InvestorNewsBreaks – Nextech AR Solutions Corp. (CSE: NTAR) (OTCQB: NEXCF) (FSE: N29) Secures Large 3D Model Purchase Order, Poised to Ride ‘Decade-Long Megatrend’

Sep 20, 2022

Nextech (CSE: NTAR) (OTCQB: NEXCF) (FSE: N29) is a metaverse company and leading provider of augmented reality (“AR”) experience technologies and 3D model services. The company today announced its receipt of a purchase order for 7,500 3D models, with over 50% already delivered and the balance expected to be delivered in early fourth quarter 2022. “A rapidly rising number of large companies within the ecommerce ecosystem are recognizing the game-changing ROI with up to a 93% increase in CTR, a 250% increase in conversions and 40% reduction in returns by implementing 3D/AR models on their ecommerce websites,” said Nextech CEO Evan Gappelberg. “We are currently working directly with the largest ecommerce marketplaces and some of the world’s largest ecommerce retailers including Kohl’s, CB2, Genuine Parts and others. We also offer ‘one click integration’ with the largest ecommerce platforms including Shopify, BigCommerce and WooCommerce, who are now all rolling out 3D/AR and setting the standard for Web 3.0 in ecommerce. In my opinion, it is evident that massive transformation from 2D photos to 3D models is happening now in the trillion dollar ecommerce sector. All ecommerce businesses must go 3D to stay competitive in the marketplace. We anticipated this moment back in 2018, and now with the transition from flat 2D photos to 3D models in full swing, really as the standard globally, Nextech is perfectly positioned to ride what I believe is a decade-long megatrend. Companies who don’t adopt a 3D/AR ecommerce strategy will be left behind, as 3D/AR produces immersive shopping experiences that customers now expect. With our end-to-end integrated solutions, white glove service, ability to scale production, and large enterprise customers, Nextech AR is emerging as the digital twin ecommerce leader.”

To view the full press release, visit https://ibn.fm/5PpKP

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. The company’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.

NOTE TO INVESTORS: The latest news and updates relating to NEXCF are available in the company’s newsroom at https://ibn.fm/NEXCF

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