Mr. Evan Gappelberg reports
NEXTECH3D.AI EXPANDS INTO SPECIALTY RETAIL ECOMMERCE WITH THE LARGEST INDEPENDENT CROSSBOW DEALER IN THE USA, WYVERN CREATIONS
Nextech3D.AI Corp. has expanded its 3-D business into the specialty retail e-commerce sector with the onboarding of its new customer, Wyvern Creations, in business for 18 years and now the largest independent crossbow dealer in the country intends to convert all its products into 3-D models. The company sees the 3-D industry it operates in accelerating. As a pioneer in 3-D and augmented reality (AR) technologies, the company is at the forefront of transforming the e-commerce landscape. As on-line shopping continues to evolve, Nextech3D.AI's AI (artificial intelligence) solutions are transforming how consumers interact with products, helping to drive a new era of immersive and interactive shopping experiences in e-commerce.
David Wilkins, owner of Wyvern Creations, comments: "The response from our customers has been overwhelmingly positive toward the 3-D AR supplied by Nextech3D.AI. With this 3-D AR Web-based shopping experience our on-line customers can view crossbows in their own home before purchasing, offering a significant enhancement over traditional Web pages and reducing the need for physical store visits."
Mr. Wilkins notes that the archery industry has been slow to adopt on-line purchasing. However, the integration of Nextech3D.AI's advanced 3-D imaging technology has greatly enhanced the on-line shopping experience for customers, providing Wyvern Creations with a competitive advantage.
Hareesh Achi, head of 3-D model production, comments: "We are proud to showcase the intricate details of crossbows using our advanced quad mesh technology, enabling Wyvern Creations to engage their customers on their website like never before. One of the key benefits of Nextech3D.AI's 3-D modelling solutions is the ease of integration of 3-D and AR assets on customer websites. David highlighted the seamless experience of integrating 3-D assets on Wyvern's website, which enabled a quick launch of the 3-D experience for their customers. Wyvern Creations offers a wide range of crossbows, and the use of 3-D imaging allows their customers to visualize and compare products realistically, including innovative applications like a video game tie-in."
Nextech3D.AI is continuously adding new industries and customers to its 3-D modelling portfolio, expanding its customer base and pushing the boundaries of what is possible in on-line retail.
About Nextech3D.AI Corp.
Nextech3D.AI is a versatile augmented reality and AI technology company that utilizes its proprietary artificial intelligence (AI) to craft immersive 3-D experiences at scale for e-commerce. The company's primary focus lies in creating high-quality 3-D WebAR (Web-based augmented reality) photorealistic models for Amazon and various other on-line retailers with patented 2-D/3-D technology. Nextech3D.AI has adopted a unique approach to creating shareholder value beyond its operating business of creating 3-D models.
The company also develops or acquires disruptive AI technologies, which are subsequently spun out to shareholders as stand-alone public companies. This spinout strategy allows Nextech3D.AI to issue stock dividends to its shareholders while maintaining significant ownership in the public spinout, without dilution to the parent company Nextech3D.AI.
Notably, Nextech3D.AI successfully spun out ARway, its spatial computing platform, as a stand-alone public company on Oct. 26, 2022. The company retains a 49-per-cent stake with 13 million shares in ARway Corp. while distributing four million shares to Nextech shareholders.
Similarly, Nextech3D.AI accomplished its second spinout launching Toggle3D.AI, an AI-powered 3-D design studio aimed at competing with Adobe. The company retains a 44-per-cent stake with 13 million shares in Toggle3D.AI Corp.
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