Get the Latest Investment Ideas Delivered Straight to Your Inbox. Subscribe

News Update

TICKERS: NTAR; NEXCF

Tech Firm to Provide AR Services to Air Purification Products Developer
News Update

Share on Stocktwits

Source:

Through their collaborative efforts, both companies aim to target the cannabis industry.

NexTech AR Solutions Corp. (NTAR:CSE; NEXCF:OTCQB) announced in a news release it contracted with Alpine Innovative Research to technologically enhance its product education methods. Alpine supplies air filtration products to the cannabis industry to protect plants from pathogens in grow and processing rooms.

Specifically, NexTech will enhance Alpine's website with augmented reality (AR), develop an AR University platform on it and create a mobile sales tool for the staff members. These new additions will allow for more dynamic product demonstrations and a better understanding of how they work.

NexTech will focus first on Air Sniper, Alpine's premium product. "We saw AR as an opportunity to assist in setting Air Sniper further apart from competitors," Alpine President Stuart Henley said in the release. "We believe the use of NexTech's AR will greatly assist in communicating to our customers how Air Sniper equipment integrates into their facility."

"NexTech and Alpine Innovative Research Inc. are engaged in exploring and leveraging the various benefits of augmented reality for its clean-air products especially for the Cannabis industry. Focusing on the Air Sniper Ultra NexTech will be creating and adapting its webAR and AR University platform to facilitate product demonstrations and create a mobile sales tool for Alpine Innovative Research Inc. staff to carry with them wherever they go," commented Evan Gappelberg CEO of NexTech AR Solutions.

[NLINSERT]

Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: NexTech AR. Click here for important disclosures about sponsor fees. As of the date of this article, an affiliate of Streetwise Reports has a consulting relationship with NexTech AR. Please click here for more information.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases. As of the date of this interview, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of NexTech AR, a company mentioned in this article.





Want to read more about Technology investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe