Mr. Evan Gappelberg reports

NEXTECH3D.AI SPIN-OUT REBRANDS AS FOTOGPT.AI TO USHER IN A NEW ERA OF AI-POWERED PHOTOGRAPHY

Nextech3D.AI Corp.'s spinout Toggle3D.ai Inc., of which Nextech3D.AI owns 13 million shares, or about 45 per cent, has officially rebranded as FOTOgpt.ai. The new name reflects the company's strategic focus on transforming photography through new AI (artificial intelligence) technology. FOTOgpt.ai is set to launch its AI-powered photography studio as an API (application programming interface) plug-in in December, 2024, followed by a stand-alone mobile application for iOS and Android in Q1 2025.

Maximize operational efficiency by automating image generation using AI

FOTOgpt.ai leverages advanced AI capabilities to transform the way individuals and businesses capture, edit and optimize their photos. Whether it is professional photographers looking for next-level automation or casual users seeking seamless enhancements, FOTOgpt.ai offers a revolutionary solution tailored for all.

"Toggle's rebrand marks an exciting milestone in our journey," said Evan Gappelberg, chief executive officer of Nextech3D.AI and director of FOTOgpt.ai. "We're redefining photography by harnessing the power of AI to create dynamic, intelligent and beautiful visual experiences. AI is not just the future of Toggle.ai -- it's the core of what FOTOgpt.ai stands for."

Mr. Gappelberg continued: "Our AI photography suite available within Nextech3D.AI and the Toggle platform enables merchants of Amazon, Etsy and eBay to render up to eight high-resolution images, from 1K to 4K, in just minutes with a simple click of a button. The platform also features a pay-as-you-go credit system that makes purchasing 3-D models, meshes or 3-D product photography easy and affordable. We are seeing an enthusiastic response from our existing customers and new customers as well."

Key advantages of platform include:

• Low cost -- eliminate the need for expensive photo shoots;
• High quality -- produce images from 1K to 4K resolution;
• Instant results -- create stunning images in minutes;
• Versatile angles of the product -- generate images in any orientation; no need for green screens;
• E-commerce ready -- perfect for showcasing products on-line;
• Effortless customization -- easily create diverse images with multiple backgrounds.

This new AI-powered lifestyle solution is an affordable and efficient alternative to costly photo shoots, allowing businesses to produce professional-grade photos that highlight unique features and present products in real-world contexts. This capability is essential for creating a memorable and persuasive on-line shopping experience, leading to higher conversion rates and customer satisfaction.

The December launch of FOTOgpt.ai's API plug-in will empower developers and businesses to integrate sophisticated AI photography features into their own platforms. The stand-alone app, expected in early 2025, promises an intuitive user experience with a wide array of creative and practical tools for photo editing and management.

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 photorealistic models for Amazon and various other on-line retailers. 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.

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