NexTech Signs AR eCommerce Deal with Cheeterz® Firearm Accessories
April 25 2019 - 08:00AM
InvestorsHub NewsWire
NexTech AR Solutions Corp.
349 Carlaw Ave Suite 304
Toronto, ON M4M 2T1
NEWS RELEASE
NexTech Signs AR eCommerce
Deal with Cheeterz® Firearm
Accessories
New York, NY - Toronto, ON, Canada -- April
25, 2019 -- InvestorsHub NewsWire
-- NexTech AR
Solutions (the “Company” or “NexTech”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29) is pleased to
announce that it has entered into an agreement with
Cheeterz Firearm
Accessories to
ARitize™ segments of its product line. Cheeterz manufactures and
sells accessories and devices which make the shooting process
easier, including the proprietary Cheeterz “Assisted Load
Ammunition” system. NexTech AR will provide 3D product models to
Cheeterz through its web AR eCommerce platform, with the goal to
introduce augmented reality as a part of Cheeterz overall brand
delivery.
“Cheeterz is excited to partner with NexTech
AR in delivering unique and industry-leading experience to our
clients,” said Richard Wessler, Chief Commercial Officer at
Cheeterz Firearm Accessories. “Our goal is to leverage augmented
reality technology to increase product and brand awareness in both
the digital and physical retail spaces. We believe that the
innovative spirit that has brought our organizations together will
forge a trend-setting path for the industry, and we want to be the
tip of the spear.”
NexTech’s ARitize™ eCommerce solution is a
monthly software as a service (SaaS) software
licensing and delivery model in which software is licensed on a
subscription basis while being centrally hosted in the cloud.
NexTech’s SaaS subscription platform enables retailers to
transform 2D images into true 3D AR experiences. Utilizing simple
embed coding, NexTech’s browser-based technology eliminates the gap
online shoppers feel between themselves and the product, allowing
them to effectively try or place the product in their home before
they buy it.
NexTech will convert Cheeterz’s line of
universal fit, single-use assisted load cartridges into high
fidelity 3D AR product images to be used on product pages and in 3D
ads. This includes the existing line of devices compatible with
semi-automatic weapons as well as forthcoming device lines made for
revolvers and sporting rifles, which will be available later this
year. Customers who visit the Cheeterz online store or encounter an
ad will be able to view the cartridges in full 3D with 360-degree
rotation, and “place” the device in their space to understand the
size and functionality before making a
purchase.
“We are excited to sign up our second customer
in the firearms industry in just two weeks and expect more customer
sign-ups in the coming weeks,” said Evan Gappelberg, CEO of
NexTech. “Our AR product images and rotation capabilities will
enable buyers to fully examine and understand the product before
they buy, similar to how they would experience in-store shopping.
We’re excited to help Cheeterz provide its customers with a
one-of-a-kind immersive eCommerce
experience.”
Cheeterz Firearm Accessories was founded in
2017 by engineer and inventor Richard Roe to help people gain
proficiency with their firearms by taking away the pain points
associated with shooting. All Cheeterz devices are American-made in
Des Arc, Arkansas.
Gartner reports
100 million consumers will shop in
augmented reality online and in-store by 2020. NexTech is building
out its AR and AI eCommerce offerings, which include using AI to
create a guided and knowledgeable curator that can be programmed to
be used for eCommerce or for education in the medical device
market.
About NexTech AR Solutions
Corp.
NexTech has a two pronged strategy for rapid
growth including growth through acquisitions as well as by 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.
NexTech’s ARitize™ eCommerce
solution is a monthly SaaS subscription platform that enables
retailers to transform 2D images into true 3D AR experiences. 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 Director
For 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, 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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