NexTech Announces Ori Inbar, AR Pioneer and Founder of AugmentedReality.org, to Join Advisory Board
May 01 2019 - 8:00AM
InvestorsHub NewsWire
NexTech Announces Ori Inbar, AR Pioneer and
Founder of AugmentedReality.org,
to Join Advisory
Board
May 1,
2019 -- New York, NY - Toronto, ON -- InvestorsHub NewsWire
-- NexTech AR Solutions (the “Company” or “NexTech”)
(OTCQB:NEXCF) (CSE:NTAR) (FSE:N29) is pleased to
announce that it has appointed Ori Inbar to its Advisory Board as
it ramps up its AR product offerings and sales efforts. Inbar is a
recognized AR expert, having been involved in the industry for over
a decade as both a startup entrepreneur and a venture capital
investor through SuperVentures. With his long term perspective and
extensive industry relationships, he is uniquely positioned to help
guide NexTech on its growth trajectory and identify acquisition
opportunities.
“We are excited to appoint Ori to
NexTech’s Advisory Board, and to utilize his unparalleled
experience within the AR industry to fuel-future growth of our
company. With the AR industry growing at a very rapid rate - and
NexTech keeping pace - having a resource like Ori is invaluable,”
said Evan Gappelberg, CEO of NexTech. “As NexTech continues to
identify growth opportunities - both organically and through
acquisition - Ori’s experience both as an AR technology founder and
an investor will be crucial to reaching our long term vision. We
welcome him to the team and are looking forward to his
leadership.”
“I look forward to joining the
NexTech Advisory Board during a time of tremendous growth for both
the company and the AR industry, and to use my decade of industry
experience to help guide future growth and company initiatives,”
said Inbar. “NexTech has a great approach to ecommerce that can
disrupt the industry through engaging AR experiences that are easy
and cost-effective to integrate. It’s an exciting time to join the
team.”
About Ori Inbar:
Ori is the world’s leading expert in
augmented reality and has devoted the past 12 years to fostering
the AR ecosystem. In 2009, Ori was the co-founder and CEO of
Ogmento (renamed Flyby Media - Acquired by Apple), one of the first
venture-backed companies conceived to develop augmented reality
games and tech. In 2012, Ori founded AugmentedReality.org,
a non-profit organization on a mission to advance augmented reality
in order to advance humanity. AugmentedReality.org has a moonshot
goal to inspire 1 billion active users of augmented reality by 2020
and is the producing organization behind AWE, the world’s largest AR and VR event in Silicon
Valley, Asia, and Europe. Ori is a recognized speaker in industry
events and a sought-after advisor for AR startups and initiatives.
Previously, as Senior Vice President of Solution Marketing for
SAP’s platform, Ori was responsible for the positioning and
marketing of SAP NetWeaver - which under his leadership grew from a
mere concept to a billion dollar business for SAP. Prior to SAP,
Ori joined TopTier Software, as one of the first employees of this
start-up. He led the development and introduction to the market of
more than 15 multimedia and business applications including the
world’s leading enterprise portal, which in 2001 was acquired by
SAP for $400 Million.
As compensation for his advisory
services Ori inbar was issued 100,000 options that vest over 3
years at an exercise price of $.78
CDN.
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 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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