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Cloud DX Reveals EXtended Reality  Division to Bring to Market Award-Winning, Patented Metaverse Application

Cloud DX Reveals EXtended Reality Division to Bring to Market Award-Winning, Patented Metaverse Application

Cloud XR's Virtual Clinician Assistant™ offers healthcare teams an immersive and real-time augmented clinical experience, ripe for the evolving Medical Metaverse.

News in Summary

  • In its commitment to medical innovation, Cloud DX publicly unveils its Cloud XR division, after 6 years of development, to support the Medical Metaverse with its 3D holographic eXtended reality experience
  • The next iteration of this ground-breaking innovation combines the patented, award-winning VITALITI™ vital sign monitor with Microsoft's Hololens 2 or Apple's AR application along with additional integration to hospital record systems.

Cloud DX Inc. (the "Company" or "Cloud DX") (TSXV:CDX) (OTC:CDXFF), is pleased to announce the launch of its Cloud XR division as the company pursues opportunities to deliver its Virtual Clinician Assistant in an eXtended Reality platform consisting of Cloud DX's VITALITI™ continuous vital sign monitor and Connected Health software platform to render realistic 3D holographic images. This digital experience runs on Microsoft's Hololens 2 headset or through the Apple AR application. Together, this futuristic system is designed serve as a fully functioning cornerstone of the new Medical Metaverse

In October 2021, Facebook CEO Mark Zuckerberg announced that his iconic company's name would change to "Meta", an acknowledgment that the concept of the Metaverse had reached critical mass. Applications that provide real and concrete benefits in the Metaverse are gaining attention worldwide - especially those that intersect with health care.

The Cloud XR division will work with current and emerging partners to complete, test, and launch a fully 3D holographic hardware and software solution that had been in development by Cloud DX and Sheridan Center for Mobile Innovation since 2016.

This Metaverse application will allow clinicians to view 3D holographic representations of a patient's body, real-time vital sign readings, diagnostic images, and other data from their Electronic Medical Record (EMR). The Hololens 2 user interface (UI) allows clinicians to either view cutaway 3D representations of patients physically in front of them, or a patient located anywhere in the world with a 3D holographic "body" floating in space. Users can control the application with a combination of voice commands and hand gestures.

Real time data on all main vital signs are gathered by the Company's proprietary VITALITI™ continuous vital sign monitor, a patented and patent-pending system that collects heart rate, pulse rate variability, respiration, core body temperature, 5-lead ECG signals, blood oxygen saturation and most importantly, continuous non-invasive blood pressure.

The Cloud XR application is set to be integrated to a hospital's EMR system, allowing clinicians instant touch-free access to diagnostic images (x-rays, CT scans), medication records, charts, notes and other key data. Likewise, the voice command system allows doctors to dictate notes, order medications, and practice Metaverse medicine completely hands-free.

Cloud DX eXtended Reality is protected by two granted US patents, with additional patents pending in Canada, China, the European Union, and Australia.

VITALITI™ by Cloud DX has received multiple prestigious awards, including the first-ever XPRIZE Bold Epic Innovator Award, Fast Company magazine "World Changing Idea" finalist, MEDy Award for Convergence from Exponential Medicine, a 2021 Edison Award and is co-winner of the National Sciences and Engineering Research Council of Canada's 2021 Synergy Award along with Sheridan College, specifically for the eXtended Reality system.

An early iteration of the Cloud XR platform was displayed at a Singularity University event in Toronto in 2017 where it was featured in a Discovery Channel TV episode.

Applications for the eXtended Reality platform include touchless, hands-free interaction with patients vulnerable to infection, remote examination and treatment of patients by clinicians in any location, and the ability of multiple clinicians to consult on an examination of a patient from different locations. Cloud DX believes its Virtual Clinician Assistant is the most full-featured innovation currently under development for the Medical Metaverse.

"We began working with Cloud DX on the Clinic of the Future project in 2016, and together we have created a fully functioning platform with many real-life benefits for both patients and clinicians, especially as we emerge from the global pandemic," said Dr. Edward Sykes, Director, Sheridan Center for Mobile Innovation "I'm extremely excited to see Cloud DX commit to the next stage of testing and initial deployment of the VITALITI and Hololens 2 combination".

