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"Nextech3D.ai is Leveraging its Relationship with Amazon to Bring Select Customers onto Seller Central." per a NEXCF news release dated 12-11-2023.
I assume, if Amazon no longer is required to repay Luxembourg $273 million in taxes, (per Amazon's news release dated 12/15/2023) Amazon will be able to use the $273 million on other Amazon improvements. Since Amazon is supposed to be NEXCF's largest customer, Amazon should have additional money to buy Nextech3D.ai's product or service.
Whatever Amazon uses, of the $273 million to buy NEXCF's product or service, should benefit NEXCF's shareholders. Am I wrong?
In the long run, this should help Nextech3D.AI's bottom line:
I'm thankful for the news and video stream that NEXCF's CEO, Evan Gappelberg releases on a weekly basis. For some public companies, the shareholders are the last ones to know what is going on.
NEXTECH3D.AI INVESTOR UPDATE, December 13, 2023
To our valued investors,
Thank you for your continued support and congratulations to those who participated in our recent offering.
The Company was able to raise aggregate gross proceeds of $1,098,926, which will provide runway for operating and expansion expenses as we prepare for 2024.
Since the closing of the third tranche on November 29, the stock price experienced a 100% increase, hitting $0.24 (CSE:NTAR).
Since then, the Company has continued to release positive news and business developments, including:
Nextech3D.ai Granted Pivotal AI Patent for Generating 3D Models from Computer Aided Design (CAD) Data
Nextech3D.ai Launches AI AD Network For Its Event Tech Platform Map D
Nextech3D.ai Obtains New AI Tool Through Technology Transfer From Its Largest Customer
Stay tuned for more news and CEO interviews as we close out the year.
Thank you and we hope you have a wonderful holiday season,
Nextech3D.ai
I also like the following, which is also found in today's news story:
"There is growing demand for 3D product models for real-life, with increasing adoption of virtual reality with the META Quest and augmented reality with Apple’s eagerly anticipated Vision Pro, which uses 3D models to display objects to users."
Max2121, I agree, it is very important news that Nextech3D.AI has their first approved patent for 3D model generation from Computer Aided Design (CAD) data.
"Up until now, generating a 3D model was a time-consuming process and required human intervention. However, with Nextech3D.ai’s patented technology, if a user has a CAD model of the product, they can easily create a 3D model of the product and texture it in just a few minutes, which increases productivity and reduces costs thus giving Nextech3D.ai a competitive advantage." per the news release.
NEXCF's success has only just begun. Good luck to all NEXCF shareholders. Go NEXCF!
Nextech3D.ai Signs 3D Model Expansion Contract With Vornado Air LLC Bringing Its 3D Models Onto Amazon's Seller Central
Nextech3D.ai is Leveraging its Relationship with Amazon to Bring Select Customers Onto Seller Central
TORONTO, O.N, Canada -- December 11, 2023 -- InvestorsHub NewsWire -- Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers has signed an expansion 3D modeling contract with Vornado Air LLC, a leading American company that specializes in manufacturing and marketing air circulators, air purifiers, heaters, and humidifiers. Nextech3D.ai was given select access to Amazon's seller central to bring certain customers' 3D product models onto the Amazon e-commerce marketplace. The Company is pleased to leverage its 3D modeling expertise in support of both Amazon and its valued customers and sees significant growth potential with both.
Vornado Air LLC is a repeat 3D model customer, who has signed and completed 5 expansion contracts for additional 3D models with the Company. Nextech3D.ai has created over 100 models for Vornado Air thus far, all of which are live on Amazon and on the Vornado website. Vornado Air has also requested the creation of additional 3D models which are exclusive products for Costco and Best Buy.
This deal builds upon yesterday's significant announcement that Nextech3D.ai signed an enterprise 3D modeling contract with Kabbani Funiture, considered the number one furniture seller and manufacturer in Egypt.
As previously stated, Nextech3D.ai is a 3D model supplier for Amazon, as the e-commerce giant is in full swing in the transition from static 2D product images to 3D models.
In an article titled "5 Technology Predictions for 2023 and Beyond", Peter Vogels (Chief Technology Officer and Vice President of Amazon) made a bold statement about 3D models and the future of e-commerce. "Static 2D product images on the internet will become a thing of the past, replaced by 3D models that you can pick up, rotate, and place in your living room as seamlessly as you can see them in a web browser today."
Nextech3D.ai is making it possible to create photo-realistic 3D models as digital replicas of real-world products at scale for large enterprise customers and e-commerce giants like Amazon in the global $5.5 trillion dollar e-commerce market
NEXTECH3D.AI LAUNCHES AI AD NETWORK FOR ITS EVENT TECH PLATFORM MAP D
CEO to Demo Ad Network in Livestream TODAY at 2pm ET
TORONTO, O.N, Canada – December 7, 2023 - Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers announces the launch of its “Boost Program” or AI digital ads, in its mobile app for trade show and event organizers. The Map D platform already supports approximately 500+ events annually, with over 50,000 exhibitors and over 1 million+ attendees. With the new in-app AI ad network being marketed to existing customers, the Company now has the potential to generate $10-$20mill in additional annual revenue with 80% margins up from the $1mill the platform currently generates. The Company is already in the market and having early success, with multiple shows already signed up for the AI ad network. The Company expects to see substantial growth and additional revenue starting in Q1, 2024.
Evan Gappelberg, Nextech3D.ai CEO commented, “This AI ad network has the potential to disrupt the $50billion events industry by offering a first of its kind marketing platform built for exhibitors, driving more booth traffic and sales at the actual event itself.” He continued, “We have been seeing great enthusiasm and early success, and we are building this with a Facebook (Meta), LinkedIn ad network business model which has tremendous upside potential, especially when you offer within the same app our augmented reality wayfinding from our partnership with ARway”.
Major Benefits
Increased Traffic: Drive more visitors to booths
+45% increase booth traffic from attendees using the Map D app
3x more inquiries and demo requests from in-app engagement
Enhanced Visibility: Making Brands Unmissable
70% of Map D app users recall featured exhibitor brands
2.5x higher brand recognition compared to non-featured exhibitors
Targeted Exposure: Reaching Ideal Customers Seamlessly
80% match rate between in-app users’ interests and targeted exhibitor promotions
+55% increase on engagement rate on tailored in-app placements and notifications
Key Features of the Map D Boost Program:
Self-Serve Portal (Coming Soon): A user-friendly portal is in development, empowering exhibitors to purchase Boost banners independently. Expected completion by mid-January.
Cost-Effective: Starting at $250 per banner/day at a show, participants gain entry to the program, securing a Boost banner within the mobile app to boost visibility and increase booth traffic.
Future Developments: Ongoing efforts are dedicated to introducing additional features that will allow exhibitors to further invest in higher-tier ads from $250-$2500.
Nextech3D.ai envisions the Map D Boost Program as a game-changer, fostering a dynamic environment where exhibitors can maximize their presence and show managers can effortlessly enhance the overall event experience. With an eye on the future, Nextech3D.ai is committed to evolving the program continuously, ensuring its relevance and effectiveness in the ever-changing landscape of event technology.
LIVESTREAM DETAILS
Join CEO Evan Gappelberg today on Proactive Investors for a special livestream event. He will discuss the Map D Platform and the launch of the new Boost Program.
