Nextech3D.ai shareholders of record set to receive a 4,000,000 share stock dividend
Nextech3D.ai shareholders of record set to receive a 4,000,000 share stock dividend
With access to a $400 million credit facility, Ratio is able to fund Nextech3D.ai Accounts Receivables With Zero dilution For The Foreseeable Future
The Company Hits Milestone Having Delivered to Amazon Over 20,000 3D Models
TORONTO, O.N, Canada – MAY 12, 2023 - Nextech3D.AI (formally “Nextech AR Solutions Corp” or the “Company”) (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers plans to release its First Quarter 2023 financial results after markets close on Thursday, May 18, 2023.
Subsequently, Nextech will host a conference call to discuss the First Quarter 2023 results on Thursday, May 18 at 5:00pm ET. Please join Evan Gappelberg, Chief Executive Officer and Andrew Chan, Chief Financial Officer to discuss these financial and operating results followed by a question and answer period.
Company is Seeing a Global Surge in the 3D Modeling Business
Generative AI is now giving Nextech3D.ai a Competitive Edge in 3D Model making for the $5.5 Trillion Ecommerce Market
TORONTO, O.N, Canada – May 2, 2023 - Nextech3D.AI (formally “Nextech AR Solutions Corp” or the “Company”) (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers announces the Company plans to release its First Quarter 2023 financial results after markets close on Thursday, May 18, 2023.
Subsequently, Nextech will host a conference call to discuss the First Quarter 2023 results on Thursday, May 18 at 5:00pm ET. Please join Evan Gappelberg, Chief Executive Officer and Andrew Chan, Chief Financial Officer to discuss these financial and operating results followed by a question and answer period.
Appoints New Independent Auditor, Davidson & Company LLP.
TORONTO, ON, Canada – April 17, 2023 - Nextech3D.ai (formally “Nextech AR Solutions Corp” or the “Company”) (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a generative AI-powered 3D model supplier for Amazon, P&G, Kohl's, and other major e-commerce retailers, announces that the Company plans to release its fiscal year 2022 and fourth quarter 2022 audited financial results after markets close on Thursday, April 20, 2023.
Breakthrough Generative AI Technology Gets Enhanced Feature Upgrades
TORONTO, O.N, Canada – April 12 , 2023 - Nextech3D.AI (formally “Nextech AR Solutions Corp” or the “Company”) (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers announces the Company plans to release its fourth quarter and annual audited 2022 financial results after markets close on Thursday, April 20, 2023.
TORONTO, O.N, Canada – April 11, 2023 - Nextech3D.AI (formally “Nextech AR Solutions Corp” or the “Company”) (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers is pleased to announce that CEO Evan Gappelberg will present on April 13, 2023 at OTC VirtualInvestorConferences.com Event.
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN
Company Continues to See A Rapid Sign Up New Users
Multiple New Enterprise Accounts Driving 2023 Sales Growth As Company Pushes Towards Going Cash Flow Positive
TORONTO, O.N, Canada – March 27, 2023 - Nextech3D.AI (formally “Nextech AR Solutions Corp” or the “Company”) (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers is pleased to announce that CEO Evan Gappelberg will present on March 29, 2023 at Virtual Investor Summit Microcap Event.
Toggle3D Gaining Traction in $160 Billion Global CAD-3D, Sees Adoption Accelerating in 2023
The Company is filing multiple pivotal patents for its game-changing Generative AI
Nextech3D.ai’s Game-Changing Generative AI Technology Enables Profit Margin Expansion & Peak Efficiency for Model Creation At Scale
New High-Tech App Expected to Drive Revenue in 2023 By Combining Artificial Intelligence and Augmented Reality
The Company has developed and launched game-changing artificial intelligence (AI) for the $5.5trillion dollar ecommerce industry accelerating the transition from 2D photos to 3D models
TORONTO, O.N, Canada – March 7, 2023 - Nextech AR Solutions Corp. (“Nextech3D.ai'' or the “Company”) (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), an Augmented Reality (AR), Artificial Intelligence-Powered 3D model supplier for Amazon and other major e-commerce retailers is excited to announce that it has rebranded to better reflect its current technology and business. As previously reported, the Company believes that its generative AI has given it a competitive edge and is driving the Company toward becoming cash-flow positive.
TORONTO, O.N, Canada – March 6, 2023 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), an Augmented Reality (AR), Artificial Intelligence (AI) and 3D model supplier for Amazon and other major e-commerce retailers and brands is pleased to announce that CEO Evan Gappelberg will present at the Emerging Growth Conference on March 8, 2023.
New ML & Computer Vision Reduces CAD file size by 95%
TORONTO, O.N, Canada – February 28, 2023 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), is an Artificial Intelligence powered 3D model supplier for Amazon and hundreds of other major e-commerce retailers and brands is pleased to announce that with the Company’s groundbreaking generative AI technology, Q1 2023 is currently tracking to be a record quarter for 3D modeling. The timing of record 3D modeling demand and record production capabilities on the back of its breakthrough generative AI is expected to drive record 2023 revenue for the 3D model business in ecommerce. The Company believes that as a preferred 3-D model supplier to Amazon, it is perfectly positioned to lead the $5.5 trillion dollar ecommerce market as it transitions from 2D photos to 3D models.
Evan Gappelberg, CEO of Nextech commented, “In addition to large enterprise customers like Amazon, Nextech continues to see a record number of new deals for 3D models from a variety of customers in Q1 2023. It’s due to this record demand in just the past 60 days that we anticipate Q1 2023 will exceed sales numbers from Q4 2022.” He continued, “These latest 3D modeling contracts continue to show accelerating global demand for 3D models due to the high ROI. The 3D model mega-trend is gaining even more traction in 2023, as the mass adoption of 3D models has really only just begun. Nextech is currently in discussions with major brands and retailers across the globe and we fully expect to land additional major enterprise multi-year contracts. These contracts represent an enormous amount of potential revenue for years to come but when combined with the millions of Amazon’s merchants who are starting to recognize the value of having 3D models, the demand growth along with our revenue growth becomes exponential”.
In February, Nextech AR announced a major generative artificial intelligence (AI) breakthrough in 3D model texture creation. The breakthrough enables the Company to recreate high-quality 4K textures at scale from just small digital swatches in just seconds versus hours of manual labor, representing a 720x increase in production speed. This breakthrough in texture expansion technology will revolutionize the 3D modeling industry and give Nextech a major competitive edge further solidifying its leadership position in the global 3D model space for ecommerce. The Company plans to file a patent in 2023 on this breakthrough technology.
TORONTO, O.N, Canada – FEBRUARY 16, 2023 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), an Augmented Reality (AR), Artificial Intelligence (AI) and 3D model supplier for Amazon and other major e-commerce retailers and brands is pleased to announce the Company has launched a new “Quad Typology Converter Upgrade” which positions Toggle3D to be an industry leading all-in-one platform for CAD to web 3D design. Today's upgrade enables users of the Toggle3D platform to now produce quad tessellations, which increases the overall quality of 3D models. This is also the preferred standard in the 3D modeling industry as this type of mesh produces higher quality models and allows for more control over the 3D model, and is particularly important for enterprise clients to meet quality standards. Toggle3D now enables the conversion, texturing, customizing and sharing of the highest quality 3D models at scale, using CAD files.
3D Modeling for $5.5 Trillion Global E-commerce Industry Taking Off as Generative AI is Driving Exponential Growth in Nextech’s Web3.0 Portfolio of Technologies
Generative AI is now giving Nextech a competitive edge and driving its transformation towards profitability and scale in the $100Billion 3D model for ecommerce market
TORONTO, O.N, Canada –February 8, 2023 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), an Augmented Reality, Metaverse Company and 3D model supplier for Amazon and other major ecommerce retailers and brands announced today that the Company will present at the OTC VirtualInvestorConferences.com on February 9, 2023.
Nextech AR Solutions invites individual and institutional investors, as well as advisors and analysts, to attend CEO Evan Gappelberg’s real-time, interactive presentation, showcasing Nextech’s generative AI, 3D modelling and AR wayfinding technologies. By leveraging AI, Nextech believes it has a competitive advantage in the $100billion 3D model for the e-commerce market. The company is able to quickly, easily, and affordably create vast quantities and varieties of 3D assets at scale making products, people and places ready for interactive 3D use, giving creators at every level all the essential tools they need to build out their digital AR vision.
DATE: Thursday, February 9, 2023
TIME: 12:00pm EST
LINK:https://bit.ly/3IWUew5
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.
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 News
Feb 7th - Nextech AR Achieves Major Generative AI Breakthrough in 3D Model Texture Creation
Feb 2nd - Nextech AR Announces Details of Generative AI IPO Spin-out Toggle3D
Jan 31st - Nextech AR Announces Closing of $3,000,000 Million Public Offering of Units
Jan 26th - Nextech AR’s AI-Powered CAD to Poly Toggle3D Launches Major Technology Advancements
The company has issued 400,000 3-year stock options under its stock option plan, at an exercise price of .80/share.
About Virtual Investor Conferences®
Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.To learn more, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit our website: https://www.Nextechar.com.
For further information, please contact:
Investor Relations Contact
Lindsay Betts
investor.relations@Nextechar.com
866-ARITIZE (274-8493) Ext 7201
Nextech AR Solutions Corp.
Evan Gappelberg
CEO and Director
866-ARITIZE (274-8493)
About Nextech AR
Nextech AR Solutions (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2) is a diversified augmented reality, AI technology company that leverages proprietary artificial intelligence (AI) to create 3D experiences for the metaverse. Its main businesses are creating 3D WebAR photorealistic models for the Prime Ecommerce Marketplace as well as many other online retailers. The Company develops or acquires what it believes are disruptive technologies and once commercialized, spins them out as stand-alone public Companies issuing a stock dividend to shareholders while retaining a significant ownership stake in the public spin-out.
On October 26, 2022 Nextech AR spun out its spatial computing platform, “ARway” as a stand alone public Company. Nextech AR retained a control ownership in ARway Corp. with 13 million shares, or a 50% stake, and distributed 4 million shares to Nextech AR Shareholders. ARway is currently listed on the Canadian Securities Exchange (CSE:ARWY), in USA on the (OTC: ARWYF) and Internationally on the Frankfurt Stock Exchange (FSE: E65). ARway Corp. is disrupting the augmented reality wayfinding market with a no-code, no beacon spatial computing platform enabled by visual marker tracking.
On December 14, 2022 Nextech AR announced its second spinout of Toggle3D, an AI-powered 3D design studio to compete with Adobe. Toggle3D is expected to be public in the first half of 2023. To learn more about ARway, visit https://www.arway.ai/
Forward-looking Statements
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” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as 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.
Generative AI is now giving Nextech a competitive edge and driving its transformation towards profitability and scale in the $100Billion 3D model for ecommerce market
Toggle3D is a SaaS Web based Studio Uses AI to Turn CAD files into Web3D Models at Scale, Disrupting the $11 Billion CAD Market
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE
UNITED STATES
TORONTO, O.N, Canada – January 26, 2023 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services is pleased to announce the launch of a major upgrade to its AI powered SaaS platform, Toggle3D, that enables the creation, design, configuration and deployment of 3D models at scale, using CAD files. In addition to the new modern look and design, the Company has launched an AI generated Physics Based Rendering (PBR) material creation tool which now allows for the scale of photorealistic materials. The Company believes that this new AI technology will accelerate signups for the platform.
