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4 min read

NexTech AR Integrates It’s 3D and AR Ad Functionality With SNAP, Facebook and Instagram

By Nextech3D.ai on Aug 19, 2021 6:45:00 AM

VANCOUVER, B.C., Canada – August 19th, 2021NexTech AR Solutions Corp. (“NexTech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality for eCommerce, AR learning applications, AR-enhanced video conferencing and virtual events, today announced the advancement of its next generation Ad technology with its integration with SNAP, Facebook and Instagram broadening the companies 3D/AR ad reach..

SAMPLE 3D Google Ads:
3D/AR Furniture Advertisement (Table) - View Here
3D/AR Beverage Advertisement (Don Julio) - View Here
3D/AR Furniture Advertisement (Office Chair) - View here
3D/AR Apparel Advertisement (Motif) - View Here
3D/AR Furniture Advertisement (Table Chair) - View Here

With this announcement NexTech’s customers can now tap not only into Google’s immense network, as previously announced on August 16th, but also into social media applications SNAP, Facebook and Instagram, delivering engaging and streamlined 3D ads. This expansion capability gives the company the ability to tap into the full spectrum of audiences across the web and social media which set’s the company up for success as it rolls out it’s 3D/AR ad network capabilities. According to research from Statista, SNAP has 293 million daily active users, Instagram Stories have 500 million daily active users, and Facebook has 1.9 billion daily active users. This integration provides Nextech AR customers access to a vast audience of daily active users worldwide.

NexTech CEO Evan Gappelberg commented on this product enhancement. “We are now fully positioned to take advantage of the fastest growing segment in the AR industry 3D/AR advertising. With SNAP, Facebook Instagram and as previously announced our ability to deliver 3D/AR ads into the Google Display Network we now can reach a global ad audience of any demographic. With our ability to create 3D content at scale now combined with this global audience reach I believe we are perfectly positioned to accelerate our advertising revenue in the AR space ”, said Gappelberg.

ARtillery Intelligence has released a new report that projects mobile AR revenue to grow from $3.9 billion in 2019 to $21.02 billion in 2024. Enterprise productivity is the leading revenue category in 2020 ($2.58 billion), followed by AR advertising ($1.41 billion) and consumer in-app purchases ($1.38 billion)

To learn more about NexTech’s productions and solutions, please visit NexTech AR Ad Network at https://www.nextechar.com/ar-ad-network

About NexTech AR
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.

To learn more, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit our website: https://www.Nextechar.com

On behalf of the Board of Nextech AR Solutions Corp.
Evan Gappelberg
CEO and Director

For further information, please contact:
investor.relations@Nextechar.com

Forward Looking Statements
The NEO has not reviewed and does 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,” “looking forward” or variations of such words and phrases or statements that certain actions, events, or results “will” occur. Forward-looking statements regarding the Company increasing investors awareness are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance, or achievements of Nextech to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs. There can be no assurance that such statements will prove to be accurate, as actual results and 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.

Topics: Augmented Reality News Advertising
5 min read

Nextech AR Goes Live with Enhanced 3D Google Ad Functionality With Launch of Web XR

By Nextech3D.ai on Aug 17, 2021 9:13:06 AM

VANCOUVER, B.C., Canada – August 17th, 2021 – NexTech AR Solutions Corp. (“NexTech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality for eCommerce, AR learning applications, AR-enhanced video conferencing and virtual events, today announced the launch of its next generation Ad technology.

Topics: News Advertising
4 min read

Nextech AR to Acquire AR Cloud-3D Mapping Company ‘ARway’ Transforming Into A Metaverse Company

By Nextech3D.ai on Aug 10, 2021 7:25:39 AM

Vancouver, B.C., Canada –August 10th, 2021Nextech AR Solutions Corp. (“Nextech”) (OTCQB: NEXCF) (NEO: NTAR) (FSE: N29) is pleased to announce that it has signed a definitive agreement under which Nextech will acquire U.K. based spatial computing company ARWAY Ltd. (“ARway”) in an all-stock transaction and hire the key founders Baran Korkmaz and Nikhil Sawlani. This acquisition provides Nextech with a spatial mapping platform critical to building the Metaverse. Through Unity, optimized for Google and Apple, and by using AI to recognize surroundings for hyper-accurate location mapping, ARway provides users an Augmented Reality Software Kit (SDK) to frame the digital world in a few minutes.

