22:30:22 EDT Mon 06 May 2024
Enter Symbol
or Name
USA
CA



ARway Corp
Symbol ARWY
Shares Issued 26,786,867
Close 2023-10-02 C$ 0.46
Market Cap C$ 12,321,959
Recent Sedar Documents

ARway details new indoor navigation partnerships

2023-10-03 10:28 ET - News Release

Mr. Evan Gappelberg reports

ARWAY.AI ANNOUNCES NEW PARTNERSHIP DEALS

ARway Corp. has formed new strategic international partnerships, which will propel ARway's reach further into the indoor navigation industry and toward profitability. These partners represent a significant growth opportunity for the company.

AI Africa, a digital agency and marketing company specializing in retail and event organization, has partnered with ARway to provide indoor navigation services to its clients. Its large portfolio of clients is varied. It includes a prominent social media company with a staggering monthly engagement of five million followers; the leading events company in South Africa, orchestrating a remarkable 70 events per year with the collaboration poised to elevate AI Africa's presence in the events industry, offering unparalleled opportunities for innovation and growth; a prominent local tourism department and a distinguished property management company that owns and manages 17 malls and shopping centres.

Vraxa, one of the top international production houses specialized in 360 videos and augmented reality/virtual reality/extended reality solutions using the latest technology, has partnered with ARway. It is an agency with a multitude of clients in retail, media, hospitals and more, representing a variety of use cases for ARway's technology.

Brink Interactive is an agency that is distinguished by seasoned practitioners across branding, customer experience, marketing technology, strategy and account services. Similar to Vraxa, it has a number of clients in various industries, representing a variety of use cases for ARway's technology. Brink Interactive has clients in retail, automotive, telecom, real estate and more.

These partners represent significant potential for ARway business, and follow the recent newly signed contract with Suleyman Demirel Universitesi situated in Isparta, Turkey. The university currently has approximately 70,000 students enrolled, making it the second-largest academic institution in Turkey. This new contract has two phases with phase 1 starting at around $10,000 and phase two worth six figures annually. This contract comes shortly after the recent announcements that ARway has signed a multiyear contract with Localiza, the largest car rental network in South America, to deliver a differentiated customer experience through newly established rental hubs at all major airports in Latin America, including AR navigation from baggage pickup to the transport depot, which includes car rentals, bus stops, Uber etc., and a phased rollout with one of the largest shopping malls in California.

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.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.