com.

On behalf of the Board of NexTech AR Solutions Corp.
Evan Gappelberg
CEO and Director

For further information, please contact:

Evan Gappelberg

Chief Executive Officer

info@nextechar.com   

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, “will be”, “looking forward” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements regarding the Company increasing investors awareness are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of NexTech to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. NexTech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

NexTech AR to Host Demos At the 71st AACC Annual Scientific Meeting & Clinical Lab Expo With Block Scientific, August 6th-8th

New York, NY – Toronto, ON ​– August 6, 2019 – ​NexTech AR Solutions Corp. (the “​Company​” or “​NexTech​”) ​(OTC: NEXCF) ​(​CSE: NTAR) (FSE:N29​) is a rapidly growing Augmented Reality (“AR”) technology company targeting three multi-billion-dollar verticals in the AR industry which all drive revenue from its Omni-platform called “ARitize”. The company is pleased to announce that it has been invited by one of its WebAR SaaS customers, Block Scientific, whom has long- term relationships with leading lab equipment manufacturers Abbott Labs, Siemens, Thermo Scientific and others to participate and demo AR in Block’s booth # 2627 August 6th-8th.

The 71st AACC Annual Scientific Meeting & Clinical Lab Expos showcases cutting edge science and technology, shaping the future of laboratory medicine. It has 29,000 attendees 3,100 exhibitors and over 800 exhibitors from 135 countries attending this major industry event. NexTech is demoing its AR capabilities with industry leaders at the Expo 71st Annual Scientific & Clinical Lab Expo in Anaheim. 

“We are impressed with the early results of AR on our website and look forward to introducing them to the medical lab industry,” comments Jeremy Lindner President of Block Scientific.

“Manufacturers and distributors within the medical technology space are perfectly positioned to capitalize on the benefits of AR for product training, sales and marketing,” says Evan Gappelberg, CEO of NexTech. He continues, “When Jeremy offered us the opportunity of being at this major industry event to demo our AR capabilities in his booth and having him introduce us to his longtime suppliers of medical lab equipment I jumped at it, as it just makes total sense for us to work with medical equipment manufacturers creating 3D AR twins so that they can train and demo remotely.”

Gartner reports 100 million consumers will shop in augmented reality online and in-store by 2020. NexTech is building out its AR and AI eCommerce offerings, which include using AI to create a guided and knowledgeable curator that can be programmed to be used for eCommerce or for education in the medical device market. 

 

 

About NexTech AR Solutions Corp.

Nextech the first publicly traded “pure play” AR company began trading on the CSE October 31st, 2018. NexTech has a two-pronged strategy for rapid growth including growth through acquisitions and growth of its omni-channel AR SaaS platform called ARitize™. The company is pursuing three multi billion dollar verticals in AR. 

Aritize™ For eCommerce; The company launched its technologically advanced webAR for e-commerce early in 2019 and has been rapidly signing up customers onto its SaaS platform, with notable customer wins like Walther Arms, Wright Brothers, Mr. Steak, Budweiser. Nextech has the first ​‘full funnel’ end-to-end eCommerce solution for the AR industry including its 3D product capture, 3D ads for Facebook and Google, ‘Try it On’ technology for online apparel, 3D and 360-degree product views, and ‘one click buy. 

Aritize™ University; having launched in June 2019, the app-based solution allows companies and educational establishments to leverage all of their existing 2D assets – YouTube videos, PDF documents, PowerPoint decks, images, etc. – and then overlay immersive 3D-AR experiences on top of that content for an interactive training experience that drives productivity

ARitize™ Hollywood Studios; expected to launch in Q4 2019, the studio has created a proprietary entertainment venue for which it is producing immersive content using augmented reality as the primary display platform

NexTech has an exclusive license to a portfolio of patents #7,054,831, #7,266,509 and patent-pending applications #15351508, #62457136, #62559487, related to interactive gaming, interactive advertising, and augmented reality (“AR”) technology.

 

To learn more, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit our website: https://www.nextechar.com.

 

On behalf of the Board of NexTech AR Solutions Corp.
Evan Gappelberg
CEO and Director

 

For further information, please contact:

 

Evan Gappelberg

Chief Executive Officer

info@nextechar.com   

 

Media contact:

Erin Hadden

FischTank Marketing and PR

ehadden@fischtankpr.com

 

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

 

Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, “will be”, “looking forward” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements regarding the Company increasing investors awareness are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of NexTech to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. NexTech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

 

NexTech Signs AR eCommerce Deal with Zoltan David Award Winning Jewelry Designer

August 1st, 2019 – New York, NY – Toronto, ON – NexTech AR Solutions (the “Company” or “NexTech”) (OTCQB:NEXCF) (CSE:NTAR) (FSE:N29) is pleased to announce that it has entered into an agreement with Zoltan David whose jewelry can be seen at the Smithsonian National Museum permanent collection, to Aritize™ his jewelry line. NexTech is going to provide 3D product models as well as a virtual showroom store through its web AR eCommerce platform and its Aritize™ app.

