Mr. Evan Gappelberg reports
ARWAY.AI ANNOUNCES BOARD MEMBER CHANGES
ARway Corp. (ARway.ai) board member Belinda Tyldesley has resigned for personal reasons. The company thanks her for her service!
ARway has appointed Peter Bloch, a successful entrepreneur, as a new board member, replacing Mrs. Tyldesley.
Biography
Mr. Bloch was the chief executive officer of BresoTEC Inc. Mr. Bloch was also the CEO and chairman of Bionik Laboratories from 2012 to 2018. Mr. Bloch is a CPA, CA, with a record of building both public and private technology companies, mainly in the life sciences industry. In these roles, Mr. Bloch has secured significant financing for both private and public companies, gained experience with initial public offerings, and led a number of acquisitions and partnership transactions. His past 25 years of executive management experience includes serving as chief financial officer and joint interim CEO of Sanofi Canada Inc., the Canadian affiliate of Sanofi-Aventis, a global health care leader; CFO of Intellivax Inc., a biotechnology company that was sold to GlaxoSmithKline for $1.75-billion; founder of Tribute Pharmaceuticals, a specialty pharmaceutical company; CFO of Gennum Corp., a public semiconductor company focused on the television and medical device market; and CFO of Just Energy, a large public electricity and gas company. These companies have ranged in size from start-ups to companies with revenues of over $2-billion. Mr. Bloch also has substantial experience serving on the board of directors of both public and private companies. Mr. Bloch also serves as an adviser to Mars Discovery District, a large Canadian incubator for technology companies.
About ARway Corp. (ARway.ai)
ARway is a spatial computing platform powered by artificial intelligence (AI) providing an array of augmented reality (AR) experiences for indoor spaces. ARway's breakthrough no-code no-beacon IPN allows for the easy creation of navigation, tours, information sharing, notifications, advertising and gamification. ARway works seamlessly as a cross platform solution on iOS/Android. ARway's technology is optimized for both mobile devices and AR glasses: Apple's Vision Pro, Magic Leap and Microsoft's HoloLens. ARway has unlimited use cases for augmenting physical spaces, making it a valuable tool for creators, brands and companies in various industries. The complete ARway platform includes: the Web Creator Studio; the ARwayKit Software Development Kit (SDK); and a mobile app for iOs and Android.
Nextech 3D.ai
On Oct. 26, 2022, ARway was spun out from its parent company, Nextech3D.ai. Nextech retained a control ownership in ARway, with 13 million shares or a 50-per-cent stake. Nextech3D.ai is a generative AI-powered 3-D modelling company and leading provider of AR experience technologies and 3-D model services. Nextech's AI-powered 3-D modelling platform, ARitize3D, has contracts with AMZN, KSS, CB2, Genuine Parts and many others.
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