ARway'S SDK Gaining Traction
Signing Multiple New Deals as $44 Billion Indoor Navigation
Industry Accelerates Shift to Augmented Reality
Navigation
SDK SaaS Business
Gaining Traction
TORONTO, O.N,
Canada -- February 28, 2023 -- InvestorsHub NewsWire
-- ARway
Corporation ("ARway" or
the "Company") (CSE:
ARWY), (OTC:
ARWYF) (FSE: E65) is an AI-powered Augmented Reality Navigation
platform with a disruptive no-code, no beacon spatial computing
solution enabled by visual marker tracking with centimeter
precision. ARway is excited to announce that the Company has signed
Seven new deals for its Software Development Kit
(SDK),
which showcases the increasing
demand for this disruptive technology. Since
its SDK was released on January 31, 2023 the company has been experiencing a wave of
demand from resellers, enterprise corporations and brands, which is
expected to drive significant revenue in 2023.
These SDK deals range in size
from $600-$10,000 based on the usage of the platform, and are
within various industries representing a wide range of use cases
for ARway technology (see below). The Company is especially seeing
significant and accelerating deals from augmented reality agencies. These
creative agencies already work with dozens or even hundreds of customers and brands that
want and need Arway's wayfinding technology. By subscribing to the
ARway platform the agency can demonstrate the ARway capabilities to
their clients and act as a reseller for ARway's
solution.
ARway's SDK contains code
libraries and API information that allows developers to build their
own white label & private label mobile apps on both iOs and
Android leveraging ARway's technology and creator tools to build AR
wayfinding and spatial experiences. Creators and agencies will be
able to develop white
label and private label
apps and access ARway APIs to author maps using the Web Creator
Portal.
Sample
Of Agencies & Global Use Cases
Ubiquity
AR (OJO App): is an augmented
reality focused agency building experiences around AR advertising
and virtual product showcases. Using ARway, they are building AR
product wayfinding solutions for local retail stores, a first of a
kind offering in Chile, with plans to scale across the country.
Their pilot projects will kick-off in Walmart.
http://ojo-app.cl/
Craftech
360:
a tech based marketing firm based
in Bangalore with reach across 15+ cities, offering AR/VR and
embedded tech solutions with 150+ brands and 350+ activations
delivered. This project uses ARway technology at large-scale
tradeshow events (G20 conference event in India) using augmented
reality wayfinding and spatial content for increasing visitor
engagement. https://craftech360.com
Standout
Digital : is a brand strategy
agency leveraging latest technologies for brand activations and
integrated marketing activations based in Florida, USA. By
subscribing to the ARway platform the agency will be demonstrating
the ARway capabilities to their clients and run pilot projects in
the Tradeshow and Entertainment industries.
Umm
Al-Qura University: is a public university in Mecca, Saudi
Arabia. Using ARway, they are building an AR wayfinding solution
for university campus, a first of a kind offering in the
university, with plans for long term implementation.
http://uqu.edu.sa
Southern
Alberta Institute of Technology: Is a polytechnic institute in Alberta, Canada
providing hands-on educational programs. Students in SAIT will be
using ARway for curriculum projects and build AR experiences using
the platform.
Inthrall:
is a mobile app for consumers
and
businesses to communicate
information P2P using ultrasonic codes. Using ARway, they are
launching into an augmented reality wayfinding journey within
select stores and locations that are already using Inthrall for
their customers. http://inthrall.me/
To
learn more about ARway, please follow on Social Media:
Twitter,
YouTube,
Instagram,
LinkedIn,
and Facebook,
and visit our website: www.arway.ai
For further information, please
contact:
Investor
Relations Contact
Julia Viola
investor.relations@arway.ai
ARway
Corporation
Evan Gappelberg
CEO and Director
866-ARITIZE (274-8493)
About ARway
Corp
ARway is an AI powered augmented
reality navigation platform for the real-world metaverse. It
enables AR-enhanced indoor navigation and wayfinding solutions for
large, multi
-purpose venues enabled by
marker-based tracking using QR codes. Visitors can access a venue
map by scanning a QR code with their smartphone upon entering the
venue to navigate to any Point of Interest (POI) with step by step
directions, learn information about those POIs, and interact with
rich AR content and experiences along the way.
The ARway offering has an
unlimited number of use cases for augmenting physical spaces in the
metaverse, consisting of indoor navigation with AR activations to
improve the visitor experience in large and complex spaces. With
value propositions spanning multiple industries and use cases,
ARway leverages Nextech's 3D/AR technology solutions to new
substantial markets, for use by creators, brands, and
companies.
The ARway Platform Includes:
Web
Creator Platform
The
Web-Based Creator Platform provides 'advanced' authoring
capabilities compared to the mobile app, including the ability for
creators to upload their own OBJ/GLB files, and create their own 3D
objects. Placing content in a large area using only mobile app
required the user to physically be in the specific location which
was unscalable. The web studio allows the user to place and author
content remotely and at scale.
Mobile
App
With
the ARway mobile app, anyone can spatially map their location
within minutes using their smartphone, and populate it with
interactive 3D content, augmented reality wayfinding, audio, text,
images, and more. Nextech AR provides several pre-loaded 3D objects
which creators can leverage to populate their metaverse.
Download
the Mobile App
Apple
iOs -
click here
Google
Play Store -
click here
ARwayKit
SDK
The
Software Development
Kit
contains code libraries and API information that allows developers
to build their own white label & private label mobile apps on
both iOs and Android leveraging ARway's technology and creator
tools to build AR wayfinding and spatial experiences. Creators will
be able to develop white label and private label apps and access
ARway APIs to author maps using the Web Creator Portal. The SDK
features the latest and greatest of the ARway mobile
app.
Nextech AR
Solutions
On October 26, 2022, ARway Corp.
was spun-out from its parent Company, Nextech AR Solutions
(OTCQX:
NEXCF) (CSE:
NTAR) (FSE: EP2). Nextech AR retained a control
ownership in ARway Corp. with 13 million shares, or a 50% stake.
Nextech AR Solutions is a Metaverse Company and leading provider of
augmented reality ("AR") experience technologies and 3D model
services. Nextech's AI-powered 3D modeling platform, "ARItize3D"
has contracts with; AMZN, KSS, CB2, Genuine Parts & many
others. To learn more about Nextech
AR, visit
www.nextechar.com
Forward-looking
Statements
The CSE has not
reviewed and does not accept responsibility for the adequacy or
accuracy of this release.
Certain
information contained herein may constitute "forward-looking
information" under Canadian securities legislation. Generally,
forward-looking information can be identified by the use of
forward-looking terminology such as, "will be" or variations of
such words and phrases or statements that certain actions, events
or results "will" occur. 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
could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on
forward-looking statements and forward-looking information. ARway
Corp. will not update any forward-looking statements or
forward-looking information that are incorporated by reference
herein, except as required by applicable securities
laws.