Click: View Blue Pink Sapphire Ring in 3D-AR

“We are so excited about adding new generation 3D model viewing to our e-commerce. It is the next best thing to being here in our gallery. I can post multiple 2d photos that show a ring exactly and with minute detail, but the consumer is still limited to 3 or 4 images. Now they can look at it from any vantage point. They can turn my pieces and see it from every direction and every angle.” said Zoltan David.

NexTech’s state of the art technology turns Zoltan’s jewelry into high fidelity 3D models to be used on Zoltan David’s website, in 3D ads, and for use in a Zoltan AR showroom app. Zoltan’s existing and future customers will be able to view the products in full 3D on the Zoltan David website, with 360-degree rotation, and to “place” the products in their space to see the quality of craftsmanship before purchase.

“Being able to use augmented reality for visualizations, and 3D product views of precision high-quality jewelry like Zoltan David’s works of art and have it look real, was no easy task. However, we now have created a totally new and proprietary technology positioning NexTech as leaders in creating high end photo-realistic jewelry in AR,” said Evan Gappelberg, CEO of NexTech. “We are very excited to be bringing our enhanced web-enabled AR technology to such an iconic brand and leader in its field.”

NexTech’s ARitize™ eCommerce solution is a monthly software as a service (SaaS) software licensing and delivery model in which software is licensed on a subscription basis while being centrally hosted in the cloud. NexTech’s SaaS subscription platform enables companies like Zoltan David to transform 2D images into true 3D AR experiences. Utilizing simple embed coding, NexTech’s browser-based technology eliminates the gap online shoppers feel between themselves and the product, allowing them to effectively try or place the product in their home before they buy it.

Gartner reports 100 million consumers will shop in augmented reality online and in-store by 2020. NexTech is building out its AR and AI eCommerce offerings, which include using AI to create a guided and knowledgeable curator that can be programmed to be used for eCommerce or for education in the medical device market.

150,000 options have been issued to Artem Tokariev at a strike price of .73 and 95,000 options have been issued to Artemio Moya at .73. The options vest over 3 years.  Bill Gildea has resigned as director effective August 1st 2019.

 

About NexTech AR Solutions Corp.

 

NexTech has a two-pronged strategy for rapid growth including growth through acquisitions as well as by bringing a next-generation web-enabled augmented reality (AR) platform with Artificial Intelligence (AI) and analytics to the Cannabis industry, eCommerce, education, training, healthcare and video conferencing. Having integrated with Shopify, Magento and WordPress, its technology offers eCommerce sites a universal 3D shopping solution. With just a few lines of embed code, the company’s patent-pending platform offers the most technologically advanced 3D AR/AI technology anywhere.  NexTech’s ARitize™ eCommerce solution is a monthly SaaS subscription platform that enables retailers to transform 2D images into true 3D AR experiences. The company has created the AR industry’s first end-to-end affordable, intelligent, frictionless, scalable platform.

To learn more, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit our website: https://www.nextechar.com.

On behalf of the Board of NexTech AR Solutions Corp.
Evan Gappelberg
CEO and Director

For further information, please contact:

Evan Gappelberg

Chief Executive Officer

info@nextechar.com   

Media contact:

Erin Hadden

FischTank Marketing and PR

ehadden@fischtankpr.com

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, “will be”, “looking forward” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements regarding the Company increasing investors awareness are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of NexTech to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. NexTech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

NexTech AR Solutions to Webcast Live at VirtualInvestorConferences.com August 1st

The Company invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConferences.com

New York, NY and Toronto, ON – July 26th 2019  — NexTech AR Solutions (CSE:NTAR|OTCQB:NEXCF), is a rapidly growing augmented reality technology company targeting three multi-billion dollar verticals in the AR industry; AR e-commerce, AR University and AR Studios which all drive revenue from its omni-platform called “Aritize”. 

The company is pleased to announced that CEO Evan Gappelberg, will present live at VirtualInvestorConferences.com on August 1st at 1:00 pm.

DATE: Thursday, August 1st

TIME: 1:00 pm

LINK: https://tinyurl.com/Aug1VIC

This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event and will be available on the company’s website.

It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.

Learn more about the event at www.VirtualInvestorConferences.com.

Recent Company Highlights

  • Launched the first the ever “AR University” in June 2019, allowing enterprises clients to offer training and education in 3D-AR.
  • Completed a $1.58 million financing, with 50% management participation
  • Partnership with blue chip clients: Budweiser, Walther Arms, Wright Brothers and LivePerson chat
  • Anticipating positive EBITDA in 2019 and 10X revenue growth in 2020.

