5 min read

NexTech to Showcase Innovative AR Experiences for Online Retailers as Silver Sponsor of Magento Imagine Conference

By Dawsyn Borland on May 13, 2019 9:50:12 AM

New York, NY - Toronto, ON – May 13, 2019 – NexTech AR Solutions (the “Company” or “NexTech”) (OTCQB: NEXCF) (CSE: NTAR) )(FSE: N29) today announced that it will showcase its industry-leading augmented reality (AR) solutions for online retail as a Silver Sponsor of this year’s Magento Imagine Conference, taking place May 13-15, 2019 at the Wynn Hotel in Las Vegas, NV. COO Reuben Tozman will demonstrate NexTech’s AR eCommerce platform from booth # #614 in the event exhibit hall.

Topics: Consumer Research and Advice Events Investor Relations News Retail
4 min read

NexTech Announces Scott Starr, Ex-Salesforce Executive to Join Advisory Board

By Dawsyn Borland on May 10, 2019 10:50:37 AM

May 10, 2019 – New York, NY - Toronto, ON – NexTech AR Solutions (the “Company” or “NexTech”) (OTCQB:NEXCF) (CSE:NTAR) (FSE:N29) is pleased to announce that it has appointed Scott Starr to its Advisory Board as it ramps up its eCommerce retail sales efforts. Starr was a retail sales pioneer at PTC, Salesforce.com and now at LivePerson, Inc. as AVP Retail. He is recognized in the retail industry as driving transformational change and customer success in enterprise retail markets. With his long term retail client relationships, perspective, and extensive industry experience, he is uniquely positioned to help guide NexTech on its growth trajectory and identify opportunities in the retail industry.

Topics: Augmented Reality Business Events Investor Relations News Press Retail
6 min read

NexTech Partners with The Khronos Group for Future 3D Commerce Standards and Guidelines

By Dawsyn Borland on May 8, 2019 10:37:38 AM

May 8, 2019 – New York, NY - Toronto, ON – NexTech AR Solutions (the “Company” or “NexTech”) (OTCQB:NEXCF) (CSE:NTAR) (FSE:N29) today announced that it joined Khronos an exploratory group of leading retailers, manufacturers, and technology companies in a groundbreaking collaboration to establish 3D commerce standards and guidelines. The exploratory group was formed by Khronos® Group, an open consortium of leading companies creating advanced 3D standards, at the end of April. Adobe, Deloitte Consulting, Facebook, Google, Microsoft, NVidia, Pinterest, Qualcomm, Samsung and Shopify are among the tech companies participating in the exploratory group.

Topics: Augmented Reality Business E-commerce Investor Relations
5 min read

NexTech Announces Ori Inbar, AR Pioneer and Founder of AugmentedReality.org, to Join Advisory Board

By Dawsyn Borland on May 1, 2019 10:01:24 AM

May 1, 2019 – New York, NY - Toronto, ON – NexTech AR Solutions (the “Company” or “NexTech”) (OTCQB:NEXCF) (CSE:NTAR) (FSE:N29) is pleased to announce that it has appointed Ori Inbar to its Advisory Board as it ramps up its AR product offerings and sales efforts. Inbar is a recognized AR expert, having been involved in the industry for over a decade as both a startup entrepreneur and a venture capital investor through SuperVentures. With his long term perspective and extensive industry relationships, he is uniquely positioned to help guide NexTech on its growth trajectory and identify acquisition opportunities.

Topics: Investor Relations News
4 min read

NexTech Signs LOI to Acquire eCommerce Business Generating $2.2 Million USD in Revenue and $600,000 EBITDA

By NexTech on Mar 19, 2019 8:04:57 AM

New York, NY - Toronto, ON – March 19, 2019 – NexTech AR Solutions (the “Company” or “NexTech”) (OTCQB: NEXCF) (CSE: NTAR) )(FSE: N29) is pleased to announce that it has signed an LOI to acquire an eCommerce business that generated USD $2.2 million in revenue and $600,000 in EBITDA in 2018, for the purchase price of $1,850,000 in cash.  The company is currently conducting its due diligence, which is expected to last three weeks, with an expected closing of the transaction to follow.

Topics: Business Investor Relations
3 min read

NexTech Approved to Trade on the OTCQB Market

By NexTech on Mar 11, 2019 11:57:34 AM

New York, NY - Toronto, ON – March 11, 2019 – NexTech AR Solutions (the “Company” or “NexTech”) (OTCQB: NEXCF)(CSE: NTAR) )(FSE: N29) is pleased to announce that its common shares have been approved for trading on the OTCQB Market (“OTCQB”) under the symbol “NEXCF” effective as of the open of trading today, March 11, 2019.

Topics: Investor Relations
3 min read

NexTech Raises $1,464,600 From $0.50 Warrant Conversion

By NexTech on Mar 8, 2019 9:10:18 AM

New York, NY Toronto, ON– March 8, 2019 – NexTech AR Solutions (the “Company” or “NexTech”) (OTC: NEXCF) (CSE: NTAR) (FSE:N29) a technology and emerging commercial growth company focused on bringing augmented reality (“AR”) to the masses through its web-enabled AR platform for eCommerce, announced today that further to the Company’s press release dated February 5, 2019, the previously announced warrant call ended on March 7, 2019 and the $0.50 warrants dated March 29, 2018 are no longer exercisable.

Topics: Business Investor Relations News
4 min read

NexTech Releases Updated UX For Its Patent-Pending Web-Enabled AR Platform

By NexTech on Feb 28, 2019 8:52:12 AM

New York, NY – February 28, 2019 – NexTech AR Solutions (the “Company” or “NexTech”)  (OTC: NEXCF)(CSE: NTAR) (FSE:N29) is pleased to announce that it has released an upgraded user experience for its patent-pending web-enabled AR platform. The new web-based UX gives users the feel of being inside an app by allowing for 3D virtual AR objects to be previewed in a location and then “placed.” After the virtual 3D object is “placed,” the user can pan their mobile camera left and right while the object stays stationary, giving the consumer a realistic experience, known as simultaneous localization and mapping (SLAM).

Topics: Augmented Reality Business Investor Relations News Press
4 min read

NexTech Achieves Milestone Revenue Generation for January 2019

By NexTech on Feb 7, 2019 8:48:44 AM

February 7, 2019 - Vancouver, British Columbia - Toronto, ON – NexTech AR Solutions (the “Company” or “NexTech”) (CSE: NTAR) (OTC: NEXCF) (FSE:N29) announced today it has achieved milestone revenue generation for the month of January 2019. The Company reported revenue of $284,000 USD OR $375,000 CDN, its highest monthly result to date.

Topics: Business Investor Relations Press
4 min read

NexTech Calls 8,131,300 $0.50 Warrants Now Set to Expire March 7th, 2019

By NexTech on Feb 5, 2019 9:53:28 AM

February 5th, 2019 – Vancouver, British Columbia - Toronto, ON – NexTech AR Solutions (the “Company” or “NexTech”) (CSE: NTAR) (OTC: NEXCF)(FSE:N29) is announcing today that it is accelerating the expiry date of all outstanding common share purchase warrants dated March 29, 2018 (the "Warrants") of the Company issued pursuant to a private placement (the "Warrant Certificates"). The proceeds from the exercise of the Warrants will primarily be used by the Company to continue to innovate and build out its Augmented Reality (AR) technology, as well as for acquisitions, and general corporate working capital purposes.

Topics: Investor Relations Press