Latest news with #ARway
Globe and Mail
12-05-2025
- Business
- Globe and Mail
ARway.ai, The Augmented Reality Experience Platform, Signs Multiple New Navigation Deals With Global Accounts IOT Trackers in Saudi Arabia and Walkk Software Development
TORONTO, ON / ACCESSWIRE / May 17, 2024 / ("ARway" or the "Company") (CSE:ARWY)(OTCQB:ARWYF)(FSE:E65) is an AI powered Augmented Reality Experience platform with a disruptive no-code, no beacon spatial computing solution enabled by visual marker tracking with centimeter precision is pleased to announce two new deals with new partners; Ershad Technologies & IOTrackers - Upgraded from Developer to Partner Account after successfully building an AR Navigation prototype and winning contracts for Government projects. Joins ARway's growing list of recognized partners in the Gulf Region who are leveraging ARway for new business opportunities. Will be deploying in a library based in Riyadh, Saudi Arabia for their first project. Ershad Technologies is a technology agency based in Saudi and specializes in developing advanced technologies for delivering immersive augmented reality experiences on mobile platforms, provides comprehensive implementation services, aimed at improving visitor experiences and enhancing marketing solutions through the strategic use of augmented reality technology. Walkk - Signed up as an ARway Developer to develop and deploy a indoor navigation app for Comex 2024 Global Technology Show between May 27-30 in Oman - Will be demonstrating the joint capabilities of Walkk and ARway to win new projects in the Oman market Walkk is a 3D and AR focused technology startup based in Oman. The company has also issued 56,000 shares to Nikal Salwani to satisfy a $14,280 bonus due. Sign up for Investor News - HERE To learn more about ARway, please follow on Social Media: Twitter, YouTube, Instagram, LinkedIn, and Facebook, and visit our website: About (CSE:ARWY)(OTCQB:ARWYF)(FSE:E65) 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 On October 26, 2022, was spun-out from its parent Company, (OTCQX: NEXCF) (CSE: NTAR) (FSE: 1SS). Nextech retained a control ownership in with 13 million shares, or a 50% stake. is a Generative AI powered 3D modeling Company and leading provider of augmented reality ("AR") experience technologies and 3D model services. Nextech's AI-powered 3D modeling platform, "ARitize3D" has contracts with; AMZN, KSS, CB2, Genuine Parts & many others. To learn more about visit For further information, please contact: Investor Relations Contact Julia Viola Evan Gappelberg CEO and Director 866-ARITIZE (274-8493) Forward-looking Statements The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Certain information contained herein may constitute "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, "will be" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws. View the original press release on
Associated Press
19-03-2025
- Business
- Associated Press
Nextech3D.AI Announces Increase in Revenue Growth for ARway Following Map D Acquisition
TORONTO, ON / ACCESS Newswire / March 19, 2025 / (OTCQB:NEXCF)(CSE:NTAR)(FSE:1SS), a leading technology company specializing in AI-powered 3D modeling, augmented reality, and immersive experiences, today announced a robust +194% increase in unaudited revenue and a 5% increase in gross margin for its subsidiary, ARway (OTCQB:ARWYF)(CSE:ARWY), in the six months following the acquisition of Map Dynamics (Map D) in June 2024. This robust growth underscores the successful integration of Map D's technology and services into ARway's operations, further solidifying ARway's position in the 3D mapping spatial computing and AR navigation market. Arway's unaudited revenue for the period from September 1, 2024, to February 28, 2025, reached $370,000, with a gross margin of 95% from the previous audited fiscal year's revenue of $126,000 and a gross margin of 90%, which ended August 31, 2024. This substantial increase in revenue can be attributed to the synergistic benefits of the Map D acquisition, which expanded its product offerings, enhanced its technological capabilities, and broadened its market reach. Key Financial Highlights: In addition to the strong revenue growth, has also renewed its share purchase warrant program, issuing 9,986,221 share purchase warrants (the 'Warrants') to service providers as part of their employment and consulting agreements. Each Warrant grants the right to acquire one common share at an exercise price of CAD$0.055 for a one-year period. The Warrants will be exercised in equal monthly tranches, with recipients able to either receive shares or participate in a managed sale program for cash proceeds. This move demonstrates the company's commitment to rewarding and retaining its talented workforce, while also aligning their interests with the company's long-term success. and Arway remain committed to driving innovation and value creation through strategic acquisitions, operational enhancements, and a relentless focus on delivering solutions that meet the evolving needs of their customers. With the success of the Map D acquisition and the continued strong performance of ARway, is well-positioned for continued growth in the rapidly expanding AI, 3D modeling, and augmented reality sectors. For more information, visit For more information and full report go to For further information, please contact: Evan Gappelberg /CEO and Director 866-ARITIZE (274-8493) About or the 'Company,' (OTCQB:NEXCF)(CSE:NTAR)(FSE:1SS), is a versatile augmented reality and AI technology company that utilizes its proprietary artificial intelligence (AI) to craft immersive 3D experiences at scale for manufacturers with CAD files and for E-COMMERCE merchants. The Company's primary focus lies in creating high-quality 3D WebAR photorealistic models for Amazon and various other online retailers with patented 2D-3D technology. Forward-looking Statements The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Certain information contained herein may constitute 'forward-looking information' under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, 'will be' or variations of such words and phrases or statements that certain actions, events or results 'will' occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Nextech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws
