InvestorNewsBreaks – Nextech AR Solutions Corp. (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29) Technology Selected by City of London for Metaverse Launch

October 13, 2021 10:50 AM EDT

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Nextech (CSE: NTAR) (NEO: NTAR) (OTCQB: NEXCF) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services, has announced the launch of its “mini-metaverse” at “Harmony at London Wall Place” in the City of London . Nextech’s ARway spatial mapping technology and software development kit (“SDK”) powers the City of London Metaverse. In August 2021, Nextech announced its acquisition of ARway, a leader in spatial computer mapping. Through combining spatial mapping with artificial intelligence to scan and recognize surroundings, Nextech’s customers can now create hyper-accurate, location-based 3D mapping, critical to wayfinding and building the Metaverse. “As a resident of London , it’s gratifying to see this mini-metaverse launched in my own backyard. The City of London’s adoption of ARway’s and Nextech’s mini-metaverse technology, implemented at large scale is a real validation and proof of concept,” said Baran Korkmaz, founder of ARway. “This is a unique use case involving major players — Guildhall and the London Symphony Orchestra and our technology is allowing thousands of users to experience this artwork through augmented reality. This is just the beginning and I have no doubt that this implementation at the City of London will generate interest about the metaverse from around the world. I can’t wait to see the adoption of Nextech’s mini-metaverse technology in other cities throughout the globe.”

To view the full press releases, visit https://ibn.fm/jwRzX and https://ibn.fm/q35mE

About Nextech AR Solutions Corp.

Nextech develops and operates augmented reality (“AR”) platforms that transports three-dimensional (“3D”) product visualizations, human holograms and 360° 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 are also sold on Amazon. For more information about the company, 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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