InvestmentPitch Media video discusses ARways licensing of its augmented reality spatial computing navigation platform for as little as $500,000 annually with plans to disrupt $50 billion exhibition industry

InvestmentPitch Media video discusses ARways licensing of its augmented reality spatial computing navigation platform for as little as $500,000 annually with plans to disrupt $50 billion exhibition industry

VANCOUVER, British Columbia, July 21, 2023 (GLOBE NEWSWIRE) — ARway Corporation (CSE:ARWY) (OTCQB:ARWYF) (FSE:E65), a leading provider of an innovative platform for augmented reality experiences, announced a game-changing partnership with Map D, an established event technology company. Map D, a 13-year-old event technology company wholly owned by Nextech3D.ai. (OTCQX:NEXCF) (CSE:NTAR), specializes in providing innovative solutions that enhance attendee and exhibitor experiences.

A media snippet accompanying this announcement is available by selecting the image or link below:

For more information, please watch InvestmentPitch Media’s video providing more insight into this news and the company, along with video commentary from Evan Gappelberg, CEO. The video is available to watch on Investment step and go Youtube. If these links are not enabled, please visit www.InvestmentPitch.com and enter ARway in the search box.

Under Map D’s agreement to license the ARway spatial computing navigation platform, ARway is guaranteed a minimum of $500,000 for 12 months with ARway entitled to an additional 10% royalty if sales exceed $500,000 within a 12-month period.

Through this strategic partnership, Map Dynamics aims to disrupt the exhibition industry through the introduction of ARway’s state-of-the-art augmented reality indoor navigation system. This important partnership sets the stage for a new era in the exhibition sector, in which navigation in augmented reality becomes an integral part of the event experience. The synergy of these two industry leaders is expected to drive innovation, drive growth and position both companies at the forefront of the evolving event technology landscape.

Michael Candela, Map D Senior VP, Strategic Markets, said: “The fusion of Map D’s robust interactive mapping technology with ARway’s innovative augmented reality capabilities isn’t just an upgrade; it’s a leap forward that promises to revolutionize the navigation and advertising experiences at events!”

ReportLinker reports that the global exhibition market size is projected to reach over $50 billion, growing at a CAGR of more than 3% during 2019-2025, with the US region being the largest market for exhibits.

The shares, which began trading in November, are trading at $0.67. For more information, visit the company website www.arway.ai or contact Evan Gappelberg, CEO, at 866-274-8493. For investor relations, contact Julia Viola at investor.relations@arway.ai.

About InvestmentPitch Media

InvestmentPitch Media harnesses the power of video, which coupled with its wide distribution, positions a company’s story ahead of the thousands of companies seeking awareness and funding from the financial community. The firm specializes in producing short videos based on key press releases, research reports and other content of interest to investors.

Disclaimer

The information in this video from InvestmentPitch Media Ltd is for viewer information only. ARway paid a fee of up to $2,000 in cash to produce its current press release in video format. Company information is based on publicly available information. Any information provided by InvestmentPitch Media Ltd., through its media services should not be construed as a recommendation, suggestion or offer to buy or sell any securities, but is provided solely as an informational media service. InvestmentPitch Media Ltd makes no warranties or representations as to the accuracy or completeness of this information. All due diligence should be performed by the viewer or their financial adviser. Investing in securities is speculative and involves risk.

#InvestmentPitch #Media #video #discusses #ARways #licensing #augmented #reality #spatial #computing #navigation #platform #annually #plans #disrupt #billion #exhibition #industry
Image Source : www.globenewswire.com

Similar Posts

Leave a Reply

Your email address will not be published. Required fields are marked *