TORONTO, O.N, Canada – January 20, 2023 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), is pleased to announce that Nextech AR CEO Evan Gappelberg will be presenting at the AlphaNorth Capital Conference on January 21, 2023. Nextech AR is a diversified augmented reality and AI technology Company that leverages proprietary artificial intelligence (AI) to create 3D experiences for the metaverse. Its main businesses are creating 3D WebAR photorealistic models for the Prime Ecommerce Marketplace as well as many other online retailers.
TORONTO, O.N, Canada – January 19, 2023 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services showcased its groundbreaking artificial intelligence (AI) powered Human Holograms technology, “ARitize Holograms”, at the International Association of Exhibitions and Events® (IAEE) Expo.
Nextech’s Generative AI Driving Exponential Growth For Portfolio of 3D/AR Technologies for Ecommerce
TORONTO, O.N, Canada – JANUARY 12, 2023 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services is pleased to report its preliminary annual growth in 3D modeling revenue surges over 266% compared to 2021.
Generative AI Driving Exponential Growth in Nextech’s Web3.0 Portfolio of Technologies for Ecommerce Enables Scaling 3D Model Production
TORONTO, O.N, Canada – December 16, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services is pleased to announce that its common shares are now trading on the OTCQX® Best Market. The OTCQX® Best Market is the highest market tier of OTC Markets on which 12,000 U.S. and global securities trade. Trading on OTCQX® Best Market will enhance the visibility and accessibility of the Company to U.S. investors. Nextech’'s common shares will continue to trade on the Canadian Securities Exchange under the symbol NTAR, and on the Frankfurt Stock Exchange under the symbol EP2.
Toggle3D is Nextech’s Second Spin-Out Following the Successful Debut of ARway
TORONTO, O.N, Canada – DECEMBER 13, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: EP2), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services today announced that the Company will present at the Emerging Growth Investor Conference on December 14, 2022.
Nextech AR Solutions invites individual and institutional investors, as well as advisors and analysts, to attend CEO Evan Gappelberg’s real-time, interactive presentation, showcasing Nextech’s 3D modelling and AR wayfinding technologies. Using breakthrough AI, Nextech AR is able to quickly, easily, and affordably create vast quantities and varieties of existing assets at scale making products, people and places ready for interactive 3D use, giving creators at every level all the essential tools they need to build out their digital AR vision in the Metaverse.
TORONTO, O.N, Canada – DECEMBER 8, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: EP2), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services announces that the Company will present today at the 16th annual Singular Research Best of the Uncovered Investor Conference.
Also Today December 7th, Join CEO Evan Gappelberg for a
Special Livestream Event
3D Ads Gaining Traction With Major Brands Represents Major New Revenue Potential
TORONTO, O.N, Canada – NOVEMBER 29, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: EP2), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services for ecommerce today announced that CEO Evan Gappelberg (the “Acquirer”) has purchased a total of 250,000 shares (the “Subject Shares”) through open market buys with an average purchase price of $.70/ USD or .95 CAD per share. This purchase increases CEO Evan Gappelberg’s ownership to 10,672,461. common shares.
Live Event Augmented Reality Wayfinding & XR Experiences Expected to Drive Triple Digit New Revenue Growth in 2023
TORONTO, ON Canada – November 17, 2022 – Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: EP2), a Metaverse Company and leading provider of augmented reality (“AR”) wayfinding technologies, and 3D model services for the largest prime ecommerce platform, reports its financial and operating results for the third quarter 2022 ended September 30, 2022. Please join Evan Gappelberg, Chief Executive Officer and Andrew Chan, Chief Financial Officer today after the close November 17, 2022 at 5:00 P.M where Nextech will host a conference call to discuss Q3 results.
Nextech’s Breakthrough AI is aiming to solve the multi-billion dollar 3D model supply problem
TORONTO, O.N, Canada – November 1, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services plans to release its third quarter 2022 financial results after markets close on Thursday November 17, 2022.
TORONTO, O.N, Canada – OCTOBER 27, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services is pleased to announce that the spin-out of ARway Corp., a no-code spatial computing platform for real-world metaverse is now complete.
TORONTO, O.N, Canada – OCTOBER 25, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services is pleased to announce that ARway’s Spatial Computing technology is now being used as part of the XR engine powering the music app: Encore. This application of the ARway platform opens up a substantial new market; providing AR spatial activations for the music industry. While the Company is focusing its spatial computing platform revenue generation towards AR wayfinding it is finding applications of its breakthrough technology in additional markets that are opening up entirely new revenue opportunities.
Expected ARway IPO Trade Date Now October 26th
TORONTO, O.N, Canada – October 14, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services is pleased to announce that it has now received Shareholder approval at the annual and special meeting of shareholders of the Company held on October 12, 2022 to proceed with its proposed plan of arrangement (the “Arrangement”) under the Business Corporations Act (British Columbia) to spinout the Company’s ARway platform and associated assets to Nextech’s wholly-owned subsidiary 1000259749 Ontario Inc. (“Spinco”). All as more particularly described in the management information circular of the Company in respect of the Meeting dated as of September 1, 2022 (the “Circular”), available on SEDAR at www.sedar.com.
TORONTO, O.N, Canada – October 13, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and 3D model services is pleased to announce a substantial enterprise customer order of $700,000 in 3D models to be delivered in Q4, 2022 and its unaudited preliminary third quarter 2022 results, ending September 30, 2022. These preliminary results show record sequential quarterly growth in 3D modeling revenue in Q3 and the rapid growth continuing in Q4.
TORONTO, O.N, Canada – October 12, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and 3D model services is pleased to announce the closing of multiple new 3D modeling deals for ecommerce, providing the Company with a rapidly growing base of ARR (annual recurring revenue) and MRR (monthly recurring revenue). The Company is experiencing rapidly accelerating demand for its state-of-the-art AI-powered ARitize 3D technologies. In addition, Map D has signed on with a number of event providers, furthering Nextech’s reach into the event technology space.
TORONTO, O.N, Canada – October 07, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, wayfinding technologies and 3D model services is pleased to announce that CEO Evan Gappelberg will present at the Emerging Growth Conference on October 12, 2022, discussing the Company’s involvement in 3D modelling for eCommerce and ARway, the augmented reality wayfinding platform for the real-world metaverse. The presentation will be webcast and an archived recording will be made available in the Investors' section of the Nextech AR website.
TORONTO, O.N, Canada – October 5, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) Wayfinding technologies and 3D model services for the largest Prime ecommerce marketplace as well as Kohl's, CB2, NAPA Automotive, and others is pleased to report that its 3D model production has jumped over 110% from Q2 2022 to Q3.
TORONTO, O.N, Canada – October 4, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) Wayfinding technologies, and 3D model services for the largest prime ecommerce platform announces that Evan Gappelberg, CEO will present live at VirtualInvestorConferences.com on Thursday, October 6th at 4 pm.
Nextech AR Solutions invites individual and institutional investors, as well as advisors and analysts, to attend Evan Gappelberg’s real-time, interactive presentation, showcasing ARway’s disruptive new augmented reality Wayfinding platform; and the Company’s rapidly scaling 3D models for ecommerce business with customers including; Kohls, CB2, NAPA Autoparts and many more.
TORONTO, O.N, Canada – September 29, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and 3D model services is pleased to announce it has released major upgrades and features to its SaaS ARitize Decorator product for e-commerce. ARitize 3D uses revolutionary AI technology to create high-quality 3D models at scale for the largest prime e-commerce marketplace. ARitize Decorator can be seamlessly integrated onto any e-commerce website acting as a software extension to Nextech’s ARitize 3D platform.. The Decorator works with ARitize 3D to turn those models into experiences by contextualizing their importance in the e-commerce journey.
Discussion includes: Ramping of 3D modeling for eCommerce,
ARway Spin-Out, Toggle3D
TORONTO, O.N, Canada – Sept 22, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and 3D model services is pleased to announce it has launched its groundbreaking Toggle3D, a new AI powered SaaS platform that enables the creation, design, configuration and deployment of 3D models at scale. The Company sees this launch as a major milestone on its way to becoming the dominant 3D model platform and looks forward to Toggle3D becoming a new high margin engine of growth.
To experience the beta platform and try the technology, please visit the Toggle3D website - click here
TORONTO, O.N, Canada – September 20th, 2022 - Nextech AR Solutions Corp. (“Nextech'' or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce that the Company has received a purchase order for 7,500 3D models with over 50% already delivered and the balance expected to be delivered in early Q4, 2022. This large enterprise order is a testament to the company's pioneering AI technologies and expertise at creating 3D models for ecommerce.This purchase order is only the first of a much larger significant and ongoing purchase order from this singular giant ecommerce marketplace. The company expects to announce additional add on orders from this multi-year transformational enterprise deal.
TORONTO, O.N, Canada – September 16, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and 3D model services for ecommerce is pleased to update its shareholders about the upcoming spin-off of ARway, a no-code spatial computing platform for the real-world metaverse. The ARway solution is set to disrupt indoor navigation with a no-code platform which doesn’t require any CAPEX (like installing indoor positioning beacons or bluetooth) to spatially map indoor spaces, all that is needed is a QR code to activate.
TORONTO, O.N, Canada – September 15, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and 3D model services is pleased to announce the appointment of Melea Guilbault as CEO of Map D, a wholly owned subsidiary of Nextech AR Solutions.
TORONTO, O.N, Canada – Sept 12, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and 3D model services is pleased to announce that CEO Evan Gappelberg will present at the Emerging Growth Conference on September 14, 2022, discussing the Company’s involvement in 3D modelling for eCommerce and ARway, the disruptive spatial mapping technology for the Metaverse. The presentation will be webcast and an archived recording will be made available in the Investors' section of the Nextech AR website.
TORONTO, O.N, Canada – September 8, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and 3D model services announces announce that CEO Evan Gappelberg will be presenting virtually at the H.C. Wainwright Global Investment Conference taking place online and in-person Sept 12-14, 2022 in New York City.
TORONTO, O.N, Canada – September 7, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and 3D model services is pleased to announce that its real world Metaverse spatial mapping platform, “ARway” will be featured at the upcoming Future Festival by TrendHunter.com, taking place in Toronto Canada from September 27-29, 2022. With 20,000,000 monthly views, TrendHunter.com is the world's largest, most popular trend community and leading trend research firm with their research and workshops helping over 900 brands, billionaires, and CEOs.
TORONTO, O.N, Canada – August 24, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and 3D model services is pleased to announce that ARway, a no-code spatial computing platform for the real-world metaverse, is now adopting LiDAR technology to create hyper accurate meshes for its metaverse spatial mapping software. This move to LiDAR technology enhances the ability of ARway to create high quality meshes and spatial mapping solutions, setting the stage for ARway’s have a leadership position in the rapidly-growing wayfinding and spatial computing market.
TORONTO, ON Canada – August 18, 2022 – Nextech AR Solutions Corp. (“Nextech”or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29) reports its financial and operating results for the second quarter 2022 ending June 30, 2022.
Subsequently, Nextech will host a conference call to discuss the results today, August 18, 2022 at 5:00 P.M. Eastern Time. Please join Evan Gappelberg, Chief Executive Officer and Andrew Chan, Chief Financial Officer to discuss these financial and operating results.
