Nextech AR Solutions (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse company and leading provider of augmented reality (“AR”) experience technologies and services, announced that it has joined the Khronos(R) Group. Nextech AR will be a contributor member of the group, which is an open consortium of more than 180 companies that collaborate together to advance standards in 3D, AR, virtual reality (“VR”) and Metaverse. The move is indicative of Nextech’s status as a key player and thought leader in the metaverse and 3D-modeling industry as well as the company’s deep commitment to play an active role in identifying and following consistent guidelines and standards for Metaverse content creation; Nextech AR’s participation in the group keeps the company at the forefront of emerging technology and technological advances. “We are excited to join this incredible group of leading companies to help further the creation and adoption of 3D virtual products across a variety of platforms,” said Nextech AR CEO Evan Gappelberg in the press release. “As 3D visualization technologies become more prevalent, it’s crucial to be able to present these experiences consistently across multiple consumer endpoints like eCommerce websites, apps, in social feeds, and in ad units. . . . Our diverse tech stack and leadership position in the 3D model e-commerce market makes us an ideal member for this group, as we’re able to address a major pain point through our ARitize 3D solutions, transforming content from 2D and CAD into 3D in the most economically scalable method available on the market. We look forward to collaborating together with Khronos to solve the industry’s friction points within 3D visualization and to develop new standards that can shape the future of the technology.”
To view the full press release, visit https://ibn.fm/gwgMf
About Nextech AR Solutions Corp.
Nextech AR Solutions is a Metaverse company that develops and operates augmented reality (“AR”) platforms, transporting 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 for the Metaverse, 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 sold on Amazon. For more information about the company, please visit www.NextechAR.com.
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