Facebook, Epic Games, Microsoft and others have all identified the Metaverse as the future of the internet and computing itself. This acquisition positions Nextech as a first mover in what it’s calling a ‘mini-metaverse’. Evan Gappelberg, CEO of Nextech AR Solutions comments, “We think that the mini-metaverse business use case is here to stay, and the implications for future growth are significant. Nextech's mini-metaverse offering will be available to brands and companies that want to create mini-metaverses based on a geolocation like museums, corporate headquarters, theme parks, sports stadiums, University Campuses and more. We can scan these spaces with ARway’s technology and drop in AR experiences that are triggered based on geolocation, making for a fully immersive Metaverse experience. The mini-metaverse is the first step toward universal mapping, a concept that while not a reality today, is a future inevitability. Nextech's mini-metaverse offering will enable people to experience the multiverse as it increasingly becomes a normal part of everyday life.”

The ARway SDK combines robust mapping technologies for location persistent AR experiences across ARkit, ARcore and Microsoft Azure Spatial Anchors, delivered on cross-platforms Unity today, Unreal, Android Studio or Xcode/Swift soon, to unlock true spatial computing within a single toolkit for iOS, Android and Hololens. ARway has been creating persistence location experiences such as indoor navigation, guided tours, treasure hunts and many more with its No-code platform and has developed an ecosystem with over 1000+ developers, having created 3D maps in over 60 countries, with notable customers such as the British Telecom, Bosch, AirAsia, HCG Hospital, The City of London and the Guildhall School of Music and Drama, Nomtek.

Click below to view the demo video:

Topics: Investor Relations News
4 min read

Nextech to Launch Human Hologram Creation App HoloX on Microsoft’s HoloLens2

By Nextech3D.ai on Aug 5, 2021 7:26:45 AM


VANCOUVER, B.C., Canada – August 5th, 2021
Nextech AR Solutions Corp. (“Nextech'' or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality (AR) for eCommerce, AR learning applications, AR-enhanced video conferencing and virtual events, is pleased to announce that it has begun integration of its mixed reality (MR) solution HoloX, a human hologram application into HoloLens2 which is expected to be available in September 2021. This implementation will support gesture controls across HoloX's UI and UX, allowing for users to navigate the application through eye-tracking and hand gestures.

Click below to view the demo video:

Topics: News HoloX
5 min read

Nextech Receives Additional AR Labs Contract from Ryerson University Faculty of Science

By Nextech3D.ai on Aug 3, 2021 8:57:25 AM

University to increase to its AR lab offerings to students by 70% creating largest AR lab offering in education.

VANCOUVER, B.C., Canada – August 3rd, 2021Nextech AR Solutions Corp. (“Nextech'' or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality for eCommerce, AR learning applications, AR-enhanced video conferencing and virtual events, is pleased to announce that Ryerson University, a globally recognized leader in Higher Education with over 46,000 students have ordered an additional thirty five augmented reality labs for its biology, chemistry and biochemistry departments. Once the additional labs are complete, which is expected to happen in 2021 Ryerson University Faculty of Science will have one of the largest known augmented reality immersive learning programs in the world.

These new labs are in addition to the fifty labs developed for the 2020/2021 school year and the further AR labs produced through the RALE AR Lab Builder Program, a Government of Ontario Initiative in Partnership with Ryerson University and Nextech AR and will be available province-wide to institutes of higher education in 2022.

View a video sizzle reel of the augmented reality science labs: View Video

About EdTechX
The use of AR for education institutions is made available through the Company’s EdTechX platform. Built on Microsoft Azure and available on the Azure marketplace as a “Co-sell Ready” partner, EdTechX enables educational institutions to transform traditional learning and event formats into valuable, immersive digital experiences that higher education students are seeking. EdTechX combines digital branded spaces with enterprise scale video streaming, augmented reality holograms and real-time data analytics. “Co-sell” status enables joint selling opportunities with Microsoft and access to their global education customers.