Date: Today, Thursday December 7
Time: 11:00 am PT / 2:00 pm ET
Nextech3D.ai Obtains New AI Tool Through Technology Transfer from Its Largest Customer
AI Tool Will Increase Productivity and Profitability of 3D Models
TORONTO, O.N, Canada -- December 6, 2023 -- InvestorsHub NewsWire -- Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers is pleased to announce it has received a new AI-tool from its largest customer Amazon, and is integrating the tool into its 3D model production pipeline. The AI tool will be used for speeding up the Quality Assessment (QA) for 3D models. By streamlining and automating the quality checks performed by the Company's team of quality assessors, it will ultimately reduce the time it takes, thereby boosting revenue and profits through enhanced productivity and efficiency.
Major Benefits of the QA Tool
Cuts Quality Assessment time by 50%
Improves overall productivity by 35%
Reduces costs by 25%
Nextech3D.ai CEO Evan Gappelberg commented, "We are gratified and thrilled that Amazon has given us access to this AI Quality Assessment Tool. I see this tool as a game-changer for our 3D model production for Amazon. This AI powered technology will increase our productivity, allowing us to scale 3D model production, thus increasing the amount of revenue and profit we can generate. I believe this technology transfer was the last piece of the puzzle needed before they open seller central."
Historically, the Company had quality assessors meticulously scrutinize 3D models manually, examining every detail, color, and texture to ensure consistency and precision, which was very time consuming. Now with the introduction of this AI-Quality Assessment Tool, this process is expedited through AI automation; significantly reducing the time required for a thorough quality check.
Key Features:
Automated Quality Checks: The AI tool empowers the Company's quality assessors to leverage advanced automation for quicker and more efficient quality assessments. This automated process accelerates the turnaround time for creating high-quality 3D models.
Enhanced Productivity: By cutting the manual quality assurance process in half, the AI tool directly correlates to a 50% increase in productivity. This allows the Nextech3D.ai team to focus on delivering exceptional 3D models while minimizing the time spent on QA tasks.
Cost Reduction: The streamlined quality assessment process not only saves time, but also reduces costs for Nextech3D.ai. The Company estimates a cost reduction of approximately 25%.
AI-Powered Precision: Leveraging the power of artificial intelligence, the tool ensures high-quality, detailed 3D models by automating checks for textures, color patterns, and inconsistencies. This guarantees that Amazon receives top-notch 3D models that meet its high industry standard.
With the recent pivot of its operations to Hyderabad India and this new AI Quality Assessment Tool, the Company is positioning itself for enhanced profitability, reduced costs, and increased productivity for years to come in a rapidly evolving 3D modeling market for the $5.5 trillion dollar ecommerce industry.
NexTech3D AI Corp has filed their Interim Financials Report and Management Discussion.
https://www.otcmarkets.com/stock/NEXCF/disclosure
Zacks Small-Cap Research dated November 30, 2023, by Lisa Thompson:
OUTLOOK - SUMMARY DATA
Nextech AR Solutions is a diversified augmented reality, AI technology
company that leverages proprietary artificial intelligence (AI) to
create 3D experiences for the metaverse. Its main businesses are
creating 3D WebAR photorealistic models for the Prime Ecommerce
Marketplace as well as many other online retailers. The company
develops or acquires what it believes is a disruptive technology and
once commercialized, spins them out as stand-alone public companies
issuing a stock dividend to shareholders while retaining a significant
ownership stake in the public spin-out. In October, Nextech
completed its first spin-out--an augmented reality wayfinding solution
company called ARway (CSE: ARWY.CN, OTC: ARWYF.) The company
owns 13 million shares in ARway and distributed four million shares to
Nextech AR shareholders. The company's second spinout-- Toggle3D.ai
(CSE: TGGL.CN, PINK: TGGLF) began trading in June. It is an AI-powered
3D design studio to compete with Adobe. As one of the first movers in\
a multibillion-dollar market growing at almost 300% per year, Nextech
should be able to grow rapidly as this nascent market explodes
KEY POINTS
Ø Nextech3D.ai (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2) is a diversified augmented reality, AI technology company that leverages proprietary artificial intelligence (AI) to create 3D experiences for the metaverse. Its main businesses are creating 3D WebAR photorealistic models for the Prime Ecommerce Marketplace as well as many other online retailers. The company develops or acquires Zacks Investment Research Page 4 scr.zacks.com what it believes is a disruptive technology and once commercialized, spins them out as stand-alone public companies issuing a stock dividend to shareholders while retaining a significant ownership stake in the public spin-out. On October 26, 2022, Nextech completed its first spin-out of an aug mented reality wayfinding solution company called ARway, (OTC: ARWYF/CSE: ARWY). The com pany owns 13 million shares in ARway and distributed four million shares to Nextech AR sharehold ers. The company's second spinout was Toggle3D, an AI-powered 3D design studio to compete with Adobe.
ØNextech3D.ai is a startup based in Toronto that was formed to provide services for and invest in, businesses using Augmented Reality (AR), holograms, and other technologies in the Metaverse. These technologies are used to improve sales and profits for eCommerce sites, and other verticals such as entertainment and education. The technology converts two-dimensional images of real ob jects and people into three dimensions. Using AR is a proven way to boost sales and reduce returns in eCommerce, and provides an engaging, economical way to provide information in the education and training space.
Ø Augmented Reality (AR) and 3D Models are just beginning to make their way into mainstream use and the market is exploding. Nextech AR is the only public pure-play we know of that is providing services to allow companies to use AR and 3D in marketing and advertising their goods. At a small price to vendors per month per SKU, the adoption of just a tiny percent of the trillions of products sold worldwide will create a massive revenue stream for Nextech AR.
Ø The company currently has two sources of revenue:
o Its main revenue generator going forward is its SaaS offerings for businesses that provide AR, 3D models, holograms, and metaverses created by Nextech AR, or by the customer themselves, for use on their shopping websites and mobile apps, or in ad campaigns. ECommerce customers are charged a monthly fee based on the number of SKUs or per model.
o The company also owns an events business that provides both virtual and in-person events and incorporates all its AR and Metaverse technologies.
Ø With a nascent market projected to increase by 289% per year over the next five years, Nextech3D.ai is a unique public pure play that could deserve a higher valuation. It currently trades at an enterprise value of US$9.1 million or 2.4xs projected 2023 sales
NEXTECH3D.AI REPORTS 2023 THIRD QUARTER EARNINGS
YTD Revenue up 97% Compared to Same Period Last Year
TORONTO, O.N, Canada – November 29, 2023 - Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers is pleased to report its financial and operating results for its third quarter ended September 30, 2023.
Please join Evan Gappelberg, Chief Executive Officer and Andrew Chan, Chief Financial Officer after the close today November 29, 2023 at 5:00 P.M. ET where Nextech3D.ai will host a conference call to discuss these financial results.
Evan Gappelberg - CEO Commentary
“We continue to build towards our future with solid year over year growth of +97% across our business. While I'm personally disappointed that we didn’t see Amazon open seller central in Q3 and consequently our revenue spike, I’m also confident that it is in motion and likely to happen in Q1, 2024.” He continued, “In the fast-evolving world of technology, adaptability is key to sustained success. Our investment in our AI library of 3D meshes or parts is setting us up for success in 2024. We are on the cusp of a significant breakthrough that promises to have a materially positive impact on our business in 2024 and beyond. As AI and 3D models continue to shape the future for e-commerce, we have positioned ourselves at the forefront of this transformative wave. We are ready to see results and capitalize on our AI capabilities in a pivotal way starting in Q1 2024.”
