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TICKERS: NTAR; NEXCF

Augmented Reality Firm Inks Deal with Weby Corp.
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Source:

Accordingly, the tech company will provide its e-commerce platform.

NexTech AR Solutions Corp. (NTAR:CSE; NEXCF:OTCQB) announced in a news release it landed a new customer, Weby Corp., a multibrand online dealer of outdoor sports gear, for its augmented reality (AR) e-commerce platform.

This development is part of NexTech's newly expanded contract with Walther Arms to provide its dealers with the WebAR three-dimensional experience.

With that offering, Weby, a seller of hunting, shooting, camping, hiking, skiing and running gear, intends to enhance online shopper's engagement with products online and, thereby, boost sales of products for the brands the e-tailer represents.

"Providing an amazing customer experience is the key to increasing satisfaction and loyalty," Kate Lobanova, head of marketing at Weby, said in the release. "We believe that augmented reality can personalize the shopping experience for our customers."

"Market leaders like Weby know the revenue positive impact that the adoption of next-generation technologies can have on driving an organization's bottom line," stated Evan Gappelberg, CEO of NexTech AR. "By investing in superior online product experiences with NexTech AR's eCommerce technology, Weby is offering its customers a better and more meaningful way to engage with and to purchase product brands that they represent. With our full stack of AR Solutions, Weby will be able to increase their customer engagement, add to cart rates, and revenue while reducing product returns, all visible and measurable through our real-time analytics dashboard."

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. Within the last six months, an affiliate of Streetwise Reports has disseminated information about the private placement of the following companies mentioned in this article: NexTech AR.
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