The KEY benefits of the AR labs:

● New functionality of labs include mistake driven learning modules -allowing students to make mistakes in simulation and get real-time feedback before performing the actual lab.
● Non-linear experiences allow students to explore in the AR labs based on their own exploration, ie. Rat Dissection, Flower Dissection.
● Creation of new ‘modular-like’ labs explaining common laboratory techniques that are cross-functional in chemical and biochemical analyses.
● Interactive learning allows students to form memories based on emotional impact. The actual AR seeks to trigger the feeling of presence of the lab/experience so that students are more engaged.
● The AR Labs allow for users to repeat the experiment at their own convenience, which is a key function when learning new concepts. This is also a cost-efficient solution for higher education institutions that reduces the waste of resources.
● AR allows for visual communication of complicated chemical analyses equipment. (Behind the scenes look of how the machines actually work) allowing students to learn the abstract theory superimposed on top of the equipment visually.
● The AR Labs have been developed in tandem with instructors and industry experts to ensure that the content is driven in both an academic and professional capacity.

Evan Gappelberg, CEO of Nextech, comments “we are thrilled to see the hard work we have done in creating AR labs for students in partnership with Ryerson result in such a hugely positive response from both students and faculty. We have developed not just an immersive AR learning platform but also a unique business model for Nextech with a credit system where one credit is equivalent to one AR lab which costs $5000 each. He continues “Once the AR labs are created along with the AR Lab Builder Program, through a Government of Ontario Initiative in Partnership with Ryerson University and Nextech, all AR labs built will be available province-wide to institutions of higher education in 2022. We are extremely excited and gratified to be working with both Ryerson and the government to bring immersive learning experiences to Canadian students''.

Direct Student Quotes - Biochemistry, Winter 2021 Labs:

What did you like about the AR for Experiment 1?

● “The experiment was very detailed; it was as if I was there in the lab watching someone perform the experiment. The gel electrophoresis explanation was thorough enough to grasp the concept of how to perform one properly.”

● “It helps you get a proper visualization of the steps of the experiment.”

● “It was really realistic and useful for me to picture the steps of the experiment being a visual learner.”

Post-pandemic, assuming you are back on campus, do you see a role for RALE in your undergraduate lab?

● “This could be used for pre-lab talks to explain certain techniques and procedures. This could also be offered as an extra resource for students writing lab reports to re-doing certain steps at home to better understand the lab. And most importantly, for students that have missed a lab, this would provide the students with a visual experience so that reports can be done properly even if they weren't present.”

● “It could be potentially used for more complicated or dangerous labs that the school would want to show to students for demonstration or surgery purposes as well.”

● “I can see this being useful to prepare for labs. Getting to see the equipment and an overview of what is going to happen in the lab would be very helpful for visual learners that have not done the technique before.”

Evan Gappelberg
investor.relations@Nextechar.com    

Topics: News higher education
4 min read

Nextech AR Signs a Multi-Event, LiveX Platform Deal and Strategic Partnership with FENEX to Resell its Augmented Reality Solutions to the UK Home Remodeling and Builder’s Community

By Nextech3D.ai on Jul 30, 2021 9:47:56 AM

Using LiveX (Digital Experience Platform) FENEX has created a digital marketplace for manufacturers, distributors, retailers with B2B and B2C buyers.

VANCOUVER, B.C., Canada – July 30th, 2021 – Nextech AR Solutions Corp. (“Nextech'' or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality for eCommerce, AR learning applications, AR-enhanced video conferencing and virtual events, is pleased to announce the closing of a multi-event deal for the fenestration industry using Nextech’s LiveX platform with FENEX worth approximately $185,000. This event will reach over 30,000 people in the home improvement sector and will introduce a new Digital Marketplace where consumers can interface, try new products via Augmented Reality and get educated on home improvement options with top UK vendors like Deceuninck, ODL Europe, Vbh, Brisant and Gqa Qualifications.

FENEX is the fenestration sector's (Fenestration refers to all openings in the building envelope, including curtain walls, windows, doors and skylights) first virtual exhibition platform powered by LiveX. It is designed to bring together the entire supply chain, FENEX has created a digital marketplace for manufacturers, distributors, retailers with B2B and B2C buyers. FENEX has also signed a strategic partnership to resell Nextech’s Augmented Reality solutions to the home remodeling and builder’s community.

This On-Demand Digital Marketplace is a showcase of Nextech’s solution to support and connect buyers and sellers in a B2B environment. The marketplace solution activates new opportunities for B2B industry ecosystems through opportunities for engagement and exposure. Nextech empowers organizations to accelerate their digital transformation through seamlessly brokering new connections online. Clients’ products and services will gain visibility to a targeted audience leading to improved business opportunities. Nextech strives to elevate the customer journey and create value for businesses by increasing traffic, boosting retention, and driving conversions through augmented reality and its digital experience platform LiveX.

