Nextech3D.ai Signs LOI to Acquire Designhubz Expanding its 3D & AR Portfolio With Try-On Technology For Wearables
Nextech3D.ai (OTCQX:NEXCF) has announced the acquisition of augmented reality (AR) try-on technology from Designhubz in an all-stock deal of 500,000 shares at $0.10/share. This strategic move expands Nextech3D.ai's 3D and AR portfolio, particularly in the wearables segment. The acquisition includes Designhubz's All-in-One Solution, which enables virtual product try-ons for online shoppers.
The integration of Designhubz's technology enhances Nextech3D.ai's platform with AI-powered style and size suggestions for various products, including eyewear and shoes. CEO Evan Gappelberg states that this acquisition completes their goal of becoming an end-to-end solution for e-commerce retailers. The combined technologies aim to provide a seamless shopping experience with virtual try-ons for jewelry, clothing, sneakers, and glasses, aligning with growing consumer demand for interactive product visualizations.
Nextech3D.ai (OTCQX:NEXCF) ha annunciato l'acquisizione della tecnologia di prova virtuale (AR) da Designhubz in un'operazione totalmente in azioni di 500.000 azioni a $0,10/azione. Questa mossa strategica espande il portafoglio 3D e AR di Nextech3D.ai, in particolare nel segmento degli indossabili. L'acquisizione include la Soluzione All-in-One di Designhubz, che consente ai consumatori di provare virtualmente i prodotti per gli acquisti online.
L'integrazione della tecnologia di Designhubz arricchisce la piattaforma di Nextech3D.ai con suggerimenti relativi a stile e taglia potenziati dall'IA per vari prodotti, tra cui occhiali e scarpe. Il CEO Evan Gappelberg afferma che questa acquisizione completa il loro obiettivo di diventare una soluzione end-to-end per i rivenditori di e-commerce. Le tecnologie combinate mirano a fornire un'esperienza di acquisto senza soluzione di continuità con prove virtuali per gioielli, abbigliamento, sneaker e occhiali, in linea con la crescente domanda dei consumatori per visualizzazioni interattive dei prodotti.
Nextech3D.ai (OTCQX:NEXCF) ha anunciado la adquisición de tecnología de prueba virtual (AR) de Designhubz en un acuerdo totalmente en acciones de 500,000 acciones a $0.10/acción. Este movimiento estratégico expande el portafolio 3D y AR de Nextech3D.ai, especialmente en el segmento de wearables. La adquisición incluye la Solución Todo en Uno de Designhubz, que permite a los compradores virtualmente probar productos en línea.
La integración de la tecnología de Designhubz mejora la plataforma de Nextech3D.ai con sugerencias de estilo y tamaño impulsadas por IA para varios productos, incluidos gafas y zapatos. El CEO Evan Gappelberg afirma que esta adquisición completa su objetivo de convertirse en una solución integral para minoristas de comercio electrónico. Las tecnologías combinadas buscan ofrecer una experiencia de compra fluida con pruebas virtuales para joyería, ropa, zapatillas y gafas, alineándose con la creciente demanda del consumidor por visualizaciones interactivas de productos.
Nextech3D.ai (OTCQX:NEXCF)는 Designhubz의 증강 현실 (AR) 착용 기술을 500,000주, 주당 $0.10의 전액 주식 거래로 인수한다고 발표했습니다. 이 전략적 결정은 Nextech3D.ai의 3D 및 AR 포트폴리오를 확장하며, 특히 웨어러블 분야에서 그러합니다. 인수에는 온라인 쇼핑객이 가상으로 제품을 착용해볼 수 있는 Designhubz의 올인원 솔루션이 포함됩니다.
Designhubz 기술의 통합은 다양한 제품에 대해 AI 기반 스타일 및 사이즈 제안을 제공하여 Nextech3D.ai의 플랫폼을 향상시킵니다, 여기에는 안경과 신발도 포함됩니다. CEO Evan Gappelberg는 이 인수가 전자상거래 소매업체를 위한 종합 솔루션이 되는 목표를 완성한다고 밝혔습니다. 결합된 기술은 보석, 의류, 스니커즈 및 안경의 가상 착용을 통해 매끄러운 쇼핑 경험을 제공하는 것을 목표로 하며, 소비자의 대화형 제품 시각화에 대한 수요 증가에 부응하고 있습니다.
Nextech3D.ai (OTCQX:NEXCF) a annoncé l'acquisition de la technologie d'essai virtuel (AR) de Designhubz dans le cadre d'une opération entièrement en actions portant sur 500 000 actions à 0,10 $/action. Ce mouvement stratégique élargit le portefeuille 3D et AR de Nextech3D.ai, notamment dans le segment des objets connectés. L'acquisition comprend la Solution Tout-en-Un de Designhubz, qui permet aux acheteurs en ligne d'essayer virtuellement des produits.
L'intégration de la technologie de Designhubz améliore la plateforme de Nextech3D.ai avec des suggestions de style et de taille alimentées par IA pour divers produits, y compris des lunettes et des chaussures. Le PDG Evan Gappelberg déclare que cette acquisition complète leur objectif de devenir une solution complète pour les détaillants en ligne. Les technologies combinées visent à offrir une expérience d'achat fluide avec des essais virtuels pour les bijoux, les vêtements, les baskets et les lunettes, en phase avec la demande croissante des consommateurs pour des visualisations de produits interactives.
