Mr. Evan Gappelberg reports

ARWAY.AI SIGNS MULTI-YEAR CONTRACT WITH THE LARGEST CAR RENTAL NETWORK IN SOUTH AMERICA LOCALIZA RENT A CAR S.A.

ARway Corp. has signed a contract with the largest car rental network in South America, Localiza Rent a Car SA (LZRFY), with 540 locations in nine countries. This project is a key component of Localiza's efforts to deliver a differentiated customer experience through newly established rental hubs at all major airports in Latin America. The augmented reality (AR) navigation will be for travellers renting cars in branches located in airports and off-airport locations.

Originally announced in February, 2023, this pilot initially launched ARway's navigation technology at a single international airport in Sao Paulo, Brazil, allowing travellers to easily find their way around the airport, saving them time and effort as they navigate to the rental car branch. This program includes AR navigation from baggage pickup to the transport depot, which includes car rentals, bus stops, Uber etc.

The ARway platform uses spatial computing to create a 3-D map of the airport, which can be used by passengers to quickly and easily find the right terminal, gate and other points of interest on their way to their car rental. The system also has voice commands and other features, making it even easier to use and more convenient than traditional navigation methods.

ARway's chief executive officer, Evan Gappelberg, commented: "We are thrilled to see ARway signing significant high-profile deals with major brands and enterprise customers like Localiza. This rollout has the potential to touch millions of travellers throughout South America and improve their travel experience as they navigate for the first time from the airport to a Localiza transit hub." He continues: "We expect to see more major rollouts in the coming weeks and months, with the goal of covering the globe in ARway's easy to use indoor AR navigation -- just like GPS works for outside navigation. The applications are endless ... airports, shopping malls, museums, college campuses, hotel resorts and more -- stay tuned!"

Investor livestream details

Join CEO Mr. Gappelberg and chief product officer Shadnam Khan live as they discuss deals and the importance of software-as-a-service plus the CPO will demo ARway's new software development kit capabilities.

Time: 9 a.m. Pacific Time/12 p.m. Eastern Time

Date: today, Aug. 23, 2023

About ARway Corp.

ARway is a spatial computing platform powered by artificial intelligence (AI) providing an array of augmented reality (AR) 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 (SDK), and a mobile app for iOS and Android.

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