Vancouver, B.C., Canada –– Nextech AR Solutions (“Nextech” or the “Company”) (OTCQB: NEXCF) (NEO: NTAR.NE) (CSE: NTAR) (FSE: N29), a diversified leading provider of virtual and augmented reality (AR) experience technologies and services for eCommerce, education, advertising, conferences and events, today announced that The Broad Institute of MIT and Harvard has selected Nextech AR’s Virtual Experience Platform (VXP) to host over a dozen seminars for its work on the Human Cell called ‘The Human Cell Atlas,’ a comprehensive reference maps of all human cells—the fundamental units of life—as a basis for both understanding human health and diagnosing, monitoring, and treating disease.
Evan Gappelberg CEO of NexTech comments;
“This 3-year contract with the Broad Institute of MIT and Harvard is extremely gratifying and a testament to how our platforms continually are being selected by the best-in-class’.” He continues, “In 2021 we are off to a strong start as we are seeing a continuation in global demand from Fortune 1000 businesses, global organizations, Universities, Associations, nonprofits and well-known brands for our AR technologies and platforms. I believe that we are still just in the first inning of the global digital transformation that began in 2020, being led by 5G, AR, AI, The Internet of Things, blockchain, Cloud, and Edge Computing. The potential of these emerging technologies is truly staggering and I’m humbled that our young company’s technologies are being adopted by large global brands and organizations like the Broad Institute of MIT and Harvard. This 3-year contract and others continues to solidify our place as one of the key technology suppliers of this digital transformation.”
About Broad Institute:
The Broad Institute spans some of Boston’s leading institutions Harvard, MIT, and Harvard-affiliated hospitals and scientific disciplines biology, chemistry, medicine, computer science, and engineering. Today, the Broad community includes more than three thousand scientists, committed to advancing research in areas including infectious disease, cancer, psychiatric research, and cardiovascular disease.
NexTech’s platforms services many Fortune 500 businesses, universities, and global organizations such as Amazon Viacom, Johnson and Johnson, Bell Canada, UNESCO, Dell Technologies, Luxottica, Vulcan Inc , TEDx, Grundfos, Arch Insurance, Carnegie Mellon,
To learn more about Nextech AR, please visit www.nextechar.com
The company is pursuing four verticals:
Virtual Experience Platform (VXP): An advanced Augmented Reality and Video Learning Experience Platform for Events, is a SaaS video platform that integrates Interactive Video, Artificial Intelligence and Augmented Reality in one secure platform to allow enterprises the ability to create the world’s most engaging virtual event management and learning experiences. Automated closed captions and translations to over 64 languages. With Nextech’s VXP platform having augmented reality, AI, end-to-end encryption and built in language translation for 64 languages, the company is well positioned to rapidly take market share as the growth accelerates globally.
ARitize™ For eCommerce: The company launched its SaaS platform for webAR in eCommerce early in 2019. Nextech has a ‘full funnel’ end-to-end eCommerce solution for the AR industry including its Aritize360 app for 3D product capture, 3D/AR ads, its Aritize white label app it’s ‘Try it On’ technology for online apparel, 3D and 360-degree product views, and ‘one click buy’.
ARitize™ 3D/AR Advertising Platform: The ad platform will be the AR industry’s first end-to-end solution whereby the company will leverage its 3D asset creation into 3D/AR ads on it’s owned and operated digital properties..
ARitize™ Hollywood Studios: The studio is in development producing immersive content using 360 video, and augmented reality as the primary display platform.
On behalf of the Board of Nextech AR Solutions Corp.
CEO and Director
The NEO 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”, “looking forward” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements regarding the Company increasing investors awareness are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of Nextech to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs. There can be no assurance that such statements will prove to be accurate, as actual results and 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.
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