• Q3 technology services revenue up +66% from Q2 2022 hitting approximately $920K

• Q3 3D modeling revenue surges over +192% versus Q2 2022

• Q3 3D model production increased +110% versus Q2 2022

• Q3 technology services gross profit margin improves to +60% versus 37% reported in Q2 2022

• Q3 gross profit was approximately $555K on 920K in Q3 technology revenue with a gross profit margin of 60% 
  
  

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

• Toggle3D is introducing break-through PBR material creation flows that reduces the material creation time from days to minutes.

• Toggle3D Supports NEW File Formats & Expanding CAD Conversion Capabilities
  
  

• Toggle3D eliminates the complexity of texturing 3D models

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

The Company is experiencing accelerated growth in orders for its 3D model business for e-commerce

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.