Nextech AR Solutions has a multi-year contract with one of Fortune’s most admired companies in the world 2021

VANCOUVER, British Columbia – (BUSINESS WIRE) – Nextech AR Solutions Corp. (“Nextech” or “Company”) (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (ESF: N29), a leading diversified augmented reality (“AR”) provider) experiences technologies and services, has is pleased to announce that it has been awarded a multi-year agreement with a European-based multinational company working in the energy and automation space with more than 100,000 employees in more than 100 countries. This new client has been named one of Fortune’s most admired companies in the world for years in a row.

The agreement allows for multiple areas of work defined over an initial two-year period using the company’s solutions for large corporate clients. Recently, Nextech has received an order of approximately CA $ 340,000 to design and deliver a live global summit in several countries simultaneously to engage, educate and train clients. The summit will use Nextech’s proprietary LiveX platform and includes multilingual technical support, streaming services, on-demand access, analytics and software licensing. Project planning is underway with the world summit to be held at the 4thth quarter of 2021.

“The incorporation of another Level 1 customer is a true testament to our sales team and the solutions we offer to global companies,” commented Evan Gappelberg, founder and CEO of Nextech. “For us, collaborations like this are just the tip of the iceberg. Our offer menu allows us to land and expand into these great organizations that recognize the value of partnering with an experienced and trusted supplier focused on customer success. In addition, these new associations provide us with a form of recurring income, as the new areas of work are identified, defined and delivered in the future in a collaborative way ”.

Solutions for companies

Nextech AR Solutions offers business organizations strategic solutions designed to help organizations with digital acceleration. Organizations looking for digital and hybrid strategies for learning, shopping, and community participation benefit from Nextech’s deep experience and technology platform that uses augmented reality, artificial intelligence, video streaming, the cloud and 5G. We reform with the company’s customers the digital and immersive future for retail and e-commerce, higher education, entertainment and hybrid events.

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About Nextech AR

Nextech develops and operates augmented reality (“AR”) platforms that transport three-dimensional (“3D”) product visualizations, human holograms, and 360 ° portals to its audiences by altering e-commerce, digital advertising, hybrid virtual events. (events held in a digital format combined with face-to-face assistance) and learning and training experiences.

Nextech focuses on the development of RA solutions; however, most of the company’s revenue currently comes from three e-commerce platforms: (“VCM”), (“IPL”), and (“TruLyfe”). VCM and sale of vacuum cleaner products, supplies and residential parts and small appliances sold on Amazon.

Prospective statements

NEO has not reviewed and accepts no responsibility for the suitability or accuracy of this version.

Certain information contained herein may constitute “forward-looking information” under Canadian securities law. In general, prospective information can be identified through the use of prospective terminology, such as “will be,” “look ahead,” or variations of words and phrases or statements that certain actions, events, or results “will occur”. . Prospective statements about the growing awareness of the company’s investors are based on the company’s estimates and are subject to risks, uncertainties and other known and unknown factors that may cause actual results, activity levels, performance or Nextech’s achievements are materially different. of those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs. These statements cannot be guaranteed to be accurate, as actual results and future events could differ materially from those provided for in these statements. Consequently, readers should not overly rely on forward-looking statements and information. Nextech will not update any forward-looking statements or forward-looking information that is incorporated herein by reference, except as required by applicable securities law.

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