InvestmentPitch Media Video Features Fiona Forbes Interview of Evan Gappelberg, CEO of Nextech AR Solutions

Rhea-AI Summary

Nextech AR Solutions (OTCQB:NEXCF) has introduced significant advancements in its technology, launching AR wayfinding within event spaces and enhancing its ARway spatial mapping platform. CEO Evan Gappelberg discussed these developments in an interview with InvestmentPitch Media. The collaboration with Map D aims to provide a comprehensive event management solution, integrating AR wayfinding and event management features. This innovation is anticipated to boost revenue potential and improve visitor experiences at events, enhancing the metaverse's role in event management.

Positive

• Launch of AR wayfinding technology enhances event management capabilities.
• Integration with Map D creates a comprehensive event management product.
• Anticipated growth in the event space for ARway and Map D.

Negative

• None.

VANCOUVER, British Columbia, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Nextech AR Solutions’ (OTCQB:NEXCF) (CSE:NTAR) (FSE:N29) Evan Gappelberg, CEO, is interviewed by Fiona Forbes of InvestmentPitch Media. Nextech AR Solutions, a metaverse company and leading provider of augmented reality (“AR”) experience technologies and 3D model services launched a major new technology advancement with AR wayfinding into the events spaces as well as upgrades to its augmented reality spatial mapping platform, “ARway.”

A Media Snippet accompanying this announcement is available by clicking on the image or link below:

InvestmentPitch Media has produced and is hosting the interview video, which is available for viewing on “InvestmentPitch” and on “YouTube”. If these links are not enabled, please visit www.InvestmentPitch.com and enter “Nextech” in the search box.

ARway and Map D, a self-serve event management software solution, are now offering clients a total package event management product that now includes AR wayfinding, opening up another major potential revenue driver. AR wayfinding is a natural fit between ARway and Map D events which manages almost one thousand events annually

Map D features a number of key services for event planning and management. These include attendee ticket sales, interactive floor plans; online booth sales, real-time event updates; management tools for exhibitors, sponsors, speakers, and sessions; location-based content and notifications; and the ability to easily create compelling AR experiences. This was bolstered by the addition of wayfinding, which is navigation with AR activations to improve the visitor experience in large and complex spaces.

It is anticipated that Map D and ARway will continue to grow in the event space, and that the potential for wayfinding capabilities in the metaverse, and particularly for events, will only continue to grow.

About the ARway Offering

Web Creator Platform

The Web-Based Creator Platform provides 'advanced' authoring capabilities compared to the mobile app, including the ability for creators to upload their own OBJ/GLB files, and create their own 3D objects. Placing content in a large area using only mobile app required the user to physically be in the specific location which was unscalable. The web studio allows the user to place and author content remotely and at scale.

Mobile App

With the ARway mobile app, anyone can spatially map their location within minutes using their smartphone, and populate it with interactive 3D content, augmented reality wayfinding, audio, text, images, and more. Nextech AR provides several pre-loaded 3D objects which creators can leverage to populate their metaverse. The platform has a Visual Position System (“VPS”) which Nextech refers to as Mapping and Localization where users can map and enable VPS in any area through the platform. Occlusion, depth sensing and segmentation are also available. Users can share their metaverse with others, creating a new level of immersive interactivity for social, branding, advertising, gaming and more metaverse experiences.

The shares are trading at $0.86. For more information, please visit the company’s website at www.NextechAR.com. Investor Relations is handled by Lindsay Betts, who can be reached at 866-274-8493 or by email at investor.relations@nextechar.com.

Disclaimer

The information in this Investmentpitch Media Ltd video is for the viewers information only. Nextech AR Solutions has paid a fee not exceeding $2,000 in cash to have its current news release produced in video format. The corporate information is based on information that is publicly available. Any information provided by Investmentpitch Media Ltd., through its media services is not to be construed as a recommendation or suggestion or offer to buy or sell securities but is provided solely as an informational media service. Investmentpitch Media Ltd makes no warranties or undertakings as to the accuracy or completeness of this information. All due diligence should be done by the viewer or their financial advisor. Investing in securities is speculative and carries risk.

About InvestmentPitch Media

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FAQ

What is the recent technology advancement by Nextech AR Solutions?

Nextech AR Solutions launched AR wayfinding technology within event spaces.

How does AR wayfinding benefit Nextech AR Solutions?

AR wayfinding enhances event management and visitor experiences, opening new revenue opportunities.

What company is associated with Nextech AR Solutions' event management solution?

Map D is the company collaborating with Nextech AR Solutions to provide integrated event management services.

What is the stock symbol for Nextech AR Solutions?

The stock symbol for Nextech AR Solutions is NEXCF.

Where can I watch the interview with Nextech AR Solutions CEO?

The interview is available on InvestmentPitch Media and YouTube.