• Nextech AR signed a virtual events and experiences preferred channel partner deal
  • Strategic Site Selection, a 15 year old site selection leader in the meeting and events industry, selected the augmented reality company as a preferred channel partner
  • Strategic Site Selection works to find trusted event partners and venues for a growing list of industry and association clients
  • Nextech AR will work directly with clients to create virtual and hybrid events that bridge the physical and virtual world
  • Nextech AR is up 4.01 per cent to C$5.19 per share

Nextech AR (NTAR) signed a virtual events and experiences preferred channel partner deal.

Strategic Site Selection (SSS), a 15-year-old site selection leader in the meeting and events industry, selected the augmented reality company as a preferred channel partner.

Strategic Site Selection works to find trusted event partners and venues for a growing list of industry and association clients.

Strategic Site Selection CEO Mark Dosman said helping clients navigate the evolving event industry and streamline the planning process is its top priority.

“Over the past year, the event planning industry has been turned upside down and we quickly identified a need to pivot to virtual and hybrid models in order to continue providing best-in-class services to meet our clients’ needs,” Dosman said.

Nextech AR will serve as a preferred partner for SSS, working directly with clients to create virtual and hybrid events that bridge the physical and virtual world while also providing a safe, inclusive and convenient setting for global attendees.

Nextech’s Virtual Experience Platform (VXP) combines best-in-class technologies, ranging from AR for 3D product modeling and human holograms to enterprise-scale streaming services and customized language packs, making it an attractive solution for SSS clients looking to pivot their conferences, meetings, and events in the new digital age.

According to a press release, the SSS team has already undergone training workshops on Nextech’s VXP and AR offerings to better understand how Nextech’s solutions can serve new and existing clients.

Nextech AR CEO Evan Gappelberg said the company is very excited to be named one of SSS’ channel partners.

“We are continuing to experience a rapidly growing market demand for our virtual experience platforms as evidenced by us having over $10 million in quotes in the market which sets us up for 2021 to be a breakout year,” Gappelberg said.

Nextech AR is up 4.01 per cent to C$5.19 per share at 10:59 am EST.

More From The Market Online
Nuvei Corp.

Nuvei stock jumps on private buyout rumours

Nuvei Corp. stock (TSX:NVEI) rallies higher in early Monday trading after news broke of a potential private buyout.

FendX and McMaster University partner on spray nanotechnology

FendX Technologies (CSE:FNDX) reveals a partnership with McMaster University to advance the development of a spray nanotechnology.