22:56:17 EDT Wed 01 May 2024
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ARway Corp
Symbol ARWY
Shares Issued 27,920,957
Close 2024-04-16 C$ 0.30
Market Cap C$ 8,376,287
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ARway signs contract with George Mason University

2024-04-16 12:34 ET - News Release

Mr. Evan Gappelberg reports

ARWAY.AI SIGNS DEAL WITH GEORGE MASON UNIVERSITY FOR AUGMENTED REALITY CAMPUS NAVIGATION AND EXPERIENCE

ARway Corp. has noted that George Mason University (GMU) has signed up for the ARway platform and will be deploying 10 spatial maps across the university campus. The rollout is part of a 2024 project aimed at enhancing the campus navigation and campus experience for students. GMU has an undergraduate enrolment of approximately 27,014 and the campus size is 817 acres. ARway is seeing demand from across the globe for university campus deployments, and is currently deployed in the Middle East at the Suleyman Demirel University in Turkey, in the European Union (EU) at the Institut fur Innovations und Informationsmanagement (iFii), University of Applied Sciences Brandenburg. ARway has also signed multiple new subscriptions with prestigious universities around the globe, including Bicol University in Indonesia, DHA Suffa University in Pakistan, University of Alberta in Canada, University College Cork in the United Kingdom and German University of Technology in Oman.

The deployment of ARway is scheduled to begin in early summer, allowing the university to test the platform's capabilities extensively before a potential full campus rollout in 2025. Two thousand twenty-four plans include expanding the augmented reality tour to enable students to search for and navigate to various offices and buildings. This will significantly enhance the accessibility of campus resources and improve the overall student experience. The university has already submitted several conference proposals to present findings on this new technology, and has dedicated time this summer to further research and development.

ARway is committed to supporting George Mason University in its mission to leverage cutting-edge technology to create inclusive educational environments. This partnership represents a significant step forward in using augmented reality to transform educational spaces into more interactive and supportive ecosystems for all students. The ARway platform will be integrated into George Mason University's continuing efforts to foster engagement, self-efficacy and a sense of belonging among students -- critical components for college success. Preliminary beta testing of ARway's interactive capabilities has shown promising results in enhancing student interaction and campus navigation.

The university is very excited to experiment with some of the interactivity that ARway provides. Based on their initial beta testing, they believe ARway will be very powerful in engaging and promoting self-efficacy and sense of belonging, which are both essential to the long-term success of the college experience.

Recent news:

  • ARway.ai -- the spatial computing platform shows 200-per-cent developer growth, signs multiple new deals for its augmented reality navigation platform in Middle East and Spain;
  • ARway.ai -- introducing AR (augmented) navigation with generative AI (artificial intelligence) ChatGPT 4-D avatars in new partner deal with AVR Labs in United Arab Emirates (UAE);
  • ARway.ai -- announces successful deployment of AR wayfinding and smart campus activation with Deutsche Telekom AG and The Prestigious Institut fur Innovations und Informationsmanagement (iFii), University of Applied Sciences Brandenburg.

About ARway Corp.

ARway is a spatial computing platform powered by artificial intelligence providing an array of augmented reality 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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