About NexTech AR Solutions

NexTech has a two pronged strategy for rapid growth including growth through acquisitions as well as by bringing a next-generation web-enabled augmented reality (AR) platform with Artificial Intelligence (AI) and analytics to the Cannabis industry, eCommerce, education, training, healthcare and video conferencing. Having integrated with Shopify, Magento and WordPress, its technology offers eCommerce sites a universal 3D shopping solution. With just a few lines of embed code, the company’s patent-pending platform offers the most technologically advanced 3D AR/AI technology anywhere.  NexTech’s ARitize™ eCommerce solution is a monthly SaaS subscription platform that enables retailers to transform 2D images into true 3D AR experiences. The company has created the AR industry’s first end-to-end affordable, intelligent, frictionless, scalable platform.

About Virtual Investor ConferencesSM
Virtual Investor Conferences is the leading proprietary investor conference series that provides an interactive forum for publicly-traded companies to meet and present directly with investors.

A real-time solution for investor engagement, Virtual Investor Conferences is part of OTC Market Group’s suite of investor relations services specifically designed for more efficient Investor Access.  Replicating the look and feel of on-site investor conferences, Virtual Investor Conferences combine leading-edge conferencing and investor communications capabilities with a comprehensive global investor audience network.

CONTACTS:

NexTech AR Solutions Inc.

Evan Gappelberg, CEO

1866-ARitize

info@nextechar.com

Virtual Investor Conferences

John M. Viglotti, SVP Corporate Services, Investor Access

OTC Markets Group

(212) 220-2221

johnv@otcmarkets.com

NexTech AR Expands Management Team as it Prepares for Hypergrowth

New York, NY – Toronto, ON ​– July 25, 2019 – ​NexTech AR Solutions Corp. (the “​Company​” or “​NexTech​”) ​(OTC: NEXCF) ​(​CSE: NTAR) (FSE:N29​) is a rapidly growing Augmented Reality (“AR”) technology company targeting three multi-billion-dollar verticals in the AR industry which all drive revenue from its Omni-platform called “ARitize”. As part of its growth plans the company welcomes two seasoned eCommerce managers, Artem Tokariev as eCommerce Managing Director and Artemio Moya as Brand-Product Sales Channel Director, respectively.

Both Artem and Artemio are currently busy building out sales channels, expanding lines and branding while automating NexTech’s current AR eCommerce platform in preparation for scaling revenue in Q4 2019, ahead of projected hypergrowth in 2020.   

Previously, Artem managed Huawei’s Direct-to-Consumer eCommerce business in the United States. Huawei is a multinational technology company with over $100 billion in revenue and over 300,000 employees globally. He was responsible for the  overall performance of the eCommerce business including growth, revenue and margin targets; managing the online customer acquisition, retention and loyalty programs; establishing integrated marketing plans to ensure targets are achieved for average order size, conversion and traffic goals; setting up yearly and quarterly operational plans and business reviews, forecasts and budgets to support demand generation and other marketing efforts. Artem has a Master’s Degree in Computer Science from the National Technical University of Ukraine.

“I strongly believe that the evolution of technology is one of staggering promise and opportunity. Augmented reality is fueling a new era in eCommerce that provides a totally new way for relationships between Brand and Consumer. I am glad to have joined the NexTech Team, bringing all my work experience to this new stage in the eCommerce evolution,”  comments Artem Tokariev. 

Artemio Moya has a 23 year career where he’s held numerous executive and management roles in Retail and eCommerce at major retailers like Nordstrom, Saks Fifth Avenue and Neiman Marcus. Artemio will work hand-in-hand with Artem overseeing all brand, product and sales channel expansions for NexTech. 

“AR technology is up and coming. It’s an invaluable tool that can and will help brands attract customers and followers. The opportunity to be involved at the forefront of such technology is very exciting!” comments Artemio Moya.

“We have built a talented, experienced and dedicated team of process and systems driven executives at NexTech that have laid a strong foundation which will support us through this next phase of hypergrowth. With our broad array of AR technology including 3D product capture, 3D ads for Facebook and Google, ‘Try it On’ technology for online apparel, 3D and 360-degree product views, and ‘one click buy’ plus our new eCommerce team, we are uniquely positioned to leverage our AR into new retail sectors, propelling our AR eCommerce division to rapid growth in 2020 and beyond.” comments Evan Gappelberg CEO of NexTech.

 

ARitize(™) For eCommerce:

The company launched its technologically advanced webAR for eCommerce early in 2019 and has been rapidly signing up customers onto its SaaS platform, with notable customer wins like Walther Arms, Wright Brothers, Mr. Steak, Budweiser and many more. NexTech has the first ​‘full funnel’ end-to-end eCommerce solution for the AR industry including its 3D product capture, 3D ads for Facebook and Google, ‘Try it On’ technology for online apparel, 3D and 360-degree product views, and ‘one click buy.’ ​With a web enabled AR solution, NexTech has eliminated the biggest friction point of AR, which was that a consumer first had to download an app to experience AR in eCommerce. 

