Mr. Evan Gappelberg reports

ARWAY.AI SELECTED BY TM FORUM TO PARTICIPATE IN SMART AIRPORT INITIATIVE ALONGSIDE INTEL, AMAZON, VODAFONE AND OTHER TECHNOLOGY PARTNERS

ARway Corp. will participate in the smart airport initiative managed by TM Forum. In addition to ARway, other partners in the program include Amazon Web Services, VANTIQ, FIWARE, Rockport Software, Intel, Mvine, Vodafone, Deloitte, Vertex, GS1, Heathrow Airport, DFW Airport and other technology partners.

ARway has been invited to participate in a smart airport initiative managed by TM Forum, a global industry association, and based on the ACRIS semantic model (supported by Airports Council International) that standardizes data flow between connected systems. The initiative will create a working solution that improves the major aspects of airport operations, including reservations, passenger management, facilities management, baggage, access control, decision intelligence and more. ARway will be providing the technologies used for wayfinding, retail advertising, promotion of traveller amenities et cetera, which will be accessed through a user's mobile device. The project is expected to be live in the fall of 2023.

Evan Gappelberg, chief executive officer, comments: "We are extremely gratified to be chosen as the AR navigation standard for airports and to work on this airport project alongside the biggest names in technology. We see this as a huge positive step forward and as a major validation of our technology for our investors." He continues, "ARway will be providing the technologies used for wayfinding, retail advertising, promotion of traveller amenities and will be helping to set the standard for augmented reality-assisted airport navigation globally."

About TM Forum

TM Forum is an alliance of 850-plus global companies working together to break down technology and cultural barriers between digital service providers, technology suppliers, consultancies and systems integrators.

Its work is defined by members, which include 10 of the world's top 10 network and communications providers, and stretches across 180 countries. Its members tap into each other's collective experiences and abilities to collaboratively solve complex industry-wide challenges, deploy new services and create technology breakthroughs to accelerate change.

Recent news:

• ARway's spatial computing platform launches V2.5 with AI-assisted augmented reality pathfinding experiences;
• ARway spatial computing solution gaining momentum as 2023 sales pipeline reaches over $2.5-million in revenue potential;
• ARway files pivotal augmented reality patent for its groundbreaking indoor navigation technology.

About ARway Corp.

ARway is a spatial computing platform powered by artificial intelligence providing an array of augmented reality experiences for indoor spaces. ARway's breakthrough no-code, no-beacon IPNN allows for the easy creation of navigation, tours, information sharing, notifications, advertising and gamification. ARway works seamlessly as a cross-platform solution on iOS/Android. ARway's technology is optimized for both mobile devices and AR glasses: Apple's Vision Pro, Magic Leap and Microsoft's HoloLens. ARway has unlimited use cases for augmenting physical spaces, making it a valuable tool for creators, brands and companies in various industries. The complete ARway platform includes: the Web creator studio, the ARwayKit software development kit, and a mobile app for iOS and Android.

Nextech 3D.ai

On Oct. 26, 2022, ARway was spun-out from its parent company, Nextech3D.ai (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2). Nextech retained a control ownership in ARway with 13 million shares, or a 50-per-cent stake. Nextech3D.ai is a metaverse company and leading provider of augmented reality (AR) experience technologies and 3-D model services. Nextech's AI-powered 3-D modelling platform, ARitize3D has contracts with: AMZN, KSS, CB2, Genuine Parts and many others.

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