The Investment Pitch media video describes the Nextech AR solution and a significant order of 7,500 3D models from a Canadian Business Journal blue-chip customer.

VANCOUVER, British Columbia, Sept. 21, 2022 (GLOBE NEWSWIRE) — Nextech AR Solutions Corp. (OTCQB:NEXCF) (CSE:NTAR) (FSE:N29) is a Metaverse company, a technology and A leading provider of services. has received orders for 7,500 of his 3D models, over 50% of which have already been delivered, with the rest he expects to be delivered early in the fourth quarter of 2022.

Media snippets accompanying this announcement are available by clicking the image or link below.

For more information, see our InvestmentPitch Media video, which provides additional information about this news and the company, along with video commentary from Evan Gappelberg, CEO of Nextech AR. You can watch the video at “”.investment pitch“When”Youtube”. If these links are not enabled, please visit the following URLs: www.InvestmentPitch.com Type “Nextech” in the search box.

The company’s ARitize 3D uses artificial intelligence to transform existing 2D product images into high-quality 3D and augmented reality experiences. With 3D models, customers can interact with products to rotate, rotate, scale, and see details effectively, resulting in a 93% increase in click-through rates and lower product photography costs. 90% reduction.

The company is uniquely positioned in the market to meet the rapidly growing global demand for 3D models, whose ARitize 3D and CAD to POLY technologies are projected to grow from $4.48, an elite is an end-to-end integrated solution for He will go from $1 billion in 2021 to $12.13 billion by 2028, a compound annual growth rate of 15.5%.

According to Shopify, 3D augmented reality product models have been proven to increase conversions by 94% and reduce returns by 40% online. For some product pages, 3D/AR models have increased conversion rates by up to 250%.

In addition to being the world’s largest prime e-commerce marketplace 3D model supplier, the company will continue to grow its recurring revenue base with a record number of new 3D modeling deals for e-commerce in 2022. I’m here. New contract wins and existing contract renewals and expansions are fueling the company’s rapid growth of his 3D models and augmented reality business in e-commerce and Web 3.0.

The stock is trading at $0.82. For more information, visit his website for the following companies: www.NextechAR.comInvestor Relations is handled by Lindsay Betts. [email protected].

Disclaimer

The information in this Investmentpitch Media Ltd video is for viewer information. Nextech AR Solutions paid him no more than $2,000 in cash to produce the current news release in video format. Company information is based on publicly available information. Information provided by Investmentpitch Media Ltd. through its media services is not to be construed as a recommendation, offer or offer to buy or sell securities and is provided solely as an information media service. Investmentpitch Media Ltd makes no warranties or promises as to the accuracy or completeness of this information. All due diligence must be done by the viewer or their financial advisor. Investing in securities is speculative and involves risk.

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