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TICKERS: NTAR; NEXCF

Two Firms to Create Interactive, Augmented Reality Training Videos
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The companies will combine their technologies into products aimed at transforming the corporate learning and development industry.

NexTech AR Solutions Corp. (NTAR:CSE; NEXCF:OTCQB) announced in a news release it partnered with Jolokia, a provider of online learning and development videos, to offer compelling video learning experiences by merging their respective technologies.

"Jolokia has joined forces with NexTech AR, to offer a compelling video learning experience (LXP) that crosses the boundaries from interactive video to Augmented Reality (AR)," the release noted.

"We believe the combination of Interactive video and AR will create a new generation of learning and development products that will gamify the learning experience in a way that has not been seen before," Jolokia CEO Pete Mastin said in the release. "With the addition of NexTech's AR, our platform called Inferno is now the world's most advanced Video Learning Experience Platform (LXP) with Interactive Video, Artificial Intelligence, and AR enterprises now have the ability to create the world’s most engaging learning experiences anywhere."

"With our state of the art AR combined with Jolokia's best of breed video learning experience platform, we have the potential to transform the $366 billion dollar corporate training market. Over the coming weeks, Jolokia will be showcasing the new AR capabilities to its significant list of clients including many Fortune 100 companies.," NexTech CEO Evan Gappelberg said in the release.

"In the next few years as AR learning starts to accelerate, it's going to completely change the way employees learn on the job," Gappelberg added.

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.
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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.





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