21:02:25 EDT Wed 01 May 2024
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ARway Corp
Symbol ARWY
Shares Issued 27,920,957
Close 2024-04-04 C$ 0.44
Market Cap C$ 12,285,221
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ARway partners with AVR Labs for 4-D GPT AI avatars

2024-04-04 11:16 ET - News Release

Mr. Evan Gappelberg reports

ARWAY.AI INTRODUCING AR NAVIGATION WITH GENERATIVE AI CHATGPT 4D AVATARS IN NEW PARTNER DEAL WITH AVR LABS IN UAE

ARway Corp. has entered into another paid partner deal with AVR Labs, a pioneering company based in the United Arab Emirates specializing in XR (extended reality) technologies. AVR Labs will be a recognized partner of ARway in the Gulf region, increasing ARway's distribution channel, as it has 100-plus projects from paying customers deployed across 20 countries around the globe.

This collaboration is set to revolutionize AR (augmented reality) navigation by integrating cutting-edge generative AI (artificial intelligence) 3-D/AR avatars with conversational immersive interaction capabilities, powered by ARway's advanced platform and AVR Labs' innovative solutions.

AVR Labs, with a robust presence across the Middle East and a diverse clientele, including universities and government ministries, is an ARway agency partner that will implement ARway's technology for various customer projects. Renowned for their expertise in AI, AR and VR (virtual reality) technology, AVR Labs specializes in creating immersive experiences that captivate and engage audiences. One of its notable projects includes the development of AR Viewz GPT (generative pretrained transformer), an augmented reality GPT that enables dynamic, conversational interactions within AR environments.

The partnership aims to integrate these AR GPTs into the ARway platform, enhancing AR navigation experiences with the addition of conversational AI avatars. These avatars, accessible via a visual marker scan, will act as interactive tour guides, offering personalized navigation assistance and enriching user interactions within AR spaces.

This collaboration's first showcase will be at the World Future Energy Summit in Dubai, a premier event in the global energy and resources sector. At the summit, AVR Labs will deploy AR indoor navigation enhanced with GPT-powered 3-D/AR avatars to guide visitors around the event, demonstrating the transformative potential of combining ARway's navigation solutions with AVR Labs' technology. This deployment will feature wayfinding around the event, integration of AI avatars for conversational interaction and a presentation of ARway to the Middle Eastern market, with over 280 exhibitors participating from April 16 to April 18.

ARway and AVR Labs are committed to pushing the boundaries of AR technology, aiming to expand their reach across various industries beyond the initial tradeshow project. With over 100 projects across 20 countries, AVR Labs plans to incorporate ARway's technology in client projects, significantly enhancing user experiences across diverse sectors.

This partnership marks a milestone in the evolution of AR navigation and interaction, setting a new standard for immersive technology applications in the Middle East and around the globe. ARway and AVR Labs look forward to redefining the future of AR experiences, offering users innovative ways to explore and interact with the world around them.

About AVR Labs

AVR Labs is a revolutionary augmented, virtual reality and metaverse company based in Dubai, with a commitment to contributing to the UAE's vision for innovation and evolution.

It offers XR solutions and services to help companies solidify their on-line presence, and promote their product and services in an immersive and engaging way. The company believes in the power of immersive technologies and its ability to transform and revolutionize the business world.

Recent news:

  • ARway.ai announces successful deployment of AR wayfinding and smart campus activation with Deutsche Telekom AG and the prestigious iFii, University of Applied Sciences Brandenburg;
  • ARway.ai continues its global expansion into Chile and the United States with new SaaS (software-as-a-service) deals for its AR navigation and spatial experience platform;
  • ARway.ai announces major 300,000-square-foot (30,000-square metre) retail store pilot of its AR navigation platform.

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 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.

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