NexTech’s Products Approved and Available on Walmart.com
May 14 2019 - 8:00AM
via NEWMEDIAWIRE -- NexTech AR Solutions (the “Company” or
“NexTech”) (OTCQB: NEXCF) (CSE: NTAR) )(FSE: N29) today
announced the availability of its Infinite Pet products on
Walmart.com, under the Pet Supplies section. The company is
aggressively expanding the distribution as well as working on
ARitizing(™) its recently acquired eCommerce brands. For the
month of April 2019 the Infinite Pet brand generated $134,318.59
(USD) in revenue, while combined revenue for NexTech’s AR-enabled
eCommerce division hit a record $391,291.25 for the same time
period.
Infinite Pet’s all-natural and vet-approved Hip + Joint
supplement, in both chews and powder, and Essential
Probiotics are now easily accessible by Walmart.com’s
approximately 100 million monthly shoppers. Made with quality
organic ingredients that are guaranteed to show results, Infinite
Pet’s products are an attractive item for any dog owner looking to
safely and reliably improve and sustain their pet’s health. In
addition to expanded distribution with Walmart.com the company
plans to enhance the value of the brand by using its AR technology
to launch a brand ambassador as a 3-D hologram which will activate
off the Infinite Pet logo, creating an exciting one of a kind
shopping experience, expected to launch in the next 30 days.
“We’re excited to be selling Infinite Pet’s products on
Walmart.com, as it’s one of the most popular online shopping
destinations and a platform that pet lovers use every day to find
quality pet products at reasonable prices,” said Evan Gappelberg,
CEO of NexTech. “Infinite Pet Life was a great acquisition and is a
fantastic opportunity for NexTech to showcase its augmented reality
capabilities. We believe that by leveraging the magic of AR into
the pet industry, through our own brand, we will create tremendous
value for our shareholders.”
A record $72.5 billion was spent on pets in the U.S. last year,
according to the American Pet Products Association.
Walmart recently announced an increased focus on the pet
industry, with the opening of in-store veterinary clinics and an
online pet pharmacy, as reported by CNBC.com. The company recently
said it has seen a roughly 60% increase in the number of dog- and
cat-related health-care items sold on its website over the past
year. PetFoodIndustry.com also reports that the pet supplement
industry was worth $580 million in 2016, supplements for
joint and digestive health topping the list of those purchased.
NexTech announced its acquisition of Infinite Pet
Solutions in April of 2019 as part of its growth through
acquisition strategy.
About NexTech AR Solutions Corp.
NexTech is bringing a next generation web enabled augmented
reality (AR) platform with Artificial Intelligence (AI) and
analytics to the Cannabis industry, eCommerce, education, training,
healthcare and video conferencing. Having integrated with Shopify,
Magento and Wordpress, its technology offers eCommerce sites a
universal 3D shopping solution. With just a few lines of embed
code, the Company’s patent-pending platform offers the most
technologically advanced 3D AR, AI technology anywhere.
Online retailers can subscribe to NexTech’s state of the art,
3D AR/AI solution for $79/mo. The Company has created the AR
industry’s first end-to-end affordable, intelligent, frictionless,
scalable platform. 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 DirectorFor further information, please
contact:
Evan Gappelberg
Chief Executive Officer
info@nextechar.com
Media contact:
Erin Hadden
FischTank Marketing and PR
ehadden@fischtankpr.com
The CSE 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, level 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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