TORONTO, O.N, Canada – January 30, 2024 -   Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: 1SS), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers is pleased to announce it has signed a new 3D modeling contract with Global Industrial Company, a titan in the industrial and commercial equipment sector with over seven decades of market leadership. This new contract has significant growth potential, as Global Industrial is an industry leader with 1.7+ million products in 21 industrial and commercial categories including; building supplies, storage and shelving, workbenches and shop desks and more.

The deal with Global Industrial Company not only underscores Nextech3D.ai's growing influence in the 3D modeling arena but also highlights the demand for 3D models in new industrial sectors. 3D models have the potential to transform product visualization beyond traditional Amazon e-commerce by extending its reach into the industrial and commercial categories industry.

Nextech3D.ai is at the forefront of the massive and growing 3D modeling industry, utilizing cutting-edge generative AI technology to create photo-realistic 4K 3D models that cater to the specific needs of major e-commerce companies. Nextech3D.ai will leverage its advanced AI technologies to produce high-quality, 4K resolution 3D models for Global Industrial. Due to a strong ROI on 3D models, the Company has been seeing a global growing demand for immersive and interactive 3D models.

New AI-Powered 3D Model Search Tool
Earlier this month,  the Company announced it had gone live with its proprietary AI-Powered 3D model search engine. This advanced search engine integrates AI and computer vision technologies to refine and expedite the process of 3D modeling. Through the application of this unique technology, the Company is poised to enhance and quicken its internal 3D model creation workflow significantly. Furthermore, there are plans to market this search engine externally, potentially leading to substantial increases in revenue and profits.

The Company recently reported a 500% increase in 3D modeling productivity with the AI-powered 3D model search engine. This report was based upon research of Nextech3D.ai’s own internal usage of thousands of searches over several weeks. The 500% increase in productivity is due to an 80% reduction in time it takes to create a 3D model by using the 3D model search engine.

Toronto, ON – January 26, 2024 – Nextech3D.AI (the “Company”) (OTCQX: NEXCF) (CSE: NTAR) (FSE: 1SS) announces today that Nextech3D.ai has made the decision to terminate its previously announced letter agreement (the "Agreement") with VCI Global Limited ("VCI"), pursuant to which VCI was granted the right to earn up to a 51% interest in the Company's proprietary artificial intelligence platform for 3D modeling and associated assets (the "Transaction"). The Company determined to terminate the Agreement as VCI has been unable to satisfy its conditions precedent to the completion of the Agreement in accordance with the mutually agreed timelines. The Company presently has no plans to sell its 3D modeling business; instead, it will persist in building its AI technology stack for scaling 3D modeling as well as owning, operating, and developing this business. The Company perceives substantial growth potential through Amazon and other large enterprise clients which the Company believes represent substantial growth opportunities. 

AI Search Enabling the Company to Scale Production of 3D Models

TORONTO, O.N, Canada – January 9, 2024 -   Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: 1SS), an AI-3D model supplier for major e-commerce retailers announces an uptick in sales with a series of six 2024 contracts, renewals from: CB2 - a division of Crate and Barrel, Artika, renowned for its avant-garde lighting solutions, Raptor Tactical, a designer and manufacturer of modern tactical equipment for Military, Police and other Law enforcement units,William Wood Mirrors, EOD Gear supplies, providing Tactical Gear to EOD Techs and Commands, SWAT, City Grounds, and sees other growing sales opportunities in its 3D modeling pipeline. Nextech3D.ai anticipates continued momentum in 3D modeling demand to reinforce its position as a leader in  the development and deployment of AI for in the 3D modeling industry for e-commerce.

Nextech’s Extensive 3D Model Library For Faster 3D Model Production 

CEO and Special Guests will Discuss ARitize 3D, ARway and Map D
Business Units
 

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NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA

 TORONTO, O.N, Canada – December 13 , 2023 -   Nextech3D.AI (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 the grant of a patent by USPTO for 3D model generation from Computer Aided Design (CAD) data.  Receiving this first patent, as part of the Company's previously announced portfolio of patents filed in 2022, reinforces and validates Nextech3D.ai's commitment to increasing shareholder value by investing in 3D technology and innovating with AI-powered solutions.