On September 8th-10th, 2021, FENEX is hosting a virtual trade show, career fair and consumer marketplace event for builders and experts in the windows, doors, and skylights (https://fenex.co.uk/attend/ )

Lee Clarke, CEO of FENEX comments:
“When many of the major home improvement shows are canceling events, FENEX has been able to innovate by partnering with Nextech AR Solutions to advance hybrid and virtual events to bring manufacturers, buyers and sellers together into digital marketplaces. Our vision is to continue to scale these marketplaces to other high growth sectors.”

Evan Gappelberg, CEO of Nextech comments:
“We value highly strategic ecosystem builders like FENEX who are developing the digital marketplaces of the future for high growth sectors leveraging Nextech’s Augmented Reality and LiveX platforms. We believe that digital product demos will become a standard in sectors like home improvement, where buyers can engage with technical products from every angle with step-by-step instructions in 3D.”

Evan Gappelberg, CEO
investor.relations@nextechar.com

To learn more, please follow us on TwitterYouTubeInstagramLinkedIn, and Facebook, or visit our website: https://www.Nextechar.com.

About Nextech AR
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 currently 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.

About FENEX
FENEX is the fenestration sector's first virtual exhibition platform. Designed to bring together the entire supply chain from top to bottom, creating a bridge between the sector and the public. With a team that has vast experience in media, marketing and online business marketing, the idea of FENEX was born, long before the Covid pandemic brought this type of expo into the limelight. FENEX was an inevitability that Covid brought forward. In simple terms, it is easy to attend, generates viable leads and is extremely cost effective as a marketing tool that will bring a business greater reach. Removing costly travel bills with the ability to create qualified leads from your office is making this virtual trade show extremely attractive. It is flexible, with a more diverse range of exhibitors and attendees ensure that there are larger online audiences.

Today, key decision makers consider that virtual events, such as FENEX, are a huge resource that bring fast payback. https://fenex.co.uk/

Forward-looking Statements
The NEO has not reviewed and does 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,” “looking forward” or variations of such words and phrases or statements that certain actions, events, or results “will” occur. Forward-looking statements regarding the Company increasing investors awareness are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance, or achievements of Nextech to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs.  There can be no assurance that such statements will prove to be accurate, as actual results and 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.


Topics: Investor Relations News
3 min read

Nextech AR Solutions Corp. Announces Second Quarter 2021 Earnings, Conference Call & Updated Corporate Presentation

By Nextech3D.ai on Jul 28, 2021 8:36:39 AM

Vancouver, B.C., Canada – July 28th, 2021Nextech AR Solutions (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), plans to release its second quarter 2021 financial results after markets close on Wednesday, August 11th, 2021. Subsequently, Nextech will host a conference call to discuss the second quarter results on August 12th, 2021, at 1:00 p.m. Eastern Time. Please join Evan Gappelberg, Chief Executive Officer and Andrew Chan, Chief Financial Officer to discuss these financial and operating results followed by a question-and answer period.

Topics: Investor Relations News
3 min read

Nextech AR Solutions Invited to Present at Jefferies Software Conference September 14-15th, 2021

By Nextech3D.ai on Jul 15, 2021 11:18:50 AM

VANCOUVER, B.C., Canada – July 15th, 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”) solutions and services, is pleased to announce that Evan Gappelberg CEO-Founder of Nextech AR will present at Jefferies Software Conference September 14-15th, 2021. 

Topics: News Press
9 min read

Nextech AR Solutions Updates Shareholders on Map Dynamics; Wins Key Florida Industry Association Award  ~$500,000 in Revenue Since Acquisition

By Nextech3D.ai on Jul 9, 2021 11:05:31 AM

Nextech AR solutions offers compelling partnership opportunities for the ~100,000 trade and professional associations in North America.

Topics: News Press virtual events
3 min read

Nextech AR Solutions Lands Multi-Year Contract with one of Fortune’s 2021 World's Most Admired Companies

By Nextech3D.ai on Jul 6, 2021 9:41:35 AM

VANCOUVER, B.C., Canada – July 6, 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 and services, is pleased to announce that it has been awarded a multi-year agreement with a European-based, multinational company working in the energy and automation space with over 100,000 employees in over 100 countries. This new customer has been named one of Fortune’s World’s Most Admired Companies over consecutive years.

Topics: News Press virtual events