"After six years of intensive work, we are ready to show the world our cutting-edge eXtended Reality platform - at a moment in time when the delivery of services in a fully virtual Metaverse is becoming the clear direction that many technologies are heading," said Robert Kaul, CEO and Founder of Cloud DX "Once again, Cloud DX has showcased its ability to be on the forefront of innovation, with an integrated system that extends our mission to make health care better for everyone."


ABOUT Cloud DX

Accelerating virtual healthcare, Cloud DX is on a mission to make healthcare better for everyone. Our Connected Health TM remote patient monitoring platform is used by healthcare enterprises and care teams across North America to virtually manage chronic disease, enable aging in place, and deliver hospital-quality post-surgical care in the home. Our partners achieve better healthcare and patient outcomes, reduce the need for hospitalization or re-admission, and reduce healthcare delivery costs through more efficient use of resources. Cloud DX is the co-winner of the Qualcomm Tricorder XPRIZE, a 2021 Edison Award winner, a Fast Company "World Changing Idea" finalist, and one of "Canada's Ten Most Prominent Telehealth Providers". In 2021, Cloud DX became an exclusive partner of Medtronic Canada.

Cloud DX Investor Sitehttps://ir.clouddx.com/overview/default.aspx

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Social Links

Twitter: https://twitter.com/CloudDX
Facebook https://www.facebook.com/clouddxinc/
LinkedIn https://www.linkedin.com/company/cloud-dx/
Instagram https://www.instagram.com/cloud.dx/

For media inquiries please contact:
Janine Scott
Marketing Lead
888-543-0944
janine.scott@clouddx.com

For investor inquiries please contact:
Jay Bedard
Cloud DX Investor Relations
647-881-8418
jay.bedard@clouddx.com

SOURCE: Cloud DX Inc.



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Cloud DX partners with Sheridan College on Medical Metaverse Research and Development

Cloud DX partners with Sheridan College on Medical Metaverse Research and Development

Developing the Clinic of the Future, Cloud DX work to be supported by Sheridan College through federal grant

News in Summary

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Cloud DX Signs Contract with Paramedical Service Provider for Remote Patient Monitoring

Cloud DX Signs Contract with Paramedical Service Provider for Remote Patient Monitoring

Cloud DX chosen as Virtual Care Platform for the Ontario Paramedical Service provider, replacing existing hardware and services

Cloud DX (TSXV:CDX)(OTCQX:CDXFF) is pleased to announce a new 24-month contract with an Ontario Paramedic Service Provider enabling the client to provide Remote Patient Monitoring (RPM) across its serviceable area. Cloud DX will provide its award-winning Connected Health™ platform and support the client as it transitions from its previous remote care tools to Cloud DX's Virtual Care Platform. The client showcases how beneficial ‘Remote Care Monitoring' is for Paramedical Service providers, enabling providers to establish deeper community roots and maintain funding levels, while community members benefit from greater access to much-needed care. The client has purchased 223 Connected Health™ kits totalling ~$145,000 CAD with additional recurring fees for subscription software services. Funding for the program comes from the $82.5M Community Paramedicine for Long-Term Care program announced by the Ontario government on October 22, 2021

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Cloud DX Signs Two Contracts with US Primary Care Clinics

Cloud DX Signs Two Contracts with US Primary Care Clinics

Continued growth in US RPM as partner Maxwell Telecare signs two additional clinics in Illinois

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Cloud DX Signs New Palliative Contract with Ontario Healthcare Team

Cloud DX Signs New Palliative Contract with Ontario Healthcare Team

Cloud DX Signs New Palliative Contract with Ontario Healthcare Team

Healthcare team to use Connected Health™ kits to provide dignity in care for up to 85 patients

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Cloud DX Announces Closing of Private Placement

