Nextech3D.ai Investor Livestream Discussing New AI Technology Tomorrow November 30
- Nextech3D.AI is at the forefront of the growing 3D modeling industry, creating over 60,000+ 3D models to date.
- The company has transitioned to focus on high-scale production for its 3D modeling business with Amazon and other enterprise accounts.
- The company has experienced record sales for its event tech management platform, 'Map D'.
- Nextech3D.AI has expanded profit margins and slashed overhead costs as it opens an office in Hyderabad, India.
- The company has signed a 3D model expansion contract with Vornado Air LLC, bringing its 3D models onto Amazon's Seller Central.
- The resignation of David Cramb from the Board of Directors may have an impact on the company's governance and leadership.
- The transition away from small e-commerce clients may pose a risk if the company becomes overly reliant on large enterprise clients.
TORONTO, ON / ACCESSWIRE / November 29, 2023 / Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers announces that CEO Evan Gappelberg and Head of Product Operations Hareesh Achi will join Proactive LIVE tomorrow for a special investor livestream event. They will discuss latest business developments as well as the Company's proprietary artificial intelligence (AI) technology that creates 3D experiences at scale for e-commerce.
The Company invites individual and institutional investors, as well as advisors and analysts to attend the live, interactive online event.
Livestream Details
Date: Thursday, November 30, 2023
Time: 11:00 a.m PT / 2:00 p.m ET
Link to Join: https://www.youtube.com/live/PJvrKeHRhoE?si=3Q7f1AxEnCK-0hsq
3D Models at Scale for E-Commerce
Nextech3D.ai is at the forefront of the growing 3D modeling industry having created over 60,000+ 3D models to date. With its cutting edge generative-AI technology, the Company is able to create photo-realistic 4K 3D product models that cater to the specific needs of major e-commerce enterprise companies.
As previously announced, the Company is now exclusively focused on high-scale production for its 3D modeling business with Amazon and other enterprise accounts. The Company has transitioned away from small e-commerce clients that require a limited number of 3D models and is instead prioritizing large enterprise clients who demand thousands of models and high-scale production.
The BOD has accepted the resignation of David Cramb from the Board of Directors for personal reasons and currently has no plans to replace him. The Board expresses appreciation for his contributions and wishes him success in future endeavors.
Recent News
- Nextech3D.ai Provides Earnings Call Details for Q3 2023 Financial Results November 29
- Nextech3D.ai Experiences Record Sales for Its Event Tech Management Platform, "Map D"
- Nextech3D.ai Announces Multiple New 3D Modeling Deals
- Nextech3D.ai Expands Profit Margins and Slashes Overhead Costs as it Opens Office in Hyderabad India
- Nextech3D.ai Signs 3D Model Expansion Contract With Vornado Air LLC Bringing Its 3D Models Onto Amazon's Seller Central
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About Nextech3D.ai
Nextech3D.ai or the "Company," (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2), is a versatile augmented reality and AI technology company that utilizes its proprietary artificial intelligence (AI) to craft immersive 3D experiences at scale for E-COMMERCE. The Company's primary focus lies in creating high-quality 3D WebAR photorealistic models for Amazon and various other online retailers. Nextech3D.ai has adopted a unique approach to creating shareholder value beyond its operating business of creating 3D models.
The Company also develops or acquires disruptive AI-technologies, which are subsequently spun out to shareholders as standalone public companies. This spin-out strategy allows Nextech3D.ai to issue stock dividends to its shareholders while maintaining significant ownership in the public spin-out, without dilution to the parent company Nextech3D.ai.
Notably, Nextech3D.ai successfully spun out "ARway," (OTCQB:ARWYF)(CSE:ARWY)(FSE:E65) its spatial computing platform, as a standalone public company on October 26, 2022. The Company retains a
Similarly, Nextech3D.ai accomplished its second spin-out launching Toggle3D.ai, (OTCQB:TGGLF)(CSE:TGGL)(FSE:Q0C) an AI-powered 3D design studio aimed at competing with Adobe. The Company retains a
To learn more, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit our website: https://www.Nextechar.com.
For further information, please contact:
Investor Relations Contact
Julia Viola
investor.relations@nextechar.com
Nextech3D.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. Nextech 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: Nextech3D.ai
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