Nextech AR Solutions (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality (“AR”) for eCommerce, AR learning applications, AR-enhanced video conferencing and virtual events, has closed on a multi-event deal with FENEX. FENEX is the fenestration sector’s (fenestration refers to all openings in the building envelope, including curtain walls, windows, doors and skylights) first virtual exhibition platform powered by LiveX. According to the announcement, the Nextech-FENEX partnership will reach more than 30,000 people in the home-improvement space. The deal outlines how FENEX will use Nextech’s LiveX platform to create a digital marketplace where consumers can interface with manufacturers, distributors and retailers; try new products via augmented reality; and receive information about home-improvement options from top UK vendors such as Deceuninck, ODL Europe, VBH, Brisant and GQA Qualifications. In addition, FENEX has signed a strategic partnership to resell Nextech’s AR solutions to the home remodeling and builder’s community. “We value highly strategic ecosystem builders like FENEX who are developing the digital marketplaces of the future for high-growth sectors leveraging Nextech’s augmented reality and LiveX platforms,” said Nextech CEO Evan Gappelberg in the press release. “We believe that digital product demos will become a standard in sectors like home improvement, where buyers can engage with technical products from every angle with step-by-step instructions in 3D.”
To view the full press release, visit https://ibn.fm/IPklR
About Nextech AR Solutions Corp.
Nextech develops and operates augmented reality (“AR”) platforms that transport three-dimensional (“3D”) product visualizations, human holograms and 360-degree portals to its audiences altering e-commerce, digital advertising, hybrid virtual events (events held in a digital format blended with in-person attendance) and learning and training experiences.
Nextech focuses on developing AR solutions; however, most of the company’s revenues are derived from three e-commerce platforms: vacuumcleanermarket.com (“VCM”), infinitepetlife.com (“IPL”) and Trulyfesupplements.com (“TruLyfe”). VCM and product sales of residential vacuums, supplies and parts, and small home appliances sold on Amazon. For more information about the company, please 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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