Cloud DX Announces Closing of Private Placement

Cloud DX (TSXV:CDX)(OTCQB:CDXFF), a leading North American provider of virtual care and Remote Patient Monitoring (RPM) solutions, is pleased to announce that it has closed a non-brokered private placement (the "Private Placement") of 260 units (the "Units") of the Corporation at a price of $1,000 per Unit, for gross proceeds of $260,000 (the "Offering"). Each Unit is comprised of (i) a C$1,000 principal amount unsecured convertible debenture (each, a "Debenture") and (ii) 1,430 common share purchase warrants of the Corporation (each, a "Warrant"). The Debentures will mature on January 27, 2025 (the "Maturity Date") and shall bear interest at a simple rate of 10% per annum. The principal amount of the Debentures may be converted at the election of the holder thereof into common shares in the capital of the Company ("Common Shares") at a conversion price of C$0.35 per Common Share (the "Conversion Price") at any time prior to the Maturity Date. Each Warrant entitles the holder thereof to acquire one common share of the Corporation (each, a "Common Share") at a price of C$0.50 per Common Share at any time prior to 4:30 p.m. (Toronto Time) on January 27, 2024

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Nextech3D.ai Shareholders Approve IPO Spin-out of Its Generative-AI CAD-3D Design Studio "Toggle3D.ai"

Nextech3D.ai Shareholders Approve IPO Spin-out of Its Generative-AI CAD-3D Design Studio "Toggle3D.ai"

On June 8th, Nextech3D.ai shareholders of record set to receive a 4,000,000 share stock dividend on a pro-rata basis

Expected trade date for Toggle3D.ai is June 13, 2023

CSE Stock Symbol: TGGL

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 it has now received shareholder approval at the Annual and Special Meeting of shareholders of the Company held on June 5, 2023 to proceed with its proposed plan of arrangement (the "Arrangement") under the Business Corporations Act (British Columbia) to spinout the Company's Toggle3D.ai CAD-3D design Studio and associated assets. The final court hearing to approve the plan of arrangement is scheduled for June 9th, 2023 with a record date of June 8th and listing. The expected trade date for Toggle3D.ai CSE:TGGL is June 13, 2023 (subject to approvals) of the Canadian Securities Exchange

As previously announced, the Arrangement will result in, among other things, Nextech3D.ai receiving an aggregate of 13,000,000 common shares of Toggle3D ("Spinco Shares'') and an aggregate of 4,000,000 Toggle3D.ai ("Spinco") shares being distributed directly to the shareholders of Nextech3D.ai on a pro rata basis.

Toggle3D is 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, serving various industries within the $160 billion CGI market. With its Augmented Reality-based rapid prototyping web app, Toggle3D empowers designers, artists, marketers, and eCommerce owners to effortlessly convert, texture, customize, and publish high-quality 3D models and experiences, regardless of technical or 3D design
expertise.

Watch a video showcasing Toggle3D - view below or click here

After the IPO spin-out Nextech3D.ai is going to retain 13,000,000 shares or about a 50% ownership stake in Toggle3D.ai. The Company plans to sell approximately 8,400,000 shares at $0.25 per unit (including a $0.50 warrant). The Company has raised $2.1 million dollars giving Toggle3D.ai a $7.1 million post-money valuation.

The spin-out of Toggle3D.ai follows Nextech's successful spin-out on 10/26/2022 of ARway.ai, currently trading on (CSE:ARWY), (OTCQB:ARWYF) and (FSE:E65)

Toggle3D.ai is emerging as a standalone public Company, initially trading on the Canadian Securities Exchange (CSE) as TGGL, with plans to expand its presence to the Frankfurt and OTC markets in the near future. This strategic move not only drives innovation but also unlocks substantial shareholder value, reflecting Nextech3D.ai's commitment to driving the industry forward.

Join us for a Special Toggle3D Investor Live Stream Thursday June 8th

CEO Evan Gappelberg will discuss the upcoming IPO spin-out.

Plus Chief Product Officer, Dasha Vdovina will provide an exciting updated product presentation of Toggle3D.

Date: Thursday, June 8 2023
Time: 10:00 a.m Eastern Time
Join Live: https://www.youtube.com/watch?v=siPTb1xcLDM

The Company has hired GRA Enterprises LLC of 112 Camp Lane, Mooresville, NC 28117-8925 (the "Consultant") to provide increased market awareness for the Company for a term of 6 months. The effective date of the term is May 29, 2023 and the term will end on November 29, 2023. The Company has paid the Consultant a total of $50,000 for the term of the agreement.

