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Thursday, 11/09/2023 8:46:36 AM

Thursday, November 09, 2023 8:46:36 AM

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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.
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