Mr. Evan Gappelberg reports

PRICE INCREASES BEING DRIVEN BY GROWING GLOBAL DEMAND FOR SPATIAL COMPUTING, INDOOR NAVIGATION & LOCATION BASED AR EXPERIENCES

ARway Corp.'s ARway.ai has launched a new pricing structure and brand new website. ARway is redefining the way developers and businesses interact with spatial computing and augmented reality technology, providing more robust solutions at valuable rates.

ARway has experienced significant growth and is anticipating upcoming expansions in the company's developer subscriptions and partnerships. As of now, ARway.ai proudly hosts 51 software-as-a-service subscription accounts. The ARway platform continues to gain traction among tech enthusiasts, evident from the 3,700-plus starter plan (free trial) users, who present a potential upgrade to the developer plan.

Furthermore, ARway.ai has over 250 monthly active users (MAU), with high potential for developer plan conversions. In addition to the growing user base, ARway.ai has solidified relationships with seven paid partners and has seven more prospective partnerships in the pipeline. This growth underscores the company's commitment to providing exceptional value and fostering a strong developer community within the ARway ecosystem.

New developer plan pricing

ARway.ai has introduced new developer pricing designed to not only provide developers with greater flexibility but also to provide increased revenue for the company. These adjustments come in response to the increase in demand from around the globe for the company's developer plan in 2024.

Monthly plan:  Available at $199 per month ($2,338 annually). This plan is tailored for developers seeking short-term, flexible access to ARway.ai's comprehensive suite of tools. Customers can save 15 per cent if they pay 12 months in advance.

Pilot PlansPilot -- basic:  Available at $10,000 per project. Tailored for developers and agencies for an out-of-box deployment at one location.

Pilot -- plus:  Available at $18,000 per project. Packaged for ready-to-deploy projects with full ARway functionality and white glove support.

Reasons for pricing changes

The new pricing structure is due to increased demand and also a result of the recent enhancements to the ARway platform, including:

New software development kit:  Featuring more finely tuned deployment timelines, allowing developers to leverage the benefits of the company's system more rapidly and efficiently.

Increased demand:  The growing interest in the developer plan throughout 2024 has prompted the company to adapt its offerings to better meet its users' needs.

Enhanced product offering:  The developer plan now includes multifloor navigation and options for custom branding, providing a stronger, more versatile product offering.

State-of-the-art website

Alongside the new pricing, ARway.ai is proud to unveil its completely redesigned website. The new site features an intuitive, user-friendly interface, showcasing its advanced AR solutions and providing easy access to its range of products and services.

Bonus shares

The company also announces that it has issued a total of 87,719 common shares to employees/consultants of the company in lieu of payment for amounts owing for services rendered to the company. The common shares issued pursuant to the share settlements were issued at prices of 57 cents and subject to the statutory four-month hold period under applicable securities laws in Canada.

About ARway.ai

ARway.ai is a spatial computing platform powered by artificial intelligence (AI) providing an array of augmented reality (AR) experiences for indoor spaces.

We seek Safe Harbor.