Gartner reports 100 million consumers will shop in augmented reality online and in-store by 2020. NexTech is building out its AR and AI eCommerce offerings, which include using AI to create a guided and knowledgeable curator that can be programmed to be used for eCommerce or for education in the medical device market. 

AR Hollywood Studios

Expected to launch in Q4 2019, the studio has created a proprietary entertainment venue for which it is producing immersive content using augmented reality as the primary display platform. Heading up AR Studios is Paul Duffy, inventor of the human hologram and President of NexTech AR Solutions. Advising the AR Studio team is Barry Sandrew, Ph.D., a visual effects pioneer and serial entrepreneur who invented digital colorization of black and white movies, as well as a process for converting 2D feature films to 3D. The NexTech engineering teams in Dallas and Austin are building out the software that will drive both AR content creation and its distribution.       

ARitize(™) University

Having launched in June 2019, the app-based solution allows companies and educational establishments to leverage all of their existing 2D assets – YouTube videos, PDF documents, PowerPoint decks, images, etc. – and then overlay immersive 3D-AR experiences on top of that content for an interactive training experience that drives productivity. It also utilizes complex algorithms to recognize and relate content to each other, allowing it to create micro-learning courses and recommend relevant training content to each individual user. 

 

About The Company:

NexTech was incorporated in January 2018 and has an exclusive license to a portfolio of patents #7,054,831, #7,266,509 and patent-pending applications #15351508, #62457136, #62559487, related to interactive gaming, interactive advertising, and augmented reality (“AR”) technology. NexTech has a two-pronged strategy for rapid growth including growth through acquisitions as well as by bringing a next-generation web-enabled augmented reality (AR) platform with Artificial Intelligence (AI) and analytics to the Cannabis industry, eCommerce, education, training, healthcare and video conferencing. Having integrated with Shopify, Magento and WordPress, its technology offers eCommerce sites a universal 3D shopping solution. With just a few lines of embed code, the company’s patent-pending platform offers the most technologically advanced 3D AR/AI technology anywhere.  NexTech’s ARitize™ eCommerce solution is a monthly SaaS subscription platform that enables retailers to transform 2D images into true 3D AR experiences. The company has created the AR industry’s first end-to-end affordable, intelligent, frictionless, scalable platform. 

 

To learn more, please follow us on Twitter, YouTube, Instagram,LinkedIn, and Facebook, or visit our website: https://www.nextechar.com.

 

To see the Gartner Report, please visit: https://www.gartner.com/en/newsroom/press-releases/2019-04-01-gartner-says-100-million-consumers-will-shop-in-augme

 

On behalf of the Board of NexTech AR Solutions Corp.

Evan Gappelberg

CEO and Director

 

For further information, please contact:

Evan Gappelberg

Chief Executive Officer

info@nextechar.com   

 

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

 

Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, “will be”, “expected” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements regarding the use of proceeds, the AR Hollywood Studio launch date and consumer forecast for AR online shopping are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of NexTech to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. NexTech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

 

NexTech Announces Preliminary Fourth Quarter and Full Year Results; Company is Targeting 10X Revenue Growth in FY 2020

New York, NY – Toronto, ON ​– July 23, 2019 – ​NexTech AR Solutions Corp. (the “​Company​” or “​NexTech​”) ​(OTC: NEXCF) ​(​CSE: NTAR) (FSE:N29​) is a rapidly growing AR technology company targeting three multi-billion dollar verticals in the AR industry which all drive revenue from its omni-platform called “Aritize”. 

The company is pleased to announce its first preliminary fourth quarter and year-end results for the year ending May 31, 2019. Additional information and the company’s Management’s Discussion and Analysis and Financials may be found on the company’s website (www.nextechar.com) and on its SEDAR profile page.

Unaudited

Full first year-ending May 31, 2019; gross revenue of $1,632,196 with a gross profit of $787,464.

  • Company is targeting 10X revenue growth for calendar year 2020
  • Gross margin target for FY2020 towards 60-70% with more software revenues added to the mix
  • Company is targeting to be cash flow positive in the fourth quarter of calendar year 2019
  • Six new product launches targeted for September of 2019 and continuing quarterly into 2020, will continue to drive growth in its AR e-commerce division 

Unaudited quarterly results;

  • Fourth quarter gross revenue ending May 31, 2019; Revenue of $1,035,334, with gross profit of $525,776 or a 50.7% gross margin
  • Third quarter gross revenue ending February 28, 2019; Revenue of $531,185, gross profit of  $208,750 or a 39% gross margin
  • 6 months gross revenue ending November 30, 2018; Revenue of $65,677, gross profit of $52,938 or an 80% gross margin

Patent Update

NexTech was incorporated in January 2018 and has an exclusive license to a portfolio of patents #7,054,831, #7,266,509 and patent pending applications #15351508, #62457136, #62559487, related to interactive gaming, interactive advertising, and augmented reality (“AR”) technology. 

