ARway is leveraging AI to Transform Spatial Mapping 

TORONTO, O.N, Canada – December 14 , 2023 –  ARway.ai (“ARway” or the “Company”) (CSE: ARWY), (OTC: ARWYF) (FSE: E65) is an AI powered Augmented Reality Experience platform with a disruptive no-code, no beacon spatial computing solution enabled by visual marker tracking with centimeter precision announces the release of Version 2.7, marking a significant leap forward in its spatial mapping capabilities. This latest version introduces a new enhanced AI-powered process that automates the creation of 400,000 square feet 3D spatial maps from 2D floor plans, significantly improving ARway’s platform performance for enterprises and developers. The deployment of this technology at Congohas Airport, Brazil, and a prominent shopping destination in South Africa, showcases its global applicability and scalability.  This launch is expected to generate more revenue for the Company as it is solving the challenges facing enterprise customers.

Watch a video showcase of Version 2.7 – click here

The centerpiece of Version 2.7 is the enhanced capability to transform 2D floor plans into property and mini-city scale 3D digital twins, now accommodating spaces more than 400,000 square feet (37,000 square meters). This breakthrough allows for the creation of centimeter-precise digital twins, which can be connected for seamless navigation across multiple floors and areas, both indoor and outdoor. 

Previously announced feature and patent Earlier this year ARway announced it had filed a provisional patent for 3D Floor Plan and Digital Twin Generation technology to create and manage virtual replicas of physical spaces. This technology is unique in that it eliminates the complexity and reliance on expensive hardware and scanners by ingesting 2D floor plans and architectural drawings and converting these artifacts into 3D environments. 

Complementing these major features, ARway has introduced several minor yet impactful enhancements to further streamline the user experience. Notable enhancements include: 

• Updated Toolbar and Help Modals: A cleaner toolbar display and helpful instructional modals make creating with ARway even more intuitive. 

• Upgraded Floor Plan Peg Adjustments: Creators can manually adjust pegs with confidence, ensuring precise placement. 

• Location Directory Category and Subcategory Updates: A cleaner UI for adding and editing categories and subcategories enhances usability. 

• Map Connector Update: Creators can now edit Map Connector pins from both the 3D and 2D maps with enhanced controls for multi-map and multi-floor navigation experiences. 

• Large Scale Floor Plan Compatibility Upgrade: High-resolution floor plans are now efficiently compressed without sacrificing clarity on mobile apps powered by ARwayKit SDK. 

These upgrades are targeted towards ARway’s enterprise business and new SaaS business, aiming to drive developer adoption and enhance the total value proposition of the ARway platform. By democratizing AR features through the ARwayKit SDK and improving the platform’s capabilities, ARway is poised to meet the evolving needs of SMEs, enterprises, agencies, and XR developers.  

The upgrades in Version 2.7 significantly enhance ARway’s market competitiveness. By offering a solution that is not only more powerful but also easier to use, ARway is positioned to attract a larger customer base. The automation of 3D map creation and the expansion of the platform’s capabilities are key factors in driving the company’s growth and profitability. As part of the Company’s stock options plan it has issued 1,175,000 3- year options at $0.215/ share.