TORONTO, O.N, Canada – August 15, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and 3D model services is pleased to invite you to attend the Q3 Virtual Investor Summit, where Nextech AR’s CEO Evan Gappelberg will be attending and presenting about the Company’s involvement in 3D modeling for eCommerce and ARway, the disruptive spatial mapping technology for the Metaverse. The presentation will be webcast and an archived recording will be made available in the Investors' section of the Nextech AR website.
TORONTO, O.N, Canada – Aug 11, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and 3D model services is pleased to announce that the Company has signed numerous new 3D modeling deals throughout the month of July and early August, 2022.
TORONTO, O.N, Canada – Aug 9, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and 3D modeling services for ecommerce brands is pleased to announce the launch of it’s ARitize Configurator as a upgrade to the ARitize 3D app in Shopify. This launch further cements the company's leadership position by offering one integrated solution for Shopify merchants. To date, the ARitize 3D app for Shopify has had a 40% conversion rate with 312 downloads, and 124 merchants in a paid plan subscriptions. Adoption is growing in the Shopify community for 3D models, and it is anticipated that adding the Configurator option will only accelerate merchants' adoption.
TORONTO, O.N, Canada – Aug 3, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a metaverse Company and leading provider of augmented reality (“AR”) experience technologies and 3D model services is pleased to announce it has launched a major new technology advancement with AR Wayfinding into the events spaces as well as upgrades to its augmented reality spatial mapping platform, “ARway."
TORONTO, ON, Canada – August 2, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29) is pleased to announce that it has entered into an arrangement agreement dated effective July 29, 2022 with its wholly-owned subsidiary 1000259749 Ontario Inc. (“Spinco”) and a special purpose financing company, 1373222 B.C. Ltd. (“FinanceCo”). The Arrangement Agreement, a copy of which will be available under the Company’s profile on SEDAR, sets out the terms on which Nextech will complete a plan of arrangement (the “Arrangement”) under the Business Corporations Act (British Columbia) whereby the Company’s ARway platform and associated assets will be spun out to Spinco.
TORONTO, O.N, Canada – July 28, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, web3.0 and 3D model services announces that Evan Gappelberg, CEO will present live at VirtualInvestorConferences.com on Thursday, August 4th.
Nextech AR Solutions invites individual and institutional investors, as well as advisors and analysts, to attend Evan Gappelberg’s real-time, interactive presentation, discussing ARway; Nextech’s spatial computing platform, and the Company’s fast growing 3D model business.
TORONTO, O.N., Canada – July 26, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies, web3.0 and 3D model services plans to release its second quarter 2022 financial results after markets close on Thursday August 18, 2022.
TORONTO, O.N, Canada – July 19, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce the Company has launched upgrades to its augmented reality spatial mapping platform, “ARway.” As previously announced ARway is being spun out as a stand alone public company marking what the company believes will be the first publicly traded “pure play” spatial computing platform.
TORONTO, O.N, Canada – July 12, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce that the Company is now a 3D model supplier for the world’s largest Prime eCommerce marketplace. In addition to this significant achievement, in the past 45 days the Company has signed 17 new 3D modeling deals, continuing its rapid expansion and growth into Web 3.0 and creation of digital twins for eCommerce.
TORONTO, O.N, Canada – July 8, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce the Company has launched significant upgrades to its augmented reality spatial mapping platform, “ARway”, (previously referred to as ARitize Maps).
TORONTO, O.N, Canada – July 6, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce the Company's ARitize 3D WooCommerce app is now live and available. With this app going live, Nextech AR’s ARitize 3D SaaS offering for ecommerce extends the Company's 3D model creation services to WooCommerce merchants. This is a major expansion opportunity for Nextech AR’s ARitize 3D model making business for ecommerce as WooCommerce powers approximately 30% of all online stores.
TORONTO, ON, Canada – JULY 5, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29) announces today that after further consideration, it has determined to pursue a direct spinout of its ARitize Maps platform through a wholly-owned subsidiary of the Company (“Subco”). The transaction is currently anticipated to proceed by way of plan of arrangement (the “Arrangement”) pursuant to which the ARitize Maps platform and associated assets will be spun out into a new Subco, but will be subject to final tax and legal structuring considerations.
TORONTO, O.N, Canada – June 28, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce the signing of multiple deals in the events industry by the Map D division of Nextech AR for their self-serve event management software solution. The Map D software platform is experiencing an accelerating rate of growth, up 70% when compared to the first 6 months of 2021, and continues to expand rapidly with sales in new categories, combining integrations with Nextech’s Web3.0 technologies. The integration of these Web3.0 technologies is a game changer for the events industry and has led to a transformation of the Map D platform, accelerating its future revenue growth.
TORONTO, O.N, Canada – June 23, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce that Nextech AR Solutions CEO Evan Gappelberg and President and Chairman of the Board Paul Duffy will join the “NEXT SUPER STOCK Live!” event hosted by the Wall Street Reporter.
TORONTO, O.N, Canada - June 20, 2022 - Nextech AR Solutions Corp. (“Nextech'' or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce the closing of multiple new 3D modeling deals for ecommerce, providing the Company with a continually growing base of ARR (annual recurring revenue) and MRR (monthly recurring revenue). AR and 3D models have been proven to increase sales, decrease product returns, and improve advertising results, leading to potentially billions of dollars in value, and bottom line impact for the company's global brand clients which include Kohl’s, CB2, Crate and Barrel, NAPA Auto Parts and many others.
Join CEO Evan Gappelberg on the Wall Street Reporter’s NEXT SUPER STOCK livestream 1:00PM EST
Company is testing new spatial mapping technology
Nextech and PC 1 Corp. Enter into Binding Agreement to Complete Qualifying Transaction on the TSX-V
TORONTO, O.N, Canada – May 24, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services announced today that CEO Evan Gappelberg will be presenting at the H.C. Wainwright Global Investment Conference - May 23-26, 2022 in Miami Beach, Florida.
In the first 6 weeks of Q2 2022, the Company has exceeded all contracts signed in Q1 for 3D models
TORONTO, ON Canada – May 16, 2022 – Nextech AR Solutions Corp. (“Nextech”or the “Company”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29) reports its financial and operating results for the first quarter 2022 ending March 31st, 2022.
Subsequently, Nextech will host a conference call to discuss the results today, May 16, 2022 at 5:00 P.M. Eastern Time. Please join Evan Gappelberg, Chief Executive Officer and Andrew Chan, Chief Financial Officer to discuss these financial and operating results.
VANCOUVER, B.C., Canada – May 12, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services plans to release its first quarter 2022 financial results after markets close on Monday, May 16, 2022.
Adoption of Nextech AR and 3D models accelerating as ecommerce leaders seek competitive edge in challenging economy
Company maintains its primary listings on the CSE (NTAR) and OTCQB (NEXCF)
365 MetaMarketplace showcases Nextech’s 3D/AR technology to the entire foodservice and restaurant industry
TORONTO, O.N, Canada – May 3, 2022 - Nextech AR Solutions Corp. (“Nextech'' or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is is pleased to announce the closing of multiple NEW 3D model ecommerce deals. These deals provide the Company with a growing base of SaaS revenue and showcases the accelerating demand of Nextech's state-of-the-art ARitize 3D factory which is powered by AI. The Company has contracted to produce over 1500 3D models from these new deals alone, and is anticipating closing additional new deals and seeing rapid growth in demand in the ecommerce market.
TORONTO, O.N, Canada – April 28, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce it has signed an ARitize 3D contract for 3D modeling and custom decorator with a major auto parts distributor, Genuine Parts Company.
TORONTO, ON., Canada – April 26, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services today announced that Evan Gappelberg, CEO will present live at the prestigious European ESCP Business School International Event - From Challenges to Opportunities In An Interconnected World - on Wednesday, April 27th.
TORONTO, B.C., Canada – April 20, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is excited to announce the public launch of its Metaverse app, ARitize Maps. This app is an all-in-one Metaverse creation tool, and the first end-to-end Metaverse mapping solution for consumers and brands alike. New features of the app included with the launch are augmented reality mapping, localization, and easy drag and drop of AR content, including navigation and the ability to view 3D Models in a user's created map. The full release follows the successful beta testing launch in February 2022.
Watch a video preview of ARitize Maps:
Download the app
Apple iOs - click here
Google Play Store - click here
Create your own Metaverse!
ARitize Maps Tutorial - click here
ARitize Maps Demo - click here
Livestream Details
Nextech AR Solutions CEO Evan Gappelberg, and President and Chairman of the Board Paul Duffy will present today at the “NEXT SUPER STOCK Live!” event hosted by the Wall Street Reporter. They will discuss the Company’s planned Metaverse Experience Builder platform which combines the ARitize Maps mobile application with a web based Creator Portal.
TORONTO, O.N, Canada – April 19, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce the Company's ARitize 3D BigCommerce App is now live and available. With this App going live, Nextech’s ARitize 3D SaaS offering for ecommerce, extends the Company's 3D model creation capabilities to BigCommerce merchants. This App seamlessly provides BigCommerce merchants with the software needed to sell effectively online, with a frictionless one click integration for 3D model making. Nextech has already integrated with Shopify earlier this year, and will integrate with WooCommerce within the next 30 days. As demand for 3D models rises exponentially, the Company also plans to partner with Magento and other ecommerce platforms throughout 2022, continuing to rollout its third party SaaS integration and providing its ARitize 3D modelling solution to millions of ecommerce merchants globally.
This integration of the Company’s 3D and AR SaaS offerings in one login portal marks a major milestone with substantial SaaS revenue implications
Also Presenting Today at WSR Next Super Stock LIVE!(OTCQB:NEXCF) (CSE: NTAR)
Using its Next Generation ARitize CPG Solution, Now Available Across Canada
TORONTO, ON, Canada – April 8, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce the signing of a unique deal with Bothwell Cheese which uses Nextech’s ARitize CPG to place a QR code triggered and floor anchored hologram on their cheese labels. This experience can be found on 5 Bothwell Cheese products distributed at all major retailers and independent stores across Canada such as Whole Foods Market, Save-On-Foods, Sobeys, Federated Co-op, Longos, Loblaws and more.
TORONTO, O.N, Canada – April 6, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce the Company has filed four pivotal non-provisional utility patents with respect to its Aritize 3D and ARitize CAD products for 3D model making, further strengthening the Company’s intellectual property position. Fenwick & West represented Nextech AR in the filings.
TORONTO, O.N, Canada – April 5, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services announces that Nextech AR Solutions CEO Evan Gappelberg will present at the “NEXT SUPER STOCK Live!” event hosted by the Wall Street Reporter.
Nextech AR invites individual and institutional investors, as well as advisors and analysts, to attend Evan Gappelberg’s livestream presentation.
Livestream Details
TORONTO, ON, Canada – March 31, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services today announced that Evan Gappelberg, CEO will be participating in the Lytham Partners Spring 2022 Investor Conference taking place virtually on April 4-7, 2022.
DATE: Monday, April 4, 2022
TIME: 11:00am ET
LINK: https://wsw.com/webcast/lytham4/nexcf/2193116
TORONTO, ON., Canada – March 30 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services today announced that Evan Gappelberg, CEO will present live at VirtualInvestorConferences.com on Thursday, April 7th.
