TORONTO, ON, Canada – MARCH 22, 2024 – 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 is pleased to announce its new partnership with Megatek, Albania’s leading home improvement and do-it-yourself (DIY) retailer. This groundbreaking collaboration is set to bring an unprecedented retail experience to the Albanian market, beginning with a pilot program at Megatek’s expansive flagship store that spans more than 323,000 square feet.
The successful implementation of ARway’s technology in Megatek’s flagship store will pave the way for future deployments across more locations and similar stores, signaling a significant growth and revenue opportunity for both companies.
Megatek, renowned for its vast selection of furniture, decor, building materials, gardening supplies, and household goods, has long been the go-to destination for DIY enthusiasts and professionals alike in Albania and Eastern Europe. However, navigating the immense 30,000 square meter retail space has been a challenge for customers, making it difficult to ascertain product availability and locations within the store.
In response to this challenge, ARway and Megatek are introducing an innovative solution that combines AR navigation and wayfinding with digital advertising and content delivery. Unlike traditional in-store kiosks, which require significant investment in hardware and installation, ARway’s mobile app technology offers a cost-effective, user-friendly alternative. Customers can now enjoy seamless in-store navigation with a single scan, accessing a product directory, detailed descriptions, and pinpoint navigation to their desired products with ARway’s advanced spatial accuracy.
This partnership is not only a significant milestone for ARway, marking its entry into the European retail market but also represents a significant leap forward for retail innovation. By integrating AR technology into the shopping experience, Megatek aims to enhance customer satisfaction, reduce time spent in-store, and open new channels for personalized, proximity-based promotions.
Learn more about ARway’s technology for the retail industry, enabling seamless navigation with a single scan and pinpoint precision with every step enabled by ARway’s advanced spatial accuracy. ARway’s technology offers a product directory, product descriptions and navigation to products with pinpoint precision making this a perfect solution for Megatek.
This news follows recent news by ARway announcing a new a paid partner deal with EWROS, a leading developer of automation systems software based out of Turkey. This new partner is another step in ARway.ai’s expansion, aligning with EWROS’s recognized position in the region as a premier automation solutions provider. EWROS becomes an integral part of the ARway ecosystem, licensing ARway’s innovative platform for large-scale projects within the region.
