Mr. Evan Gappelberg reports

ARWAY.AI LAUNCHES AUGMENTED REALITY GAMES

ARway Corp. has made available stock or custom augmented reality games as spatial experiences in the ARway studio. This strategic expansion is set to further solidify ARway's position as a leading innovator in AR technology as well as indoor spatial mapping. Augmented reality has gained significant interest. Statista figures show over 1.7 billion mobile AR user app devices will be worldwide in 2024.

Augmented reality gaming, also known as AR gaming, is the real-time integration of digital elements into the physical world. AR gaming harnesses the power of real-world environments, seamlessly blending them with interactive digital content, creating engaging and immersive experiences. Augmented reality games detect the real world and then overlay game visuals and audio using sensors such as cameras, microphones and global positioning system (GPS).

Evan Gappelberg, chief executive officer of ARway, commented: "The integration of AR games into the ARway platform is a game changer for our company. We see this as a major driver for the widespread adoption of ARway. Our vision is to continue providing innovative solutions that cater to various industries, and AR games play a vital role in this strategy."

According to intelivita, AR is revolutionizing the gaming world. Gamers can now enjoy a more immersive, competitive and engaging experience. Due to the numerous benefits of AR in gaming, its adoption will grow at a compound annual growth rate of 21.98 per cent between 2021 and 2028.

Augmented reality offers a range of benefits to the gaming industry. Some of these include: immersive gaming experiences, real-world interactions, social interactions, educational benefits, and, significantly, marketing and advertisement opportunities.

ARway's AR games integration is made possible through the ARwayKit software development kit (SDK). This addition complements the existing array of features within the ARway platform, including 3-D experiences, indoor navigation, advertisements, images, videos, text, hot spots and audio. The incorporation of AR games opens a new avenue for 3-D and AR game developers to integrate their stationary 3-D games into the ARway platform, offering immersive, location-persistent experiences.

One prominent example of ARway's AR games integration is Nextech's AR-powered event mobile app. This app will feature 10 out-of-the-box AR games, creating sponsorship opportunities for event organizers and show managers, while enhancing attendee engagement and creating memorable moments at events.

ARway's diverse customer base, spanning retail, airports, museums, marketing agencies and more, can now leverage the platform to publish location-persistent and branded AR games that best suit their unique use cases. This expansion empowers ARway's partners in the gaming industry to distribute their gaming assets through the platform, gaining access to a broader audience and user base.

Importantly, ARway's AR games integration offers full support for out-of-the-box game assets across Unity, the preferred 3-D gaming platform for AR game developers. Unity provides the capability to customize and optimize graphics across various platforms, from mobile devices to high-end consoles and PCs.

Investors and stakeholders can look forward to exciting opportunities as ARway continues to innovate in the AR space. The integration of custom AR games is set to drive growth and further establish ARway as a leader in the augmented reality industry.

The company has issued 500,000 three-year stock options at 60 cents, as part of the company's option program.

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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