ARway Corp. Launches Major
Augmented Reality Navigation Upgrades
TORONTO, O.N,
Canada -- January 31, 2023 -- InvestorsHub NewsWire
-- ARway
Corporation ("ARway" or
the "Company") (CSE:
ARWY), (OTC:
ARWYF) (FSE: E65) is disrupting the Augmented Reality ( AR)
Wayfinding market with a no-code, no beacon spatial computing
platform enabled by visual marker tracking. ARway is bringing many
new technologies together into one platform including; Artificial
Intelligence (AI), Augmented Reality (AR), Machine Learning (ML),
LIDAR digital twins, 3D models and more. ARway is pleased to
announce it has launched major upgrades to its spatial computing
wayfinding platform for the real world metaverse. These upgrades
include spatial video content, full occlusion, and enhancements to
the user experience of the ARway Creator Portal.
Spatial Video
Content
Videos can be added as spatial
content in augmented reality during the wayfinding experiences for
visitors to interact with. This additional no-code template allows
brands, properties and customers to publish interactive media in
their air space by click-drag-and-drop. Videos published through
ARway are location persistent and provide a multi-player experience
to all visitors in a location.
Increases:
-
Monetization capabilities:
Digital billboards, advertisements, promotions and more are enabled
for ARway customers, driving revenue and brand
awareness
-
Engagement: Enhanced levels of engagement for
visitors with interactive media
-
Stickiness:
Increased activation and experience time in spatials drive adoption
and retention of users
Video content is an additional
feature to existing no-code template inventory: 3D models, images,
hotspots, audio and text. Video content type can be enabled with
subscription to the AR Content Package offering at $1,200/month or
as an A-la-Carte content item at $250/month. Heavily requested by
early adopters and pilot projects, the video template is a
significant addition to the ARway advertising inventory.
Watch a video showcasing spatial
video content - click
here
Full
Occlusion
AR experiences and content must
be in harmony with real world objects with an unobstructed field of
view to create truly immersive experiences. With latest
breakthroughs in ARway's computer vision capabilities, objects
located in the physical world will not be blocked or occluded by
digital AR content. This latest version of occlusion eliminates
edge cases and variation in physical surroundings to provide an
enhanced visitor experience. Mobile devices powered by ARway can
track planes, surfaces, edges and light to guide visitors with
improved accuracy and no distortions.
Watch a video showcasing full
occlusion: click
here
Creator
Portal Studio User Experience Enhancements
Users of the ARway web creator
portal have an enhanced user experience when creating maps and
authoring content. The visual uplift is in line with modern design
and content tools like Figma, Adobe and Canva with the power of
spatial computing embedded in them. Heavily requested by early
adopters and pilots, these enhancements improve the workflow and
stickiness of the web studio for users, while boosting their
productivity.
Watch a video showcasing the
creator portal - click
here
Software
Development Kit
ARway
Corp. recently announced a significant upgrade to its spatial computing Software
Developer Kit (SDK) with the release of version 2.0. Launching the
SDK and its latest updates contributes to the expansion of ARway as
a major player in the spatial computing and wayfinding
market.
The launch of version 2.0 SDK
marks the completion of the last major component of the AR wayfinding and spatial
computing platform. The full ARway platform offering consists of
the ARway app - for spatial mapping, The Creator Portal - for
content management and analytics , and The ARwayKit SDK - for
custom apps and integrations. The ARway SDK is being offered as a
SaaS platform or can be used in limited ways for free with the
ARway watermark.
To
learn more about ARway, please follow on Social Media:
Twitter,
YouTube,
Instagram,
LinkedIn,
and Facebook,
and visit our website: www.arway.ai
For further information, please
contact:
Investor
Relations Contact
Julia Viola
investor.relations@arway.ai
ARway
Corporation
Evan Gappelberg
CEO and Director
866-ARITIZE (274-8493)
About ARway
Corp
ARway is a no-code spatial
computing platform for the real-world Metaverse. It enables
AR-enhanced indoor navigation and wayfinding solutions for large,
multi-purpose venues enabled by marker-based tracking using QR
codes. Visitors can access a venue map by scanning a QR code with
their smartphone upon entering the venue to navigate to any Point
of Interest (POI) with step by step directions, learn information
about those POIs, and interact with rich AR content and experiences
along the way.
The ARway offering has an
unlimited number of use cases for augmenting physical spaces in the
metaverse, consisting of indoor navigation with AR activations to
improve the visitor experience in large and complex spaces. With
value propositions spanning multiple industries and use cases,
ARway leverages Nextech's 3D/AR technology solutions to new
substantial markets, for use by creators, brands, and
companies.
The ARway Platform Includes:
Web
Creator Platform
The
Web-Based Creator Platform provides 'advanced' authoring
capabilities compared to the mobile app, including the ability for
creators to upload their own OBJ/GLB files, and create their own 3D
objects. Placing content in a large area using only mobile app
required the user to physically be in the specific location which
was unscalable. The web studio allows the user to place and author
content remotely and at scale.
Mobile
App
With
the ARway mobile app, anyone can spatially map their location
within minutes using their smartphone, and populate it with
interactive 3D content, augmented reality wayfinding, audio, text,
images, and more. Nextech AR provides several pre-loaded 3D objects
which creators can leverage to populate their metaverse.
Download
the Mobile App
Apple
iOs -
click here
Google
Play Store -
click here
ARwayKit
SDK
The
Software Development Kit contains code libraries and API
information that allows developers to build their own white label
& private label mobile apps on both iOs and Android leveraging
ARway's technology and creator tools to build AR wayfinding and
spatial experiences. Creators will be able to develop white label
and private label apps and access ARway APIs to author maps using
the Web Creator Portal. The SDK features the latest and greatest of
the ARway mobile app.
Nextech AR
Solutions
On October 26, 2022, ARway Corp.
was spun-out from its parent Company, Nextech AR Solutions
(OTCQX:
NEXCF) (CSE:
NTAR) (FSE: EP2). Nextech AR retained a control
ownership in ARway Corp. with 13 million shares, or a 50% stake.
Nextech AR Solutions 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 Nextech
AR, visit
www.nextechar.com
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
Corp. will not update any forward-looking statements or
forward-looking information that are incorporated by reference
herein, except as required by applicable securities
laws.
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