CEO and Special Guests will Discuss ARitize 3D, ARway and Map D Business Units
TORONTO, ON / ACCESSWIRE / December 20, 2023 / Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:1SS), a Generative AI-Powered 3D model supplier for P&G, Kohls and other major e-commerce retailers announces it will hold a special Proactive Investors livestream today, December 20 at 10:00 a.m PT / 1:00 p.m ET.
CEO Evan Gappelberg and special guests will provide a 2023 business review and discuss outlook for 2024 for ARitize 3D, ARway, and Map D.
The Company invites individual and institutional investors, as well as advisors and analysts to attend the live, interactive online event. Guests are encouraged to join live and ask questions.
Livestream Details
Date: TODAY, Wednesday December 20, 2023
Time: 10:00 a.m PT / 1:00 p.m ET
Guests: Evan Gappelberg (CEO & Founder of Nextech3D.ai), Hareesh Achi (Head of Product Operations), Shadnam Khan (Chief Product Officer, ARway.ai), Rob Christie (SVP Innovation, Map D)
Link to Join: https://www.youtube.com/watch?v=WIZlKm4ZKlM
ARITIZE 3D
ARitize 3D 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 P&G, Kohls and other major e-commerce retailers.
3D models allow customers to see products from every angle and position them in their own space prior to purchasing. It’s an exciting, immersive shopping experience leading to 40% lower product returns, 93% higher click-through rate and up to a 250% increase in conversion rate.
ARWAY
ARway.ai (CSE:ARWY)(OTCQB:ARWYF)(FSE:E65) is a spatial computing platform powered by artificial intelligence (AI) providing an array of augmented reality (AR) experiences for indoor spaces. ARway’s breakthrough no-code no-beacon IPNN allows for the easy creation of navigation, tours, information sharing, notifications, advertising and gamification.
On October 26, 2022, ARway.ai. was spun-out from its parent Company, Nextech3D.ai, who retained a control ownership in ARway.ai with 13 million shares, or a 49% stake.
Most recently, ARway announced the release of Version 2.7, marking a significant leap forward in its spatial mapping capabilities. This latest version introduces a new enhanced AI-powered process that automates the creation of 400,000 square feet 3D spatial maps from 2D floor plans, significantly improving ARway’s platform performance for enterprises and developers.
MAP D
Map D is an end-to-end event tech management platform, providing interactive tradeshow floorplans, exhibitor management, registration & ticketing, sponsorship & booth sales, AR activations to drive event revenue, and a partner marketplace. The Map D platform already supports approximately 500+ events annually, with over 50,000 exhibitors and over 1 million+ attendees.
Most recently, Map D launched its “Boost Program” or AI digital ads, in its mobile app for trade show and event organizers. With the new in-app AI ad network being marketed to existing customers, the Company now has the potential to generate $10-$20mill in additional annual revenue with 80% margins up from the $1mill the platform currently generates.
Recent News
- Nextech3D.ai Announces Investment and Partnership In Its 3D Modelling Business
- Nextech3D.ai Granted Pivotal AI Patent for Generating 3D Models from Computer Aided Design (CAD) Data
- Nextech3D.ai Launches AI AD Network For Its Event Tech Platform Map D
- Nextech3D.ai Reports 2023 Third Quarter Earnings
- Nextech3D.ai Experiences Record Sales for Its Event Tech Management Platform, “Map D”
- Nextech3D.ai Announces Multiple New 3D Modeling Deals
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About Nextech3D.ai
Nextech3D.ai or the “Company,” (OTCQX:NEXCF)(CSE:NTAR)(FSE:1SS), 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,” (OTCQB:ARWYF)(CSE:ARWY)(FSE:E65 ) 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, (OTCQB:TGGLF)(CSE:TGGL)(FSE:Q0C ) 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
Julia Viola
investor.relations@nextechar.com
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.
SOURCE: Nextech3D.ai