Nextech AR Solutions invites individual and institutional investors, as well as advisors and analysts, to attend Evan Gappelberg’s real-time, interactive presentation.
DATE: Thursday, April 7, 2022
TIME: 11:30am ET
LINK: https://bit.ly/3qe7F0M
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.
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
Nextech 3D and AR Solution Give Brands Competitive Advantage in $5 Trillion Global E-Commerce Industry
Toronto, ON Canada – March 22, 2022 – Nextech AR Solutions Corp. (“Nextech”or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29) reports its financial and operating results for the full year and fourth quarter 2021 ending December 31st, 2021.
Subsequently, Nextech will host a conference call to discuss the results today, March 22nd, 2022 at 6:00 P.M. Eastern Time. Please join Evan Gappelberg, Chief Executive Officer and Andrew Chan, Chief Financial Officer to discuss these financial and operating results followed by a question-and-answer period.
Winners will receive an exclusive NFT
VANCOUVER, B.C., Canada – March 15, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies plans to release its fiscal year 2021 and fourth quarter 2021 audited financial results after markets close on Tuesday, March 22, 2022.
Today March 8th Participation in the Q1 Virtual Investor Summit
Create a human hologram in minutes using only a smartphone, no green screen or special equipment required
3D Sales Growing Rapidly As Demand For 3D/ ARExpands Into A Variety Of Different Industries
eTail is where the top minds in retail meet, collaborate and learn about what's disrupting the industry
With ARitize Swirls ecommerce sites can now easily showcase products with immersive 3D banners leading to a higher conversion
ARitize Social Swirl offers ecommerce site owners an easy and integrated way to launch social media 3D/AR filters on SNAP, META, and Instagram
Company to supply its 3D modeling and AR visualizations technology to leading Asian ecommerce marketplace SHOPLINE
Kmart Australia is scaling its AR for ecommerce offering with 500 NEW Homeware 3D/AR models
VANCOUVER, B.C., Canada – February 2, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is excited to announce the launch of its beta metaverse app, ARitize Maps. This app is an all-in-one metaverse creation studio, and the first end-to-end metaverse mapping solution for consumers and brands alike. With the launch of ARitize Maps the company is continuing to expand its ARitize Studio by offering yet another frictionless and seamless solution for everyone to enter the metaverse.
Sign up for ARitize Maps Beta - click here
VANCOUVER, B.C., Canada – February 1, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce it has received an initial order and signed a partnership agreement with B2B technology platform and marketplace DesignerInc. The deal will leverage Nextech’s ARitize CAD 3D modeling solution for furniture manufacturers, creating 3D models at scale from CAD files. This B2B partnership represents a substantial MRR (monthly recurring revenue) opportunity for Nextech as it leverages its ground-breaking ARitize CAD solution and virtual showroom ARitize Decorator to DesignerInc’s network of over 1,500 furniture manufacturers, representing a potential demand for hundreds of thousands of 3D models.
VANCOUVER, B.C., Canada – January 27, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce the Company's Shopify App is now live and available. With this App going live, its ARitize 3D SaaS offering for ecommerce, extends the Company's 3D model creation capabilities to Shopify merchants. This App provides Shopify merchants with a frictionless and seamless one click integration for 3D model making as more ecommerce businesses are looking for 3D models at an affordable price and at scale.
VANCOUVER, B.C., Canada – January 25, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies is pleased to announce that it has closed its previously announced private placement of its common shares (“Common Shares”) and warrants to purchase Common Shares (“Warrants”) with a single institutional investor for gross proceeds of approximately CAD $10 million (the “Private Placement”). Pursuant to the Private Placement, the Company issued 8,130,082 Common Shares and Warrants to purchase up to an aggregate of 8,130,082 Common Shares at a purchase price of CAD $1.23 per Common Share and associated Warrant. Each Warrant entitles the holder to purchase one Common Share at an exercise price of CAD $1.54 for a period of three years following the issuance date.
VANCOUVER, B.C., Canada – January 25, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is excited to announce that it has joined The Khronos® Group as a Contributor member, an open consortium of pioneering companies creating advanced standards in 3D, Augmented Reality (AR) and Virtual Reality (VR), and Metaverse. Alongside other major players in the tech industry, joining Khronos affirms Nextech as a key player and thought leader in the metaverse and 3D modeling industry. Within this group of leading retailers, manufacturers, and technology companies in a groundbreaking collaboration, Nextech reasserts its ongoing commitment to playing an active role in developing consistent guidelines and standards for Metaverse content creation ranging from Ecommerce to Higher Education.
VANCOUVER, B.C., Canada – January 21, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services, is pleased to announce that it has entered into a securities purchase agreement for a private placement of its common shares (“Common Shares”) and warrants to purchase Common Shares (“Warrants”) with a single institutional investor for gross proceeds of approximately CAD$10 million (the “Private Placement”). Pursuant to the Private Placement, the Company will issue 8,130,082 Common Shares and Warrants to purchase up to an aggregate of 8,130,082 Common Shares at a purchase price of CAD$1.23 per Common Share and associated Warrant. Each Warrant will entitle the holder to purchase one Common Share at an exercise price of CAD$1.54 per Common Share for a period of three years following the issuance date.
Everyone can now use ARitize 3D to turn their 2D products into
3D/AR Visualizations
Company’s 3D Model Factory Now Mints 3D models into NFT’s Listed on Rarible and OpenSea
VANCOUVER, B.C., Canada – January 6, 2022 - Nextech AR Solutions Corp. (“Nextech'' or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce the signing of multiple CAD to POLY deals across a variety of industries including Jacuzzi Brands LLC and Ford Motor Company (NYSE: F). With this announcement the Company is validating its proprietary CAD-Poly 3D modelling technology called ARitize CAD. The Company believes that it’s CAD- Poly technology is a game changer for the manufacturing industry, as they now have a viable solution to convert large CAD files into lightweight 3D models at affordable prices and at scale.
ARitize CAD is Nextech’s patent pending technology, enabling the conversion of CAD files into 3D AR models at scale at a price and quality that it believes is best in class. CAD is a function of product engineering. Industrial designers, working for product manufacturers, use CAD software like AutoCAD, and SolidWorks to design many of the products in the modern world. Now, using ARitize CAD, those files can be converted to 3D/AR models with the creation of photo realistic, fully textured 3D models from raw CAD models and reference images. This technology creates optimized 3D meshes that are suitable for 3D and AR applications.
To learn more, please read: Turning 3D CAD Designs into CGI Ready 3D Models Automatically.
The use of CAD files is ubiquitous across manufacturing verticals including; automotive, aerospace, industrial machinery, civil and construction, electrical & electronics, pharmaceutical, healthcare, consumer goods and others. According to BIS Research, the CAD market, quantified by the amount spent on the creation of CAD files, is $11 billion dollars by 2023.
With the mass adoption of 3D models underway, Nextech is seeing a variety of companies from different industries that are implementing its ARitize CAD technology to create a large number of 3D/AR models at scale. This is evidenced through Nextech’s recent customer wins. These companies are highlighting their products in a new way, using technology to increase engagement in the emerging metaverse, and ultimately drive more sales.
ARitize CAD was only recently launched and has already signed notable customers including; Collingwood Lighting Ltd a lighting manufacturer, Jacuzzi Brands LLC, through its subsidiaries, is a global manufacturer and distributor of branded baths, hot tubs, pools, saunas and Ford Motor Company (NYSE: F) an American multinational automobile manufacturer - The two FORD models that have been created are the 2021 Ford Mustang Mache-E, and the 2021 Ford Escape SE Plug-in Hybrid.
See video below
Company is seeing rapidly growing demand for Its 3D Modeling and AR Visualization Solutions in Ecommerce
VANCOUVER, B.C., Canada – January 11, 2022 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce that it will exhibit at the upcoming NRF 2022: Retail’s Big Show to showcase its ARitize 3D solution for ecommerce. Retail’s Big Show will have the biggest names in retail such as Walmart, Nordstrom, Best Buy, PepsiCo Foods, IBM, Macy’s, McDonald’s, Ralph Lauren, Foot Locker, Microsoft, Target, and more.
VANCOUVER, B.C., Canada – December 23, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce the signing of multiple AR ecommerce deals across a variety of industries. By leveraging its AI powered 3D model factory, ARitize 3D, the Company has expanded its 3D for ecommerce business into winter sports equipment, ultra-specialized furniture markets, eyewear, consumer goods, handbags and more highlighting the range of specialty assets that ARitize 3D can create.
Nextech AR CEO, Evan Gappelberg commented, “It really feels like the whole world is going 3D - and I believe that the mass adoption of 3D models has started. Since the launch of ARitize 3D in October - we have signed over 60 new accounts which have cumulatively purchased thousands of 3D models and as our upcoming January 15th Shopify integration goes live we expect that demand will only increase. This is a big validation of our efforts, and showcases our 3D/AR tech stack as a true disrupter in the emerging multi-billion dollar 3D model market. He continues “ With our AI and CAD powered 3D model factory, I believe that we have the highest quality, lowest cost, most scalable solution anywhere. Currently, all signs are pointing to 2022 being a breakout year for everything 3D!”
With the mass adoption of 3D models underway, Nextech is seeing a wide variety of companies from different industries that are implementing its 3D/AR models to showcase their products. This is evident through Nextech’s recent customer sign ups for ARitize 3D, (see below). These companies are now offering their customers an immersive, engaging shopping experience, which has been proven to result in higher click-through rates, higher conversions, and decreased returns.
Ultra-Specialized Furniture
VANCOUVER, B.C., Canada – December 22, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies today announced that CEO Evan Gappelberg has purchased a total of 50,310 shares through open market buys 12/17/2021 to 12/20/2021 with an average purchase price of $1.00 USD or $1.29 CAD per share. This purchase increases CEO/Founder Evan Gappelberg’s ownership to 10,099,589 common shares. The Company is also providing an update with respect to various corporate matters as set forth below.
As Omicron Variant Emerges, Company Sees Uptick In Its Virtual Events Business
VANCOUVER, B.C., Canada – December 20, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce it will host a livestream event tomorrow, December 21, to discuss its new 3D virtual events platform, the pandemic implications for the virtual events business, and the Metaverse.
Speaking live:
VANCOUVER, B.C., Canada – December 17, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce that CEO Evan Gappelberg will present the Company’s Metaverse solutions at the “Metaverse Platforms & Avatars” virtual event today, December 17.
Hosted by the VR/AR Association (VRARA), the event will showcase a full day of disruptive ideas and ground-breaking insights, innovations, and technologies by bringing together the most revolutionary minds and companies. Featuring representatives from Microsoft, Snap, HTC Vive, Google, and more, this high-profile event will provide Nextech with the opportunity to present its end-to-end Metaverse offering to a substantial attendee list as well as the opportunity for 1-on-1 networking with other speakers and VIP attendees.
