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TICKERS: NTAR; NEXCF

Augmented Reality E-Commerce Tech Firm Lands First International Deal
News Update

Source:

The new client, in the food and beverage industry, is based in the Netherlands.

NexTech AR Solutions Corp. (NTAR:CSE; NEXCF:OTCQB) announced in a news release it landed its first international deal, with Moccamaster, a Netherlands-based manufacturer of coffee brewers and grinders.

Moccamaster wants to utilize NexTech's WebAR e-commerce solution so as to engage potential online customers, allowing them to see Moccamaster's brewers in detail and from all angles and to pinch and zoom in on key features.

"Unlike typical coffee makers, Moccamaster brewers are noted for their craftsmanship and quality 'golden cup' coffee experience," NexTech Evan Gappelberg said in the release. "With their products sold at a premium price point, NexTech's AR will allow discerning customers to get up close and appreciate the quality of Moccamaster."

Kathleen Bauer, Chief Operating Officer of Moccamaster, said, "We are leveraging augmented reality to engage with customers enabling them to see our brewers up close and from all angles on-line."

NexTech notes that it "continues to scale and sign up new customers for its state of the art end-to-end AR e-commerce solutions. The company is now able to scale by using its recently announced revolutionary CaptureAR technology, a lightning-fast AR creation tool which uses a cell phone camera to create 3D AR photorealistic objects. Photo realistic ARitized product SKUs are viewed from an e-commerce product page using augmented reality in a standard web browser, no app required."

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Disclosure:
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 Solutions. Please click here for more information.
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