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Nextech AR Solutions Corp. (CSE: NTAR) (OTCQB: NEXCF) Selected as Early Access Partner for Google’s 3D AR Search Program, Announces Expansion of its Ecommerce Partnership with Kohl’s, Closes ARway Acquisition

  • Nextech has been selected as an early access partner for Google’s 3D AR search program through which its current Threedy.ai customers’ 3D models will soon appear in organic Google search results
  • Threedy.ai provides a scalable 3D model creation platform
  • Nextech announced the expansion of its partnership with Kohl’s Corporation, one of the largest department store chains in the US and Threedy.ai’s customer
  • Nextech has closed the previously announced acquisition of UK-based spatial computing company, ARWAY Ltd, in an all-stock transaction

In 2019, during its annual I/O Conference, Google, a subsidiary of Alphabet (NASDAQ: GOOGL), announced that moving forward, its search engine would start displaying 3D and augmented reality (“AR”) objects as a search engine results page (“SERP”) feature. This would mark a departure from the site’s original, single focus on indexing and subsequently displaying 2D data such as text and images.

In an interview with Steve Darling from Proactive (https://ibn.fm/OhJdW), however, Nextech AR Solutions (CSE: NTAR) (OTCQB: NEXCF) CTO of Visual Computing and Artificial Intelligence (“AI”), Nima Sarshar, noted that the roll-out was slow, even though Google had partnered with a few brands like…

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NOTE TO INVESTORS: The latest news and updates relating to NEXCF are available in the company’s newsroom at https://ibn.fm/NEXCF

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