ParcelPal Bringing Augmented Reality To Platform With Nextech AR Integration Deal
17 Janeiro 2019 - 10:35AM
InvestorsHub NewsWire
Vancouver, BC -- January 17, 2019 --
InvestorsHub NewsWire -- ParcelPal Technology Inc. (“ParcelPal” or
the “Company”), (CSE:
PKG) (FSE: PT0) (OTC:
PTNYF) – is pleased to announce that it signed an integration
deal with NexTech Ar Solutions (CSE:
NTAR) (OTC:
NEXCF) (FSE:N29).
As
part of the integration with ParcelPal, Nextech will create custom
dashboards with its xAPI analytics enabling the tracking of
micro-behaviors throughout the AR experience creating a valuable
sea of data for ParcelPal and their merchant eCommerce sites. With
the xAPI and AR experiences integrated on the ParcelPal site and
mobile apps the Company will gain a very valuable marketing tool
and differentiating technology which will generate the highest
conversions, click through, dwell time and sales, providing a
valuable roadmap for both companies. The xAPI will be used in
conjunction with IBM Watson integration to enhance ongoing AI and
AR product development.
President and CEO Kelly Abbott stated, “After
spending significant time with NexTech team we realized that
including an Augmented Reality of our e-commerce app and soon to be
website will give both NexTech & ParcelPal a significant edge
in the e-commerce space resulting in a differentiated offering that
doesn’t exit currently for out consumers.”
“We
are excited to work with ParcelPal Technology with the integration
of our AR ecommerce shopping experiences all their merchants will
be able to offer 3D shopping leading to higher conversion rates and
sales giving ParcelPal and their partners a real edge in the
marketplace” comments Evan Gappelberg CEO of Nextech. He continues,
“with this launch we are now in the market signing up a growing
customer, exciting times are here”.
About NexTech Ar
Solutions
NexTech is bringing augmented reality (AR) to
the masses by creating an AR ecosystem featuring eCommerce
solutions for websites, AR learning and education as well as AR
live streaming for events. The company has filed a patent
around its AR web-enabled eCommerce platform which has been
integrated with Shopify, Wordpress and Magento. The AR can “go
live” on any eCommerce site with just a few lines of embed code
creating a highly scalable platform.
About ParcelPal Technology
Inc.
ParcelPal is a technology driven logistics
company that connects consumers to the goods they love. Customers
can shop at partner businesses and through the ParcelPal technology
receive their purchased goods within an hour.
The Company offers on-demand
delivery of merchandise from leading retailers, restaurants,
medical marijuana dispensaries and liquor stores in Vancouver and
soon in major cities Canada-wide.
ParcelPal
Website: www.parcelpal.com
The
Canadian Securities Exchange (“CSE”) or any other securities
regulatory authority has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release
that has been prepared by management.
CSE
– Symbol: PKG
FSE
– Symbol: PT0
OTC
– Symbol: PTNYF
Contact: Peter Hinam, Investor Relations –
peter@parcelpal.com
Forward Looking
Information
This news release
contains forward looking statements relating to the Proposed
Transaction, and the future potential of ParcelPal. Forward
looking statements are often identified by terms such as "will",
"may", "should", “intends”, "anticipates", "expects", “plans” and
similar expressions. All statements other than statements of
historical fact, included in this release are forward looking
statements that involve risks and uncertainties. These risks
and uncertainties include, without limitation, the risk that the
Proposed Transaction will not be completed due to, among other
things, failure to execute definitive documentation, failure to
complete satisfactory due diligence, failure to receive the
approval of the CSE and the risk that ParcelPal will not be
successful due to, among other things, general risks relating to
the mobile application industry, failure of ParcelPal to gain
market acceptance and potential challenges to the intellectual
property utilized in ParcelPal. There can be no assurance
that any forward looking statements will prove to be accurate and
actual results and future events could differ materially from those
anticipated in such statements.
The Company cannot guarantee
that any forward looking statement will materialize and the reader
is cautioned not to place undue reliance on any forward looking
information. Such information, although considered reasonable
by management at the time of preparation, may prove to be incorrect
and actual results may differ materially from those
anticipated. Forward looking statements contained in this
news release are expressly qualified by this cautionary
statement. The forward looking statements contained in this
news release are made as of the date of this news release and the
Company will only update or revise publicly any of the included
forward looking statements as expressly required by Canadian
securities laws.
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