Nextech AR Receives Enterprise 3D Modeling Expansion Contract and Lands New S&P 500 Customer
TORONTO, Jan. 17, 2023 (GLOBE NEWSWIRE) -- via InvestorWire -- Nextech AR Solutions Corp. ("Nextech" or the "Company") (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Metaverse Company and leading provider of augmented reality ("AR") experience technologies, wayfinding technologies and 3D model services is pleased to announce the expansion contract with thousands of 3D model products for Majid Al Futtaim, a branding partner for world-class fashion and retail brands with more than 100 stores across the MENA region, including some of the world's most desirable brands, such as Crate & Barrel, Abercrombie & Fitch, Hollister, AllSaints, and lululemon Athletica. The Company is also pleased to announce that it now supplies 3D models for Procter & Gamble, an S&P 500 company, as well as Bunnings (owned by Wesfarmers), which has 381 locations, the largest retailer of home improvement supplies in Australia and New Zealand.
- These latest 3D modeling contracts are further evidence of the global demand for 3D models due to the high ROI.
- Nextech anticipates the 3D model mega-trend gaining even more traction in 2023 , as the mass adoption of 3D models continues.
- Nextech is currently in discussions with other major retailers and is anticipating a record number of new deals for 3D models in 2023.
- has signed on for a number of unique and complex 3D models to promote their games.