Singtel in Partnership with Apple Inc, Selects Nextech AR Solutions A Metaverse Company To Showcase Augmented Reality On It's 5G Network
November 10 2021 - 7:00AM
InvestorsHub NewsWire
Augmented Reality & 5G
Workshop event organized by GovTech Singapore and
Singtel
VANCOUVER, B.C., CANADA
-- November 10,
2021
-- InvestorsHub NewsWire -- Nextech AR Solutions
Corp.
(“Nextech” or the “Company”) (OTCQB:
NEXCF) (NEO:
NTAR) (CSE:
NTAR) (FSE: N29), a Metaverse company providing augmented
reality (“AR”) experience technologies and services is proud to
announce that they have been invited to participate in the
Augmented Reality & 5G event organized by GovTech Singapore and
Singtel. The Government Technology Agency (GovTech) is a
statutory board of the Singapore government, under the Prime
Minister's Office.
This closed door event, happening on
November 17th and 18th at
the Centre of Digital Excellence
(CODE),
brings together select government agencies, augmented reality
technology partners and device partners, to discuss how they can
leverage 5G networks for augmented reality experiences.
Watch this video showcasing Singtel 5G
- Click Here
Nextech is excited to be one of only a small number
of AR technology partners chosen to represent their AR
technology at this 5G event. Device partners include Apple,
Microsoft Hololens, Magicleap, Realwear, and MAD Gaze. Of the
device partners, Apple has chosen Nextech to highlight the
Company’s AR technology on its devices. Apple will be providing a
variety of hardware devices for the event, including an iPhone 13,
iPad Pro, iPad Mini and Apple TV for Nextech to use when showcasing
its AR. Using Apple’s hardware and new technology, such as Lidar,
ARKit and their new M1 chips, Nextech will showcase how
it's Augmented Reality solutions are compatible and
deployable with Apple
hardware.
AR Solutions Being Showcased by
Nextech
- Augmented Reality
Labs
- Human
Holograms
- Augmented Reality
Portals
- CAD to POLY for 3D AR
Models
Singtel’s selection of Nextech
underscores the momentum the Company is seeing around it’s
portfolio of Metaverse and augmented reality
solutions. Earlier this week,
Nextech announced the launch of ARitize Metaverse
Studio,
an SDK as SaaS offering. ARitize Metaverse Studio is
a Unified Metaverse Platform
which Integrates Nextech’s Entire Suite of Augmented Reality
Solutions and enables its customers to create their own
metaverses.
Nextech AR CEO Evan Gappelberg
commented on this week’s 5G event organized by GovTech Singapore
and Singtel, “ With Augmented Reality and 5G we are transforming
the world into a 3D holographic Metaverse experience. With partners
like Singtel and Apple, we will be able to create a connected,
digital world and the framework for the Metaverse. Nextech AR
scales 3D creation and extends that to our spatial mapping platform
to realize city scale AR experiences and
activations.”
The following was stated in the
Company’s 5G Startup Partnership announcement with Ericsson
in June 2021,
“With unprecedented speed & connectivity, 5G is set to
bring faster speeds, hyper-capacity, new viewing options like 8K
resolution streaming, 360-degree and 3D experiences. What does it
mean for the consumer? Life-like image quality and user-friendly AR
experiences wherever they go. But 5G doesn’t just transform mobile
Augmented Reality - using AR wearables will become even more
compelling now as haptic feedback will be delivered seamlessly
along with the visuals, adding another dimension to the
experience.
5G will be a new quantum leap in
human connections. 5G will shape the economic future of the United
States in the same way that commercializing the internet did 25
years ago. 5G is the infrastructure for the next phase of digital
transformation.”
About
Singtel
Singtel is Asia’s leading communications technology
group, operating in one of the world’s fastest growing and most
dynamic regions. They provide an extensive range of digital and
telecommunication services to consumers and businesses and provide
Singapore’s fastest mobile 5G
network.
The Importance of
5G
5G enables a new kind of network that is designed to
connect everyone and everything together, including machines,
objects, and devices. 5G wireless technology is meant to deliver
higher multi-Gbps peak data speeds, ultra low latency, more
reliability, massive network capacity, increased availability, and
a more uniform user experience to more users. Higher performance
and improved efficiency empower new user experiences and connects
new industries.
5G is the fifth generation of cellular
networks. Up to 100 times faster than 4G, 5G is creating
never-before-seen opportunities for people and
businesses. Faster connectivity speeds, ultra-low
latency and greater bandwidth is advancing societies, transforming
industries and dramatically enhancing day-to-day experiences.
Services that we used to see as futuristic, such as e-health,
connected vehicles and traffic systems and advanced mobile cloud
gaming have arrived. With 5G technology, we can help create a
smarter, safer and more sustainable
future.
For further information, please
contact:
Evan
Gappelberg
investor.relations@nextechar.com
(905) 823-1419 Ext
7068
To learn more, please follow us
on Twitter, YouTube, Instagram, LinkedIn,
and Facebook,
or visit our website: https://www.Nextechar.com.
About Nextech
AR
Nextech AR Solutions is a Metaverse company that develops and
operates augmented reality (“AR”) platforms, transporting
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 for the Metaverse,
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.
Forward-looking
Statements
The CSE and the NEO have not reviewed and do 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” or variations of such words and phrases or statements that
certain actions, events or results “will” occur. Forward-looking
statements in this release include statements regarding the
prospective nature of the metaverse and “mini-metaverse” and the
Company’s potential leadership position in the market are subject
to known and unknown risks, uncertainties and other factors. These
factors include risks associated with the development of the
operations of the Company as the Company’s plans are refined, the
development of a market and successful applications for the
metaverse and “mini-metaverse”, availability of financing and other
risk factors identified in the Company’s public disclosure
documents from time to time. There can be no assurance that such
statements will prove to be accurate, as 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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