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ARway.ai Enters Pilot With One of The Largest Shopping Malls in California

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ARway.ai, an AI-powered Augmented Reality Experience platform, has announced a new paid pilot contract with one of Southern California's largest shopping malls. The pilot, expected to last 90 days, will implement navigation and augmented reality experiences in a 1.2 million square foot center with over 130 stores and restaurants. Upon successful completion, it could lead to a full rollout and an annual six-figure contract.

CEO Evan Gappelberg expressed excitement about this milestone, highlighting ARway's ability to deliver seamless navigation solutions across expansive areas. The company has recently signed multiple paid pilot programs, ranging from $5,000 to $15,000, with various entities including a leading Indian brand design agency and a Middle East-based technology company. These pilots are expected to lead to annual sales contracts, showcasing ARway's growing market presence in the spatial computing and augmented reality sector.

ARway.ai, una piattaforma di Esperienze in Realtà Aumentata alimentata da intelligenza artificiale, ha annunciato un nuovo contratto pilota a pagamento con uno dei più grandi centri commerciali della California del Sud. Il pilota, che dovrebbe durare 90 giorni, implementerà soluzioni di navigazione e esperienze in realtà aumentata in un centro di 1.2 milioni di piedi quadrati con oltre 130 negozi e ristoranti. Al termine della fase pilota con successo, potrebbe portare a un'implementazione completa e a un contratto annuale a sei cifre.

Il CEO Evan Gappelberg ha espresso entusiasmo per questo traguardo, evidenziando la capacità di ARway di fornire soluzioni di navigazione fluide in ampie aree. Recentemente, l'azienda ha firmato diversi programmi pilota a pagamento, che variano da 5.000 a 15.000 dollari, con vari enti, tra cui una importante agenzia di design indiana e una società tecnologica con sede in Medio Oriente. Questi piloti dovrebbero portare a contratti di vendita annuali, dimostrando la crescente presenza di ARway nel mercato della computazione spaziale e della realtà aumentata.

ARway.ai, una plataforma de Experiencias de Realidad Aumentada impulsada por inteligencia artificial, ha anunciado un nuevo contrato piloto pagado con uno de los centros comerciales más grandes del sur de California. Se espera que el piloto, que durará 90 días, implemente soluciones de navegación y experiencias de realidad aumentada en un centro de 1.2 millones de pies cuadrados con más de 130 tiendas y restaurantes. Al finalizar con éxito, podría conducir a un lanzamiento completo y a un contrato anual de seis cifras.

El CEO Evan Gappelberg expresó su entusiasmo por este hito, destacando la capacidad de ARway para ofrecer soluciones de navegación sin interrupciones en áreas extensas. Recientemente, la empresa ha firmado varios programas piloto pagados, que van de 5,000 a 15,000 dólares, con diversas entidades, incluyendo una importante agencia de diseño india y una empresa de tecnología con sede en Oriente Medio. Se espera que estos pilotos lleven a contratos de ventas anuales, mostrando la creciente presencia de ARway en el mercado de la computación espacial y la realidad aumentada.

ARway.ai는 인공지능 기반의 증강 현실 경험 플랫폼으로, 남부 캘리포니아의 대형 쇼핑몰 중 하나와 새로운 유료 파일럿 계약을 발표했습니다. 90일 동안 진행될 예정인 이 파일럿은 130개 이상의 상점과 레스토랑이 있는 1.2백만 평방피트 센터에서 탐색 및 증강 현실 경험을 구현할 것입니다. 성공적으로 완료되면 전체 롤아웃과 연간 6자리 계약으로 이어질 수 있습니다.

CEO 에반 갭펠버그는 이 이정표에 대한 흥분을 표하며 ARway의 광범위한 지역에 걸쳐 매끄러운 탐색 솔루션을 제공할 수 있는 능력을 강조했습니다. 이 회사는 최근 5,000달러에서 15,000달러에 이르는 여러 유료 파일럿 프로그램을 체결했으며, 주요 인도 브랜드 디자인 에이전시와 중동 기반 기술 회사를 포함한 다양한 단체와 협력하고 있습니다. 이러한 파일럿은 연간 판매 계약으로 이어질 것으로 예상되며, ARway가 공간 컴퓨팅 및 증강 현실 분야에서 성장하고 있음을 보여줍니다.

ARway.ai, une plateforme d'expériences en réalité augmentée alimentée par l'intelligence artificielle, a annoncé un nouveau contrat pilote payant avec l'un des plus grands centres commerciaux du sud de la Californie. Le pilote, qui devrait durer 90 jours, mettra en œuvre des solutions de navigation et des expériences de réalité augmentée dans un centre de 1,2 million de pieds carrés avec plus de 130 magasins et restaurants. À l'issue d'une réussite, cela pourrait conduire à un déploiement complet et à un contrat annuel à six chiffres.

Le PDG Evan Gappelberg a exprimé son enthousiasme à propos de cette étape, soulignant la capacité d'ARway à offrir des solutions de navigation fluides sur de vastes zones. L'entreprise a récemment signé plusieurs programmes pilotes payants, allant de 5 000 à 15 000 dollars, avec diverses entités, y compris une agence de design de marques indienne et une entreprise technologique basée au Moyen-Orient. Ces pilotes devraient conduire à des contrats de vente annuels, montrant ainsi la croissance de la présence d'ARway sur le marché de l'informatique spatiale et de la réalité augmentée.

