DATE:
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LINK:https://bit.ly/2HDdBgd
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.
Learn more about the event at www.virtualinvestorconferences.com.
Q3 Key Highlights:
- Record Q3 2020 Total Bookings of
$6.7 million * which exceeded all of 2019 revenue of $6mill - 331% growth over Q3 2019 revenue of
$1,561,425 NexTech filed to uplist its stock to the Nasdaq Capital MarketJuly 2nd .- Record cash on hand of
$16.3 million - Raised
$13.2 million , through underwritten offering byMackie Research of 2,035,000 shares at a price of$6 .50 - Hired
Eugen Winschel 18-year SAP Executive as new COO - Doubled the size of the company to 140 in Q3 from just 70 in Q2 - to continue to meet the rapid ramp up in demand and increase the company's technological capabilities.
- Company became approved Microsoft partner
- Launched New Distribution Deals with Well Known Consumer Brands, Including: Dyson, Philips Norelco, MR. Coffee,
VitaMix , Breviel and Cusinart - Landed
$250,000 edTech AR contract with Ryerson University - Appointed
Ori Inbar to its Board of Directors, a recognized AR expert, having been involved in the industry for over a decade as both a startup entrepreneur and a venture capital investor through SuperVentures. - Acquired the assets of Next Level Ninjas for
$720,000 cash consideration - Launches “Screen AR” A
New Augmented Reality Immersive Video Conferencing Software to Accelerate Business Opportunities - Began building Collaborative Video Conferencing Capabilities to Rival Zoom and Address Telemedicine and Edtech Markets
The company is continuing to experience a rapid rise in demand for all its services. However, demand is especially high for its AR Solutions which include WebAR, AR ads, ScreenAR, Human holograms as well as custom AR solutions. Demand for the companies AR labs for education is growing at 200%/month while every virtual event the company does has multiple AR experiences. To meet this growing demand the company is currently hiring dozens of AR/VR, Unity, and 3D modeling experts.
About NexTech AR
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
“
CEO and Director
For further information, please contact:
Chief Executive Officer
info@nextechar.com
About Virtual Investor Conferences®
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Virtual Investor Conferences
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OTC Markets Group
(212) 220-2221
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