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.
By building on the Azure platform, it provides Nextech’s EdTechX with a highly scalable, reliable
and secure platform already used and trusted by many education institutions, governments and
corporations.
Poster Sessions – increase engagement around academic projects
Career Fairs – digitize your career fairs to connect students and employers
Convocations – connect your graduating students and faculty to celebrate a milestone
Virtual Learning Labs – digitize physical labs and classrooms into an interactive digital learning experience
“Today’s generation of digitally native learners have forced institutions to digitize and evolve the
way they deliver education. This has further been accelerated by school closures due to the
COVID-19 pandemic,” said Evan Gappelberg, CEO of Nextech. “Our suite of augmented reality
and digital experience solutions can be used for academic poster sessions, career fairs, convocation & homecoming events. The solution offers clients analysis on visitor behaviour in real time.”
Nancy Teodoro, Education Partner Lead at Microsoft Canada, comments: “Nextech AR Solutions
is helping education institutions digitally transform the way educators teach and the way students learn, by enabling remote experiential learning through EdTechX. Studies have shown that these types of immersive technologies improve student engagement and student outcomes. We are pleased to have Nextech AR as our latest education partner that has chosen Microsoft Azure as their trusted platform to build their EdTechX solution.”
For further information, please contact:
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.
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