Highlights - 9 Months Ending Ending September 30, 2023:
• Year to date revenue up 97% compared to same period last year;
• Q3 revenue up 30% compared to same period last year;
• Gross profit year to date up 18% compared to same period last year
• Delivery of 60,000+ 3D models to date
Condensed Consolidated Interim Statements of Financial Position
Condensed Consolidated Interim Statements of Comprehensive Loss
Condensed Consolidated Interim Statements of Cash Flows
NEXTECH3D.AI INVESTOR LIVESTREAM DISCUSSING NEW AI TECHNOLOGY TOMORROW NOVEMBER 30
TORONTO, O.N, Canada – November 29, 2023 - Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers announces that CEO Evan Gappelberg and Head of Product Operations Hareesh Achi will join Proactive LIVE tomorrow for a special investor livestream event. They will discuss latest business developments as well as the Company’s proprietary artificial intelligence (AI) technology that creates 3D experiences at scale for e-commerce.
The Company invites individual and institutional investors, as well as advisors and analysts to attend the live, interactive online event.
Livestream Details
• Date: Thursday, November 30, 2023
• Time: 11:00 a.m PT / 2:00 p.m ET
• Link to Join: www. youtube.com /watch?v=PJvrKeHRhoE (Please take the spaces out)
3D Models at Scale for E-Commerce
Nextech3D.ai is at the forefront of the growing 3D modeling industry having created over 60,000+ 3D models to date. With its cutting edge generative-AI technology, the Company is able to create photo-realistic 4K 3D product models that cater to the specific needs of major e-commerce enterprise companies.
As previously announced, the Company is now exclusively focused on high-scale production for its 3D modeling business with Amazon and other enterprise accounts. The Company has transitioned away from small e-commerce clients that require a limited number of 3D models and is instead prioritizing large enterprise clients who demand thousands of models and high-scale production.
NEXTECH3D.AI INVESTOR LIVESTREAM DISCUSSING NEW AI TECHNOLOGY TOMORROW NOVEMBER 30
TORONTO, O.N, Canada – November 29, 2023 - Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers announces that CEO Evan Gappelberg and Head of Product Operations Hareesh Achi will join Proactive LIVE tomorrow for a special investor livestream event. They will discuss latest business developments as well as the Company’s proprietary artificial intelligence (AI) technology that creates 3D experiences at scale for e-commerce.
The Company invites individual and institutional investors, as well as advisors and analysts to attend the live, interactive online event.
Livestream Details
• Date: Thursday, November 30, 2023
• Time: 11:00 a.m PT / 2:00 p.m ET
• Link to Join:
NEXTECH3D.AI PROVIDES EARNINGS CALL DETAILS FOR Q3 2023 FINANCIAL RESULTS NOVEMBER 29
TORONTO, O.N, Canada – November 28 , 2023 - Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers announces the Company plans to release its third quarter 2023 unaudited financial results after markets close Wednesday, November 29, 2023.
Subsequently, Nextech will host a conference call to discuss the third quarter 2023 results Wednesday, November 29, 2023 at 5:00 PM Eastern Time. Please join Evan Gappelberg, Chief Executive Officer, and Andrew Chan, Chief Financial Officer, to discuss these financial and operating results followed by a question and answer period.
Conference Call Details:
Title: Nextech3D.ai 2023 Third Quarter Earnings and Conference Call
Call Date: Wednesday, November 29, 2023.
Time: 5:00 PM Eastern Time (US and Canada)
Participant Details
Participant Toll-Free Dial-In Number: 1 (888) 330-2024
Participant Toll Dial-In Number: 1 (646) 960-0187
Conference ID: 7778367
Webcast Attendee URL: https://events.q4inc.com/attendee/498235428
For those unable to join the live event, a recording of the presentation will be posted on the Company's Investor Relations website.
NEXTECH3D.AI INVESTOR UPDATE - 11/24/2023 (NEXCF's email issued today, the email has more info than what's here)
Stay informed on all things Nextech with our weekly investor newsletter!
HAPPY THANKSGIVING
To our U.S investors, we hope you had a wonderful Thanksgiving!
Nextech3D.ai is a preferred 3D model supplier for Amazon, and has been given select access to Amazon’s seller central to feature 3D product models on the Amazon e-commerce platform. At Nextech, we take pride in applying our expertise in 3D modeling to assist both Amazon and its customers. This has been recently showcased through our partnership with Vornado Air LLC.
Below are the benefits of 3D/AR models as measured by AMAZON:
AUGMENTED REALITY FOR BUSINESSES
"Augmented reality (AR) has emerged as a transformative tool in the rapidly evolving technology landscape. AR in business isn't merely a buzzword; it's a dynamic and innovative approach with boundless potential. In this article, we will look into the different dimensions of augmented reality for business, explore its applications, and understand how it can revolutionize various industries..."
MAP D'S ACCOMPLISHMENTS
Key highlights of Map D's accomplishments thus far:
- Over 800,000 booths and maps drawn and processed
- Thousands of booths and maps managed monthly
- Facilitated over $250 million in booth sales
Mobile Event Apps: Benefits, Features and Future Trends
Mobile event apps have become a game-changing tool in today's dynamic event landscape, revolutionizing how attendees and event organizers experience various events such as conferences, trade shows, meetings, etc. These apps serve as comprehensive event hubs, offering various features and information accessible to event participants. This article dives deep into the world of mobile event apps, uncovering their benefits, features, selection criteria and future trends.
MAP D CLIENT FEEDBACK
Check out what our clients are saying!
Hello loyal and valued shareholders,
The Nextech3D.ai private placement has had a very enthusiastic response from our shareholders, and I personally want to thank you for your continued support!
Due to the Thanksgiving holiday this week, we plan on closing on 11/28.
To ensure your participation, we kindly request all necessary paperwork and funds to be submitted by Monday, November 27th.
If you are interested in participating, please reach out to investor.relations@nextechar.com with your country of residence and the number of units you are interested in purchasing.
We will assist you with the process and help facilitate the required paperwork.
Thank you again for continuing to invest in our company!
Sincerely,
Evan Gappelberg
CEO / Founder
NEXTECH3D.AI INVESTOR UPDATE - 11/17/2023
Stay informed on all things Nextech with our weekly investor newsletter!
Nextech3D.ai has been given select access to Amazon’s seller central to bring specific customers’ 3D product models onto the Amazon e-commerce marketplace. At Nextech, we are pleased to leverage our 3D modeling expertise in support of both Amazon and its valued customers.
November is brimming with innovation, and we're beyond excited to share the leaps and bounds we've achieved in enhancing the trade show experience. From AR wonders to game-changing product features, Map D enriches events, one augmentation at a time!
Updates on Map D's Product Features
• Indoor Navigation Capabilities with ARway.ai: Enhance event navigation like never before.
• Augmented Reality Powered Event Mobile App: Unlock a treasure trove of AR experiences exclusive to your event mobile app, creating
unparalleled attendee engagement.
