InvestmentPitch Media Video Discusses Recent CSE-Listed ARway Corporation and Its Disruptive Augmented Reality Wayfinding Market Technology | Techy Kings

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VANCOUVER, British Columbia, Oct. 31, 2022 (GLOBE NEWSWIRE) — ARway Corporation (CSE:ARWY) is one of the latest IPOs on the Canadian Stock Exchange, following the spin-off from Nextech AR Solutions. Management believes that ARway is the first publicly traded, pure spatial computing company. ARway is disrupting the Augmented Reality Wayfinding market with its no-code, no hardware, no BLE beacon, spatial computing platform.

A media excerpt accompanying this announcement is available by clicking on the image or link below:

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https://ml.globenewswire.com/1.0/snippet/1784/eng#lg=1&slide=0

ARway Corporation, a pure spatial computing company, is one of the latest new listings on the Canadian Stock Exchange, following its spin-off from Nextech AR Solutions.: ARway Corporation, a pure gaming spatial computing company, is one of the latest new listings on the Canadian Stock Exchange, after the spin-off from Nextech AR Solutions.

For more information, see the InvestmentPitch Media video that provides additional information about this news and the company. The video is available for viewing on “InvestmentPitch” and again “Youtube“. If these links are not enabled, visit www.InvestmentPitch.com and type “ARway” in the search box.

Visitors can access a location map by simply scanning a visual marker, such as a QR code, with their smartphone and navigate to any point of interest by following an extended route and turn-by-turn directions, while interacting with rich AR Content and Experiences .

As a user, you can construct your own real metaverse with interactive spatial content. Some examples include arenas and concert venues, events and trade shows, retail, museums and galleries, hospitality, real estate, universities and hospitals. The applications are almost unlimited.

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The global indoor positioning and navigation market is expected to reach $44 billion by 2025, representing a 7-year compound annual growth rate of 42%, according to Allied Market Research.

While ARway focuses monetization on AR wayfinding, it finds applications of its robust AR engine in additional markets that open up entirely new revenue opportunities. The technology is now used as part of the XR engine powering the ‘Encore’ music app opening up significant new markets providing AR spatial activations for the music industry.

As an immature industry, AR technology, including AR software, is still waiting to be explored. According to Verified Market Research, the size of the AR software market alone was valued at USD 8.59 billion in 2020 and is projected to reach USD 137.14 billion by 2028, growing at a staggering CAGR of 57.21% from 2021 to 2028.

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Nextech AR has retained an ownership interest of 13 million shares in ARway and is distributing an additional 4 million shares, pro-rata, as a stock dividend to Nextech shareholders.

The stock trades at $0.66. For more information, visit the company’s website www.arway.aior contact Investor Relations at investor.relations@arway.ai.

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The information in this InvestmentPitch Media Ltd video is for viewers’ information only. ARway has paid a fee not to exceed $2,000 in cash to have its current press release produced in video format. The company information is based on publicly available information. All information provided by InvestmentPitch Media Ltd. through its media services shall not be construed as a recommendation or suggestion or offer to buy or sell securities but is provided as an informational media service only. InvestmentPitch Media Ltd makes no guarantees or undertakings as to the accuracy or completeness of this information. All due diligence should be done by the viewer or their financial advisor. Investing in securities is speculative and involves risks.

About InvestmentPitch Media

InvestmentPitch Media harnesses the power of video, which along with its wide distribution, positions a company’s story in front of 1,000s of companies seeking awareness and funding from the financial world. The company specializes in producing short videos based on key news releases, research reports and other content of interest to investors.

CONTACT:
InvestmentPitch Media
Barry Morgan, CFO
bmorgan@investmentpitch.com

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