Associated Press
19-03-2025
- Business
- Associated Press
ARway.ai Announces Substantial Increase in Revenue Growth Following Map D Acquisition
TORONTO, ON / ACCESS Newswire / March 19, 2025 / ARway (OTCQB:ARWYF)(CSE:ARWY) today announced a robust +194% increase in unaudited revenue and a 5% increase in gross margin in the six months following the acquisition of Map Dynamics (Map D) in June 2024. This robust growth underscores the successful integration of Map D's technology and services into ARway's operations, further solidifying ARway's position in the 3D mapping spatial computing and AR navigation market. Arway's unaudited revenue for the period from September 1, 2024, to February 28, 2025, reached $370,000, with a gross margin of 95% from the previous audited fiscal year's revenue of $126,000 and a gross margin of 90%, which ended August 31, 2024. This substantial increase in revenue can be attributed to the synergistic benefits of the Map D acquisition, which expanded its product offerings, enhanced its technological capabilities, and broadened its market reach. Key Financial Highlights: In addition to the strong revenue growth, has also renewed its share purchase warrant program, issuing 9,986,221 share purchase warrants (the 'Warrants') to service providers as part of their employment and consulting agreements. Each Warrant grants the right to acquire one common share at an exercise price of CAD$0.055 for a one-year period. The Warrants will be exercised in equal monthly tranches, with recipients able to either receive shares or participate in a managed sale program for cash proceeds. This move demonstrates the company's commitment to rewarding and retaining its talented workforce, while also aligning their interests with the company's long-term success. and Arway remain committed to driving innovation and value creation through strategic acquisitions, operational enhancements, and a relentless focus on delivering solutions that meet the evolving needs of their customers. With the success of the Map D acquisition and the continued strong performance of ARway, is well-positioned for continued growth in the rapidly expanding AI, 3D modeling, and augmented reality sectors. For more information, visit For more information and full report go to For further information, please contact: Evan Gappelberg /CEO and Director 866-ARITIZE (274-8493) About or the 'Company,' (OTCQX: NEXCF) (CSE: NTAR) (FSE: 1SS), is a versatile augmented reality and AI technology company that utilizes its proprietary artificial intelligence (AI) to craft immersive 3D experiences at scale for manufacturers with CAD files and for E-COMMERCE merchants. The Company's primary focus lies in creating high-quality 3D WebAR photorealistic models for Amazon and various other online retailers with patented 2D-3D technology. Forward-looking Statements The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Certain information contained herein may constitute 'forward-looking information' under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, 'will be' or variations of such words and phrases or statements that certain actions, events or results 'will' occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Nextech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws
Associated Press
04-03-2025
- Business
- Associated Press
ARway.ai's Map Dynamics Secures New Customer Win, with MidSouth Media Group
TORONTO, ON / ACCESS Newswire / March 4, 2025 / ('ARway' or the 'Company') (CSE:ARWY)(OTCQB:ARWYF)(FSE:E65), a leading innovator in augmented reality navigation (AR) and AI-powered event solutions, has Secured a New Customer win with MidSouth Media Group which was founded 26 years ago and is now managing seven events in 2025. Map Dynamics was established in 2010 and is the software behind over 800+ events annually. MapD, a wholly owned subsidiary of is proud to announce a new customer win with MidSouth Media Group, a pioneering force in Southern trade shows and community-driven events. MapD will enhance the MidSouth Market Show Events, creating seamless, interactive experiences for both vendors and attendees. For over two decades, MidSouth Media Group has been a beacon of innovation and tradition, connecting small businesses with thousands of shoppers across the South. Their annual Market Show Events draw between 7,000 and 15,000 attendees, showcasing an array of artisanal foods, bespoke home decor, and unique Southern gifts. This collaboration further strengthens MapD's position as a leader in AI-powered event solutions, empowering organizations to bridge the gap between physical and digital event experiences. For more information on MapD and how it is revolutionizing event navigation, visit MapDynamics About ARway ARway is a pioneering platform specializing in augmented reality (AR) and AI-driven solutions for event management, venue navigation, and attendee engagement. As a spinoff of ARway leverages cutting-edge technology to revolutionize the way events are managed and experienced, delivering seamless, interactive, and personalized solutions for attendees and organizers alike. About MapD MapD is