• White Glove Deployment & Sponsorship Sales Services: Making event management seamless for organizers.
• Revamped Interactive Floor Plan: Now more intuitive, connecting vendors and attendees effortlessly.
• Booth Sales Update: Real-time booth availability and direct payment functionalities are smoother for a seamless sales experience.
NEXTECH3D.AI EXPERIENCES RECORD SALES FOR ITS EVENT TECH MANAGEMENT PLATFORM, "MAP D"
TORONTO, O.N, Canada – November 16, 2023 - Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers announces record sales on the back of a number of new deals and renewal contracts with notable companies and associations across North America for its Event Tech Solutions Platform, Map D.
Some November Deal Highlights
Florida Association of Mortgage Professionals (FAMP)
Deal for the 2024 FAMP State Convention & Tradeshow. The Florida Association of Mortgage Professionals' mission is to promote and advance the common business interests of Florida's licensed loan originators and mortgage professionals through education, advocacy, networking, technology and ethical practice.
Multi Family Northwest
Renewal deal for the Maintenance Fair 2024. Multi Family NW is committed to promoting a high degree of professionalism for rental housing providers, owners and partners.
Georgia Association of Chiefs of Police (GACP)
Renewal deal for the GACP 2024 Summer Training Conference. Incorporated in 1962, the GACP has grown in membership, influence and professionalism to become one of the most respected law enforcement associations in the state. It is the largest professional association for law enforcement administrators in Georgia, and one of the largest in the country.
Apartment Association of New Mexico (AANM)
New deal with AANM for an upcoming event. The Apartment Association of New Mexico (AANM) is a private non-profit trade organization dedicated to providing a common foundation for rental housing industry professionals and the various businesses that service the industry.
Sea Otter Europe
Renewal deal for Sea Otter Europe 2024 . The origin and inspiration for Sea Otter Europe lies in the Sea Otter Classic, one of the biggest cycling festivals of the world, which has been held every year since 1991 in Laguna Seca (California) and has never stopped growing and evolving.
American Institute of Architects (AIA)
Renewal Deal for the Wisconsin 2024 Symposium on Architecture & Expo. The American Institute of Architects (AIA) offers education, government advocacy, community redevelopment, and public outreach programs, and collaborates with other stakeholders in the design and construction industries.
Society for Clinical Research Sites (SCRS)
New deal for the 2024 SCRS IncluDE Site Solutions Summit & the 2024 SCRS Global Oncology SIte Solutions Summit. The Society for Clinical Research Sites (SCRS) is the leading advocacy organization dedicated to unifying the voice of the global clinical research site community. Representing more than 10,000 sites in 47 countries, SCRS facilitates industry collaborations and conversations dedicated to site-focused advocacy, education, mentorship and connection.
New Jersey Apartment Association
Renewal deal for the 2024 NJAA Conference & Expo. The NJAA is an affiliate of the National Apartment Association, a leading voice in the U.S. and around the globe for the apartment housing industry. As a trusted partner, a valued connector and a powerful advocate, NAA is committed to serving its 153 affiliates and 82,000 members.
Lucky Leaf Expo
Renewal deal for the 2024 Psycon Psychedelic Convention. Lucky Leaf Expo is committed to delivering life-changing experiences with cannabis events that feature opportunities for education, networking, and business growth.
Florida Health Information Management Association (FHIMA)
Renewal deal for the 2024 Annual Convention. The Florida Health Information Management Association (FHIMA) is a component association of the American Health Information Management Association (AHIMA). AHIMA is a global nonprofit association of health information (HI) professionals with more than 71,000 members and more than 100,000 credentials in the field.
Florida Assisted Living Association (FALA)
Renewal deal for FALA 2024. The Florida Assisted Living Association (FALA) promotes the improvement of all assisted living facilities in the state of Florida.
These deals follow a number of deals the Company announced in a recent press release, where is was noted that in the first 9 months of 2023 Map D Revenue has surpassed 2022 full year revenue.
AR Powered Mobile App
The Company also recently launched its new AR-powered mobile app for tradeshow organizers. The app combines the current Map D event management solutions technology with ARway, the AI-powered Augmented Reality Navigation platform with a disruptive no-code, no-beacon spatial computing solution, creating an industry-first augmented reality / artificial intelligence combined solution for event management providers and bringing Augmented Reality to live, in-person conferences and trade shows.
This technology unlocks a new revenue channel for event organizers through AR experiences available exclusively via the event mobile app. Event organizers can enjoy white glove deployment and sponsorship sales services, as well as a first-of-its-kind AR navigation experience at trade shows.
About Map D
Map D is an Event Solutions Platform and one of 4 key business units under the Nextech3D.ai umbrella. Map D includes the following components:
Interactive Floor Plan: The Map D interactive floor plan is a powerful tool for tradeshows, festivals, and conferences. With information-rich profiles, it's easy to build out a marketplace of participating vendors and connect them to attendees, sessions, speakers, and more. The floor plan is easy to navigate, search, and bookmark, making it an essential tool for any event with a vendor marketplace
Booth Sales: Conference organizers can sell booth space to exhibitors with customizable gateway and checkout scenarios. The product allows clients to view the real-time availability of booths and their sales status. It allows exhibitors to reserve a booth or pay for it using a credit card directly from the floorplan.
Mobile App: The app combines the current MapD event management solutions technology with ARway, the AI-powered Augmented Reality Navigation platform with a disruptive no-code, no-beacon spatial computing solution, creating an industry-first augmented reality / artificial intelligence combined solution for event management providers and bringing Augmented Reality to live, in-person conferences and trade shows.
I agree with you, tigerpac. The only asset that will probably stay with LIGA is the Fiberboard line. The LIGA shareholders don't even know for sure what shell everything else will go into. Will it be SMEV or a new shell that LIGA investors don't know about?
NEXTECH3D.AI OFFERS $3.6 MILLION OPPORTUNITY
Dear Valued (NEXCF) Investor,
I hope this letter finds you in good health and high spirits. It is with great pleasure that I reach out to you today to present a unique, time-sensitive investment opportunity in Nextech3D.ai, the company you have already trusted and believed in.
In our relentless pursuit of excellence and commitment to creating shareholder value, we are excited to offer our loyal investors an exclusive opportunity to acquire additional shares of Nextech3D.ai at an exceptionally discounted price. We believe that seizing this opportunity could be a game-changer for your investment portfolio.
We have announced a $3.6million Private placement to allow our shareholder to invest at the 52 week low and to position our company ahead of Amazon opening seller central. We do see this as our biggest opportunity and have invested $25million to get here - but now we are here, and the time has come for us to make this last push-together!
Offering is also being purchased by management: CEO, CFO, COO, & Hareesh Achi.
Here are the details of this limited-time offering:
Offering Details:
• Price per Common Share: $0.12 CDN
• Warrant Inclusion: With every common share, you will receive one warrant that is valid for three years at $0.17.
• Offer Expiry: This offering will close in just 10 days, so time is of the essence.
Max 2121, I feel that Evan Gappelberg has a lot of work he has to do to get the NEXCF wheels rolling. It’s like everything in life, you have to make sure the wheels are pointed in the right direction, then you have to gain momentum. Gappelberg appears to have the drive.