A Three Pronged Approach:

AR Hollywood Studios

 Expected to launch in Q4 2019, the studio has created a proprietary entertainment venue for which it is producing immersive content using augmented reality as the primary display platform. Heading up AR Studios is Paul Duffy, inventor of the human hologram and President of NexTech AR Solutions. Advising the AR Studio team is Barry Sandrew, Ph.D., a visual effects pioneer and serial entrepreneur who invented digital colorization of black and white movies, as well as a process for converting 2D feature films to 3D. The NexTech engineering teams in Dallas and Austin are building out the software that will drive both AR content creation and its distribution. 

        

Aritize(™) University

Having launched in June 2019, the app-based solution allows companies and educational establishments to leverage all of their existing 2D assets – YouTube videos, PDF documents, PowerPoint decks, images, etc. – and then overlay immersive 3D-AR experiences on top of that content for an interactive training experience that drives productivity. It also utilizes complex algorithms to recognize and relate content to each other, allowing it to create micro-learning courses and recommend relevant training content to each individual user. 

 Aritize(™) For eCommerce:

The company launched its technologically advanced webAR for e-commerce early in 2019 and has been rapidly signing up customers onto its SaaS platform, with notable customer wins like Walther Arms, Wright Brothers, Mr. Steak, Budweiser and many more. Nextech has the first ​‘full funnel’ end-to-end eCommerce solution for the AR industry including its 3D product capture, 3D ads for Facebook and Google, ‘Try it On’ technology for online apparel, 3D and 360-degree product views, and ‘one click buy.’ ​With a web enabled AR solution, Nextech has eliminated the biggest friction point of AR, which was that a consumer first had to download an app to experience AR in commerce. 

Gartner reports 100 million consumers will shop in augmented reality online and in-store by 2020. NexTech is building out its AR and AI eCommerce offerings, which include using AI to create a guided and knowledgeable curator that can be programmed to be used for eCommerce or for education in the medical device market. 

NexTech has a two pronged strategy for rapid growth including growth through acquisitions as well as by bringing a next-generation web-enabled augmented reality (AR) platform with Artificial Intelligence (AI) and analytics to the Cannabis industry, eCommerce, education, training, healthcare and video conferencing. Having integrated with Shopify, Magento and WordPress, its technology offers eCommerce sites a universal 3D shopping solution. With just a few lines of embed code, the company’s patent-pending platform offers the most technologically advanced 3D AR/AI technology anywhere.  NexTech’s ARitize™ eCommerce solution is a monthly SaaS subscription platform that enables retailers to transform 2D images into true 3D AR experiences.The company has created the AR industry’s first end-to-end affordable, intelligent, frictionless, scalable platform. 

 

To learn more, please follow us on Twitter, YouTube, Instagram,LinkedIn, and Facebook, or visit our website: https://www.nextechar.com.

 

On behalf of the Board of NexTech AR Solutions Corp.

Evan Gappelberg

CEO and Director

 

For further information, please contact:

Evan Gappelberg

Chief Executive Officer

info@nextechar.com   

 

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

 

Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, “will be”, “expected” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements regarding the use of proceeds, the AR Hollywood Studio launch date and consumer forecast for AR online shopping are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of NexTech to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. NexTech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

 

NexTech Closes on $1,589,500 in Management Led Round CEO Evan Gappelberg Invests $867,000

New York, NY – Toronto, ON – July 19, 2019 – NexTech AR Solutions Corp. (the “Company” or “NexTech”) (OTC: NEXCF) (CSE: NTAR) (FSE:N29) a rapidly growing technology and emerging growth company focused on bringing augmented reality (“AR”) to the masses is pleased to announce that it has closed its previously announced private placement of units and secured convertible debentures for an aggregate amount of $1,589,500. This aggregate amount is comprised of $264,399 worth of units, $985,500 worth of debentures and the previously announced first tranche closing of $339,600 worth of units The use of proceeds include increasing the sales team, pursuing M&A opportunities, and for general working capital purposes.

  • Evan Gappelberg- CEO and Director invested $867,000
  • Reuben Tozman- COO and Director $30,000
  • Paul Duffy- President invested and Director $7,000

Nextech is currently pursuing three multi-billion dollar verticals in the AR industry which all drive revenue from its omni-platform called “Aritize”.