Event Details
Date: Friday, December 17, 2021
Speaker: Nextech AR CEO, Evan Gappelberg
Presentation time: 1:00pm EST
Registration Link: https://hopin.com/events/metaverses-and-avatars/registration
Nextech has undergone transformative growth in 2021, ultimately rebranding as a Metaverse company to better align with its vision and technology stack. With a full suite of integrated products, Nextech is positioned to capitalize on the Metaverse economy as one of the only end-to-end Metaverse solutions. The Company’s notable ARitize Metaverse Studio is the platform that allows customers to not only create a mini-metaverse environment through spatial mapping, but also populate that mini-metaverse with AR content including human holograms, 3D AR products, AR wayfinding, AR advertisements, and more.
Announced in a recent press release, Nextech’s ARitize Metaverse Studio is currently available as a managed service but is expected to be launched as a SaaS solution in early Q1 2022, bringing all of Nextech’s solutions together into one, easy to use, web-based studio. Nextech’s customers can access all their 3D assets, compose AR experiences, and publish them into the Metaverse in any format. In ARitize Metaverse Studio, customers can manage 3D/AR content and point cloud maps, which are used for localization. It also gives users the ability to update these point cloud maps and 3D/AR content in their application in real-time. ARitize Metaverse Studio will assist in managing and creating mini-metaverse environments such as shopping malls, airports, museums, university campuses, and more.
Nextech AR CEO Evan Gappelberg commented, “The Metaverse is a trillion dollar opportunity that big tech has recognized. Countless companies have all joined the Metaverse revolution and are looking for innovative companies like Nextech and others to provide 3D and AR solutions. I’m looking forward to presenting at the VRARA event and showcasing our unified Metaverse platform that integrates Nextech’s entire suite of AR solutions. We are a small cap company that has the tech stack of a large cap - and I believe we are one of the only, if not the only true end-to-end Metaverse solutions, giving us a first mover advantage.”
Nextech is currently a member of the VRARA, along with notable companies such as Microsoft, Unity, Meta, Intel, Google and many more.
About the VRARA
The VR/AR Association (VRARA) is an international organization designed to foster collaboration between solution providers and end-users that accelerates growth, fosters research and education, helps develop industry best practices, connects member organizations and promotes the services of member companies.
Latest News from Nextech:
Dec 9 - Nextech AR, Microsoft, and Ryerson to Present at “The Metaverse & Augmented Reality Labs” Event with Technology And Edtech Partners
Dec 8 - Nextech AR Integrates with Coinbase Commerce, Now Accepting Cryptocurrency as Payment Method
Nov 30 - Nextech AR Launches ARitize 3D SaaS Offering For Ecommerce
Nov 18 - Nextech AR Launches Major 3D Metaverse Upgrade To Its Events Platform
Nov 16 - Nextech AR Rebrands as a Metaverse Company
New Platform Fee Expected to add $760,000 in Annual Revenue
Nextech’s Augmented Reality Lab Builder for the Metaverse, is now available in the Microsoft Marketplace
VANCOUVER, B.C., Canada – December 9, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce it will be presenting with Microsoft and Ryerson University at “The Metaverse & Augmented Reality Labs: The Future of Learning'' event today, December 9, 2021, followed by a Q&A question.
Company accepting major Cryptocurrencies; Bitcoin, Ethereum, Litecoin, and USD Coin
VANCOUVER, B.C., Canada – December 8, 2021 - Nextech AR Solutions Corp. (“Nextech'' or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce that the Company is now accepting major cryptocurrencies as an optional form of payment, giving customers increased flexibility. The company believes that Crypto economies are the next emerging market and that Crypto will be a major payment method in the Metaverse.
VANCOUVER, B.C., Canada – December 7, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services today announced that CEO Evan Gappelberg has purchased a total of 72,656 shares through open market buys from 12/2 -12/6 with an average purchase price of $1.10 USD / $1.40 CAD per share.
This purchase increases CEO Evan Gappelberg's ownership to 10,049,279 common shares.
Additionally, select members of senior management of Nextech AR purchased an aggregate of 37,000 shares through open market buys over the last several weeks. Andrew Chan, Nextech AR Chief Financial Officer purchased 17,000 shares through open market buys ranging from $1.29 CAD to $1.54 CAD/share ($1.01 to $1.20 USD/share); and members of senior management purchased an aggregate of 20,000 shares through open market buys ranging from $1.32 CAD to $1.41 CAD/share ($1.03 to $1.10 USD/share).
Nextech AR CEO Evan Gappelberg comments “I continue to invest and buy more shares because I’m extremely excited about the Metaverse and our business prospects within the Metaverse, and don’t believe that our current share price reflects the upside potential of our businesses. The Metaverse opportunity is new, exciting and huge to most companies, but we have been working on it for the past few years which gives us what I believe is a head start. We are starting to see business momentum in our 3D and AR product offerings as more and more brands and companies are beginning to recognize this massive opportunity. Just recently, companies like Facebook, Epic Games, Microsoft, Unity, Nike, Adidas, Budweiser, and more have all joined the Metaverse revolution and are looking to companies like Nextech and others to provide 3D and AR solutions. As we continue to innovate and roll out new product offerings that fit into the Metaverse narrative I'm very optimistic about our growth in 2022 and beyond. I’m investing today because I see many years of strong forward growth ahead, primarily in our expansive ARitize technology stack, which includes; ARitize Metaverse Studio, ARitize 3D, ARitize Ads, ARitize CAD, ARitize Decorator, ARitize Holograms, ARitize CPG, ARitize labs, ARitize University, ARitize Event 3D, ARitize Portals, ARitize Concerts, ARitize Capture, ARitize Play".
VANCOUVER, B.C., Canada – November 23, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce that it has appointed Jeff Dawley to the Company's Board of Directors and as the Chair of the Audit Committee.
Mr. Dawley holds a Chartered Professional Accountant designation from Ontario, Canada, a Certified Public Accountant and Certified Information Technology Professional designation from Illinois, USA and a Chartered Global Management Accountant designation, recognized in the UK and USA.
Jeff Dawley commented on his appointment, “I’m looking forward to joining Nextech AR during such an exciting time of growth for the Company and the augmented reality industry as a whole. With decades of experience in financial services, compliance and cybersecurity, I will help guide the company while it continues to execute on its long-term initiative.”
Evan Gappelberg, CEO of Nextech AR commented, “We are pleased to have Jeff as the Chair of the Audit Committee for Nextech, and to utilize his extensive technology experience and financial background to fuel the ongoing growth of our company. Our Company is in a transformative period of growth as we push towards the Metaverse, and his experience in particular with start-ups like ourselves, will assist us in reaching our ultimate vision. On behalf of Nextech, I would like to welcome him to the team and the Company looks forward to his leadership.”
About Jeff Dawley:
In 2018, Jeff co-founded Cybersecurity Compliance Corp. to address a communication gap in the cybersecurity space. The Cybersecurity Pulse™ solution provides board members and non-IT executives with a complete view of their cybersecurity environment, while equipping IT professionals with a framework-based assessment and roadmap for future improvements.
Before devoting his career to helping SMEs better understand their cybersecurity environment Jeff worked in finance and technology across a broad spectrum of Canadian and international organizations. Over 25 years Jeff has benefited from exploring many industries including financial services, mining, information processing, manufacturing and professional services. His career has seen him operate as a CFO for 10 years with both publicly listed and private companies, as well as 5 years as a CTO/CIO, responsible for all aspects of information management and technology.
VANCOUVER, B.C., Canada – November 18, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse Company and leading provider of augmented reality (“AR”) experience technologies and services is pleased to announce the integration of Nextech’s redesigned virtual events platform, now rebranded as “ARitize Events 3D''. With this integration, immersive virtual events are now available as part of its growing suite of metaverse solutions. “ARitize Events 3D '' is now able to showcase 3D products seamlessly with its existing suite of Augmented Reality solutions, creating a first of its kind metaverse event platform.
“ARitize” New Naming For Its Suite Of Augmented Reality Solutions
VANCOUVER, B.C., Canada – November 11, 2021 – Nextech AR Solutions Corp. (“Nextech”or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29) reports its financial and operating results for the third quarter 2021 ending September 30th, 2021. Subsequently, Nextech will host a conference call to discuss the third quarter results on November 11th, 2021 at 9:00 A.M. Eastern Time. Please join Evan Gappelberg, Chief Executive Officer and Andrew Chan, Chief Financial Officer to discuss these financial and operating results followed by a question-and-answer period.
Three Month Q3 Financial Highlights:
VANCOUVER, B.C., Canada – November 9, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services is proud to announce its plans to launch its SaaS Metaverse Studio SDK enabling its customers to create their own metaverses. Once launched, this unified Metaverse Studio will give the Company what it believes is a first mover advantage in the race to bring the Metaverse to the masses. As part of this launch a significant upgrade to the current ARway Studio is the interoperability of our Metaverse Studio with all Metaverse platforms including Meta’s AR Spark Studio, Snap’s Lens Studio, Apple’s Reality Composer and more.
VANCOUVER, B.C., Canada – November 8, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies plans to release its third quarter 2021 financial results before markets open on Thursday, November 11, 2021.
VANCOUVER, B.C., Canada – November 3, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies is pleased to announce that it has closed its previously announced private placement of its common shares (“Common Shares”) and warrants to purchase Common Shares (“Warrants”) with institutional investors for gross proceeds of approximately CAD $5 million (the “Private Placement”). Pursuant to the Private Placement, the Company issued 3,030,304 Common Shares and Warrants to purchase up to an aggregate of 1,515,152 Common Shares at a purchase price of CAD $1.65 per Common Share and associated one-half of one Warrant. Each whole Warrant entitles the holder to purchase one Common Share at an exercise price of CAD $1.92 for a period of three years following the issuance date.
VANCOUVER, B.C., Canada – November 1, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services, is pleased to announce that it has entered into a securities purchase agreement for a private placement of its common shares (“Common Shares”) and warrants to purchase Common Shares (“Warrants”) with institutional investors for gross proceeds of approximately CAD$5 million (the “Private Placement”). Pursuant to the Private Placement, the Company will issue 3,030,304 Common Shares and Warrants to purchase up to an aggregate of 1,515,152 Common Shares at a purchase price of CAD$1.65 per Common Share and associated Warrant. Each Warrant will entitle the holder to purchase one half of one Common Share at an exercise price of CAD$1.92 per whole Common Share for a period of three years following the issuance date.
H.C. Wainwright & Co. is acting as the exclusive placement agent for the Private Placement.
The net proceeds of the Private Placement will be used by the Company for working capital and general corporate purposes, including, without limitation, acquisitions of assets used in the Company’s business and strategic transactions and/or acquisitions. No securities were offered or sold to Canadian residents in connection with the Private Placement. The Private Placement is expected to close on or about November 3, 2021, subject to satisfaction of customary closing conditions.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. The securities referred in this news release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, (the “U.S. Securities Act”), or any U.S. state securities laws, and such securities may not be offered or sold within the United States or to any U.S. person absent registration under U.S. federal and state securities laws or an applicable exemption from such U.S. registration requirements. “United States” and “U.S. person” have the respective meanings ascribed to them in Regulation S under the U.S. Securities Act.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
For further information, please contact:
Bradley Gittings
investor.relations@nextechar.com
To learn more, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit our website: https://www.nextechar.com.
