NexTech AR Integrates It's 3D and AR Ad Functionality With SNAP, Facebook and Instagram
August 19 2021 - 7:00AM
InvestorsHub NewsWire
VANCOUVER, B.C., Canada -- August 19, 2021 --
InvestorsHub NewsWire -- NexTech AR
Solutions Corp. (“NexTech” or the “Company”) (OTCQB:
NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), an emerging leader
in augmented reality for eCommerce, AR learning applications,
AR-enhanced video conferencing and virtual events, today announced
the advancement of its next generation Ad technology
with its integration with SNAP, Facebook and Instagram broadening
the companies 3D/AR ad reach..
SAMPLE 3D Google Ads:
3D/AR Furniture Advertisement (Table) - View
Here
3D/AR Beverage Advertisement (Don Julio) - View
Here
3D/AR Furniture Advertisement (Office Chair) - View
here
3D/AR Apparel Advertisement (Motif) - View
Here
3D/AR Furniture Advertisement (Table Chair) - View
Here
With this announcement NexTech’s customers can now tap
not only into Google’s immense network, as previously announced on
August 16th, but also into social media applications SNAP,
Facebook and Instagram, delivering engaging and streamlined 3D
ads. This expansion capability gives the company the ability
to tap into the full spectrum of audiences across the web and
social media which set’s the company up for success as it rolls out
it’s 3D/AR ad network capabilities. According to research from
Statista, SNAP has 293 million
daily active users, Instagram Stories have 500
million daily active users, and Facebook has 1.9
billion daily active users. This integration provides Nextech
AR customers access to a vast audience of daily active users
worldwide.
NexTech CEO Evan Gappelberg commented on this product
enhancement. “We are now fully positioned to take advantage
of the fastest growing segment in the AR industry 3D/AR
advertising. With SNAP, Facebook Instagram and as previously
announced our ability to deliver 3D/AR ads into the Google Display
Network we now can reach a global ad audience of any demographic.
With our ability to create 3D content at scale now combined with
this global audience reach I believe we are perfectly positioned to
accelerate our advertising revenue in the AR space ”, said
Gappelberg.
ARtillery
Intelligence has released a new report that projects mobile AR
revenue to grow from $3.9 billion in 2019 to $21.02 billion in
2024. Enterprise productivity is the leading revenue category in
2020 ($2.58 billion), followed by AR advertising ($1.41 billion)
and consumer in-app purchases ($1.38 billion)
To learn more about NexTech’s productions and solutions,
please visit NexTech AR Ad Network at https://www.nextechar.com/ar-ad-network.
About NexTech AR
NexTech develops and operates augmented reality (“AR”) platforms
that transports three-dimensional (“3D”) product visualizations,
human holograms and 360° portals to its audiences altering
e-commerce, digital advertising, hybrid virtual events (events held
in a digital format blended with in-person attendance) and learning
and training experiences.
NexTech focuses on developing AR solutions however most
of the Company’s revenues are derived from three e-Commerce
platforms: vacuumcleanermarket.com (“VCM”),
infinitepetlife.com (“IPL”) and Trulyfesupplements.com
(“TruLyfe”). VCM and product sales of residential vacuums,
supplies and parts, and small home appliances sold on
Amazon.
To learn more, please follow us on Twitter,
YouTube,
Instagram,
LinkedIn, and Facebook, or
visit our website: https://www.Nextechar.com.
On behalf of the Board of Nextech AR Solutions
Corp.
Evan Gappelberg
CEO and Director
For further information, please contact:
investor.relations@Nextechar.com
Forward Looking Statements
The NEO has not reviewed and does not accept
responsibility for the adequacy or accuracy of this
release.
Certain information contained herein may constitute
“forward-looking information” under Canadian securities
legislation. Generally, forward-looking information can be
identified by the use of forward-looking terminology such as, “will
be,” “looking forward” or variations of such words and phrases or
statements that certain actions, events, or results “will” occur.
Forward-looking statements regarding the Company increasing
investors awareness are based on the Company’s estimates and are
subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, levels of activity, performance,
or achievements of Nextech to be materially different from those
expressed or implied by such forward-looking statements or
forward-looking information, including capital expenditures and
other costs. There can be no assurance that such statements
will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on
forward-looking statements and forward-looking information. Nextech
will not update any forward-looking statements or forward-looking
information that are incorporated by reference herein, except as
required by applicable securities laws.
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