Mr. Evan Gappelberg reports

ARWAY.AI THE SPATIAL COMPUTING PLATFORM SIGNS NEW DEAL WITH SAUDI ARABIAN AGENCY FOR AR NAVIGATION

ARway Corp. has signed a new deal with AI Safer, the esteemed agency of record for the Royal Institute of Traditional Arts in Saudi Arabia. This collaboration marks a significant step in enhancing visitor experiences at museums and tourist attractions across Saudi Arabia through state-of-the-art AR (augmented reality) navigation technology.

AI Safer, renowned for its commitment to innovative and safe technological solutions in the realm of arts and culture, has chosen ARway for its expertise in creating immersive and interactive AR environments. This contract will see the integration of ARway's cutting-edge navigation technology in key cultural sites, offering visitors a unique, engaging and educational experience.

ARway chief executive officer Evan Gappelberg commented: "ARway is excited to partner with AI Safer and the Royal Institute of Traditional Arts to bring our advanced AR navigation to the rich cultural landscape of Saudi Arabia. Our technology will enable visitors to explore museums and attractions in an entirely new way, making each visit more informative, interactive and enjoyable. This deal truly showcases the global scale of our technology and the continued increase in demand we've been seeing throughout the world for various use cases and industries."

The implementation of ARway's navigation technology is set to begin in March, 2024.

This initiative aligns with Saudi Arabia's Vision 2030, which emphasizes the development of the cultural sector and the enhancement of the tourism experience. The AR navigation system will guide visitors through various exhibits and points of interest, providing contextual information and interactive elements to deepen their understanding and appreciation of Saudi Arabia's rich cultural heritage.

Apple Vision Pro

In September, 2023, ARway announced the company was selected to participate at Apple's Vision Pro Developer Labs in Cupertino, Calif. As a result, ARway completed a first build of the ARway platform on Apple's Vision Pro hardware and realityOS operating system. ARway currently delivers optimal performance on iOS devices and will seamlessly integrate into Apple's ecosystem.

Apple announced Apple Vision Pro will be available beginning Friday, Feb. 2, 2024, at all U.S. Apple Store locations and the U.S. Apple Store on-line. Mr. Gappelberg commented: "The long-awaited Apple AR glasses are here. We have been waiting for this moment since 2019 and I'm extremely excited to announce that it has finally arrived. I see this as an enormous opportunity for early investors to participate in the next big thing -- augmented reality and spatial computing technology. ARway is purpose built for the Vision Pro Launch."

The consumer adoption of Apple Vision Pro will be a massive boost for the augmented reality industry, opening up a new market opportunity for ARway's technology as the company is a software solution provider for the Apple Vision Pro. ARway.ai's use cases in indoor navigation and recent efforts have focused precisely on AR glasses integration, aligning the company's vision and execution with the industry shift to 3-D/AR.

Public Company CEO Experience podcast

A new episode of the Public Company CEO Experience podcast is now available.

Episode 6: ARway.ai update on Apple Vision Pro Launch

In this episode, Mr. Gappelberg provides a progress report on ARway.ai as well as what the imminent launch of Apple Vision Pro will mean for the company going forward. As the Apple launch is only weeks away from the recording of this episode, Mr. Gappelberg also provides additional detail around the ARway.ai patented augmented reality spatial computing platform, increased adoption rates across a growing customer portfolio and how the company is well poised to be the leader in indoor wayfinding.

About ARway Inc.

ARway.ai 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.

Nextech3D.AI

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

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