Nextech3D.AI announces new deals and renewal of 3D modeling business

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Nextech3D.ai continues to sign new and renewal contracts for 3D modeling and AR visualization for enterprise e-commerce

TORONTO, ON / ACCESSWIRE / May 17, 2024 / Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2), Amazon, Miele, P&G, and Kohl's are pleased to announce a series of exciting new deals and renewals for their 3D modeling businesses. The company has delivered more than 70,000 of his models to customers across a variety of industries, and is expected to see significant growth in 2024 and beyond, driven by the expansion of Amazon's platform of 3D models and AR experiences. . The company has also expanded its market reach into areas such as brake pads, calipers, crossbows, Bosch power tools, and pallet jacks.

Comments from CEO Evan Gappelberg on expansion and innovation

said Evan Gappelberg, CEO of Nextech3D.AI. “Many companies, large and small, across many new industries are now interested in not only 3D AI models, but also 3D AI digital rendering. We are now offering these alongside 3D AI models. 3D AI and AR add value to the 3D model itself, creating the immersive shopping experience that customers now expect from e-commerce. With our detailed services, production scalability, and large enterprise customers, Nextech3D.AI is emerging as a leader in 3D AI e-commerce.”

New 3D model showcase

Renewal with global brand

  • City premises: We provide innovative products that meet urban cycling needs.View 3D model of bicycle

  • Cromer: We offer commercial scissor lifts, column lifts and mobile lifting platforms in Germany.

  • William Wood Miller: A UK-based company with decades of experience in mirrors, lighting and furniture.View mirror 3D model

  • Armadillo tough: American company specializing in garage cabinets, shelf racks, and workbenches.View 3D model of workstation

Explore existing 3D product models on Amazon

Why AI and 3D modeling, and why now?

The e-commerce landscape is rapidly evolving and consumers are demanding more interactive and engaging shopping experiences. AI and 3D modeling technology provides a dynamic, immersive and personalized shopping journey. Major brands like Amazon, Walmart, CB2, IKEA, Sephora, and Target are embracing 3D models and AR shopping.

Amazon, valued at $2 trillion, is leading this change by moving all products from traditional 2D images to 3D models, setting a new standard for online retail. Nextech3D.AI is proud to be Amazon's 3D model supplier and creates tens of thousands of his 3D models every month. According to Amazon, the benefits of 3D/AR models include:

  • 8x more customers browse products with AR

  • AR virtual try-on increases purchase conversions by 2x

  • 94% of customers intend to use virtual try-on again

  • “Watch in Room” sales increase by 9%

The power of 3D models in e-commerce

3D models allow your customers to visualize your product in detail from all angles, making decisions more confident and leading to higher conversion rates. This reduces returns, lowers costs, and increases customer satisfaction. Additionally, interactive 3D models increase customer engagement, which directly correlates to increased sales.

Nextech3D.AI: Leading the future of e-commerce

As online shopping continues to grow, the demand for immersive and interactive experiences increases. Nextech3D.AI is at the forefront of this megatrend, turning online shopping into an interactive adventure with patented AI-powered 3D modeling technology, compatible with major e-commerce platforms such as Amazon .

ARitize 3D

ARitize 3D is a one-stop-shop AR solution for automated 3D model creation at an unbeatable price. Our AI transforms existing 2D product images or CAD files into 4K 3D AI and AR experiences. This is quick, easy and transformative for e-commerce websites. ARitize 3D is affordable, scalable, and frictionless, leveraging AI and ML to provide an end-to-end solution from modeling to AR integration.

invite brands inquiry Our team can help you start selling with 3D models in your online store today.

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About Nextec3D.ai

Nextech3D.ai or the “Company” (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2) is a versatile extension company that leverages proprietary artificial intelligence (AI) to build immersive 3D experiences at scale. Reality and AI technology company. For e-commerce. The company's main focus is on creating high-quality 3D WebAR photorealistic models for Amazon and various other online retailers. Nextech3D.ai takes a unique approach to creating shareholder value beyond the operational business of creating 3D models.

The Company also develops or acquires disruptive AI technologies, which are then spun out to shareholders as independent public companies. This spin-out strategy allows Nextech3D.ai to issue stock dividends to shareholders without diluting the parent company, Nextech3D.ai, while maintaining a significant ownership interest in the public spin-out.

In particular, Nextech3D.ai successfully spun out its spatial computing platform “ARway” (OTCQB:ARWYF)(CSE:ARWY)(FSE:E65) as an independent public company on October 26, 2022. The Company holds his 49% of the shares. It held 13 million shares of ARway Corp. and distributed 4 million shares to Nexttech shareholders.

Similarly, Nextech3D.ai is the second spin of Toggle3D.ai ((OTCQB:TGGGLF)(CSE:TGGL)(FSE:Q0C)), an AI-powered 3D design studio aimed at competing with Adobe. I launched out. The Company owns his 13 million shares, a 44% stake in Toggle3D.ai Corp.

If you want to know more, please follow us twitter, YouTube, Instagram, linkedinand Facebookor visit our website. https://www.Nextechar.com.

For more information, please contact us below.

Investor information contact information
julia viola
investor.relations@nextechar.com

Nextech 3D.ai
Evan Gappelberg
CEO and Director
866-Alitize (274-8493)

Forward-looking statements

CSE has not reviewed and is not responsible for the adequacy or accuracy of this release.

Certain information contained herein may constitute “forward-looking information” under Canadian securities laws. Forward-looking information generally can be identified by the use of forward-looking terminology, such as “will”, “will”, or variations of such words or phrases, or statements that a particular action, event or result “will” or “will” occur. can. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events may differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements or forward-looking information. Nextech will not update any forward-looking statements or forward-looking information incorporated herein by reference, except as required by applicable securities laws.

sauce: Nextec3D.ai

View the original press release at accesswire.com



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