About Toggle3D
Toggle3D.ai, introduced in September 2022, is a cutting-edge standalone web application that combines augmented reality (AR) technology with user-friendly features, allowing product designers, 3D artists, marketing professionals, and eCommerce site owners to effortlessly create, customize, and publish top-tier 3D models and immersive experiences, even without prior technical or 3D design expertise. The Company strongly believes that Toggle3D.ai represents a groundbreaking solution, being the first platform of its kind, with the potential to revolutionize the manufacturing and design industry. It offers an affordable and scalable approach to converting large CAD files into lightweight 3D models, making it a game changer for businesses in this sector.

Toggle3D.ai Benefits Over 3D Legacy Software

NO Learning Curve
Toggle3D.ai stands out from legacy 3D design software by eliminating the learning curve and making 3D design accessible to everyone, regardless of their technical background. Unlike traditional systems that require months of learning, Toggle3D.ai simplifies the process by humanizing design terminology, providing guided templates, and using machine learning to make the tools user-friendly.

Web-based Collaboration
Being web-based, users can access Toggle3D.ai instantly on their browsers without the need for downloads, updates, or system compatibility concerns. Additionally, the platform offers advanced in-app collaboration features, enabling multiple users to work together on the same project in real-time, facilitating quick feedback, decision-making, and cross-department collaboration.

These collaborative tools empower businesses to adopt 3D design organization-wide, enhancing workflow efficiency and unleashing the potential of group iteration.

Recent Toggle3D.ai News

Further Details of the Arrangement

The Directors and Officers of Toggle3D.ai on closing of the Arrangement are anticipated to be as follows:

Evan Gappelberg - Chief Executive Officer.
Mr. Gappelberg, the dynamic Director and CEO of Nextech, is a seasoned entrepreneur renowned for his ability to launch and lead successful start-ups. With expertise in funding, operations, and public markets, he brings a wealth of experience to the table. As the visionary behind over 500 popular apps on Apple's iTunes and Google Play stores, Gappelberg's entrepreneurial journey began even before his impressive Wall Street career as a hedge fund manager and Senior VP of Finance. With a remarkable track record and deep knowledge of capital markets, he is a driving force in managing Nextech's growth as a public company.

Belinda Tyldesley - Director and Corporate Secretary.
Mrs. Tyldesley is the President of Closing Bell Services, a consulting company that provides corporate secretarial services. Mrs. Tyldesley has extensive experience across all sectors of the economy with regulatory compliance in all Canadian jurisdictions and reporting issuers listed on the Toronto Stock Exchange (TSX), the TSX Venture Exchange (TSX-V), Canadian Securities Exchange (CSE) and the NEO Exchange (NEO), as well as providing legal assistance and secretarial services. Mrs. Tyldesley holds an Associate Diploma in Business Legal Practice from Holmesglen College in Melbourne, Australia. She currently serves as the Corporate Secretary and a director of Nextech and Arway.

Andrew Chan - Chief Financial Officer.
Mr. Chan has over 20 years of experience across finance, accounting, business analytics, and strategy, focusing on the technology and financial services sectors with half of his career serving high-growth, public technology companies. Mr. Chan has successfully integrated and led finance-related functional groups including treasury and banking, corporate reporting and budgeting and was instrumental in forging strong relationships with business unit leaders to enable successful revenue forecasting and delivery. He currently serves as the Chief Financial Officer of Nextech and Arway. Mr.Chan is a Chartered Public Accountant (CPA, CA) and also holds a Bachelor of Commerce degree specializing in accounting and finance from the University of Toronto.

Jeff Dawley - Director.
Mr. Dawley is President and Co-Founder of Cybersecurity Compliance Corp., a cybersecurity company, and previously served as the Principal and Chief Financial Officer of BridgePoint Financial Group, a litigation finance group of companies. Mr. Dawley currently serves as a director of Nextech and Arway.

To learn more, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit our website: https://www.Nextechar.com.

About Nextech3D.ai

(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" as a stand alone public Company. Nextech3D.ai retained a control ownership in ARway Corp. with 13 million shares, or a 50% stake, and distributed 4 million shares to Nextech AR Shareholders. ARway 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). ARway Corp. is disrupting the augmented reality wayfinding market with a no-code, no beacon spatial computing platform enabled by visual marker tracking.

