NexTech AR inks one-year deal with European real estate forum provider

NexTech AR inks one-year deal with European real estate forum provider

Proactive Investors

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NexTech AR Solutions Corp (CSE:NTAR) (OTCQB:NEXCF) has signed a $135,000 one-year contract to provide its InfernoAR virtual events and video conferencing platform to events provider Real Asset Media.  Real Asset Media creates forums to connect local market investment expertise with sources of investment capital in the UK, Germany, France, the Netherlands, Scandinavia, as well as in the US, North America, Asia and the Middle East. The firm plans to launch REALX.global, a virtual conference and exhibition for the commercial real estate markets, in September 2020. READ: NexTech AR closes $3.2 million private placement to help fund 2020 growth plans “The InfernoAR platform enables us to connect a truly global community and take virtual real estate events to the next level with an unrivalled immersive experience,” Real Asset Media co-founders Richard Betts and Thorsten Herbert said in a statement. “NextechAR enables our exhibitors, speakers and attendees at REALX.global to go beyond what is possible in a physical fair and instantly network and connect with new business partners and opportunities across the world.” During the coronavirus pandemic, NexTech’s InfernoAR platform has taken off, the company said. “We are delighted to work with Real Asset Media to help them create a one-of-a-kind immersive experience by using InfernoAR, the world's most advanced Augmented Reality and video learning experience platform for events,” NexTech CEO Evan Gappelberg said. “We see surging demand for our services across a wide spectrum of use cases including governments, universities, sports teams, corporations, religious institutions, and more as a paradigm shift to ‘video being the new voice’ and a virtual world takes hold, creating a new and urgent demand for our services globally.” Herbert believes InfernoAR can help transform business connections in the real estate sector. “At REALX, we are creating a place where industry leaders can meet in a safe and secure environment, share knowledge and excellence and create business,” Herbert added. “REALX will be much more than a virtual event. It is a completely new form of social network, constantly creating business opportunities and connections for the real estate community. We are excited to use InfernoAR as a technology platform and work closely with the team to make our vision a reality.” NexTech, based in Toronto, is pursuing the use of its augmented reality technology across four key verticals: e-commerce, education, entertainment and advertising. Contact Andrew Kessel at andrew.kessel@proactiveinvestors.com Follow him on Twitter @andrew_kessel

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