September 17, 2018 – Vancouver, British Columbia – NexTech AR Solutions Corp. (“NexTech” or the “Company”) is pleased to announce that it has signed a license agreement with GWN Events (“GWN”) for its ARitize™ App. With international reach, GWN is an expert in developing and managing innovative event experiences, from grassroots to the global stage. They own, produce, and execute events across North America. With multiple award-winning events in production, they are in relentless pursuit of the next great cutting-edge event idea.
“Using the ARitize™ augmented reality app we now have the ability to create fully immersive events under the GWN brand name with 3D objects, prizes and ongoing in app promotions creating a state of the art branding and marketing experience which can be continued to be used at home, which we simply could not do before” comments Aaron Soroka, Marketing Director of GWN.
“We’re excited to see GWN leverage our technology to build a new channel of communication out to its loyal fanbase. GWN is showing true innovation in its category and we’re excited to be a part of it” says Reuben Tozman, Director of NexTech.
NexTech is bringing augmented reality to the Cannabis market by turning 2D products into exciting 3D consumer experiences. NexTech is currently developing a proprietary and disruptive Augmented Reality (AR) advertising and education platform that uniquely engages by connecting brands and retailers through a fully immersive 3D AR experience called Native AR. NexTech launched its ARitize™ app in August 2018, which is capable of hosting many brands 3D objects and augmented reality experiences. NexTech also owns a large and diverse revenue generating App Portfolio that is deployed on the iTunes and Google plays store which it intends to ARitize™.
GWN Events is the full-service event management subsidiary of XMC Sports and Entertainment. The XMC family of companies includes GWN Dragon Boat, GWN Promotions, Sponsorship Canada, and Naming Rights Canada. From its humble beginnings over 25 years ago, GWN has grown to be the premier brand in the sport of dragon boating. What flourished from a small dragon boat production company is a team of event execution and marketing experts ready to put their knowledge and experience into the next great idea, through GWN Events
On behalf of the Board of NexTech AR Solutions Corp.
CEO and Director
For further information, please contact:
Chief Executive Officer
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”, or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements 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, level 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.