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CORRECTION: Nextech3D.ai Migrates MAP Dynamics to AWS, Enabling Scalable AI Architecture and Accelerated Deployment

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Nextech3D.ai (NEXCF) has announced the successful migration of its MAP Dynamics event management platform from liquid web to Amazon Web Services (AWS). This strategic move enables faster AI feature development, enhanced platform reliability, and global scalability. The migration provides key AI-driven advantages including rapid feature deployment, intelligent scalability, enterprise-grade security, global expansion capabilities, and near-zero downtime. CEO Evan Gappelberg highlighted improved financial position with reduced burn rate and operational efficiency. Additionally, the company issued 15,500,351 share purchase warrants to service providers at CAD$0.05 per share, exercisable over one year in monthly tranches.
Nextech3D.ai (NEXCF) ha annunciato il completamento della migrazione della sua piattaforma di gestione eventi MAP Dynamics da Liquid Web ad Amazon Web Services (AWS). Questa mossa strategica consente uno sviluppo più rapido delle funzionalità AI, una maggiore affidabilità della piattaforma e una scalabilità globale. La migrazione offre vantaggi chiave basati sull'intelligenza artificiale, tra cui un rapido rilascio delle funzionalità, scalabilità intelligente, sicurezza di livello aziendale, capacità di espansione globale e quasi nessun tempo di inattività. Il CEO Evan Gappelberg ha sottolineato il miglioramento della posizione finanziaria grazie a una riduzione del tasso di consumo di risorse e una maggiore efficienza operativa. Inoltre, la società ha emesso 15.500.351 warrant di acquisto azioni a favore di fornitori di servizi, al prezzo di CAD$0,05 per azione, esercitabili in un anno con tranche mensili.
Nextech3D.ai (NEXCF) ha anunciado la exitosa migración de su plataforma de gestión de eventos MAP Dynamics desde Liquid Web a Amazon Web Services (AWS). Este movimiento estratégico permite un desarrollo más rápido de funciones de IA, mayor fiabilidad de la plataforma y escalabilidad global. La migración ofrece ventajas clave impulsadas por IA, incluyendo despliegue rápido de funciones, escalabilidad inteligente, seguridad de nivel empresarial, capacidades de expansión global y casi ningún tiempo de inactividad. El CEO Evan Gappelberg destacó la mejora en la posición financiera gracias a una reducción en la tasa de consumo y una mayor eficiencia operativa. Además, la compañía emitió 15.500.351 warrants para la compra de acciones a proveedores de servicios a CAD$0.05 por acción, ejercibles durante un año en tramos mensuales.
Nextech3D.ai(NEXCF)는 자사의 MAP Dynamics 이벤트 관리 플랫폼을 Liquid Web에서 Amazon Web Services(AWS)로 성공적으로 이전했다고 발표했습니다. 이번 전략적 이전으로 AI 기능 개발 속도가 빨라지고 플랫폼 신뢰성 및 글로벌 확장성이 향상되었습니다. 이번 이전은 빠른 기능 배포, 지능형 확장성, 기업 수준의 보안, 글로벌 확장 능력, 거의 무중단 운영 등 AI 기반의 주요 이점을 제공합니다. CEO 에반 개펠버그는 소진율 감소와 운영 효율성 향상으로 재무 상태가 개선되었다고 강조했습니다. 또한, 회사는 서비스 제공자에게 주당 CAD$0.05에 15,500,351주의 주식 매수 워런트를 발행했으며, 1년 동안 매월 분할 행사할 수 있습니다.
Nextech3D.ai (NEXCF) a annoncé la migration réussie de sa plateforme de gestion d'événements MAP Dynamics de Liquid Web vers Amazon Web Services (AWS). Ce mouvement stratégique permet un développement plus rapide des fonctionnalités d'IA, une fiabilité accrue de la plateforme et une scalabilité mondiale. La migration offre des avantages clés pilotés par l'IA, notamment un déploiement rapide des fonctionnalités, une scalabilité intelligente, une sécurité de niveau entreprise, des capacités d'expansion globale et une quasi-absence de temps d'arrêt. Le PDG Evan Gappelberg a souligné l'amélioration de la situation financière grâce à une réduction du taux de consommation et une efficacité opérationnelle accrue. De plus, la société a émis 15 500 351 bons de souscription d'actions à des prestataires de services, au prix de 0,05 CAD par action, exerçables sur un an par tranches mensuelles.
Nextech3D.ai (NEXCF) hat die erfolgreiche Migration seiner Event-Management-Plattform MAP Dynamics von Liquid Web zu Amazon Web Services (AWS) bekanntgegeben. Dieser strategische Schritt ermöglicht eine schnellere Entwicklung von KI-Funktionen, verbesserte Plattformzuverlässigkeit und globale Skalierbarkeit. Die Migration bietet wichtige KI-getriebene Vorteile wie schnelle Feature-Einführung, intelligente Skalierbarkeit, Sicherheit auf Unternehmensniveau, globale Expansionsmöglichkeiten und nahezu keine Ausfallzeiten. CEO Evan Gappelberg hob die verbesserte finanzielle Lage durch reduzierte Burn-Rate und operative Effizienz hervor. Zudem gab das Unternehmen 15.500.351 Aktienkauf-Warrants an Dienstleister zu je CAD$0,05 pro Aktie aus, die über ein Jahr in monatlichen Tranchen ausgeübt werden können.
Positive
  • Migration to AWS enables faster AI feature development and improved platform reliability
  • Company reports reduced burn rate and improved operational efficiency
  • Platform now capable of global scalability with region-specific AI optimization
  • Enhanced security features with AI-powered anomaly detection
Negative
  • Potential dilution from 15.5M new share purchase warrants issued at CAD$0.05
  • Significant investment required for AWS migration and infrastructure