I am waiting for the 10Q to come out in the next couple of days. It should show a little improvement over the prior quarter’s results. Good luck to us all.
I wonder is any of Apple's new AI push will involve NexTech 3D? Evan Gappelbery has mentioned working with Apple from time to time.
Apple preps ambitious AI-laden iOS 18, iPadOS 18, macOS 15, and watchOS 11 for 2024
Monday, November 13, 2023 8:37 am
Apple is working on a generative AI push with iOS 18, iPadOS 18, macOS 15, and watchOS 11 poised to bring such technology to iPhone, iPad, Mac, and Apple Watch in 2024.
Mark Gurman for Bloomberg News:
Late last month, Apple Inc. head of software engineering Craig Federighi made a rare call. He decided to freeze development work on the company’s next major software updates because the quality of initial versions missed the mark. The break allowed Apple to debug the software and improve performance.
The next generation of Apple’s software — iOS 18 and other operating systems due next year — is even more critical than usual. The company is racing to catch up with Google and OpenAI in generative AI, and iOS 18 is poised to bring such technology to the iPhone.
The iOS update also needs to be extra-impressive because the iPhone 16’s hardware won’t have any major advances next year. So Apple is banking on the software to sell people on the new models.
In light of that, Apple is treading carefully, which helps explain the recent delay…
After a few years of modestly sized updates to iOS, the next version of the iPhone and iPad software could be relatively groundbreaking.
Internally, Apple’s senior management has described its upcoming operating systems as “ambitious and compelling,” with major new features and designs, in addition to security and performance improvements.
November 9, 2023: Steve Darling (Host, Proactive) and Evan Gappelberg (CEO) discuss the news.
https://www.youtube.com/watch?v= Rp9ajRAmwTk&t=3s
Remember to take the space out between "= R"
Evan Gappelberg has a new video out that explains NexTech3D's business. It's worth watching.
It's on youtube.com, but the link won't work correctly here.
https://www.youtube.com/watch?v= PSs8rzBYSDE
When you are ready to watch it, take the space out between "= & P".
NEXTECH3D.AI ANNOUNCES MULTIPLE NEW 3D MODELING DEALS
TORONTO, O.N, Canada – November 9 , 2023 - Nextech3D.AI (“Nextech3D.ai” or the “Company”) (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers is pleased to announce a number of exciting new deals and renewals for its 3D modeling business. Thus far, the Company has delivered 60,000+ models to its customers across various industries. The Company expects to see significant growth in 2024 and beyond as Amazon increases its demands.
With 3D content, shoppers can virtually try on shoes or eyewear, visualize what an item will look like in their space, or virtually rotate and zoom in on the product from any direction to see features that might be missed through traditional 2D photography.
Amazon Has Measured the Following 3D/AR Model Benefits:
an 8X increase in customers who viewed a product in AR at Amazon, from 2018
2X improvement in purchase conversion observed on average in 2022 when AR Virtual Try-On (shoes and eyewear) or View in 3D is
enabled on an Amazon Product Listing
94% of customers surveyed by Amazon said they would use Virtual Try-On again (2022 survey of over 2,000 Amazon customers)
9% improvement in sales observed on average when View in Your Room is enabled on an Amazon product listing
Other Benefits of 3D:
3D content that is created can be used beyond the detail page.
Save money on product photography by using 3D assets to render detail page images
Lifestyle images or other brand marketing content can be quickly created without the need for a studio setup
Many 3D content creators can use 3D assets to create animations, videos and interactive or animated infographics. Clients should talk to their content creators to learn more about capabilities.
Bullion Consortium Inc. and LIG Assets, (LIGA) Signs LOI to Purchase Construction Companies
Nashville, TN, Nov. 08, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire –Bullion Consortium Inc. in association with LIG Assets, Inc. (LIGA), a publicly traded sustainability-oriented holding company with a focus on sustainable housing, media, and logistic markets, has signed a letter of intent to acquire a 25-year old construction company that has been producing an average of $100-200 million in annualized sales since 2018.
Bullion has recently announced they have formed a 506 D Private Placement offering to raise growth operating capital for their initial acquisitions. In addition, Bullion is currently negotiating to acquire a SPAC and several other public companies to merge one of several Real Estate construction and technology companies they are currently contracting to acquire.
"Bullion Consortium has given us an opportunity to raise funds and create other opportunities to raise considerable amounts of money to acquire these companies without any massive dilution to $LIGA shareholders," Marvin Baker continued, "I will be meeting with the CEO next week to work towards a definitive agreement to secure this deal, and I am excited to announce that I will be attending several Sustainable Home Building Conferences in the US and will be meeting with the principals of numerous construction company partners to discuss Bullion’s Merger and Acquisition plans."
Recently LIG Assets announced signing a Sales Representative Agreement for Tennessee and Alabama for Insultex House Wrap® with Innovative Designs, Inc. (IDVN), and LIGA will be posting pictures of our first use of Insultex House Wrap® on a renovation to our social media accounts.
The benefits to builders and homeowners is that Insultex House Wrap® protects against water intrusion that could get behind the exterior cladding which in turn can cause mold, mildew and rotting. Insultex will increase comfort in a building structure by reducing drafts and increasing its efficiency. UV inhibitors are blended into the polymeric material to protect it from harmful ultraviolet degradation.
About Bullion Consortium Inc.
Bullion Consortium is jointly held by LIG Assets, Inc. (OTC Pink: LIGA ) and Hollywall Entertainment, Inc. (OTC Pink: HWAL). Bullion Consortium Inc was formed to be a capital advisory and investment portfolio company to invest in public and private companies in the industry sectors: sustainable housing, renewable energy, themed entertainment real estate and hospitality properties, and TV, Radio, Cable Networks, and Syndication Groups.
https://seekingalpha.com/pr/19528481-bullion-consortium-inc-and-lig-assets-liga-signs-loi-to-purchase-construction-companies?hasComeFromMpArticle=false
Nextech3D.ai Partners With Pixelloid Studios to Hire Hundreds of 3D Artists in Its New Hyderabad, India Office in Anticipation of Rapid 3D Model Demand Growth in 2024 - By Nextech3D.ai on Nov 7, 2023 7:35:00 AM
TORONTO, O.N, Canada – November 7, 2023 - Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers is pleased to announce a partnership with Pixelloid Studios, a renowned creative studio specializing in 3D content creation and animation for Disney and others. Pixelloid has already graduated over 3000 students. Through this partnership, Nextech3D.ai is gaining access to a large talented and trained pool of students that have graduated from Pixelloid’s advanced 3D training program. This partnership represents an essential step in Nextech3D.ai's ongoing efforts to address the increasing demand for 3D models from Amazon and others.
Recognizing the surging demand for 3D models and the necessity to scale production, Nextech3D.ai has strategically chosen Hyderabad, India as the site for this expansion. Pixelloid Studios, who also has offices in Hyderabad will play a pivotal role in this initiative by training a team of skilled 3D model artists, who will integrate seamlessly into Nextech3D.ai's workforce in India. Nextech3D.ai sees these efforts as significantly enhancing its 3D model production capacity at lower costs, thus positioning the company for success in 2024.
