22:44:21 EDT Sun 28 Apr 2024
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or Name
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ARway Corp
Symbol ARWY
Shares Issued 26,786,867
Close 2024-03-05 C$ 0.55
Market Cap C$ 14,732,777
Recent Sedar Documents

ARway partners with DesignSA

2024-03-05 12:04 ET - News Release

Mr. Evan Gappelberg reports

ARWAY.AI ANNOUNCES NEW PARTNERSHIP AGREEMENT WITH DESIGNSA.ME SERVICING SAUDI ARABIAN GOVERNMENT PROJECTS WITH AR INDOOR NAVIGATION

ARway Corp. has entered a partnership with DesignSA.me. This deal will redefine government sectors by integrating ARway's cutting-edge technology into their applications through the ARwayKit SDK.

Advancing government services with DesignSA.me

DesignSA.me, based in Saudi Arabia, is at the forefront of providing technology and consulting services for government projects. Its work spans various sectors, including sustainability, defence, energy and exhibitions. By incorporating the ARwayKit SDK, DesignSA.me plans to introduce augmented reality into multiple government applications, enhancing the efficiency and effectiveness of public services.

This strategic partnership will allow DesignSA.me to implement ARway's technology with its esteemed clients, including the Ministry of Defense and the Ministry of Energy.

The integration of ARway's technology will enable more interactive and informative experiences for users, improving information delivery and engagement in critical government projects.

Bonus shares

The company has issued 200,000 common shares of the company as bonus shares to certain employees/consultants of the company. The bonus shares are being issued at a deemed price of 56 cents per share for past services rendered. All bonus shares issued are subject to a four month and one day hold period.

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About ARway Corp.

ARway's 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.

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