 

AR Hollywood Studios

Expected to launch in Q4 2019, the studio has created a proprietary entertainment venue for which it is producing immersive content using augmented reality as the primary display platform. Heading up AR Studios is Paul Duffy, inventor of the

 

human hologram and President of NexTech AR Solutions. Advising the AR Studio team is Barry Sandrew, Ph.D., a visual effects pioneer and serial entrepreneur who invented digital colorization of black and white movies, as well as a process for converting 2D feature films to 3D. The NexTech engineering teams in Dallas and Austin are building out the software that will drive both AR content creation and its distribution.

 

Aritize(™) University

Having launched in June 2019, the app-based solution allows companies and educational establishments to leverage all of their existing 2D assets – YouTube videos, PDF documents, PowerPoint decks, images, etc. – and then overlay immersive 3D-AR experiences on top of that content for an interactive training experience that drives productivity. It also utilizes complex algorithms to recognize and relate content to each other, allowing it to create micro-learning courses and recommend relevant training content to each individual user.

 

Aritize(™) For eCommerce:

The company launched its technologically advanced webAR for e-commerce early in 2019 and has been rapidly signing up customers onto its SaaS platform, with notable customer wins like Walther Arms, Wright Brothers, Mr. Steak, Budweiser and many more. Nextech has the first ‘full funnel’ end-to-end eCommerce solution for the AR industry including its 3D product capture, 3D ads for Facebook and Google, ‘Try it On’ technology for online apparel, 3D and 360-degree product views, and ‘one click buy.’ With a web enabled AR solution, Nextech has eliminated the biggest friction point of AR, which was that a consumer first had to download an app to experience AR in commerce.

 

Gartner reports 100 million consumers will shop in augmented reality online and in-store by 2020. NexTech is building out its AR and AI eCommerce offerings, which include using AI to create a guided and knowledgeable curator that can be programmed to be used for eCommerce or for education in the medical device market.

 

Terms of Offering

The 449,665 units issued pursuant to the private placement each consist of one common share and one-half of one transferable common share purchase warrant of the Company. Each warrant entitles the holder to acquire one common share of the Company at an exercise price of $0.70 per share for a period of 24 months from the date of issuance, subject to accelerated expiry.

 

The $985,500 worth of secured debentures issued pursuant to the private placement bear interest at a rate of 9% per annum (non-compounded) and mature 36 months from the date of issuance. The principal amount of the debentures and accrued interest is payable by the Company to the holder in 12 quarterly payments. The principal will be repaid in 12 equal instalments to the holder, plus accrued interest up to the date of each instalment payment, with the first payment due six months after issuance and representing two of the 12 quarterly payments to be made by the Company. The Company also has the option to pay the amount due at each payment date in cash and/or common shares of the Company based on a conversion price of C$0.60 per share (the “Conversion Price”). In addition, the Company may, at any time, prepay all or a portion of the principal amount and interest outstanding under the debenture in cash and/or common shares (based on the Conversion Price) prior to the maturity date and all or a portion of such amounts becoming due under the debenture, subject to a 15% prepayment penalty payable in cash to the holder.

In connection with the issuance of the debentures, the Company also issued bonus warrants (the “Warrants”) to subscribers of debentures. These warrants have an exercise price of $0.70 per share and expire 24 months from the date of issuance, subject to acceleration.

 

About NexTech AR Solutions Corp.

NexTech has an exclusive license to a portfolio of patents #7,054,831, #7,266,509 and patent pending applications #15351508, #62457136, #62559487, related to interactive gaming, interactive advertising, and augmented reality (“AR”) technology.

NexTech has a two pronged strategy for rapid growth including growth through acquisitions as well as by bringing a next-generation web-enabled augmented reality (AR) platform with Artificial Intelligence (AI) and analytics to the Cannabis industry, eCommerce, education, training, healthcare and video conferencing. Having integrated with Shopify, Magento and WordPress, its technology offers eCommerce sites a universal 3D shopping solution. With just a few lines of embed code, the company’s patent-pending platform offers the most technologically advanced 3D AR/AI technology anywhere. NexTech’s ARitize™ eCommerce solution is a monthly SaaS subscription platform that enables retailers to transform 2D images into true 3D AR experiences.The company has created the AR industry’s first end-to-end affordable, intelligent, frictionless, scalable platform.

To learn more, please follow us on Twitter, YouTube, Instagram,LinkedIn, and Facebook, or visit our website: https://www.nextechar.com.

 

Early Warning and MI 61-101

Evan Gappelberg (c/o 349 Carlaw Ave, Suite 304, Toronto, Ontario M4M 2T1) announces that he has acquired $657,000 worth of secured convertible debentures (the “Debentures”) of the Company and 1,095,000 warrants of the Company.

