Mr. Evan Gappelberg reports

ARWAY.AI CEO EVAN GAPPELBERG BUYS 18,000 SHARES OF COMPANY STOCK IN OPEN MARKET PURCHASE

ARway Corp. chief executive officer Evan Gappelberg purchased 18,000 shares in open market buys on Aug. 24 and 25 with an average purchase price of 45 U.S. cents or 61 cents.

Mr. Gappelberg, CEO of ARway, comments: "It's clear to me that our technology is very valuable and being well received by our customers, which include mall operators, rental car companies, museums, stadiums, hospitals and developers. It's also clear to me that our share price is very low and not reflective of the upside potential that I see with our augmented reality platform." He continues: "We are only just entering the first inning of a nine-inning game. I believe that we have the technology and team to be a leader in the indoor positioning and navigation market which is estimated to be worth $5.9-billion today growing at a CAGR [compound annual growth rate] of 42.6 per cent and is expected to reach $102-billion by the end of this decade, according to Maximizer market research. That's why I'm buying stock and adding to my position here."

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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