00:24:51 EDT Mon 29 Apr 2024
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ARway Corp
Symbol ARWY
Shares Issued 26,786,867
Close 2024-03-06 C$ 0.49
Market Cap C$ 13,125,565
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ARway signs subscription deals with three firms

2024-03-07 10:46 ET - News Release

Mr. Evan Gappelberg reports

ARWAY.AI SIGNS MULTIPLE SAAS DEALS FOR ITS AUGMENTED REALITY EXPERIENCE PLATFORM; IN REAL ESTATE, FASHION AND HOSPITALITY

ARway Corp. has formed new partnerships with leading innovators in the industry -- Holition.com, 3D Marx and Aigentless. ARway.ai is quickly becoming the preferred choice among industry developers, following successful pilots and established credibility, and these subscriptions signify a major ramp-up in XR (extended reality) project adoption across various sectors.

These subscriptions represent a leap forward in the adoption of AR/VR/XR (augmented reality/virtual reality/extended reality) technologies for location-based mobile applications, showcasing a commitment to pushing the boundaries of spatial computing, marketing and advertising.

Holition.com

UKHolition is a London-based innovator, crafting bespoke AR, VR and XR solutions for the art, beauty, fashion and retail sectors. Its expertise in creating captivating digital experiences has set it apart as a leader in immersive technology.

Holition has worldwide notable and luxurious brand clients, including Rolls Royce, Tommy Hilfiger, Burberry, Tiffany & Co., Hermes, Moncler, Christian Louboutin and more, which are all looking to incorporate immersive technologies like AR/VR/XR into their marketing and branding efforts, as evident through past projects. The ARway platform will be an additional tool to deliver customer projects.

3D Marx -- United Arab Emirates

Under this partnership, 3D Marx will integrate ARway's cutting-edge indoor navigation and advertising solutions into its service offerings. This collaboration aims to enhance customer experiences in the retail and hospitality industries, including shopping malls, stores, hotels, resorts and tourism, thereby elevating the standard of immersive customer engagement.

Located in Dubai, 3D Marx offers unique 3-D immersive virtual tours, enhancing customer interaction and engagement through advanced 3-D technology. Its services cater to a wide array of industries, fostering a more connected and interactive world.

Aigentless -- United States

Aigentless is a dynamic start-up located in the United States that is disrupting the real estate market. Its application serves as a matchmaking platform, connecting potential tenants with real estate agents for property showings. Aigentless has chosen to integrate ARway's technology to enhance its coming MVP, promising a unique augmented reality experience for property showings. Aigentless is similar to well-known real estate industry websites such as rent.ca, realtor.ca and zillow.com.

By leveraging the ARwayKit SDK (software development kit), Aigentless aims to transform property tours into immersive journeys. Users will benefit from AR navigation to guide them to the right property spaces while highlighting key features and amenities through engaging AR visuals. This innovative approach, focusing on both commercial and residential properties, is expected to set new standards in real estate engagement and customer satisfaction.

This deal follows recent news of a new deal signed with DesignSA.me, based in Saudi Arabia. DesignSA.me 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.

About ARway Corp.

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 IPN 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 (AR) 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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