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Nextech AR Initiates Toggle3D Design Studio Development
The spin-out of ARway on October 26th has proven to be a tremendously successful way to unlock value for Nextech shareholders.
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CIO Applications | Friday, December 30, 2022

After the successful launch of ARway, Nextech announces the creation of Toggle3D.
FREMONT, CA: "The spin-out of ARway on October 26th has proven to be a tremendously successful way to unlock value for Nextech shareholders. Now we are announcing that we are going to do the same thing with Toggle 3D. We believe there is a tremendous amount of value currently trapped inside Nextech and these spin-outs are aimed at unlocking that value by listing pure play technology companies. We believe that Toggle 3D is now commercially ready with a laser focused team, and will be well received by the market. Creating value for Nextech shareholders of which I am the single largest with 10.7mill shares has always been a major focus of mine. This Toggle3D spin-out and the possibility of additional future spin-outs are intended to unlock the value of the technology that we have been heavily investing in, incubating and building inside Nextech for the last 4-years," said Evan Gappelberg, CEO of Nextech AR.
Following Nextech's successful spin-off of ARway (ARWY: CSE) (ARWYF:OTC) on the Canadian Securities Exchange ("CSE"), shareholders gained significant value. Through the spin-off of Toggle3D, the Company aims to increase shareholder value, and Toggle3D's spin-out will follow the successful ARway spin-out structure.
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"After 16 years of walking around with a smartphone in our pockets the next generation of devices is about to emerge in the form of Computer glasses. Once launched computer glasses will become the device of choice in 2023 and beyond causing everything 3D to go up in value practically overnight. We believe that a 3D spatially aware world is the next evolution of our computer driven world. We see it becoming a major focus of investors in 2023 when Apple Computer releases a pair of computer glasses which perfectly positions, Nextech, ARway and now Toggle3D." Evan Gappelberg, CEO of Nextech AR continues.
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