About Nextech AR
Nextech develops and operates augmented reality (“AR”) platforms that transports three dimensional product visualizations, human holograms and 360° portals to its audiences altering e-commerce, digital advertising, hybrid virtual events (events held in a digital format blended with in-person attendance) and learning and training experiences. Nextech focuses on developing AR solutions however most of the Company’s revenues are derived from three e-Commerce platforms: vacuumcleanermarket.com (“VCM”), infinitepetlife.com and Trulyfesupplements.com. VCM and product sales of residential vacuums, supplies and parts, and small home appliances which are sold on Amazon.
Forward-looking Statements
This press release contains "forward-looking information" and may also contain statements that may constitute "forward-looking statements", collectively “forward-looking information”, within the meaning of applicable Canadian securities legislation. Such forward-looking information is not representative of historical facts or information or current condition, but instead represent the beliefs and expectations regarding future events about the business and the industry and markets in which the Company operates, as well as plans or objectives of management, many of which, by their nature, are inherently uncertain. Generally, such forward-looking information can be identified by the use of terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". Forward-looking information contained herein may include but is not limited to, references to the completion of the Private Placement on the terms currently proposed or at all, any future acquisitions and the timing thereof and the use of proceeds of the Private Placement. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, general market conditions, availability of financing, regulatory approvals and the results of the Company’s operations. Forward-looking information is not a guarantee of future performance and involve risks, uncertainties and assumptions which are difficult to predict. Accordingly, readers should not place undue reliance on forward-looking information, which are qualified in their entirety by this cautionary statement. The Company does not undertake any obligation to release publicly any revisions for updating any voluntary forward-looking information, except as required by applicable securities law.
VANCOUVER, B.C., Canada – October 29, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies has announced that it has engaged the services of Stockhouse.com to provide increased market awareness to the Company. With 1 million+ unique visitors per month, Stockhouse is Canada’s largest financial portal and one of North America’s largest small cap investor communities. 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.
In conjunction with this engagement, Nextech has issued an aggregate of 69,518 common shares to Stockhouse at a deemed price of $1.87 per share (the “Shares”), in consideration for the provision of services by Stockhouse valued at $130,000. The Shares will be subject to a statutory hold period expiring on March 1, 2022.
Now Scaling 3D AR Model Creation To Asia, The World’s Largest
B2C Ecommerce Market
VANCOUVER, B.C., Canada – October 19, 202 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services previously announced that it had changed its auditor from DMCL LLP (the "Former Auditor") to Marcum LLP (the "Successor Auditor"), effective September 29, 2021 (the "Effective Date"), this notice is to provide an update about the conclusion of this matter.
VANCOUVER, B.C., Canada – October 13, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services, is proud to announce the launch of its “mini-metaverse” at “Harmony at London Wall Place” in the City of London. The City of London Metaverse is powered by Nextech’s ARway spatial mapping technology and software development kit (SDK).
VANCOUVER, B.C., Canada – September 29, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF; NEO & CSE: NTAR; FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and other services, today announced that at the Company’s request Marcum LLP (“Marcum”) has been appointed as the Company’s new independent auditor effective today, September 29, 2021. Marcum’s retention follows the resignation of Nextech’s former auditor, DMCL LLP (“DMCL”), at the Company’s request.
VANCOUVER, B.C., Canada – September 21, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services is providing an update to shareholders and invites its shareholders to a Proactive Livestream event today at 1pm EST.
VANCOUVER, B.C., Canada – September 14, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services has announced it has launched its groundbreaking CAD to POLY solution. The Company is now incorporating into its services a technology to create optimized 3D meshes that are suitable for 3D and AR applications. Due to the global CAD market being dominated by large manufacturers from; automotive, aerospace, industrial machinery, civil and construction, electrical & electronics, pharmaceutical, healthcare, consumer goods and others, the company believes that this technology gives the company a first mover advantage in the (according to BIS Research) $11 billion dollar CAD market and expands its augmented reality business beyond ecommerce.
Nextech AR CEO Evan Gappelberg, and CTO Nima Sarshar, joined proactive investors to discuss the news. Watch here or view below:
The Company has filed a provisional patent covering the conversion of CAD files into 3D models. CAD to 3D model conversion capability implies drastically improved scalability associated with Nextech's 3D models for ecommerce, with the creation of photo realistic, fully textured 3D models from raw CAD models and reference images.
VANCOUVER, B.C., Canada – September 8, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services announces that its AR for ecommerce offering will be generally available as a self service SaaS offering in early October, 2021. The company believes that this will be the first true self-service AR SaaS platform which will be affordable for all ecommerce sites, democratizing augmented reality for large and small ecommerce businesses alike.
VANCOUVER, BC - Canada - August 26th, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services, is pleased to announce that it has closed the previously announced acquisition of U.K. based spatial computing company ARWAY Ltd. (“ARway”) in an all-stock transaction and will hire key founders Baran Korkmaz and Nikhil Sawlani. This acquisition provides Nextech AR with a spatial mapping platform critical to building “mini-metaverses”, which the Company is actively pursuing and believes is a market opportunity as big as the metaverse itself.
VANCOUVER, B.C., Canada – August 24, 2021 - Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services is proud to announce that they are an early access partner for the Google 3D AR Search Program. With this, Nextech AR will grant exclusive early access of the 3D search program to its current Threedy.ai customers, which include some of the world’s largest furniture retailers - Pier 1, Lighting Plus and Kmart Australia. With Nextech 3D generated models showing up in Google’s 3D AR Search Program, brands can now expect to see their products as organic search results on Google.
For more background and information on Google’s 3D/AR Search initiative, please click here.
Threedy.ai is a scalable 3D model creation platform powered by artificial intelligence, where customers can build their 3D product catalog and build immersive customer journeys. 3D models are created from 2D photos through Nextech AR’s proprietary AI technology and hosted on the cloud. Threedy.ai has built a disruptive end-to-end solution which syndicates and scales thousands of 3D visualizations to Google Search, Google Ad Network and Web AR for Ecommerce.
“3D is becoming an integral part of the online customer journey. 3D/AR experiences are now powering search and discovery, and immersive shopping experiences like virtual try-ons for fashion. 'See it in Your Space' with AR for home furnishing are taking product engagement to the next level. Threedy.ai is an essential 3D creation platform that automates and scales 3D asset creation. Working with Nextech AR customers, we will be able to build a significant catalog of 3D products that will be indexed for Google Search, and will power our own WebAR/3D and Ad Networks,” says Nima Sarshar CTO of Visual Computing & AI.
Google has been committed to making 3D/AR an integral part of search and shopping experiences. For certain innovative brands, including those powered by Nextech AR, anyone can now place 3D digital objects right in their own space directly from mobile Google search results. According to Internet Live Stats, Google now processes over 3.5 billion searches per day and 1.2 trillion searches per year worldwide. With more than 90 percent market share as of June 2021 (Statistica), Google has dominated the search engine market.
“Nextech AR is building solutions that connect our customers to billions of people around the world through our AI technology and special partnerships with Google. We are thrilled to work with innovative brands who are focused on digital transformation of their e-Commerce business with AR shopping. The building blocks for mass adoption of Augmented Reality are taking place,” says Evan Gappleberg, CEO Nextech AR.
On behalf of the Board of Nextech AR Solutions Corp.
Evan Gappelberg CEO and Director
For further information, please contact:
info@nextechar.com
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About Nextech AR
Nextech develops and operates augmented reality (“AR”) platforms that transports three-dimensional (“3D”) product visualizations, human holograms and 360° portals to its audiences altering e-commerce, digital advertising, hybrid virtual events (events held in a digital format blended with in-person attendance) and learning and training experiences.
Nextech focuses on developing AR solutions however most of the Company’s revenues are derived from three e-Commerce platforms: vacuumcleanermarket.com (“VCM”), infinitepetlife.com (“IPL”) and Trulyfesupplements.com (“TruLyfe”). VCM and product sales of residential vacuums, supplies and parts, and small home appliances sold on Amazon.
Forward-looking Statements
The CSE and the NEO have not reviewed and do 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” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as 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.
VANCOUVER, B.C., Canada – August 19th, 2021 – NexTech AR Solutions Corp. (“NexTech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality for eCommerce, AR learning applications, AR-enhanced video conferencing and virtual events, today announced the advancement of its next generation Ad technology with its integration with SNAP, Facebook and Instagram broadening the companies 3D/AR ad reach..
SAMPLE 3D Google Ads:
3D/AR Furniture Advertisement (Table) - View Here
3D/AR Beverage Advertisement (Don Julio) - View Here
3D/AR Furniture Advertisement (Office Chair) - View here
3D/AR Apparel Advertisement (Motif) - View Here
3D/AR Furniture Advertisement (Table Chair) - View Here
With this announcement NexTech’s customers can now tap not only into Google’s immense network, as previously announced on August 16th, but also into social media applications SNAP, Facebook and Instagram, delivering engaging and streamlined 3D ads. This expansion capability gives the company the ability to tap into the full spectrum of audiences across the web and social media which set’s the company up for success as it rolls out it’s 3D/AR ad network capabilities. According to research from Statista, SNAP has 293 million daily active users, Instagram Stories have 500 million daily active users, and Facebook has 1.9 billion daily active users. This integration provides Nextech AR customers access to a vast audience of daily active users worldwide.
NexTech CEO Evan Gappelberg commented on this product enhancement. “We are now fully positioned to take advantage of the fastest growing segment in the AR industry 3D/AR advertising. With SNAP, Facebook Instagram and as previously announced our ability to deliver 3D/AR ads into the Google Display Network we now can reach a global ad audience of any demographic. With our ability to create 3D content at scale now combined with this global audience reach I believe we are perfectly positioned to accelerate our advertising revenue in the AR space ”, said Gappelberg.
ARtillery Intelligence has released a new report that projects mobile AR revenue to grow from $3.9 billion in 2019 to $21.02 billion in 2024. Enterprise productivity is the leading revenue category in 2020 ($2.58 billion), followed by AR advertising ($1.41 billion) and consumer in-app purchases ($1.38 billion)
To learn more about NexTech’s productions and solutions, please visit NexTech AR Ad Network at https://www.nextechar.com/ar-ad-network
About NexTech AR
NexTech develops and operates augmented reality (“AR”) platforms that transports three-dimensional (“3D”) product visualizations, human holograms and 360° portals to its audiences altering e-commerce, digital advertising, hybrid virtual events (events held in a digital format blended with in-person attendance) and learning and training experiences.
NexTech focuses on developing AR solutions however most of the Company’s revenues are derived from three e-Commerce platforms: vacuumcleanermarket.com (“VCM”), infinitepetlife.com (“IPL”) and Trulyfesupplements.com (“TruLyfe”). VCM and product sales of residential vacuums, supplies and parts, and small home appliances sold on Amazon.
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:
investor.relations@Nextechar.com
Forward Looking Statements
The NEO 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.
VANCOUVER, B.C., Canada – August 17th, 2021 – NexTech AR Solutions Corp. (“NexTech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality for eCommerce, AR learning applications, AR-enhanced video conferencing and virtual events, today announced the launch of its next generation Ad technology.
Q2 Financial highlights:
Revenue for the three months ended June 30th, 2021 is $6.1 million an increase of over 73% compared to the three months ended June 30th, 2020 of $3.5 million.
Gross profit for the three months ended June 30th, 2021 is $2.3 million an increase of over 6% compared to the three months ended June 30th, 2020 of $2.2 million.
NexTech cash on hand as of June 30th, 2021 is $15.4 million.