On December 14, 2022 Nextech announced its second spinout of Toggle3D, an AI-powered 3D design studio to compete with Adobe. Toggle3D is expected to be public in the first half of 2023.

For further information, please contact:

Investor Relations Contact
Lindsay Betts
investor.relations@Nextechar.com
866-ARITIZE (274-8493) Ext 7201

Nextech3D.ai
Evan Gappelberg
CEO and Director
866-ARITIZE (274-8493)

Forward-looking Statements

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.

SOURCE: Nextech3D.ai



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ARway.ai Congratulates Apple On Its Industry Leading "Apple Vision Pro" Augmented Reality Headset

ARway.ai Congratulates Apple On Its Industry Leading "Apple Vision Pro" Augmented Reality Headset

ARway Intends to Distribute its AR Platform through Apple's Vision Pro Hardware

ARway.ai ("ARway" or the "Company") (CSE:ARWY)(OTCQB:ARWYF)(FSE:E65) is an AI powered Augmented Reality Experience platform with a disruptive no-code, no beacon spatial computing solution enabled by visual marker tracking with centimeter precision congratulates Apple on its release of its Apple Vision Pro Headset. ARway currently provides software solutions compatible with other AR Headsets, such as Magic Leap 2 and HoloLens 2, and intends to distribute its groundbreaking indoor navigation and 3D technology with the Apple ecosystem. It is anticipated that adoption of "Apple Vision Pro" will be a massive boost for the augmented reality industry, opening up a large new market opportunity for ARway's technology. ARway is a provider of the software solution for the Apple Vision Pro

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Cleantech Power Corp. Provides Update on Failure to File Cease Trade Order

Cleantech Power Corp. Provides Update on Failure to File Cease Trade Order

Cleantech Power Corp. (formerly, Alkaline Fuel Cell Power Corp.) (the "Company" or "Cleantech") (NEO: PWWR) (OTCQB: PWWRF) (Frankfurt: E43, WKN: A3EEHV), announces that further to its press release dated May 15, 2023, the British Columbia Securities Commission (the "BCSC") has issued a failure to file cease trade order against the Company ("FTFCTO") which orders that general trading, whether direct or indirect, by any person, of the securities of the Company cease, which includes trading of the shares of the Company on the NEO Exchange. The Company is diligently working with its auditors to conclude the filings at the earliest possible time.

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GMG Announces Independently Verified Heat Transfer and Energy Savings Results from THERMAL-XR

GMG Announces Independently Verified Heat Transfer and Energy Savings Results from THERMAL-XR

Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to release further results of Energy Savings Tests on a 4.3kw refrigeration system and Heat Transfer demonstrations on Aluminium and Copper. The results provide additional confidence in the potential benefits of THERMAL-XR® (TXR) in a range of applications.

ENERGY SAVINGS WHEN THERMAL-XR® APPLIED TO A NEW CONDENSER COIL

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Nextech3D.ai Showcases Its Patent Pending Groundbreaking AI for Fixed Point Diffusion of 2D to 3D Model Conversion

Nextech3D.ai Showcases Its Patent Pending Groundbreaking AI for Fixed Point Diffusion of 2D to 3D Model Conversion

Company is rapidly developing and patenting its generative AI technology forcreating 3D models in e-commerce

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 the Company has successfully executed the first end-to-end demonstration in the real-world of its "FIXED POINT DIFFUSION FOR ROBUST 2D TO 3D CONVERSION" technology to be used for e-commerce. Nextech3D.ai uses fixed-point diffusion for learning to construct 3D models from 2D reference photos as was described in a recently filed provisional patent

Watch a video showcasing Fixed Point Diffusion technology for 2D to 3D conversion: click here

Diffusion models provide a solution for creating 3D models from 2D reference photos, either as a whole, or part-by-part by evolving differentiable, deformable templates to convert into 3D parts, conditioned on one or more reference photos of the part. Fixed-point diffusion builds on that idea and ensures the resulting final mesh has clean, predictable quad topology suitable for further editing and rendering. As previously announced, over the last several years Nextech3D.ai has been building tens of thousands of high-quality, fully textured, 4K photo-realistic 3D assets, with millions of individual parts. These 3D parts get harvested into Nextech3D.ai's "3D parts library", synthetically rendering them from random views, and using them to train new diffusion models that are able to autonomously reconstruct 3D mesh parts from reference photos.

