Thursday, August 5, 2021

MissionIRNewsBreaks – Nextech AR Solutions Corp. (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29) Announces Upcoming Launch of Human Hologram Creation

Nextech AR Solutions (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality (“AR”) for eCommerce, AR learning applications, AR-enhanced video conferencing and virtual events, has begun integration of its mixed-reality (“MR”) solution HoloX into Microsoft’s HoloLens2. HoloX is a human hologram application, and the new integrated offering is designed to support gesture controls across HoloX’s UI and UX, enabling users to navigate the application using eye-tracking and hand-gesture features. The company anticipates the new solution will be available sometime in September 2021. According to the announcement, AR/MR smart glasses add 3D images and animations to a screen on the glasses. The first product coming out of Nextech’s AR Innovation Labs to support head-mounted displays, Nextech’s HoloLens is designed to offer a more realistic human hologram presence. The company anticipates that this new solution could provide potential development opportunities in other industries, including education, medical, military field training, etc.,  where immersive interactions are key to remote collaboration. “The AR computer-glasses industry is going to be substantial with Facebook, SNAP, Apple, Google, Lenovo and Microsoft all coming out with their own version,” said Nextech CEO Evan Gappelberg in the press release. “We are starting with Microsoft, as they are clearly targeting HoloLens at corporations, and the government, places where we already have customer relationships and we see very specific use cases for our human holograms. . . . We see this integration with Microsoft HoloLens and our powerful content creation application HoloX as one of the key building blocks that sets us up for future success as the AR glasses industry is now rapidly accelerating.”

To view the full press release, visit https://ibn.fm/oacrN

About Nextech AR Solutions Corp.

Nextech develops and operates augmented reality (“AR”) platforms that transport three-dimensional (“3D”) product visualizations, human holograms and 360-degree 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 sold on Amazon. 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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MissionIRNewsBreaks provide a rapid summary of corporate news that catch the attention of MissionIR. MissionIRNewsBreaks are created by our Team of professional journalists that keep a constant eye on the markets, these posts are designed to inform you on the latest happenings of our clients and other publicly traded companies on our radar. From earnings, acquisitions and agreements to conference attendance and clinical study results, our news breaks keep you up-to-date with the day’s top movers. MissionIR is primarily focused on strategic communications. We have executed countless communications programs to address the needs of companies ranging from start-ups to established industry leaders, gaining valuable experience and the expertise necessary to determine the most effective strategy for any given situation.

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