TORONTO, ON / ACCESS Newswire / May 30, 2025 / Nextech3D.AI (OTCQB:NEXCF)(CSE:NTAR)(FSE:1SS), a leading technology company specializing in AI-powered 3D modeling, AI Event Management and AI Navigation, announces the migration from liquid web to AWS. This Cloud migration enables faster feature development, better customer experience, and a stronger competitive position in the global AI event technology market.

Evan Gappelberg, CEO of Nextech3D.ai comments "Our investment in AWS is more than a cloud migration-it's the foundation for MAP Dynamics to become an AI-native event platform. With AWS, we can now deploy advanced AI-driven features faster than ever before, enhance real-time performance, and expand globally - all while delivering unmatched reliability and intelligence for our users." Gappelberg continues "Our successful migration to AWS is just one part of a broader strategy to optimize operations and position Nextech3D.ai for sustainable, long-term growth. Over the past year, we've made significant progress in managing our financials-reducing our burn rate and improving operational efficiency. As a result, the company is now in a much stronger and more stable financial position, allowing us to invest confidently in our AI roadmap and product innovation."

The successful migration of its flagship MAP Dynamics event management platform to Amazon Web Services (AWS) is designed to accelerate the development of new features, enhance platform reliability, and enable global scalability - positioning MAP Dynamics to deliver exceptional customer experiences and capture increased market share.

As event organizers increasingly demand robust, flexible, and feature-rich solutions, Nextech3D.AI's investment in AWS provides the foundation to meet those expectations. The migration empowers the company to innovate faster, serve larger events, and compete more effectively with other global providers in the digital event management space.

Key AI-Driven Advantages Enabled by the Migration:

  • Rapid AI Feature Deployment:
    The AWS infrastructure empowers Nextech3D.ai to integrate machine learning and predictive analytics into MAP Dynamics - from intelligent booth recommendations to automated attendee matchmaking and behavior insights.

  • Intelligent Scalability & Performance:
    AI algorithms dynamically allocate system resources based on real-time usage, ensuring consistent, high-speed performance - even during peak event traffic.

  • Enterprise-Grade Security with Smart Monitoring:
    AWS's advanced security tools combined with AI-powered anomaly detection offer enhanced protection of customer data and 24/7 system health monitoring.

