NexTech AR Remedies Announces Appointment of New CFO |

VANCOUVER, British Columbia–(Business WIRE)–Jun 1, 2021–

Nextech AR Solutions Corp. (“Nextech” or the “Company”) (NEO: NTAR.NE) (OTC: NEXCF) (CSE: NTAR) is delighted to announce the appointment of its new Main Monetary Officer (“CFO”), Andrew Chan, CPA, CA. Andrew has over 20 yrs of encounter throughout finance, accounting, enterprise analytics, and technique, focusing on the engineering and economic expert services sectors. Nextech seems to be ahead to capitalizing on his history to assist construct powerful internal interactions across its world business enterprise units, whilst primary the Company’s economic functions and playing a sizeable purpose in its strategic direction.

“Nextech proceeds to thrust the boundaries of what is doable inside its augmented truth alternatives, and Andrew’s capabilities and working experience will be certain we are leveraging the appropriate resources in our company software kit to assistance provide our immediate development targets,” stated Evan Gappelberg, Founder and CEO of the Firm. “I’ve been hyper focused on setting up a planet-course staff and am incredibly happy Andrew has joined us at this crucial stage in our journey. Presented the caliber of the executive and management teams now in put and the the latest additions to our increasing workforce, I’m much more self-confident than at any time we will be successful in knowing our eyesight although addressing our multi-stakeholder tasks.”

Andrew Chan has about 20 a long time of finance and accounting working experience with half of his career serving high-development, public technologies corporations. Immediately after above a 10 years in community accounting (such as 9 several years at Ernst & Young), Andrew moved into senior finance positions with Real Matters Inc. (TSX: Actual) and goeasy ltd. (TSX: GSY) – both equally supplying engineering remedies for the monetary services industry – the place he was included in several financings, transactions and acquisitions with an aggregate value of very well about a billion pounds. Mr. Chan has properly integrated and led finance-associated functional groups including treasury and banking, corporate reporting and budgeting and was instrumental in forging solid associations with business enterprise unit leaders to help prosperous earnings forecasting and shipping and delivery.

Andrew is a Chartered General public Accountant (CPA,CA) and also holds a Bachelor of Commerce diploma specializing in accounting and finance from the College of Toronto.

Nextech also announces that Paul Moon has been appointed Vice President, Trader Relations for the Organization successful these days. Paul has additional than 20 years of investor relations expertise in many industries which include fiscal companies, know-how and biotechnology. He most not too long ago served as head of trader relations and small business growth for Protean Biodiagnostics, a disruptive precision oncology organization. He also served as Vice President, Trader Relations and Communications for biotechnology corporations, Resverlogix Corp. and Zenith Epigenetics Ltd. Prior thereto, he was Head of Promoting and Director, Trader Relations and Corporate Communications for Pure Systems Inc., a worldwide developer and supplier of specialized technologies serving the water and wastewater sectors.

The Enterprise has granted 385,000 stock alternatives to officers, staff and consultants for the suitable to acquire up to an aggregate of 385,000 prevalent shares of the Organization (the “Options”). The Choices vest about three several years, at a rate of $2.56 for every share, currently being the closing cost of the final investing day prior to the day of grant. All Solutions have been granted in accordance with the Firm’s stock possibility prepare.

Nextech develops and operates augmented reality (“AR”) platforms that transports a few-dimensional (“3D”) solution visualizations, human holograms and 360° portals to its audiences altering e-commerce, digital marketing, hybrid digital events (situations held in a digital structure blended with in-particular person attendance) and discovering and training activities.

Nextech focuses on establishing AR alternatives even so most of the Company’s revenues are derived from 3 e-Commerce platforms: vacuumcleanermarket.com (“VCM”), infinitepetlife.com (“IPL”) and Trulyfesupplements.com (“TruLyfe”). VCM and product sales of residential vacuums, supplies and elements, and tiny household appliances sold on Amazon.

Forward-on the lookout Statements

The NEO has not reviewed and does not take obligation for the adequacy or precision of this release.

Selected information contained herein may well constitute “forward-searching information” below Canadian securities legislation. Frequently, forward-hunting information can be recognized by the use of ahead-wanting terminology these as, “will be,” “looking forward” or versions of these types of words and phrases and phrases or statements that specific actions, activities, or success “will” arise. Forward-looking statements with regards to the Corporation raising investors consciousness are primarily based on the Company’s estimates and are subject to acknowledged and not known threats, uncertainties and other factors that may well lead to the real benefits, concentrations of exercise, general performance, or achievements of Nextech to be materially unique from all those expressed or implied by these types of forward-looking statements or forward-searching information, which includes money expenditures and other fees. There can be no assurance that this sort of statements will confirm to be precise, as genuine results and foreseeable future functions could vary materially from individuals expected in this kind of statements. Appropriately, visitors should really not location undue reliance on forward-looking statements and forward-hunting information and facts. Nextech will not update any ahead-hunting statements or forward-seeking details that are incorporated by reference herein, besides as needed by applicable securities regulations.

Call: On behalf of the Board of Nextech AR Answers Corp.

CEO and DirectorInvestor Relations

Key phrase: NORTH America CANADA

Business Search phrase: Technological know-how Internet marketing Marketing COMMUNICATIONS AUDIO/Video clip Software program RETAIL Consumer ELECTRONICS On the internet RETAIL

Resource: Nextech AR Options

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PUB: 06/01/2021 09:27 AM/DISC: 06/01/2021 09:27 AM

Copyright Business enterprise Wire 2021.