Nextech (CSE: NTAR) (OTCQB: NEXCF) (FSE: N29), a metaverse company and leading provider of augmented reality (“AR”) experience technologies and services, today announced upgrades to its AR spatial mapping platform, “ARway.” As previously announced, ARway is being spun out as a stand-alone public company marking what Nextech believes will be the first publicly traded “pure play” spatial computing platform. “I am confident that spatial computing is the technology industry’s next big breakthrough, possibly the most important technology breakthrough in the 21st century because spatial computing merges many disruptive technologies including 3D models, augmented reality, VR, AI, and Web 3.0. Spatial computing expands the concept of ‘traditional computing’ by adding a 3D object’s location in space in relation to other objects or locations,” said Nextech CEO Evan Gappelberg. “During the first half of 2022, Nextech AR has been hard at work developing an integrated solution combining all our technology into one unified platform, which allows us to leverage our technology, stay ahead of the curve and keep pushing the boundaries of what’s possible with spatial computing. I’m super excited to announce that we have integrated our ARitize 3D CMS into our ARway offerings. We now can combine spatial mapping, and insert thousands of 3D models into the spatial, creating an end-to-end solution for creators and brands that is unmatched anywhere. Not only does ARway provide immersive and engaging spatial experiences for consumers, but we can also provide valuable analytical data for brands and properties. With our ability to capture ‘location intelligence’ for spatial maps, we can provide deep insights into customer behaviour and comprehensive location-based analytics. This will allow our clients to optimize their spatial maps to improve traffic, engagement and revenue, which is extremely valuable for enterprise customers who are now lining up for the full release of ARway.”

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About Nextech AR Solutions Corp.

Nextech is the engine accelerating the growth of the metaverse. Using breakthrough AI, Nextech AR is able to quickly, easily and affordably ARitize (transform) vast quantities and varieties of existing assets at scale, making products, people and places ready for interactive 3D use, giving creators at every level all the essential tools they need to build out their digital AR vision in the metaverse. Nextech’s platform-agnostic tools allow brands, educators, students, manufacturers, creators, and technologists to create immersive, interactive and the most photo-realistic 3D assets and digital environments, compose AR experiences, and publish them omnichannel. With a full suite of end-to-end AR solutions in 3D commerce, education, events, and industrial manufacturing, Nextech AR is in a unique position to meet the needs of the world’s biggest brands and all metaverse contributors. For more information about the company, visit www.NextechAR.com.

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