  • Global Expansion with Local AI Optimization:
    With AWS's worldwide reach, Nextech3D.ai can deploy region-specific AI models to tailor event experiences based on language, cultural preferences, and regional regulations.

  • Near-Zero Downtime & AI-Enhanced Reliability:
    Redundant infrastructure, automated failovers, and intelligent system diagnostics minimize interruptions and ensure seamless user experiences across devices and geographies.

This migration lays the groundwork for MAP Dynamics' transformation into an adaptive, intelligent event tech platform that not only meets but anticipates organizer needs - from planning through execution.

As the demand for smart, flexible, and scalable event solutions continues to rise, Nextech3D.ai's partnership with AWS ensures MAP Dynamics remains at the forefront of AI innovation in the digital events space.

For more information about the MAP Dynamics platform and Nextech3D.AI's technology solutions, please visit: www.NextechAR.com

Nextech3D.AI has also renewed its share purchase warrant program, issuing 15,500,351 share purchase warrants (the "Warrants") to service providers as part of their employment and consulting agreements. Each Warrant grants the right to acquire one common share at an exercise price of CAD$0.05 for a one-year period. The Warrants will be exercised in equal monthly tranches, with recipients able to either receive shares or participate in a managed sale program for cash proceeds. This move demonstrates the company's commitment to rewarding and retaining its talented workforce, while also aligning their interests with the company's long-term success.

Nextech3D.AI and Arway remain committed to driving innovation and value creation through strategic acquisitions, operational enhancements, and a relentless focus on delivering solutions that meet the evolving needs of their customers. With the success of the Map D, Nextech3D.AI is well-positioned for continued growth in the rapidly expanding AI, 3D modeling, and augmented reality sectors.

For more information, visit Nextech3D.ai.

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For more information and full report go to

https://www.sedarplus.ca

For further information, please contact:
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.

Nextech3D.AI has also renewed its share purchase warrant program, issuing 15,500,351 share purchase warrants (the "Warrants") to service providers as part of their employment and consulting agreements. Each Warrant grants the right to acquire one common share at an exercise price of CAD$0.05 for a one-year period. The Warrants will be exercised in equal monthly tranches, with recipients able to either receive shares or participate in a managed sale program for cash proceeds. This move demonstrates the company's commitment to rewarding and retaining its talented workforce, while also aligning their interests with the company's long-term success.

Nextech3D.AI and ARway remain committed to driving innovation and value creation through strategic acquisitions, operational enhancements, and a relentless focus on delivering solutions that meet the evolving needs of their customers. With the success of the Map D, Nextech3D.AI is well-positioned for continued growth in the rapidly expanding AI-powered 3D modeling, AI Event Management and AI Navigation.

For more information, visit Nextech3D.ai.

Sign up for Investor News and Info - Click Here

For more information and full report go to

https://www.sedarplus.ca

For further information, please contact:

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



View the original press release on ACCESS Newswire

FAQ

What are the main benefits of Nextech3D.ai's migration to AWS?

The AWS migration enables faster AI feature development, better platform reliability, intelligent scalability, enhanced security, and global expansion capabilities with near-zero downtime.

How many share purchase warrants did Nextech3D.ai (NEXCF) issue and at what price?

Nextech3D.ai issued 15,500,351 share purchase warrants at an exercise price of CAD$0.05 per share, exercisable over a one-year period in monthly tranches.

What improvements has Nextech3D.ai reported in its financial position?

The company reported reduced burn rate, improved operational efficiency, and a stronger, more stable financial position allowing for investment in AI roadmap and product innovation.

How will the AWS migration impact MAP Dynamics' AI capabilities?

The migration enables integration of machine learning and predictive analytics, including intelligent booth recommendations, automated attendee matchmaking, and behavior insights.

What security features are included in Nextech3D.ai's AWS migration?

The migration includes AWS's advanced security tools combined with AI-powered anomaly detection, offering enhanced protection of customer data and 24/7 system health monitoring.
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