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TICKERS: NTAR; NEXCF

Augmented Reality Pure Play Lands First Customer in New Vertical
News Update

Source:

This development aligns with the firm's goal of dominating key multibillion dollar business segments.

NexTech AR Solutions Corp. (NTAR:CSE; NEXCF:OTCQB) announced in a news release it gained a new customer in Tufner Weighing Systems, which designs and manufactures various industry-specific scale systems, from load cells to truck scales.

Tufner will employ NexTech's AR e-commerce platform to market and sell its products online. "Tufner Weighing Systems designs and manufactures a wide variety of industry-specific scale systems from load cells to truck scales. We build our scale systems to increase the efficiency and productivity of our customers," Tufner Director of Sales Kyle Schaffer said in the release. "It's important that we keep abreast of emerging technologies to help improve our market position and saleability of our products. Augmented reality will allow us to better reach and engage our dealer network and customers."

"We are excited that Tufner Weighing Systems has placed its trust in NexTech's augmented reality platform," CEO Evan Gappelberg said in the release. "In the multi-billion dollar precision scale and parts industry, the development and delivery of products can be complex and time-sensitive. NexTech offers a fast, easy-to-use and browser-driven augmented reality solution that simplifies its adoption. As a result, Tufner can quickly implement augmented reality for its product marketing activities—and pivot to new opportunities without losing valuable time."

The company stated that the "relationship with Tufner marks NexTech's entry into this unique marketplace and aligns with its goals to dominate key multi-billion verticals."

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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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