For the six months ended June 30th, 2021 revenue increased 130% to $13.8 million, compared to the same six months period last year, while gross profit increased 59% to $5.6 million over the same period.
On June 25, 2021, the Company acquired 100% of the shares of Threedy.ai Inc, an AI-based end-to-end platform used to produce 3D augmented reality models, accelerating our delivery time to customers.
Guest Speaker will be Baran Korkmaz, CEO-Founder of spatial computing company ARway.
Vancouver B.C. – August 11, 2021 – Nextech AR Solutions Corp. (“Nextech'' or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality (AR) for eCommerce, AR learning applications, AR-enhanced video conferencing and virtual events, is pleased to announce that Nextech AR CEO, Evan Gappelberg and ARway CEO-Founder, Baran Korkmaz, will be attending a special Proactive Investors Livestream for a discussion about the Metaverse and Nextech AR’s acquisition of spatial based computing company ARWAY Ltd. This acquisition provides Nextech with a spatial mapping platform critical to building the Metaverse.
Livestream Details
Date: Wednesday, Aug 11, 2021
Time: 12:30 PM Eastern Time (US and Canada)
Topic: Evan Gappelberg and Baran Korkmaz discuss Nextech AR’s acquisition of ARway
Register here: https://zoom.us/webinar/register/WN_cR37tJ0aTDC_te7R51wjqw
Vancouver, B.C., Canada –August 10th, 2021 – Nextech AR Solutions Corp. (“Nextech”) (OTCQB: NEXCF) (NEO: NTAR) (FSE: N29) is pleased to announce that it has signed a definitive agreement under which Nextech will acquire U.K. based spatial computing company ARWAY Ltd. (“ARway”) in an all-stock transaction and hire the key founders Baran Korkmaz and Nikhil Sawlani. This acquisition provides Nextech with a spatial mapping platform critical to building the Metaverse. Through Unity, optimized for Google and Apple, and by using AI to recognize surroundings for hyper-accurate location mapping, ARway provides users an Augmented Reality Software Kit (SDK) to frame the digital world in a few minutes.
Facebook, Epic Games, Microsoft and others have all identified the Metaverse as the future of the internet and computing itself. This acquisition positions Nextech as a first mover in what it’s calling a ‘mini-metaverse’. Evan Gappelberg, CEO of Nextech AR Solutions comments, “We think that the mini-metaverse business use case is here to stay, and the implications for future growth are significant. Nextech's mini-metaverse offering will be available to brands and companies that want to create mini-metaverses based on a geolocation like museums, corporate headquarters, theme parks, sports stadiums, University Campuses and more. We can scan these spaces with ARway’s technology and drop in AR experiences that are triggered based on geolocation, making for a fully immersive Metaverse experience. The mini-metaverse is the first step toward universal mapping, a concept that while not a reality today, is a future inevitability. Nextech's mini-metaverse offering will enable people to experience the multiverse as it increasingly becomes a normal part of everyday life.”
The ARway SDK combines robust mapping technologies for location persistent AR experiences across ARkit, ARcore and Microsoft Azure Spatial Anchors, delivered on cross-platforms Unity today, Unreal, Android Studio or Xcode/Swift soon, to unlock true spatial computing within a single toolkit for iOS, Android and Hololens. ARway has been creating persistence location experiences such as indoor navigation, guided tours, treasure hunts and many more with its No-code platform and has developed an ecosystem with over 1000+ developers, having created 3D maps in over 60 countries, with notable customers such as the British Telecom, Bosch, AirAsia, HCG Hospital, The City of London and the Guildhall School of Music and Drama, Nomtek.
Click below to view the demo video:
VANCOUVER, B.C., Canada – August 5th, 2021 – Nextech AR Solutions Corp. (“Nextech'' or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality (AR) for eCommerce, AR learning applications, AR-enhanced video conferencing and virtual events, is pleased to announce that it has begun integration of its mixed reality (MR) solution HoloX, a human hologram application into HoloLens2 which is expected to be available in September 2021. This implementation will support gesture controls across HoloX's UI and UX, allowing for users to navigate the application through eye-tracking and hand gestures.
Click below to view the demo video:
University to increase to its AR lab offerings to students by 70% creating largest AR lab offering in education.
VANCOUVER, B.C., Canada – August 3rd, 2021 – Nextech AR Solutions Corp. (“Nextech'' or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality for eCommerce, AR learning applications, AR-enhanced video conferencing and virtual events, is pleased to announce that Ryerson University, a globally recognized leader in Higher Education with over 46,000 students have ordered an additional thirty five augmented reality labs for its biology, chemistry and biochemistry departments. Once the additional labs are complete, which is expected to happen in 2021 Ryerson University Faculty of Science will have one of the largest known augmented reality immersive learning programs in the world.
These new labs are in addition to the fifty labs developed for the 2020/2021 school year and the further AR labs produced through the RALE AR Lab Builder Program, a Government of Ontario Initiative in Partnership with Ryerson University and Nextech AR and will be available province-wide to institutes of higher education in 2022.
View a video sizzle reel of the augmented reality science labs: View Video
About EdTechX
The use of AR for education institutions is made available through the Company’s EdTechX platform. Built on Microsoft Azure and available on the Azure marketplace as a “Co-sell Ready” partner, EdTechX enables educational institutions to transform traditional learning and event formats into valuable, immersive digital experiences that higher education students are seeking. EdTechX combines digital branded spaces with enterprise scale video streaming, augmented reality holograms and real-time data analytics. “Co-sell” status enables joint selling opportunities with Microsoft and access to their global education customers.
The KEY benefits of the AR labs:
● New functionality of labs include mistake driven learning modules -allowing students to make mistakes in simulation and get real-time feedback before performing the actual lab.
● Non-linear experiences allow students to explore in the AR labs based on their own exploration, ie. Rat Dissection, Flower Dissection.
● Creation of new ‘modular-like’ labs explaining common laboratory techniques that are cross-functional in chemical and biochemical analyses.
● Interactive learning allows students to form memories based on emotional impact. The actual AR seeks to trigger the feeling of presence of the lab/experience so that students are more engaged.
● The AR Labs allow for users to repeat the experiment at their own convenience, which is a key function when learning new concepts. This is also a cost-efficient solution for higher education institutions that reduces the waste of resources.
● AR allows for visual communication of complicated chemical analyses equipment. (Behind the scenes look of how the machines actually work) allowing students to learn the abstract theory superimposed on top of the equipment visually.
● The AR Labs have been developed in tandem with instructors and industry experts to ensure that the content is driven in both an academic and professional capacity.
Evan Gappelberg, CEO of Nextech, comments “we are thrilled to see the hard work we have done in creating AR labs for students in partnership with Ryerson result in such a hugely positive response from both students and faculty. We have developed not just an immersive AR learning platform but also a unique business model for Nextech with a credit system where one credit is equivalent to one AR lab which costs $5000 each. He continues “Once the AR labs are created along with the AR Lab Builder Program, through a Government of Ontario Initiative in Partnership with Ryerson University and Nextech, all AR labs built will be available province-wide to institutions of higher education in 2022. We are extremely excited and gratified to be working with both Ryerson and the government to bring immersive learning experiences to Canadian students''.
Direct Student Quotes - Biochemistry, Winter 2021 Labs:
What did you like about the AR for Experiment 1?
● “The experiment was very detailed; it was as if I was there in the lab watching someone perform the experiment. The gel electrophoresis explanation was thorough enough to grasp the concept of how to perform one properly.”
● “It helps you get a proper visualization of the steps of the experiment.”
● “It was really realistic and useful for me to picture the steps of the experiment being a visual learner.”
Post-pandemic, assuming you are back on campus, do you see a role for RALE in your undergraduate lab?
● “This could be used for pre-lab talks to explain certain techniques and procedures. This could also be offered as an extra resource for students writing lab reports to re-doing certain steps at home to better understand the lab. And most importantly, for students that have missed a lab, this would provide the students with a visual experience so that reports can be done properly even if they weren't present.”
● “It could be potentially used for more complicated or dangerous labs that the school would want to show to students for demonstration or surgery purposes as well.”
● “I can see this being useful to prepare for labs. Getting to see the equipment and an overview of what is going to happen in the lab would be very helpful for visual learners that have not done the technique before.”
Evan Gappelberg
investor.relations@Nextechar.com
Using LiveX (Digital Experience Platform) FENEX has created a digital marketplace for manufacturers, distributors, retailers with B2B and B2C buyers.
VANCOUVER, B.C., Canada – July 30th, 2021 – Nextech AR Solutions Corp. (“Nextech'' or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality for eCommerce, AR learning applications, AR-enhanced video conferencing and virtual events, is pleased to announce the closing of a multi-event deal for the fenestration industry using Nextech’s LiveX platform with FENEX worth approximately $185,000. This event will reach over 30,000 people in the home improvement sector and will introduce a new Digital Marketplace where consumers can interface, try new products via Augmented Reality and get educated on home improvement options with top UK vendors like Deceuninck, ODL Europe, Vbh, Brisant and Gqa Qualifications.
FENEX is the fenestration sector's (Fenestration refers to all openings in the building envelope, including curtain walls, windows, doors and skylights) first virtual exhibition platform powered by LiveX. It is designed to bring together the entire supply chain, FENEX has created a digital marketplace for manufacturers, distributors, retailers with B2B and B2C buyers. FENEX has also signed a strategic partnership to resell Nextech’s Augmented Reality solutions to the home remodeling and builder’s community.
This On-Demand Digital Marketplace is a showcase of Nextech’s solution to support and connect buyers and sellers in a B2B environment. The marketplace solution activates new opportunities for B2B industry ecosystems through opportunities for engagement and exposure. Nextech empowers organizations to accelerate their digital transformation through seamlessly brokering new connections online. Clients’ products and services will gain visibility to a targeted audience leading to improved business opportunities. Nextech strives to elevate the customer journey and create value for businesses by increasing traffic, boosting retention, and driving conversions through augmented reality and its digital experience platform LiveX.
On September 8th-10th, 2021, FENEX is hosting a virtual trade show, career fair and consumer marketplace event for builders and experts in the windows, doors, and skylights (https://fenex.co.uk/attend/ )
Lee Clarke, CEO of FENEX comments:
“When many of the major home improvement shows are canceling events, FENEX has been able to innovate by partnering with Nextech AR Solutions to advance hybrid and virtual events to bring manufacturers, buyers and sellers together into digital marketplaces. Our vision is to continue to scale these marketplaces to other high growth sectors.”
Evan Gappelberg, CEO of Nextech comments:
“We value highly strategic ecosystem builders like FENEX who are developing the digital marketplaces of the future for high growth sectors leveraging Nextech’s Augmented Reality and LiveX platforms. We believe that digital product demos will become a standard in sectors like home improvement, where buyers can engage with technical products from every angle with step-by-step instructions in 3D.”
Evan Gappelberg, CEO
investor.relations@nextechar.com
To learn more, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit our website: https://www.Nextechar.com.
About Nextech AR
Nextech develops and operates augmented reality (“AR”) platforms that transports three-dimensional (“3D”) product visualizations, human holograms and 360° portals to its audiences altering e-commerce, digital advertising, hybrid virtual events (events held in a digital format blended with in-person attendance) and learning and training experiences.