ARway.ai, eine KI-gestützte Plattform für Augmented Reality-Erlebnisse, hat einen neuen kostenpflichtigen Pilotvertrag mit einem der größten Einkaufszentren Südkaliforniens bekannt gegeben. Der Pilot, der voraussichtlich 90 Tage dauert, wird Navigations- und Augmented Reality-Erlebnisse in einem 1,2 Millionen Quadratfuß großen Zentrum mit über 130 Geschäften und Restaurants implementieren. Nach erfolgreichem Abschluss könnte dies zu einer vollständigen Einführung und einem jährlichen sechsstelligen Vertrag führen.

CEO Evan Gappelberg äußerte seine Begeisterung über diesen Meilenstein und hob die Fähigkeit von ARway hervor, nahtlose Navigationslösungen in großen Bereichen zu bieten. Das Unternehmen hat kürzlich mehrere kostenpflichtige Pilotprojekte unterzeichnet, die zwischen 5.000 und 15.000 Dollar liegen, mit verschiedenen Partnern, darunter eine führende indische Markenagentur und ein technologieunternehmen aus dem Nahen Osten. Diese Piloten werden voraussichtlich zu jährlichen Verkaufsverträgen führen und zeigen die wachsende Marktpräsenz von ARway im Bereich Spatial Computing und Augmented Reality.

Positive
  • Secured a paid pilot contract with a major Southern California shopping mall
  • Potential for an annual six-figure contract upon successful pilot completion
  • Recently signed multiple paid pilot programs ranging from $5,000 to $15,000
  • Expanding market presence in spatial computing and augmented reality sector
Negative
  • None.

TORONTO, ON / ACCESSWIRE / August 15, 2023 / ARway.ai ("ARway" or the "Company") (CSE:ARWY)(OTCQB:ARWYF)(FSE:E65) is an AI powered Augmented Reality Experience platform with a disruptive no-code, no beacon spatial computing solution enabled by visual marker tracking with centimeter precision announces a new paid for pilot contract with one of Southern California's most popular shopping, dining and entertainment lifestyle destinations. The paid pilot is for navigation and augmented reality experiences in the Centre comprising 1.2 million square feet, more than 130 stores, restaurants. The pilot is expected to last 90-days and upon the successful completion of the pilot a full rollout and annual six figure contract would ensue.

Watch video showcases of ARway's technology in retail locations:

Video - Discover the Future of Retail: Unleashing the Power of ARway Automation!

Video - ARway.ai - AR and Indoor Navigation Mall in Dubai Use Case

ARway.ai CEO Evan Gappelberg commented "We are excited to announce this new pilot contract with one of Southern California's most popular retail destinations. This is another significant milestone for ARway.ai as we bring our cutting-edge indoor navigation and augmented reality experiences to this massive space which sprawls over 1.2 million square feet. This project showcases ARway's technology and ability to deliver seamless navigation solutions across expansive areas and upon the successful completion of this pilot and rollout we anticipate this key account to open the doors for more malls."

The Company has recently signed multiple paid for pilot programs having recently signed on one of India's leading brand design agencies as well as a Middle East based technology company. These pilot programs range in cost from $5,000-$15,000 and are expected to last a few months and then lead to annual sales contracts.

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To learn more about ARway, please follow on Social Media: Twitter, YouTube, Instagram, LinkedIn, and Facebook, and visit our website: www.arway.ai

About ARway.ai

ARway.ai (CSE: ARWY) (OTCQB: ARWYF) (FSE: E65) is a spatial computing platform powered by artificial intelligence (AI) providing an array of augmented reality (AR) experiences for indoor spaces. ARway's breakthrough no-code no-beacon IPNN allows for the easy creation of navigation, tours, information sharing, notifications, advertising and gamification. ARway works seamlessly as a cross platform solution on iOS/ Android. ARway's technology is optimized for both mobile devices and AR glasses: Apple's Vision Pro, Magic Leap and Microsoft's HoloLens. ARway has unlimited use cases for augmenting physical spaces, making it a valuable tool for creators, brands and companies in various industries. The complete ARway platform includes: the Web Creator Studio, the ARwayKit Software Development Kit (SDK) and a mobile app for iOs and Android.

Nextech 3D.ai
On October 26, 2022, ARway.ai. was spun-out from its parent Company, Nextech3D.ai (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2). Nextech retained a control ownership in ARway.ai. with 13 million shares, or a 49% stake. Nextech3D.ai 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 Nextech3D.ai, visit www.nextechar.com

For further information, please contact:

Investor Relations Contact
Julia Viola
investor.relations@arway.ai

ARway.ai
Evan Gappelberg
CEO and Director
866-ARITIZE (274-8493)

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.ai will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

SOURCE: ARway Corporation



View source version on accesswire.com:
https://www.accesswire.com/774164/ARwayai-Enters-Pilot-With-One-of-The-Largest-Shopping-Malls-in-California

FAQ

What is the duration and potential value of ARway.ai's new pilot contract with the California shopping mall?

The pilot contract with the Southern California shopping mall is expected to last 90 days. Upon successful completion, it could lead to a full rollout and an annual six-figure contract for ARway.ai (ARWYF).

How large is the shopping center where ARway.ai (ARWYF) will implement its technology?

The shopping center where ARway.ai will implement its navigation and augmented reality experiences comprises 1.2 million square feet and includes more than 130 stores and restaurants.

What other recent contracts has ARway.ai (ARWYF) secured?

ARway.ai has recently signed multiple paid pilot programs, including contracts with one of India's leading brand design agencies and a Middle East-based technology company. These pilots range in cost from $5,000 to $15,000.

What is the expected outcome of ARway.ai's (ARWYF) pilot programs?

ARway.ai expects these pilot programs to last a few months and then lead to annual sales contracts, potentially increasing the company's revenue and market presence in the spatial computing and augmented reality sector.

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