NexTech AR Solutions

10:45 AM EST - NexTech AR Solutions : Announced it has been selected by the Canadian Urban Transit Association (CUTA) to provide its InfernoAR virtual event services. The contract value is for $90,000, which is part of a growing global shift in dollars from government agencies, universities, and corporations to virtual meetings and AR solutions, technologies of which NexTech is uniquely positioned to provide. NexTech’s InfernoAR will power CUTA’s annual conference, which will be virtual for the first time ever, November 16-19, 2020. “We are gratified that CUTA, which is such a significant part of the Canadian transportation infrastructure, has chosen to work with us. Their vision for how to take their annual program to an all-digital experience speaks of their commitment to their attendees and exhibitors and to their leadership position in the transportation industry globally,” said Evan Gappelberg, NexTech CEO. “Due to COVID-19 the virtual events market is witnessing extremely high demand, which we expect to translate into accelerating new business opportunities for Nextech for the next 12 months and beyond.” NexTech AR Solutions shares O.NEXCF are trading up 10.36 percent at $6.07.

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