Nextech AR Solutions (OTCQB: NEXCF) (NEO: NTAR) (CSE: NTAR) (FSE: N29), a Metaverse company and leading provider of augmented reality (“AR”) experience technologies and services, has launched its new ARitize WooCommerce app. The company noted that, with 150 million plugin downloads, WooCommerce is the most popular ecommerce plugin ever, with its ecommerce stores reporting an estimated $20 billion in annual sales. According to the announcement, the app extends Nextech AR’s 3D model creation services to WooCommerce merchants, and with WooCommerce powering approximately 30% of all online stores, that represents a significant opportunity for the company. “The launch of the WooCommerce app is a major milestone for Nextech AR and our ARitize 3D modeling solution,” said Nextech AR CEO Evan Gappelberg in the press release. “The WooCommerce integration provides the company with another major distribution channel, and allows our groundbreaking technology to be placed in front of millions of additional ecommerce merchants. Our ARitize 3D offering has experienced strong growth in the first half of 2022, and with this new product launch, we expect an acceleration in Q3 and Q4 as the ecommerce industry shifts to Web 3.0 and emerging digital technologies. . . . We have already integrated with Shopify and BigCommerce earlier this year, and with the addition of WooCommerce, we are positioning ourselves to be the 3D model supplier for the entire ecommerce ecosystem, which is massive. The positioning of these apps on these major ecommerce platforms will allow Nextech AR to be front and center as the global demand for 3D and AR solutions expands.”
To view the full press release, visit https://ibn.fm/ZxXm3
About Nextech AR Solutions Corp.
Nextech AR Solutions is the engine accelerating the growth of the Metaverse. Using breakthrough artificial intelligence (“AI”), Nextech AR is able to quickly, easily and affordably ARitize (transform) vast quantities and varieties of existing assets at scale making products, people and places ready for interactive 3D use, and giving creators at every level all the essential tools they need to build out their digital AR vision in the Metaverse. The company’s platform agnostic tools allow brands, educators, students, manufacturers, creators and technologists to create immersive, interactive and the most photo-realistic 3D assets and digital environments; compose AR experiences; and publish them omnichannel. With a full suite of end-to-end AR solutions in 3D commerce, education, events and industrial manufacturing, Nextech AR is in a unique position to meet the needs of the world’s biggest brands and all Metaverse contributors. Nextech funds the development of its AR and Metaverse growth initiatives through its e-commerce platforms, which currently generate most of its revenue. Nextech’s e-commerce platforms include vacuumcleanermarket.com (“VCM”), infinitepetlife.com (“IPL”) and Trulyfesupplements.com (“TruLyfe”). VCM and product sales of residential vacuums, supplies and parts, and small home appliances sold on Amazon. These e-commerce platforms serve as an incubator for developing and testing Nextech’s leading-edge AR, AI and machine learning applications for powering next-generation e-commerce technology. For more information about the company, please visit www.NextechAR.com.
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