Join Live Today July 5 at 2pm ET / 11am ET
TORONTO, ON / ACCESSWIRE / July 5, 2023 / Nextech3D.AI (formally "Nextech AR Solutions Corp'' or the "Company") (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers is pleased to announce that the Company will hold an investor livestream today, Wednesday July 5 at 2pm ET/11am PT.
CEO Evan Gappelberg
COO Reza Davariar
As they discuss the Nextech3D.ai and Amazon Partnership and what it means for the Company's future.
Link to Join: https://www.youtube.com/watch?v=0hf2lSg-Ufg
Nextech3D.ai invites individual and institutional investors, as well as advisors and analysts, to attend this real-time interactive investor livestream.
The CEO will host a question-and-answer period with investors to conclude the event.
Date: Wednesday, July 5, 2023
Time: 2:00 p.m Eastern Time / 11:00 a.m Pacific Time
Presenters: Evan Gappelberg (CEO), and Reza Davariar (COO)
Link to Join: https://www.youtube.com/watch?v=0hf2lSg-Ufg
Nextech3D.ai provides AI-powered 3D modeling solutions focusing on the e-commerce industry. The Company's breakthrough patented-based generative AI technology enables 3D model creation, CAD-POLY and 2D to 3D conversion, which has positioned it as a leader in the industry. The Company is already a preferred 3D model supplier for Amazon, representing a massive growth opportunity since only a minuscule >1% of the 300 million products listed on Amazon have been converted from 2D-3D. Thus far, Nextech3D.ai has delivered approximately 25,000 models to Amazon. With the increasing popularity of e-commerce globally, the Company's services are becoming more valuable, providing an excellent runway for ongoing growth. The Company also supplies some of the largest brands and platforms including; Kohls, Target, Dyson, Eletrolux, LifeFitness, P&G, CB2, Bucketplace, and more.
The Company is focused on increasing its breakthrough generative AI to scale 3D model production and increase profit margins from the 40% range to the 80% range and going cash flow positive, which the Company believes is achievable with its breakthrough AI.
Last week, the Company announced it had surpassed a total of over 37,700 3D models delivered to all of its customers in various e-commerce industries and sees significant growth potential ahead as hundreds of millions of products go 3D as merchants are pivoting from 2D flat photos to 3D experiences in the e-commerce marketplace.
Be sure to tune in live today Wednesday July 5 at 2pm ET/11am ET to learn more about Nextech3D.ai's AI-powered 3D modeling technology and its partnership with Amazon as a preferred 3D model supplier.
- Nextech3D.ai Announces New 3D Model Deals Continuing to Drive Its Growth, As Company Surpasses 37,700 3D Models Produced
- Nextech3D.ai Issues Shareholder Update
- Nextech3D.ai AI- IPO Spin-off Toggle3D.ai Approved By The Canadian Securities Exchange (CSE) to Trade on Wednesday June 14th Symbol: TGGL
- Nextech3D.ai Showcases Its Patent Pending Groundbreaking AI for Fixed Point Diffusion Of 2D to 3D Model Conversion
The Public Company CEO Experience Podcast
Nextech3D.ai has recently "The Public Company CEO Experience Podcast," featuring Evan Gappelberg, a highly accomplished three-time public company CEO and serial entrepreneur. The podcast offers listeners an exclusive behind-the-scenes look into the dynamic life of a public company CEO with valuable insights, while also discussing trending topics and providing business updates on Nexech3D.ai, Toggle3D.ai, and ARway.ai.
To learn more please visit https://www.nextechar.com/investors/the-ceo-experience
(formally "Nextech AR Solutions Corp" or the "Company") (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2 is a diversified augmented reality, AI technology company that leverages proprietary artificial intelligence (AI) to create 3D experiences for the metaverse. Its main businesses are creating 3D WebAR photorealistic models for the Prime Ecommerce Marketplace as well as many other online retailers. The Company develops or acquires what it believes are disruptive technologies and once commercialized, spins them out as stand-alone public Companies issuing a stock dividend to shareholders while retaining a significant ownership stake in the public spin-out.
On October 26, 2022 Nextech3D.ai spun out its spatial computing platform, "ARway.ai" as a stand alone public Company. ARway.ai is disrupting the augmented reality wayfinding market with a no-code, no beacon spatial computing platform enabled by visual marker tracking. Nextech3D.ai retained 13 million shares in ARway and distributed 4 million shares to Nextech3D.ai shareholders. ARway.ai is currently listed on the Canadian Securities Exchange (CSE:ARWY), in USA on the OTCQB (OTC: ARWYF) and Internationally on the Frankfurt Stock Exchange (FSE: E65).
On June 14, 2023, the Company completed its second spinout of Toggle3D.ai, a groundbreaking SaaS solution that utilizes generative AI to convert CAD files, apply stunning 4K texturing, and enable seamless publishing of superior 4K 3D models. Nextech3D.ai retained 13 million shares in Toggle3D.ai and distributed 4 million shares to Nextech3D.ai shareholders. Toggle3D.ai is trading on the Canadian Securities Exchange (CSE:TGGL) and in the USA (OTC:TGGLF).
For further information, please contact:
Investor Relations Contact
866-ARITIZE (274-8493) Ext 7201
CEO and Director
The CSE 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" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as 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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