In March of this year, the Company announced it had filed a pivotal patent protecting this technology, titled "Fixed-point diffusion for robust 2D to 3D conversion and other applications." This patent builds on the Company's previous patents filed. Earlier in 2023, a patent was filed titled "Generative AI for 3D Model Creation from 2D Photos using Stable Diffusion with Deformable Template Conditioning", and late last year the Company filed a patent for creating complex 3D models by parts. The game-changing AI technology underpinning these patents places the Company in a leadership position in the 3D modeling for e-commerce space and positions the Company to generate significant revenue acceleration and cash flow in 2023 and beyond.

Nextech3D.ai is rapidly becoming the dominant 3D model supplier in the 2D photo -3D models transformation happening in the $5.5 trillion dollar global e-commerce industry estimated to be worth $100 billion.

Nima Sarshar, Chief Technology Officer of Nextech3D.ai commented, "We are very proud to demonstrate the first end-to-end real world demonstration of our fixed point diffusion technology for e-commerce. With the development of our fixed-point diffusion models, we are able to offer a new reliable, and innovative way to generate 3D models at scale from 2D reference photos. Our recent patent applications and speedy developments based on them, showcase our laser-focused determination to drive innovation in the field of generative AI for 3D."

Recent News

  • Nextech3D.ai Launches The Public Company CEO Experience Podcast
  • Nextech3D.ai Game-Changing Generative-AI CAD 3D Design Studio Toggle3D.ai Primed For $7 Million June IPO
  • Nextech3D.ai Reports Sales Surging +550% YoY & Record 3D Modeling Revenue For First Quarter 2023
  • Nextech3D.ai Receives $2 Million in Cash From $400 Million FinTech Ratio Tech
  • Nextech3D.ai Signs Enterprise Renewal Contract with S&P 400 Company For Over 5000 3D Models
  • Nextech3D.ai Signs 3D Modeling Expansion Contract With Vornado Air LLC To Bring 3D Models Onto The Prime Marketplace

To learn more, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit our website: https://www.Nextechar.com.

About Nextech3D.ai

(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" as a stand alone public Company. Nextech3D.ai retained a control ownership in ARway Corp. with 13 million shares, or a 50% stake, and distributed 4 million shares to Nextech AR Shareholders. ARway 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). ARway Corp. is disrupting the augmented reality wayfinding market with a no-code, no beacon spatial computing platform enabled by visual marker tracking.

On December 14, 2022 Nextech announced its second spinout of Toggle3D, an AI-powered 3D design studio to compete with Adobe. Toggle3D is expected to be public in the first half of 2023.

For further information, please contact:

Investor Relations Contact
Lindsay Betts
investor.relations@Nextechar.com
866-ARITIZE (274-8493) Ext 7201

Nextech3D.ai
Evan Gappelberg
CEO and Director
866-ARITIZE (274-8493)

Forward-looking Statements
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.

SOURCE: Nextech3D.ai



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ARway.ai Announces Cross Platform Compatibility Across Magic Leap & Hololens As it Prepares For Additional AR Glasses Compatibility

ARway.ai Announces Cross Platform Compatibility Across Magic Leap & Hololens As it Prepares For Additional AR Glasses Compatibility

ARway.ai ("ARway" or the "Company") (CSE:ARWY)(OTCQB:ARWYF)(FSE:E65) is an AI powered Augmented Reality Experience platform with a disruptive no-code, no beacon spatial computing solution enabled by visual marker tracking with centimeter precision announces the compatibility between the future of AR smart headsets and ARway. Currently, there are two industry leaders in this space that ARway's cutting-edge technology is compatible with: Magic Leap and Microsoft HoloLens

Magic Leap is an industry-leading hardware company known for its wave guide technology. Their latest AR glasses product, Magic Leap 2, has made significant advancements in optics. It boasts the best field of view and image quality in the industry, along with innovative dimming capabilities. It also comes with a precise controller for enhanced user experience.

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