Immediately prior to the foregoing transaction, Mr. Gappelberg owned and/or had control or direction over 6,625,000 common shares of the Company representing approximately 12.3% of the issued and outstanding shares of the Company at such time, on an undiluted basis, of which 3,850,000 shares were owned directly and 2,775,000 shares were owned through Atlas Capital Advisors, LLC, a private

company wholly owned by Mr. Gappelberg. In addition, Mr. Gappelberg owned 60,000 stock options and 175,000 share purchase warrants. If Mr. Gappelberg were to have exercised all of his stock options and warrants, he would have then owned and/or had control over 6,860,000 common shares of the Company, representing approximately 12.6% of the common shares of the Company on a partially diluted basis, assuming no assuming no further common shares of the Company had been issued.

As a result of the foregoing transaction, Mr. Gappelberg now owns and/or has control or direction over 6,625,000 common shares of the Company representing approximately 12.2% of the total issued and outstanding common shares of the Company on an undiluted basis. This represents an approximate 0.1% change in Mr. Gappelberg’s ownership of common shares of the Company on an undiluted basis. In addition, Mr. Gappelberg owns and/or has control over 60,000 stock options to purchase common shares of the Company, 1,270,000 share purchase warrants of the Company and $657,000 worth of Debentures. If Mr. Gappelberg were to exercise all of his stock options and warrants, and the Company were to convert all of the Debentures, he would then own and/or have control over 9,050,000 common shares of the Company, which would represent approximately 15.96% of the issued and outstanding common shares of the Company on a partially diluted basis, assuming no further common shares of the Company have been issued. This represents a 3.36% change in Mr. Gappelberg’s ownership of common shares of the Company on a partially diluted basis if Mr. Gappelberg were to exercise all of his stock options and warrants, and the Company were to convert all of the Debentures.

Mr. Gappelberg acquired the securities for investment purposes. Mr. Gappelberg may, depending on market and other conditions, increase or decrease his beneficial ownership of the Company’s securities, whether in the open market, by privately negotiated agreements or otherwise, subject to a number of factors, including general market conditions and other available investment and business opportunities.

The disclosure respecting Gappelberg’s shareholdings contained in this news release is made pursuant to Multilateral Instrument 62-104 and a report respecting the above acquisition will be filed with the applicable securities commissions using the Canadian System for Electronic Document Analysis and Retrieval (SEDAR) and will be available for viewing at www.sedar.com.

As insiders of NexTech participated in this Offering, it is deemed to be a “related party transaction” within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61- 101”). NexTech is relying on the exemptions from the formal valuation and minority approval requirements contained in Sections 5.5(a) and 5.7(1)(a) of MI 61-101, on the basis that the fair market value of the transaction does not exceed 25% of NexTech’s market capitalization. The Company will be filing a material change report in respect of the related party transaction on SEDAR less than 21 days prior to the closing of the transaction due to the fact that the Company wished to close the transaction as soon as practicable.

All securities issued are subject to a four-month hold period from the date of issuance. The securities offered have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

On behalf of the Board of NexTech AR Solutions Corp. “Evan Gappelberg

CEO and Director

For further information, please contact: Evan Gappelberg

Chief Executive Officer info@nextechar.com

The CSE has not reviewed and does not accept responsibility for the adequacy or

accuracy of this release.

Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, “will be”, “expected” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements regarding the use of proceeds, the AR Hollywood Studio launch date and consumer forecast for AR online shopping are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of NexTech to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. NexTech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by

applicable securities laws.

NexTech Lands AR eCommerce Deal with Touchstone Home Products

July 17th, 2019 – New York, NY – Toronto, ON – NexTech AR Solutions (the “Company” or “NexTech”) (OTCQB:NEXCF) (CSE:NTAR) (FSE:N29) is pleased to announce that it has entered into an agreement with Touchstone Home Products to ARitize™ its product line. NexTechAR and Touchstone Home Products, Inc. are launching a 6 product step-off into web-based AR experiences for e-retail, with future plans to fully ARitize the Touchstone Home Products, Inc. line of home furnishings, harnessing the power of conversion-boosting webAR experiences.

Frank Quinlisk, Touchstone Home Products Vice President of Marketing, explains, “Furniture shopping is a very tangible process. With NexTech AR technology, we are able to bring our TV Lift Cabinet and Fireplace showroom experiences to life. Online shoppers can view the TV lift cabinet or Electric Fireplaces from every angle and zoom in to see the quality construction up close. We are pleased to offer this in-depth product view to our customers who aren’t able to visit our showroom in person”.

NexTech’s ARitize™ eCommerce solution is a monthly software as a service (SaaS) software licensing and delivery model in which software is licensed on a subscription basis while being centrally hosted in the cloud. NexTech’s SaaS subscription platform enables companies like Touchstone to transform 2D images into true 3D AR experiences. Utilizing simple embed coding, NexTech’s browser-based technology eliminates the gap online shoppers feel between themselves and the product, allowing them to effectively try or place the product in their home before they buy it. 

