TORONTO, ON / ACCESSWIRE / October 17, 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 that augmented reality games are now available in the Company's newly launched Augmented Reality Powered Mobile Event App for trade shows and event organizers. This app will feature 10 out-of-the-box AR games, creating sponsorship opportunities for event organizers and show managers, while enhancing attendee engagement and creating memorable moments at events.Last week, the Company announced its Map D business unit integrated and launched its indoor navigation capabilities with ARway.ai's technology, opening up exciting new opportunities for event organizers. This integration sets the stage for events to now monetize the airspace with AR sponsorships and offer 3D /AR mobile games and other immersive experiences for events like never before. The integration also introduced a groundbreaking Augmented Reality Powered Event Mobile App. This technology unlocks a new revenue channel for event organizers through AR experiences available exclusively via the event mobile app. Event organizers can enjoy white glove deployment and sponsorship sales services, as well as a first-of-its-kind AR navigation experience at trade shows.
ARway's AR Games integration within Map D's Augmented Reality Powered Mobile Event App is a groundbreaking addition that empowers event organizers to unlock the full potential of augmented reality for their events. In the fast-evolving landscape of event organization, attendee engagement and creating unforgettable experiences have become paramount. Augmented reality, a technology known for its immersive and interactive capabilities, is at the forefront of this transformation. ARway's AR Games integration within Nextech's Augmented Reality Powered Event Mobile App is a game-changer for event organizers, delivering a multitude of benefits that directly impact the success of trade shows and events.
The advantages for event organizers are multifold:
Augmented reality gaming, often referred to as AR gaming, represents the live integration of digital components into the physical environment. This genre of gaming leverages the inherent qualities of real-world surroundings and harmoniously combines them with dynamic digital content, resulting in captivating and immersive encounters. In the realm of augmented reality games, the technology identifies and interprets the actual environment, subsequently superimposing game visuals and audio with the assistance of sensors like cameras, microphones, and the global positioning system (GPS).
The surge in user-centric technologies has generated a notable appetite for technological advancement, particularly in the realm of the gaming industry, which has witnessed a remarkable upswing in interest surrounding augmented reality. Statista figures show over 1.7 billion mobile AR user app devices will be worldwide in 2024.
These innovative AR games represent a significant breakthrough in the event management industry. Event organizers now have the means to tap into an array of sponsorship opportunities, capitalizing on the interactive nature of AR games to create a highly engaging and memorable experience for attendees.
About Map D
Map D is an Event Solutions Platform and one of 4 key business units under the Nextech3D.ai umbrella. Map D includes the following components:
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The Public Company CEO Experience Podcast
Nextech3D.ai has recently released "The Public Company CEO Experience Podcast," featuring Evan Gappelberg, a highly accomplished three-time public company CEO and serial entrepreneur. The podcast offers listeners an exclusive behind-the-scenes look into the dynamic life of a public company CEO with valuable insights, while also discussing trending topics and providing business updates on Nexech3D.ai, Toggle3D.ai, and ARway.ai. To learn more please visit: https://www.nextechar.com/investors/the-ceo-experience
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About Nextech3D.ai
Nextech3D.ai or the "Company," (OTCQX:NEXCF) (CSE:NTAR) (FSE:EP2), is a versatile augmented reality and AI technology company that utilizes its proprietary artificial intelligence (AI) to craft immersive 3D experiences at scale for E-COMMERCE. The Company's primary focus lies in creating high-quality 3D WebAR photorealistic models for Amazon and various other online retailers. Nextech3D.ai has adopted a unique approach to creating shareholder value beyond its operating business of creating 3D models.
The Company also develops or acquires disruptive AI-technologies, which are subsequently spun out to shareholders as standalone public companies. This spin-out strategy allows Nextech3D.ai to issue stock dividends to its shareholders while maintaining significant ownership in the public spin-out, without dilution to the parent company Nextech3D.ai.
Notably, Nextech3D.ai successfully spun out "ARway,"its spatial computing platform, as a standalone public company on October 26, 2022. The Company retains a 49% stake with 13 million shares in ARway Corp. while distributing 4 million shares to Nextech shareholders.
Similarly, Nextech3D.ai accomplished its second spin-out launching Toggle3D.ai, (OTCQX:NEXCF) (CSE:NTAR) (FSE:EP2) an AI-powered 3D design studio aimed at competing with Adobe. The Company retains a 44% stake with 13 million shares in Toggle3D.ai Corp.
To learn more, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit our website: https://www.Nextechar.com.
For further information, please contact:
Investor Relations Contact:
Lindsay Betts
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866-ARITIZE (274-8493) Ext 7201
Nextech3D.ai
Evan Gappelberg
CEO and Director
866-ARITIZE (274-8493)
Forward-looking Statements
The CSE 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" 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.
Last Trade: | US$0.04 |
Daily Change: | -0.002 -4.76 |
Daily Volume: | 49,205 |
Market Cap: | US$5.920M |
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