Nextech AR Solutions (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a diversified leading provider of augmented reality (“AR”) experience technologies and services, has entered into a multiyear agreement with a European-based, multinational company that has been named one of Fortune’s World’s Most Admired Companies. According to the announcement, the global company operates in the energy and automation markets has more than 100,000 employees working in more than 100 countries. The agreement calls for the two companies to partner together on multiple, defined scopes of work for the next two years, utilizing Nextech’s solutions for large enterprise clients. This announcement follows the company receiving a C$340-million order to design and deliver a live broadcast, global summit focused on client engagement, education and training. “The onboarding of another Tier 1 customer is a true testament to our sales team and the solutions we offer global enterprises,” said Nextech founder and CEO Evan Gappelberg in the press release. “For us, partnerships like this are just the tip of the iceberg. Our menu of offerings allows us to land and then expand into these large organizations who recognize the value of partnering with a seasoned and trusted provider focused on customer success. Furthermore, these new partnerships provide us with a form of recurring revenue as new scopes of work are collaboratively identified, defined and delivered in the future.”
To view the full press release, visit https://ibn.fm/SdpoP
About Nextech AR Solutions Corp.
Nextech develops and operates augmented reality (“AR”) platforms that transport 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”). For more information about the company, please 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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