“I am pleased that we are continuing to execute on our business plan of signing up customers to our SaaS subscription platform for our webAR e-commerce solutions, as every customer we sign up brings us one step closer to profitability” comments Evan Gappelberg, CEO of NexTech. “Our webAR product images and rotation capabilities are the best on the market and will enable buyers to fully examine and understand the product before they buy, similar to how they would experience in-store shopping. We’re excited to help Touchstone provide its customers with a one-of-a-kind immersive eCommerce experience.”

Gartner reports 100 million consumers will shop in augmented reality online and in-store by 2020. NexTech is building out its AR and AI eCommerce offerings, which include using AI to create a guided and knowledgeable curator that can be programmed to be used for eCommerce or for education in the medical device market. 

 

About NexTech AR Solutions Corp. 

NexTech has a two pronged strategy for rapid growth including growth through acquisitions as well as by bringing a next-generation web-enabled augmented reality (AR) platform with Artificial Intelligence (AI) and analytics to the Cannabis industry, eCommerce, education, training, healthcare and video conferencing. Having integrated with Shopify, Magento and WordPress, its technology offers eCommerce sites a universal 3D shopping solution. With just a few lines of embed code, the company’s patent-pending platform offers the most technologically advanced 3D AR/AI technology anywhere.  NexTech’s ARitize™ eCommerce solution is a monthly SaaS subscription platform that enables retailers to transform 2D images into true 3D AR experiences. The company has created the AR industry’s first end-to-end affordable, intelligent, frictionless, scalable platform. 

To learn more, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit our website: https://www.nextechar.com.

 

On behalf of the Board of NexTech AR Solutions Corp.
Evan Gappelberg
CEO and Director

 

For further information, please contact:

 

Evan Gappelberg

Chief Executive Officer

info@nextechar.com   

 

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

 

Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, “will be”, “looking forward” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements regarding the Company increasing investors awareness are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of NexTech to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. NexTech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

 

NEXTECH AR SOLUTIONS ENGAGES STOCKHOUSE FOR IR SERVICES

New York, NY – Toronto, ON – July 15, 2019 – NexTech AR Solutions Corp. (the “Company” or “NexTech”) (OTC: NEXCF) (CSE: NTAR) (FSE:N29) a rapidly growing technology and emerging growth company focused on bringing augmented reality (“AR”) to the masses is pleased to announce that it has engaged the services of Stockhouse.com to provide increased market awareness and investor relations services to the Company. Stockhouse is a financial portal with one of the largest communities of active investors in North America. It provides financial news, tools and information that enable its investor community to uncover and share opportunities on high growth investment sectors, market trends, small cap stocks and more.

Nextech is currently pursuing three multi-billion dollar verticals in the AR industry Aritize™ For eCommerce, Aritize™ University and AR Hollywood Studios, which all drive revenue from its omni-platform called “Aritize”. The company also owns a fast growing AR enhanced e-commerce business that is currently generating almost $400,000 per month in revenue with over 30% of that revenue being subscription revenue.

“We are looking forward to increasing investors awareness and working with the professional team at Stockhouse.com to showcase NexTech’s state of the art augmented reality technology to new investors in the technology industry” comments Evan Gappelberg CEO of Nextech.

“This is perfect timing for NexTech to partner with Stockhouse.com,” commented Justin Meiklem, Vice President of Marketing for Stockhouse Publishing. “We are seeing online investor activity building on what is already a very active summer in the markets, and NexTech’s business is relevant to technology and cannabis investors.”

About Stockhouse

With over 1 million unique visitors a month, Stockhouse is Canada’s #1 financial portal and one of North America’s largest small cap investor communities. Our members are smart, affluent investors actively researching stock and looking for new opportunities. Stockhouse.com is the global hub for investors to find relevant financial news, access expert analysis and opinion and share knowledge and information with each other.

About NexTech AR Solutions Corp.

NexTech is bringing a next generation web enabled augmented reality (AR) platform with Artificial Intelligence (AI) and analytics to the Cannabis industry, eCommerce, education, training, healthcare and video conferencing. Having integrated with Shopify, Magento and WordPress, its technology offers eCommerce sites a universal 3D shopping solution. With just a few lines of embed code, the Company’s patent-pending platform offers the most technologically advanced 3D AR, AI technology anywhere.  Online retailers can subscribe to NexTech’s state-of-the-art, 3D AR/AI SaaS platform. The Company has created the AR industry’s first end-to-end affordable, intelligent, frictionless, scalable platform.

To learn more, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit our website: https://www.nextechar.com.

On behalf of the Board of NexTech AR Solutions Corp.

Evan Gappelberg

CEO and Director

For further information, please contact:

Evan Gappelberg

Chief Executive Officer

info@nextechar.com 

Media contact:

Erin Hadden

FischTank Marketing and PR

ehadden@fischtankpr.com

The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, “will be”, “plans” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements regarding the use of proceeds of the Offering and the filing of a material change report are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of NexTech to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. NexTech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.