Pixelloid Studios is an award-winning 3D Animation and Visual Effects Company based in Hyderabad, India, known for its stellar contributions to the animation and VFX industry, with a portfolio that includes blockbuster movies and popular video games. The studio has consistently pushed the boundaries of creativity, delivering immersive and visually stunning experiences for audiences around the world.
As previously announced, Nextech3D.ai has successfully established Nextech3D Solutions India Private Limited, a strategic move designed to bolster profitability while concurrently optimizing labor costs. The Company's shift to India is poised to generate substantial additional cash flow, chiefly attributed to the streamlining of production processes and the utilization of cost-effective resources available in the region. Nextech3D.ai is strategically positioning itself for sustained profitability in a dynamic market environment. This strategic pivot is in perfect harmony with Nextech3D.ai's unwavering commitment to delivering premium 3D modeling and augmented reality solutions while maintaining a steadfast focus on profitability and fiscal responsibility, catering to the interests of its valued shareholders.
Last week, the Company celebrated the grand opening of its office space in Hyderabad, India. This milestone marks a pivotal step in expanding Nextech3D.ai's profit margins and significantly reducing overhead costs, potentially resulting in annual savings of up to $4 million. Hareesh Achi, Head of Product Operations, is spearheading this transformative endeavor. With over a decade of experience at industry giants such as MSFT and META, Hareesh brings a profound and comprehensive understanding of managing substantial technology operations.
https://www.nextechar.com/press-releases-and-media/nextech3d.ai-partners-with-pixelloid-studios-to-hire-hundreds-of-3d-artists-in-its-new-hyderabad-india-office
Max 2121, I wasn’t aware of the Nextech3D official news release from Yahoo Finance. Thanks for posting it on iHub. The part of the
NEXTECH3D.AI OFFERS $3.6 MILLION OPPORTUNITY - November 2, 2023
Dear Valued Investor,
I hope this letter finds you in good health and high spirits. It is with great pleasure that I reach out to you today to present a unique, time-sensitive investment opportunity in Nextech3D.ai, the company you have already trusted and believed in.
In our relentless pursuit of excellence and commitment to creating shareholder value, we are excited to offer our loyal investors an exclusive opportunity to acquire additional shares of Nextech3D.ai at an exceptionally discounted price. We believe that seizing this opportunity could be a game-changer for your investment portfolio.
We have announced a $3.6million Private placement to allow our shareholder to invest at the 52 week low and to position our company ahead of Amazon opening seller central. We do see this as our biggest opportunity and have invested $25million to get here - but now we are here, and the time has come for us to make this last push-together!
10% of offering is being purchased by management: CEO, CFO, COO, & Hareesh Achi.
Here are the details of this limited-time offering:
Offering Details:
• Price per Common Share: $0.12 CDN
• Warrant Inclusion: With every common share, you will receive one warrant that is valid for three years at $0.17.
• Offer Expiry: This offering will close in just 10 days, so time is of the essence.
Why Invest in Nextech3D.ai now?
Strategic Catalysts:
• We have several pivotal catalysts on the horizon, including a multi-million dollar purchase order from Amazon in 2024. To provide context, we have already delivered $2.75 million worth of 3D models to Amazon in 2023 under our ongoing contract, with expectations to increase our volume by almost 100% in 2024.
Cutting-Edge Technology:
• Amazon is transferring cutting-edge computer vision AI technology to us in November, which will allow us to independently quality-assure our 3D models. This move reflects the high level of trust and integration we've established with Amazon over the past year.
Game-Changing Opportunity:
• In January 2024, Seller Central is set to enable the automatic integration of Nextech 3D models onto Amazon's platform. This represents a breakthrough, allowing 3D models to replace 2D photos on a massive scale. This opening of the floodgates is the main opportunity for Nextech to grow exponentially, granting us access to 10 million customers and 300 million products as a Preferred 3D model supplier.
Strategic Partnerships:
• We have secured a substantial quote for 1,000 3D models from Reliance India, a company worth $150 billion, and are poised to supply Target pending purchase orders.
In the realm of cost efficiency and technological advancement, we have achieved significant milestones that directly impact our financials:
Operational Savings:
• We've made substantial strides in reducing operational costs. Combined with the maturation of our generative AI technology, this has resulted in a remarkable reduction in the production cost of our 3D models.
Cost Reduction:
• Just 30 days ago, the production cost of our 3D models was $50 per unit. Today, as a result of our cost-saving measures, this cost has plummeted to an impressive $25 per 3D model.
Enhanced Profit Margins:
• Given this cost reduction, the profitability of our 3D model sales has significantly improved. We previously sold these models to Amazon at $65 per unit, yielding a modest margin of $15 per 3D model, equating to a 23% margin.
Improved Gross Profit:
• With the lowered production costs, our gross profit per 3D model has risen to a robust $40, marking a substantial 61% gross margin.
Future Cost Reductions:
• We anticipate further cost reductions as our AI technology takes on a more substantial role. Our goal is to bring the cost of production into the range of $15 to $20 per unit, which will further augment our profit margins.
Diversified Margin Structure:
• It's important to note that our sale of 3D models to Amazon at $65 represents the lowest-margin aspect of our business. We also supply 3D models to esteemed clients such as Kohls, P&G, Vornado fans, Dyson, CB2, and over a hundred others, where our margins outside of Amazon are notably higher, often exceeding 75%.
Significant Upside Potential:
• Looking ahead, there's substantial growth potential as we aim to charge our standard prices for merchants on Amazon Seller Central. This development represents a notable upside for our 2024 financial outlook.
These financial improvements, coupled with our expanding client base and technological advancements, position us for a promising future. We believe that our continued efforts in enhancing efficiency and profitability will generate substantial value for our investors as we move forward.
Current Valuation:
At the offering price of $0.12 CDN, our fully diluted market capitalization stands at $18 million CAD. When considering the $10 million in shares owned by [Company Name], our valuation reaches an impressive $8 million CAD. We believe that this valuation significantly undervalues our potential, especially considering the projected 2024 revenue, gross margin, and the growing importance of 3D models in the e-commerce sector.
This offering is your chance to further strengthen your investment position in Nextech3D.ai, an innovative AI company with a promising future. We see tremendous potential for capital appreciation and invite you to take advantage of this unique opportunity.
For any questions or inquiries about this offering, please contact our Investor Relations team at: investors.relations@nextechar.com.
Our dedicated point of contact, Julia Viola, is available to assist you, and our CEO, Evan Gappelberg, is open to calls to answer your investor queries, as arranged by Julia.
In conclusion, I encourage you to consider this limited-time investment opportunity seriously. Your trust and support have been invaluable to us, and we invite you to continue this journey of success together.
Sincerely,
Evan Gappelberg - CEO/Founder
evan@nextechar.com
I'm looking forward to reading the new NexTech 3D quarterly report around November 15th. I hope to find important new company information, rather than just an update of the last quarterly report. Good luck to all NEXCF shareholders.
Nuwellis’ Strategic Partner, SeaStar Medical, Receives FDA Approvable Letter for Its Pediatric Selective Cytopheretic Device October 31, 2023 - 08:00AM
Nuwellis, Inc. (Nasdaq: NUWE), a medical technology company focused on transforming the lives of people with fluid overload, today announced its strategic partner, SeaStar Medical Holding Corporation (Nasdaq: ICU) (SeaStar Medical), received an Approvable Letter from the U.S. Food and Drug Administration (FDA) for its pediatric Selective Cytopheretic Device (SCD-PED). The SCD-PED will provide a new therapy option for children weighing 10 kilograms or more who have acute kidney injury (AKI) and sepsis or a septic condition requiring continuous kidney replacement therapy (CKRT) in a hospital intensive care unit.