Nextech3D.ai (OTCQX:NEXCF) hat die Übernahme der Augmented Reality (AR) Anprobiersysteme von Designhubz in einem vollumfänglichen Aktientausch von 500.000 Aktien zum Preis von $0,10/Aktie bekannt gegeben. Dieser strategische Schritt erweitert das 3D- und AR-Portfolio von Nextech3D.ai, insbesondere im Wearable-Segment. Die Übernahme umfasst die All-in-One-Lösung von Designhubz, die es Online-Käufern ermöglicht, Produkte virtuell auszuprobieren.
Die Integration der Technologie von Designhubz verbessert die Plattform von Nextech3D.ai mit KI-basierenden Stil- und Größenvorschlägen für verschiedene Produkte, einschließlich Brillen und Schuhe. CEO Evan Gappelberg erklärt, dass diese Übernahme ihr Ziel, eine End-to-End-Lösung für E-Commerce-Händler zu werden, erfüllt. Die kombinierten Technologien zielen darauf ab, ein nahtloses Einkaufserlebnis mit virtuellen Anproben für Schmuck, Kleidung, Sneaker und Brillen zu bieten, was mit der wachsenden Nachfrage der Verbraucher nach interaktiven Produktvisualisierungen übereinstimmt.
- Acquisition of AR try-on technology expands Nextech3D.ai's product offering
- Integration of AI-powered style and size suggestion capabilities
- Potential to increase market share in the wearables AR 3D growth segment
- Enhancement of the company's position as an end-to-end solution for e-commerce retailers
- All-stock deal may lead to shareholder dilution
- Integration challenges of new technology into existing platform
Company Acquires Key AR "Try-On" Technology
TORONTO, ON / ACCESSWIRE / September 11, 2024 / Nextech3D.AI (OTCQX:NEXCF)(CSE:NTAR)(FSE:EP2), a leading Generative AI-powered 3D model content provider for major e-commerce giants including Amazon, P&G, and Kohl's, is thrilled to announce the acquisition of augmented reality (AR) try-on technology from Designhubz in a all stock deal fo 500,000 shares at a deemed price of .10/share. Designhubz is renowned for its All-in-One Solution that creates, collaborates, and shares immersive eCommerce experiences, allowing online shoppers to virtually try products before they buy. With the addition of Designhubz's technology, Nextech3D.ai is set to deliver immersive experiences, setting a new standard in the world of digital commerce.
According to Designhubz-Immersive Virtual Try-On Experience and preferences.
AI Powered Style and Size Suggestions
From eyewear to shoes, Designhubz 3D and AR web viewer tracks key information such as your shoppers':
Facial and feet dimensions
Facial and feet features
Eye, skin and hair color
Age, gender and ethnicity feet dimensionAge, gender and ethnicity
Based on the above, the AI personalization engine is equipped to recommend the size that's right for them and suggest styles that shoppers similar to them have bought in the past.
Nextech3D.ai CEO Evan Gappelberg commented, "We are excited about adding this technology into our Nextech3D.ai platform which is already quite robust. However with this acquisition I believe we have completed our goal of becoming the end-end one stop shop for ecommerce retailers and have dramatically expanded our market into the wearables AR 3D growth segments. He continues "We have been investing heavily in our technology over the past five years which is evidenced by our portfolio of five patents for 2D-3D technology as well as sour recognition from Amazon as their external 3D model supplier. We are continuously looking to strengthen our position in the market and platform in 3D and AR technologies and this acquisition complements our existing tech perfectly."
This strategic acquisition positions Nextech3D.ai's AI-driven 3D modeling capabilities, by offering a virtual shopping experience that includes try on jewelry, try on clothing, try on sneakers and try on glasses which aligns with the growing consumer demand for interactive and personalized product visualizations. The integration of Designhubz's advanced AR technology will allow Nextech3D.ai's customers to not only visualize with 3D models but also to provide the consumer with a seamless "try-on" experience, enhancing product engagement and boosting purchase confidence.
Unifying 3D Modeling and AR Try-On for a Seamless Shopping Experience
With the integration of Designhubz's AR technology, Nextech3D.ai is positioned to maximize the way consumers interact with products online. From fashion and beauty to automotive and real estate, our unified platform will deliver highly realistic and interactive product visualizations, empowering users to explore and try on any product in the ecommerce landscape giving Nextech a competitive advantage over companies that only offer limited services.
Nextech3D.ai's platform will now offer a comprehensive suite of tools including texture modeling, a marketplace for 3D assets, AI-driven photo renderings, and immersive AR visualizations. This powerful combination not only streamlines workflows but elevates the user experience, creating an all-encompassing hub for everything 3D and AR.
In the fashion and beauty sectors, AR try-ons are redefining the customer experience by allowing users to experiment with virtual accessories and makeup. With the addition of Designhubz's technology, Nextech3D.ai is set to deliver immersive experiences, setting a new standard in the world of digital commerce.
Sign up for Investor News and Info - Click Here
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.
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:
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
View the original press release on accesswire.com
FAQ
What technology did Nextech3D.ai (NEXCF) acquire in the recent deal?
How much did Nextech3D.ai (NEXCF) pay for the Designhubz technology?
What new capabilities does the Designhubz acquisition bring to Nextech3D.ai (NEXCF)?
How does this acquisition impact Nextech3D.ai's (NEXCF) market position?
