NexTech AR Solutions Corp. (NTAR:CSE; NEXCF:OTCQB) announced in a news release it signed an agreement with Just Vertical to provide the hydroponic farming systems developer with its augmented reality technology.
Just Vertical will use NexTech's ARitize software to create three-dimensional (3D), augmented reality (AR) models from two-dimensional images of its AEVA hydroponic setups. Visitors to Just Vertical's website will then be able to rotate its 3D products by 360 degrees and "place" them in their home to see how they fit and look before buying. ARitize is available to retailers as a monthly, software as a service subscription.
NexTech landing yet another ARitize customer "not only highlights the demand for innovative AR technologies in the e-commerce space, but also validates the power of our industry-leading solutions as we continue to grow our customer base," NexTech CEO Evan Gappelberg said in the release.
Kevin Jakiela, Just Vertical co-founder, commented, also in the release, "We chose NexTech to ARitize our AEVA system because we know it will provide a better level of education for our product and empower the consumer's path to purchase as they shop on our website."
Read what other experts are saying about:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: NexTech AR Solutions. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with NexTech AR. Please click here for more information.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of NexTech AR Solutions, a company mentioned in this article.