The Approvable Letter indicates that SeaStar Medical’s Humanitarian Device Exemption (HDE) application substantially meets the requirements for an Approval Order and outlines remaining administrative steps that must be finalized before the HDE can be active for commercialization. For the SCD-PED, these include revisions to product labeling and minor modifications to the post-approval study plan.
Nuwellis and SeaStar Medical previously announced an exclusive U.S. license and distribution agreement for Nuwellis to distribute the SCD-PED. “We’re excited to collaborate with SeaStar Medical to bring this innovative product to market, which, upon FDA approval, will represent a new revenue stream for Nuwellis,” said Nestor Jaramillo, Jr., President and Chief Executive Officer of Nuwellis. “Most importantly, the clinical data used for the approval in support of the HDE application showed a 77% reduction in mortality rate and no dialysis dependency at Day 601,2.”
“Receipt of this Approvable Letter is a major accomplishment indicating that the FDA supports SeaStar Medical’s application and acknowledges the potential of our device to save lives and eliminate dialysis dependency in critically ill children with AKI and sepsis,” said Kevin Chung, MD, Chief Medical Officer of SeaStar Medical. “SeaStar intends to work closely with the FDA to complete the final steps outlined in the Letter and anticipate the much-needed availability of the product in pediatric intensive care units by early next year.”
SeaStar Medical’s SCD-PED therapy is a patented, cell-directed extracorporeal tool for managing cytokine storm-induced hyperinflammation. The therapy precisely targets and neutralizes activated toxic immune cells that drive cytokine storms (an overreaction of the immune system) that can ultimately cause organ damage and failure for critically ill patients. Clinical studies have demonstrated the SCD-PED’s potential to eliminate dialysis dependency, shorten intensive care unit time, and restore the lives of critically ill pediatric patients.
I prefer the Classic view. I don't like the new view at all. I hope iHub returns to their previous format. Thanks for letting me express my thoughts.
NEXTECH3D.AI TO PRESENT AT THE AI AND BIG DATA VIRTUAL INVESTOR CONFERENCE
Join live Thursday November 2nd at 11:30 AM ET / 2:30 pm PT
TORONTO, O.N, Canada – October 30, 2023 - Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers is pleased to announce that Nextech3D.ai CEO Evan Gappelberg will present live at AI and Big Data Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on November 2nd, 2023.
The Company invites individual and institutional investors, as well as advisors and analysts, to attend in person or online at VirtualInvestorConferences.com
DATE: Thursday, November 2, 2023
TIME: 11:30 a.m ET / 2:30 p.m PT
LINK: https://bit.ly/48QBadB
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.
FDA Issues Approvable Letter for SeaStar Medical’s Selective Cytopheretic Device for Pediatric Patients - October 30 2023 - 08:00AM
SeaStar Medical Holding Corporation (Nasdaq: ICU), a medical device company developing proprietary solutions to reduce the consequences of dysregulated immune responses including hyperinflammation on vital organs, announces that the U.S. Food and Drug Administration’s (FDA) Center for Biologics Evaluation and Research (CBER) has issued an Approvable Letter for the company’s proprietary Selective Cytopheretic Device Pediatric (SCD-PED) for use in children weighing 10 kilograms or more with acute kidney injury (AKI) and sepsis or a septic condition requiring continuous kidney replacement therapy (CKRT) in the hospital intensive care unit (ICU). As announced in early October 2023, SeaStar Medical expected the FDA to issue this approvable letter within a month of such announcement.
The issuance by the FDA of an Approvable Letter is a standard step in the approval process of a Humanitarian Device Exemption (HDE) application. The Approvable Letter indicates that SeaStar Medical’s HDE application substantially meets the requirements for an Approval Order and outlines remaining administrative steps that must be finalized before the HDE can be active for commercialization. For the SCD-PED, these include revisions to product labeling and minor modifications to the post-approval study plan. SeaStar Medical intends to work diligently with the FDA to complete these action items in the coming weeks and expects to commence commercialization of the SCD by the end of 2023 or the first quarter of 2024.
“Receipt of this Approvable Letter is a major accomplishment indicating that the FDA supports our application and acknowledges the potential of our device to save lives and eliminate dialysis dependency in critically ill children with AKI and sepsis,” said Kevin Chung, MD, Chief Medical Officer of SeaStar Medical. “We intend to work closely with the FDA to complete the final steps outlined in the Letter and anticipate the much-needed availability of the product in pediatric intensive care units by early next year.”
“We are well on our way to commercializing SeaStar Medical’s Selective Cytopheretic Device (SCD) in the first of what we believe will be multiple high-value indications where dysregulated inflammation plays a role,” said Eric Schlorff, SeaStar Medical Chief Executive Officer. “Our pivotal trial in critically ill adults with AKI is progressing well with the goal of the SCD becoming the standard of care for AKI in the ICU. In addition to adult AKI, we have recently received Breakthrough Device Designations for the SCD in both cardiorenal syndrome and hepatorenal syndrome, which should expedite the clinical development and regulatory review of the SCD for use in these indications.”
The SCD is a patented, cell-directed, extracorporeal device designed to be used as an adjunct therapy that selectively targets and transitions pro-inflammatory monocytes to promote reparative processes and reduce the acute inflammatory and damaging effects of activated neutrophils. Pooled analysis from two non-controlled studies, SCD-PED-01 (funded by the FDA Office of Orphan Products Development) and SCD-PED-02 showed that pediatric patients ≥10kg with AKI requiring CKRT treated with the SCD had no device-related serious adverse events or infections, a 77% reduction in mortality rate, and no dialysis dependency at Day 60. The SCD-PED-01 (weight range ≥15 kg) and PED-02 (weight range ≥10 kg) studies demonstrated 75% and 83% reductions in mortality, respectively.
Nextech3D.AI is pleased to announce that the Company is moving to high scale production and in preparation it has established Nextech3D Solutions India Private Limited, which is anticipated to increase profitability and reduce labor costs starting in Q4, 2023. This strategic transition is anticipated to reduce expenses and significantly enhance the Company's profitability and performance as it rolls out its AI solution. The Company is gearing up for a record Q3 and Q4 and record 3D model growth in 2024. The Company is now exclusively focused on high-scale production for its 3D modeling business with Amazon and other enterprise accounts.
theswordman, Thanks for posting "The Wall Street" Analyzer's interview with Eric Schlorff, CEO at SeaStar Medical Holding Corporation (ICU). It was very thorough and informative. I hadn't seen it before.
NEXTECH3D.AI INVESTOR UPDATE
Stay informed on all things Nextech with our weekly investor newsletter! October 27, 2023
ARitize 3D
CUSTOMER HIGHLIGHT
Decor Metall: Augmented and Virtual Reality for Interactive Display Design
Augmented reality isn't just a nice to have; it's a game-changer for customers during decision-making and designers in the conception phase. Decor Metall is leading the way in showing how technology is revolutionizing the entire production process.