Nextech focuses on developing AR solutions however most of the Company’s revenues are currently derived from three e-Commerce platforms: vacuumcleanermarket.com (“VCM”), infinitepetlife.com (“IPL”) and Trulyfesupplements.com (“TruLyfe”). VCM and product sales of residential vacuums, supplies and parts, and small home appliances sold on Amazon.
About FENEX
FENEX is the fenestration sector's first virtual exhibition platform. Designed to bring together the entire supply chain from top to bottom, creating a bridge between the sector and the public. With a team that has vast experience in media, marketing and online business marketing, the idea of FENEX was born, long before the Covid pandemic brought this type of expo into the limelight. FENEX was an inevitability that Covid brought forward. In simple terms, it is easy to attend, generates viable leads and is extremely cost effective as a marketing tool that will bring a business greater reach. Removing costly travel bills with the ability to create qualified leads from your office is making this virtual trade show extremely attractive. It is flexible, with a more diverse range of exhibitors and attendees ensure that there are larger online audiences.
Today, key decision makers consider that virtual events, such as FENEX, are a huge resource that bring fast payback. https://fenex.co.uk/
Forward-looking Statements
The NEO 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.
Vancouver, B.C., Canada – July 28th, 2021 – Nextech AR Solutions (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), plans to release its second quarter 2021 financial results after markets close on Wednesday, August 11th, 2021. Subsequently, Nextech will host a conference call to discuss the second quarter results on August 12th, 2021, at 1:00 p.m. Eastern Time. Please join Evan Gappelberg, Chief Executive Officer and Andrew Chan, Chief Financial Officer to discuss these financial and operating results followed by a question-and answer period.
NFT market surged to new highs in the second quarter, with
$2.5 billion in sales
VANCOUVER, B.C., Canada – July 20th, 2021 – Nextech AR Solutions Corp. (“Nextech'' or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of Augmented Reality (“AR”) solutions and services, is pleased to announce that Evan Gappelberg CEO-Founder of Nextech AR and Paul Duffy President and Chairman of the Board will present and have a live Q&A with investors.
You are invited:
When: Jul 20, 2021 11:30 AM Eastern Time (US and Canada)
Topic: Join Proactive’s Steve Darling as he talks with Nextech AR’s Evan Gappleberg and Paul Duffy about it’s Threedy.ai acquisition and what it means for the company in 2021-2022.
Please click the link below to join the webinar:
https://zoom.us/j/94099243779?pwd=OHJDYkNvT2JaaUJwUUdpOGJMdFV6QT09
Passcode: 639712
Or Telephone - Dial (for higher quality, dial a number based on your current location):
Location | Phone #
New York +1-646-876-9923
California +1-669-900-6833/ +1-408-638-0968
Washington +1-253-215-8782
Maryland +1-301-715-8592
Chicago +1-312-626-6799
Texas +1-346-248-7799/ +1-940-992-43779
Webinar ID: 940 9924 3779
International numbers available: https://zoom.us/u/abSz4tVT1w
For further information, please contact:
Evan Gappelberg, CEO
investor.relations@Nextechar.com
To learn more, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit our website: https://www.Nextechar.com.
About Nextech AR
Nextech develops and operates augmented reality (“AR”) platforms that transports three-dimensional (“3D”) product visualizations, human holograms and 360° portals to its audiences altering e-commerce, digital advertising, hybrid virtual events (events held in a digital format blended with in-person attendance) and learning and training experiences.
Nextech focuses on developing AR solutions however most of the Company’s revenues are currently derived from three e-Commerce platforms: vacuumcleanermarket.com (“VCM”), infinitepetlife.com (“IPL”) and Trulyfesupplements.com (“TruLyfe”). VCM and product sales of residential vacuums, supplies and parts, and small home appliances sold on Amazon.
Forward-looking Statements
The NEO 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.
VANCOUVER, B.C., Canada – July 15th, 2021 – Nextech AR Solutions Corp. (“Nextech'' or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of Augmented Reality (“AR”) solutions and services, is pleased to announce that Evan Gappelberg CEO-Founder of Nextech AR will present at Jefferies Software Conference September 14-15th, 2021.
Nextech invites its investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConferences.com
VANCOUVER, B.C., Canada – July 13th, 2021 – Nextech AR Solutions Corp. (“Nextech'' or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of Augmented Reality (“AR”) solutions and services, is pleased to announce that Evan Gappelberg CEO-Founder of Nextech AR will present live at VirtualInvestorConferences.com on August 5th, 2021. This event will feature favorite venture companies traded on the OTCQB.
DATE: August 5th, 2021
TIME: 9:30 AM ET
REGISTRATION LINK: https://bit.ly/3hUv6XG
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.
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 Nextech Highlights:
● On February 19th, 2021, Nextech incorporated a subsidiary in Singapore, NexTech Asia, to establish a presence and pursue business opportunities in Asia. The subsidiary was legally incorporated in Singapore and is 100% owned by Nextech.
Nextech AR solutions offers compelling partnership opportunities for the ~100,000 trade and professional associations in North America.
VANCOUVER, B.C., Canada – July 6, 2021 – Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services, is pleased to announce that it has been awarded a multi-year agreement with a European-based, multinational company working in the energy and automation space with over 100,000 employees in over 100 countries. This new customer has been named one of Fortune’s World’s Most Admired Companies over consecutive years.
Acquires scalable 3D model creation platform powered by artificial intelligence
Self-serve web AR enabled platform to drive mass adoption
HoloX advances self-serve augmented reality human holograms
Ryerson to expand use of Augmented Reality for post-secondary education online learning
Collaborative engagement enables joint selling opportunities between Microsoft and Nextech
VANCOUVER, B.C., Canada – June 4, 2021 – Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29) announced today that
it will be presenting virtually at the upcoming LD Micro Invitational XI event on Tuesday June 8,
2021 at 5:00 PM ET. Evan Gappelberg, Founder and CEO of Nextech, will be giving the live
presentation.
VANCOUVER, B.C., Canada – June 3, 2021 – Nextech AR Solutions Corp. (“Nextech” or the
“Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29) announces the launch
of EdTechX, on our LiveX platform built on Microsoft Azure. Nextech’s EdTechX enables
educational institutions to transform traditional learning and event formats into valuable digital
experiences that higher education students are seeking. This global higher education solution
combines enterprise scale video streaming, integrated assessments, augmented reality holograms and data analytics. Higher education institutes such as Ryerson University, Carnegie Mellon University and Black Student Fund have successfully implemented EdTechX in their daily
operating businesses.
Adds Vice President of Investor Relations
● CEO Continues to Increase his Ownership Position
● Converts Warrants for Another $186,650
● Purchased Stock 7 Times in the past 18 months
● He Purchased 1,542,629 Common Shares in the past 18 months.
Reiterates full-year revenue guidance supported by continued investment in people,
technology and innovation
VANCOUVER, B.C., Canada – May 20th, 2021 – Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29) on May 12th, 2021 the Company released a new innovation to deliver great customer experiences at scale, with the power of Augmented Reality (“AR”). Nextech AR “LiveX” the Company’s Digital Experience Platform is an open and extensible platform that enables Augmented Digital Experiences, AR E-Commerce, AR Advertising, and AR Products. Innovations include AR capabilities, general availability of AR Livestreaming Holograms, real-time customer data analytics, as well as new ways to personalize and deliver impactful digital and hybrid experiences. The Company's AR Innovation Labs team is also currently working on NFT technology for the Augmented Reality experiences on LiveX.
Vancouver, B.C., Canada –May 18th, 2021 – Nextech AR Solutions Corp. (“Nextech”) (OTCQB: NEXCF) (NEO: NTAR) (FSE: N29) is pleased to announce that it has signed a binding letter of intent (the “LOI”) dated May 14, 2021 with Threedy.ai Inc. (“Threedy”) to acquire all outstanding shares of Threedy. Threedy is an artificial intelligence (“AI”) company based in Silicon Valley, California, backed by prominent venture capitalists (“VCs”) and angel investors. Founded in 2018, they have been building AI technologies for the 3D model creation of physical products at scale. They have an expansive list of clients, including Walmart, Wayfair, Pier 1 Imports, K-mart Australia, Lighting Plus New Zealand, and many more.
Tampa Bay hosts large hybrid events including the Super Bowl LV, Wrestlemania 37, Connect Marketplace, and American Academy of Dermatology Association
VANCOUVER, B.C., Canada – May 12th, 2021 – Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29) announces its financial results for the first quarter 2021 ending March 31st, 2021 and a operational Nextech AR LiveX update. Subsequently, Nextech will host a conference call to discuss the first quarter results and operations update on May 12th, 2021 at 5:30 p.m. Eastern Time.
Vancouver, B.C., Canada – May 7th, 2021 – Nextech AR Solutions (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), plans to release its first quarter 2021 financial results after markets close on Wednesday, May 12th, 2021. Subsequently, Nextech will host a conference call to discuss the first quarter results on May 12th, 2021 at 5:30 p.m. Eastern Time. Please join Evan Gappelberg, Chief Executive Officer, and Kashif Malik, Chief Financial Officer to discuss these financial and operating results followed by a question-and-answer period.
This year’s Canadian Higher Education Information Technology Conference (CANHEIT)
will feature immersive experiences with the inclusion of chat enabled breakout rooms,
exhibitor booths and augmented reality portals
VANCOUVER, B.C., Canada – April 29th, 2021 – Nextech AR Solutions Corp. (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29) announces its unaudited preliminary financial and operating results for the first quarter of 2021 ending March 31st, 2021 and a reminder of its Investor Day event.
Vancouver, B.C., Canada – April 27th, 2021 – Nextech AR Solutions (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), reminds you to join us at our virtual 2021 Investor Day on Thursday, April 29th from 1:00pm-3:00pm EST. The CEO and members of the Nextech Leadership Team will provide perspective on the Company’s preliminary Q1 numbers and 2021 financial outlook, corporate strategy, and a first look at the Company’s new technology.
Vancouver, B.C., Canada – April 15, 2021 – Nextech AR Solutions (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), plans to release its fourth quarter and year ended December 31, 2020 financial results after markets close today, April 15, 2021. Subsequently, Nextech will host a conference call (Thursday April 15, 2021) at 5:30 p.m. Eastern Time. Please join Evan Gappelberg, Chief Executive Officer and Kashif Malik, Chief Financial Officer to discuss these financial and operating results followed by a question-and answer period.
VANCOUVER, B.C. –April 13, 2021 – Nextech AR Solutions Corp. (“NexTech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), announces its sponsor partnership with International Confex 2021, the UK’s leading event for event organizers organized by Mash Media. The Confex 2021 hybrid event (consisting of a blend of in person and virtual online components) takes place June 22-23, 2021 at the ExCel Centre in London, UK and is the first in person event since the country went into COVID-19 lockdown protocols.
VANCOUVER, BC – April 8, 2021 – NexTech AR Solutions Corp. (“NexTech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR.NE) (CSE: NTAR) (FSE:N29) is pleased to announce the closing of its bought-deal short-form prospectus offering pursuant to which the Company issued 2,801,500 units of the Company (the “Units”) at a price of $5.00 per Unit and 100,000 common share purchase warrants, as partial exercise of the over-allotment option, for aggregate gross proceeds to the Company of approximately $14 million (the “Offering”).
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