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Thursday April 15th, 2021 6:30AM

Leader in AR Technology Graduates Public Listing to NEO Exchange

By The Associated Press

TORONTO--(BUSINESS WIRE)--Jan 5, 2021--

is excited to welcome Corp. (“Nextech” or the “Company”), a leader in Augmented Reality (AR) technologies, as they upgrade their public listing to the NEO Exchange. Following a voluntary delisting from the Canadian Securities Exchange, Nextech began trading today on the NEO Exchange under the symbol .

This press release features multimedia. View the full release here:

Nextech AR Solutions Corp. (NEO:NTAR), a leader in Augmented Reality (AR) technologies, participates in a digital market open to celebrate their launch today on the NEO Exchange. Nextech is now available for trading under the symbol NEO:NTAR. (Photo: Business Wire)

With an anticipated market capitalization of $470 million CDN, Nextech provides virtual and augmented reality experience technologies and services for eCommerce, education, conferences, and events, and boasts an impressive client roster, including Amazon, Unesco, Ted X, Dell Technologies, IBM, Telus, Ryerson University, NBA, and NHL among others.

On July 2, 2020, Nextech filed an application to list with the NASDAQ Capital Market, which the Company anticipates will occur in early 2021. Along with the graduation from the CSE to the NEO Exchange, Nextech is positioning its common shares to be traded on two senior exchanges in Canada and the United States, providing exposure to an increased number of retail and institutional investors across North America.

commented Evan Gappelberg, CEO of Nextech. .”

Investors can trade shares of Nextech ( , OTCQB:NEXCF, and FRA:N29) through their usual investment channels, including discount brokerage platforms and full-service dealers.

remarked Jos Schmitt, President and CEO of NEO.

The NEO Exchange is home to over 100 corporate and ETF listings, and consistently facilitates more than 13 per cent of all Canadian trading volume. for a complete view of all NEO-listed securities.

NEO Exchange is a progressive stock exchange that brings together investors and capital raisers within a fair, efficient, and service-oriented environment. Fully operational since June 2015, NEO puts investors first and provides access to trading all Canadian-listed securities on a level playing field. The NEO Exchange lists senior companies and investment products seeking a stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.

Connect with NEO: |

Nextech is one of the leaders in the rapidly growing , estimated to grow from USD $10.7B in 2019 and projected to reach USD $72.7B by 2024 according to Markets & Markets Research. It is expected to grow at a CAGR of 46.6% from 2019 to 2024.

The company is pursuing four verticals:

Virtual Experience Platform: An advanced Augmented Reality and Video Learning Experience Platform for Events, the Company’s SaaS video platform integrates Interactive Video, Artificial Intelligence, and Augmented Reality in one secure platform to enable enterprises to create the world’s most engaging virtual event management and learning experiences with automated closed captions and translations to over 64 languages.

ARitize™ For eCommerce: The company launched its SaaS platform for webAR in eCommerce early in 2019. Nextech has a ​‘full funnel,’ end-to-end eCommerce solution for the AR industry including its ARitize360 app for 3D product capture, 3D/AR ads, its ARitize white label app, it’s ‘Try it On’ technology for online apparel, 3D and 360-degree product views, and ‘one click buy.’

ARitize™ 3D/AR Advertising Platform: Launched in Q1 2020, the ad platform will be the industry's first end-to-end solution whereby the Company will leverage its 3D asset creation into 3D/AR ads.

ARitize™ Hollywood Studios: The studio is in development producing immersive content using 360 video, and Augmented Reality as the primary display platform.

Connect with Nextech: | | | | | |

View source version on businesswire.com:

CONTACT: Adam Bornstein

NEO Exchange

E:[email protected]

P: 905.505.2540

KEYWORD: GEORGIA UNITED STATES NORTH AMERICA CANADA

INDUSTRY KEYWORD: BANKING TECHNOLOGY PROFESSIONAL SERVICES OTHER COMMUNICATIONS MARKETING OTHER TECHNOLOGY ADVERTISING COMMUNICATIONS SOFTWARE AUDIO/VIDEO RETAIL NETWORKS INTERNET HARDWARE DATA MANAGEMENT FINANCE ONLINE RETAIL

SOURCE: NEO Exchange

Copyright Business Wire 2021.

PUB: 01/05/2021 11:12 AM/DISC: 01/05/2021 11:12 AM

http://www.businesswire.com/news/home/20210105005721/en

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