The vision of projecting a display virtually into a real environment and viewing it from all angles is now a reality, thanks to Decor Metall's forward-thinking approach. With nearly six decades of experience in brand staging, the company is taking innovative steps in display development. A Point of Sale (POS) solution was traditionally seen as a 3D rendering on screens and paper during the conception phase. But augmented reality (AR) is opening up new possibilities.
Wolfgang von Hagen, Decor Metall's sales manager, explains how this benefits customers and streamlines manufacturing. Decor Metall aims to create POS solutions that truly stand out to draw shoppers' attention to specific products and brands. As a holistic partner, the company collaborates with customers to develop concepts that boost sales at the POS and strengthen brand values.
Here's where AR comes into play. Before a physical prototype is built, Decor Metall offers customers the opportunity to explore their concept through a virtual lens. Customers receive a QR code that leads to a 3D view of the display. Using digital devices like tablets, they can view the display in a true-to-scale 3D model, rotate it, and even place it virtually in their environment. This combination of virtual reality (VR) and AR provides a comprehensive understanding of the product.
This approach has several advantages. It shortens the development process as customers can identify necessary changes before constructing a physical prototype. This results in time and cost savings. Moreover, it empowers customers to promote their sales immediately upon the display's completion. They can virtually place the display on the sales floor, allowing the sales team to demonstrate its functionality to dealers. The ease of choosing between display variants and internal training on display concepts are also enhanced by AR models.
Decor Metall introduced its AR concept at Euroshop, where trade visitors were enthusiastic about the practical applications of AR. The numerous customer projects that have already been implemented across various industries further prove AR's effectiveness. For example, toy manufacturer Dickie-Spielzeug, with Decor Metall's help, developed a four-meter-long display for toy stores. Christina Wimmelbacher, Senior Marketing Manager at Dickie-Toys, emphasizes how AR allowed them to assess the display more realistically. Markus Hirsch, Director of Product Management & Marketing at Dickie-Toys, adds that AR streamlined the introduction of their new POS system to international sales companies, saving time and costs.
Decor Metall's pioneering use of AR and VR revolutionizes how displays are conceived and created, providing real added value for customers. This innovative approach is changing the game in the world of display conception.
Map D
Streamlining Event Planning: Harnessing Map D's Technological Edge
Event planning, a domain often characterized by its multifaceted demands and high-stress nature, calls for a meticulous balancing act. The recent revelation by the World Scholarship Vault, which ranks event planning as the third-most stressful job globally in 2023, underscores the criticality of precision and adept management in this field.
Yet, within this complex panorama, technology stands out as a beacon of efficiency and enhancement. The infusion of robust event planning technology not only promises a reduction in the inherent stressors but significantly elevates attendee engagement, satisfaction, and the overarching narrative of event success.
Here’s a glimpse into how Map D is engineered to transition from this challenge to a realm of streamlined execution and elevated engagement:
1. Defining Event Goals: Map D's user-centric interface aids in articulating and prioritizing event goals seamlessly, be it amplifying brand visibility, accelerating lead generation, or boosting sales figures. Providing a clear lens on objectives sets the stage for a tailored event strategy and tangible success metrics.
2. Budget Management: Our platform furnishes a structured framework to allocate and monitor budgets efficiently, ensuring every dollar is optimally utilized towards achieving the defined goals, thereby promising a robust return on investment.
3. Timeline Structuring: With a keen focus on effective planning, Map D assists in crafting a pragmatic timeline, ensuring a well-phased implementation of all requisite steps leading up to a successful event realization.
4. User Experience Evaluation: An event’s success is often mirrored in the attendees' experiences. Map D facilitates a thorough evaluation of user experiences, encompassing every touchpoint from registration to post-event engagement, ensuring a positive and memorable attendee journey.
5. Data Analytics: In the era of data-driven decisions, Map D's robust data analytics capability empowers an insightful analysis, aiding in informed decision-making and success measurement.
6. Seamless Integrations: Technology integrations are pivotal for a fluid event experience. Map D ensures seamless integrations, setting the stage for a glitch-free orchestration for attendees and organizers.
7. Responsive Customer Support: Our dedicated customer support ensures that every query and concern is addressed promptly, building a reliable support system for attendees and organizers alike.
8. Robust Security Features: In a digital age, security is paramount. Map D encompasses stringent security measures ensuring the sanctity and protection of attendee data, instilling confidence and trust in the digital interactions within the event ecosystem.
With these facets, Map D is not merely a tool but a comprehensive ally for trade show managers, easing the journey from conception to successful execution, ensuring each event resonates with excellence and achieves the envisioned ROI. Our relentless pursuit of innovation continues to steer Map D towards being a cornerstone of successful event management in the modern era.
Looks like NexTech's business is slowly lifting up off the ground.
NEXTECH3D.AI SIGNS 3D MODEL EXPANSION CONTRACT WITH VORNADO AIR LLC BRINGING ITS 3D MODELS ONTO AMAZON’S SELLER CENTRAL
Nextech3D.ai is Leveraging its Relationship with Amazon to Bring Select Customers Onto Seller Central
TORONTO, O.N, Canada – October 27 , 2023 - Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a Generative AI-Powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers has signed an expansion 3D modeling contract with Vornado Air LLC, a leading American company that specializes in manufacturing and marketing air circulators, air purifiers, heaters, and humidifiers. Nextech3D.ai was given select access to Amazon’s seller central to bring certain customers’ 3D product models onto the Amazon e-commerce marketplace. The Company is pleased to leverage its 3D modeling expertise in support of both Amazon and its valued customers, and sees significant growth potential with both.
Vornado Air LLC is a repeat 3D model customer, who has signed and completed 5 expansion contracts for additional 3D models with the Company. Nextech3D.ai has created over 100 models for Vornado Air thus far, all of which are live on Amazon and on the Vornado website. Vornado Air has also requested the creation of additional 3D models which are exclusive products for Costco and Best Buy.
This deal builds upon yesterday’s significant announcement that Nextech3D.ai signed an enterprise 3D modeling contract with Kabbani Funiture, considered the number one furniture seller and manufacturer in Egypt.
As previously stated, Nextech3D.ai is a 3D model supplier for Amazon, as the e-commerce giant is in full swing in the transition from static 2D product images to 3D models.
In an article titled "5 Technology Predictions for 2023 and Beyond", Peter Vogels (Chief Technology Officer and Vice President of Amazon) made a bold statement about 3D models and the future of e-commerce. “Static 2D product images on the internet will become a thing of the past, replaced by 3D models that you can pick up, rotate, and place in your living room as seamlessly as you can see them in a web browser today.”
Nextech3D.ai is making it possible to create photo-realistic 3D models as digital replicas of real-world products at scale for large enterprise customers and e-commerce giants like Amazon in the global $5.5 trillion dollar e-commerce market
Try it yourself - Existing Vornado 3D product Models on Amazon
Open the link, click the 3D product model to spin and rotate. Open on your mobile device to view it in your space with augmented reality.
https://www.nextechar.com/press-releases-and-media/nextech3d.ai-signs-3d-model-expansion-contract-with-vornado-air-llc-bringing-its-3d-models-onto-amazons-seller-central?utm_campaign=nextech-ir&utm_source=email&utm_medium=pr-link-vornado-expansion-1