an intuitive, self-serve event management platform offering a comprehensive suite of tools designed to streamline event planning and execution. With its easy-to-use interface, MapD enables clients to manage floor space sales, exhibitor services, speaker schedules, and attendee communications all in real time. By automating event logistics, simplifying the sales process, and providing opportunities for new revenue streams, MapD empowers event organizers to focus on delivering exceptional experiences. Additionally, MapD's future updates include a native mobile app that will incorporate AR wayfinding features for in-person events or serve as a virtual venue for remote events. For more information, please visit For media inquiries: Contact: Nextech On October 26, 2022, was spun-out from its parent Company, (OTCQX:NEXCF)(CSE:NTAR)(FSE:1SS). Nextech retained a control ownership in with 13 million shares, or a 50% stake. is a Generative AI powered 3D modeling Company and leading provider of augmented reality ('AR') experience technologies and 3D model services. Nextech's AI-powered 3D modeling platform, 'ARitize3D' has contracts with; AMZN, KSS, CB2, Genuine Parts & many others. To learn more about visit For further information, please contact: Investor Relations Contact [email protected] Evan Gappelberg CEO and Director 866-ARITIZE (274-8493) Forward-looking Statements The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Certain information contained herein may constitute 'forward-looking information' under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, 'will be' or variations of such words and phrases or statements that certain actions, events or results 'will' occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.
Yahoo
21-02-2025
- Business
- Yahoo
Arway Corporation Announces Closing of Share Issuance to CEO
TORONTO, ON / / February 21, 2025 / Arway Corporation (CSE:ARWY)(OTCQB:ARWYF)(FSE:E65) ("Arway" or the "Company") - a leader in spatial computing and augmented reality navigation, is pleased to announce the successful closing of the issuance of 3,786,363 common shares to its Chief Executive Officer, Evan Gappelberg, in consideration of outstanding indebtedness owing. The shares were issued at a deemed price of Cdn$0.055 per share and comprise part of Arway's continued strategy to align the interests of its leadership with those of the shareholders, driving long-term value and growth for the Company. The shares issued to Mr. Gappelberg are subject to a four-month holding period in accordance with applicable securities regulations, ending 21 June 2025. This closing marks an important step in the Company's ongoing efforts to incentivize and retain top leadership talent while reinforcing the shared commitment to driving the business forward. About ARway ARway is a pioneering platform specializing in augmented reality (AR) and AI-driven solutions for event management, venue navigation, and attendee engagement. As a spinoff of ARway leverages cutting-edge technology to revolutionize the way events are managed and experienced, delivering seamless, interactive, and personalized solutions for attendees and organizers alike. About is a leading AI technology company dedicated to delivering innovative solutions across various industries. With a focus on augmented reality, 3D modeling, and AI-powered tools, is committed to transforming how businesses operate and engage with their audiences. About MapD MapD is an intuitive, self-serve event management platform offering a comprehensive suite of tools designed to streamline event planning and execution. With its easy-to-use interface, MapD enables clients to manage floor space sales, exhibitor services, speaker schedules, and attendee communications all in real time. By automating event logistics, simplifying the sales process, and providing opportunities for new revenue streams, MapD empowers event organizers to focus on delivering exceptional experiences. Additionally, MapD's future updates include a native mobile app that will incorporate AR wayfinding features for in-person events or serve as a virtual venue for remote events. For more information, please visit To learn more about Map D, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit our website: Sign up for Investor News - HERETo learn more about ARway, please follow on Social Media: Twitter, YouTube, Instagram, LinkedIn, and Facebook, and visit our website: On October 26, 2022, was spun-out from its parent Company, (OTCQX: NEXCF) (CSE: NTAR) (FSE: 1SS). Nextech retained a control ownership in with 13 million shares, or a 50% stake. is a Generative AI powered 3D modeling Company and leading provider of augmented reality ("AR") experience technologies and 3D model services. Nextech's AI-powered 3D modeling platform, "ARitize3D" has contracts with; AMZN, KSS, CB2, Genuine Parts & many others. To learn more about visit For further information, please contact: Investor Relations GappelbergCEO and Director866-ARITIZE (274-8493) Forward-looking Statements The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Certain information contained herein may constitute "forward-looking information" under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, "will be" or variations of such words and phrases or statements that certain actions, events or results "will" occur. Forward-looking statements regarding the completion of the transaction are subject to known and unknown risks, uncertainties and other factors. There can be no assurance that such statements will prove to be accurate, as future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws. SOURCE: ARway Corporation View the original press release on ACCESS Newswire Sign in to access your portfolio
