Nextech AR (OTCQB: NEXCF) (NEO: NTAR.NE) (CSE: NTAR) (FSE: N29), a leading provider of virtual and augmented reality (“AR”) experience technologies and services for ecommerce, education, conferences and events, has announced the appointment of two experienced sales directors to new positions in the company: Zak Mcleod as senior director of sales, Europe, the Middle East and Africa (“EMEA”) and Rory Ganness, formerly from Salescorce.com, as director of enterprise sales, North America. Mcleod comes from Fastly, a market-leading edge cloud computing solution, where he served as senior sales director. In that position he rebuilt the company’s media, broadcast and entertainment vertical from the ground up, across the United Kingdom and other European markets. Nextech is actively recruiting leading technology industry experts who can support and strengthen the company’s mission, provide value and drive revenue across all verticals. In the past six months, the company has also brought on top-tier talent from SAP, Apple, Microsoft Corporation, Disney, IBM, Oracle and NortonLifeLock. These new hires support Nextech’s commitment to become a market-leading partner for all things augmented reality across the globe region. That focus includes providing Nextech’s platform and tools to high-value markets including ecommerce, higher education, financial services, health care and virtual events. “I’m delighted to welcome Zak and Rory who both have their finger on the pulse of new wave technologies reshaping the way we live, work and learn, making them ideal hires as demand is accelerating and Nextech is rapidly expanding to meet this demand throughout the EMEA, and North American markets,” said Nextech AR CEO Evan Gappelberg in the press release. “Having talented salespeople with a history of success is key to driving revenue as we build towards our goal of $50-60 million in 2021.”
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About Nextech AR
Nextech is one of the leaders in the rapidly growing augmented reality market estimated to grow from $10.7 billion in 2019 and projected to reach $72.7 billion by 2024 according to Markets & Markets Research; it is expected to grow at a CAGR of 46.6% from 2019 to 2024 .
The company is pursuing four verticals: Virtual Experience Platform (“VXP”), an advanced augmented reality and video learning experience platform for events; ARitize(TM) for eCommerce; ARitize(TM) 3D/AR advertising platform, the industry’s first end-to-end solution whereby the company will leverage its 3D asset creation into 3D/AR ads; and ARitize(TM) Hollywood Studios, a project that produces immersive content using 360 video and augmented reality as the primary display platform. For more information about the company, please visit www.NextechAR.com.
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