Mr. Evan Gappelberg reports

NEXTECH3D.AI'S GENERATIVE AI CAD-3D DESIGN STUDIO "TOGGLE3D" GOES LIVE

Nextech AR Solutions Corp.'s Toggle3D has officially moved out of its public beta and has gone live as of today, June 8.

Join Nextech for a special Toggle3D investor live stream today, Thursday, June 8

Chief executive officer Evan Gappelberg will discuss the coming initial public offering spinout and chief product officer Dasha Vdovina will provide an exciting product presentation.

Date: Today, Thursday, June 8, 2023

Time: 10 a.m Eastern Time

Toggle3D is a groundbreaking generative artificial intelligence solution that converts CAD files, applies stunning 4K textures and enables seamless publishing of high-quality 3-D models. The official Toggle3D product launch includes a user experience/user interface lift that takes into account feedback collected from beta users over the beta period and improved platform performance for adding materials, as well as other advanced editing capabilities.

• Toggle3D will continue releasing new features consistently every week for the next several weeks as it gears up to add breakthrough AI material creation capabilities.
• Toggle3D also now welcomes sign-ups through Google as well.

The main target users for Toggle3D's product are product designers and industrial designers, due to its seamless integration with CAD files and the ability to convert CAD to Web 3-D mesh. As mentioned recently, Toggle3D.ai has increased the converting power of its CAD to POLY importer by over 10 times, and is able to convert manufacturing files over 1,000 megabytes. This is in addition to its ability to use breakthrough generative AI technology that facilitates the generation of 3-D materials from text prompts.

Nextech's CEO, Mr. Gappelberg, commented: "Congratulations to the Toggle3D team for exiting beta and going live! We have been working hard for the past six months to get Toggle3D to this point, and we are excited to see its 3-D design capabilities and the thousands of users signing up. In parallel, we have been diligently preparing for the upcoming spinout IPO on June 13." He continued: "We are focused on creating shareholder value and perceive Toggle3D as yet another major opportunity for our investors to participate in a stand-alone public company that is launching disruptive technology during this transformative period, where the entire world is pivoting to 3-D. Only yesterday, during Apple's WWDC, Apple's CEO, Tim Cook, declared, 'Welcome to the era of spatial computing with Apple Vision Pro!' The future is going to be seen through a pair of spatial computer glasses looking at a 3-D digital world populated by 3-D models. We believe that all 3-D models can in some way be prototyped, modified and/or designed through Toggle3D."

About Toggle3D.ai

Toggle3D.ai, introduced in September, 2022, is a groundbreaking SaaS solution that utilizes generative AI to convert CAD files, apply stunning 4K texturing and enable seamless publishing of superior 4K 3-D models, serving various industries within the $160-billion CGI market. With its augmented reality-based rapid prototyping Web app, Toggle3D empowers designers, artists, marketers and e-commerce owners to effortlessly convert, texture, customize and publish high-quality 3-D models and experiences, regardless of technical or 3-D design expertise.

Toggle3D.ai benefits over 3-D legacy software

No learning curve

Toggle3D.ai stands out from legacy 3-D design software by eliminating the learning curve and making 3-D design accessible to everyone, regardless of their technical background. Unlike traditional systems that require months of learning, Toggle3D.ai simplifies the process by humanizing design terminology, providing guided templates and using machine learning to make the tools user-friendly.

Web-based collaboration

Being Web-based, users can access Toggle3D.ai instantly on their browsers without the need for downloads, updates or system compatibility concerns. Additionally, the platform will offer advanced in-app collaboration features, enabling multiple users to work together on the same project in real time, facilitating quick feedback, decision-making and cross-department collaboration.

These collaborative tools empower businesses to adopt 3-D design organization-wide, enhancing workflow efficiency and unleashing the potential of group iteration.

About Nextech AR Solutions Corp.

Nextech AR Solutions is a diversified augmented reality, AI technology company that leverages proprietary artificial intelligence (AI) to create 3-D experiences for the metaverse. Its main businesses are creating 3-D WebAR photorealistic models for the prime e-commerce marketplace as well as many other on-line retailers. The company develops or acquires what it believes are disruptive technologies and once commercialized, spins them out as stand-alone public companies issuing a stock dividend to shareholders while retaining a significant ownership stake in the public spinout.

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