NexTech Signs AR University Deal with Leading Brand "Mr. Steak"
July 10 2019 - 7:14AM
InvestorsHub NewsWire
NexTech Signs AR University Deal with Leading Brand "Mr. Steak"
NEW YORK, NY and TORONTO, ON, Canada -- July 10, 2019 --
InvestorsHub NewsWire -- NexTech AR Solutions (the “Company” or
“NexTech”) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29) is pleased to
announce that it has entered into an agreement with the Mr.
Steak brand, most famous as the manufacturer of the Mr. Steak
Grill, sold online and at Bass Pro
Shops and Cabelas. NexTech is creating an AR University
for education and training for aspiring chefs around the brand. As
one of the early adopters and SaaS subscribers of NexTech’s WebAR
on their website, Mr. Steak is now upgrading the Mr. Steak
experience with the ARitize™ University as part of the launch of
their premium steak line.
"We are thrilled with the results to date with NexTech AR. This
technology has given our customers a new way to interact with our
products before and after their purchase. I’m especially excited
for the launch of our AR University which will enhance the Mr.
Steak brand with my holographic twin bringing the lessons I’ve
learned from 30 years of grilling into peoples homes,” comments
Mick Scully, A.K.A Mr. Steak.
See Mr. Steak Hologram Demo Here
This project sets the stage for NexTech to have a first mover
advantage in creating an AR University for the food industry
providing 3D volumetric and holographic cooking instruction,
food preparation, and grilling all seen from any mobile
device on the Mr. Steak University. Mr. Steak’s existing and future
customers will be able to view these immersive experiences in the
ARitize™ App available on both iOS and Android.
“Being able to use augmented reality for visualizations, and 3D
instructional cooking using precision high-quality products like
the Mr. Steak grill and other precision products is super exciting
for us as it opens the door to AR training in the entire food
preparation and cooking industry,” said Evan Gappelberg, CEO of
NexTech. “We are very excited to be bringing our AR University
platform to market with a leading brand like Mr. Steak. According
to Market research engine (MRE) the commercial cooking equipment
market size is Projected to be Around US$ 12.5 Billion by
2024.”
About ARitize™ University
The app-based solution allows companies and educational
establishments to leverage all of their existing 2D assets -
YouTube videos, PDF documents, PowerPoint decks, images, etc. - and
then overlay immersive 3D-AR experiences on top of that content for
an interactive training experience that drives productivity. It
also utilizes complex algorithms to recognize and relate content to
each other, allowing it to create micro-learning courses and
recommend relevant training content to each individual user.
ARitize™ University is essentially a plug-and-play application
that can be up and running in as little as one day. It takes just
seconds to upload smaller assets, and the pre-built backend system
enables administrators to set user access guidelines quickly.
Monthly bulk licensing plans are available to provide a
cost-efficient and scalable solution for organizations of any
size.
The global workplace training market was worth $362 billion in
2017, according to Statista. Statista also
reported that in 2017, 85 percent of businesses use some sort
of in-house instructor to manage employee training. This represents
a significant opportunity for NexTech’s ARitize™ University to
penetrate the market by providing an AR foundation for
organizations to build training programs upon.
ARitize™ University is live and is available for all to download
in the Google Play (for Android) and App Store (for iOS).
About NexTech AR Solutions Corp.
NexTech is bringing a next generation web enabled augmented
reality (AR) platform with Artificial Intelligence (AI) and
analytics to the Cannabis industry, eCommerce, education, training,
healthcare and video conferencing. Having integrated with Shopify,
Magento and Wordpress, its technology offers eCommerce sites a
universal 3D shopping solution. With just a few lines of embed
code, the Company’s patent-pending platform offers the most
technologically advanced 3D AR, AI technology anywhere.
Online retailers can subscribe to NexTech’s state-of-the-art, 3D
AR/AI SaaS platform. The Company has created the AR industry’s
first end-to-end affordable, intelligent, frictionless, scalable
platform.
To learn more, please follow us
on Twitter, YouTube, Instagram, LinkedIn,
and Facebook, or visit our
website: https://www.nextechar.com.
On behalf of the Board of NexTech AR Solutions Corp.
“Evan Gappelberg”
CEO and Director
For further information, please contact:
Evan Gappelberg
Chief Executive Officer
info@nextechar.com
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”, “looking forward” or variations of such words and phrases or
statements that certain actions, events or results “will” occur.
Forward-looking statements regarding the Company increasing
investors awareness are based on the Company’s estimates and are
subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, levels of activity, performance
or achievements of NexTech to be materially different from those
expressed or implied by such forward-looking statements or
forward-looking information, including capital expenditures and
other costs. There can be no assurance that such statements
will prove to be accurate, as actual results and 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.
Media contact:
Erin Hadden
FischTank Marketing and PRe
hadden@fischtankpr.com
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