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

Signs Multiple Deals for its CAD-Poly Solutions 

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

• CEO continues to increase his ownership position
• Buys 50,310 shares in the open market
• Increases his ownership to 10,099,589 common shares

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