Price Increases Being Driven by Growing Global Demand for Spatial Computing, Indoor Navigation & Location Based AR Experiences

TORONTO, ON, Canada – March 6  – 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 the launch of its new pricing structure and brand new website, www.arway.ai. ARway is redefining the way developers and businesses interact with spatial computing and augmented reality technology, providing more robust solutions at valuable rates.

ARway has experienced significant growth and is anticipating upcoming expansions in the Company’s Developer subscriptions and partnerships. As of now, ARway.ai proudly hosts 51 SaaS subscription accounts. The ARway platform continues to gain traction among tech enthusiasts, evident from the 3,700+ Starter Plan (Free Trial) users, who present a potential upgrade to the Developer Plan

Furthermore, ARway.ai has over 250 monthly active users (MAU), with high potential for Developer Plan conversions. In addition to the growing user base, ARway.ai has solidified relationships with 7 paid partners and has 7 more prospective partnerships in the pipeline. This growth underscores the Company’s commitment to providing exceptional value and fostering a strong developer community within the ARway ecosystem.

New Developer Plan Pricing

ARway.ai has introduced new developer pricing designed to not only provide developers with greater flexibility but also to provide increased revenue for the Company. These adjustments come in response to the increase in demand from around the globe for the Company’s Developer Plan in 2024.

• • Monthly Plan: Available at $199 per month, ($2338 annually). This plan is tailored for developers seeking short-term, flexible access to ARway.ai’s comprehensive suite of tools. Customers can save 15% if they pay 12 months in advance. 
  • Pilot Plans
    • Pilot – Basic: Available at $10,000 per project. Tailored for developers and agencies for an out-of-box deployment at one location.

• Pilot – Plus: Available at $18,000 per project. Packaged for ready-to-deploy projects with full ARway functionality and white glove support. 

Reasons for Pricing Changes

The new pricing structure is due to increased demand and also a result of the recent enhancements to the ARway platform, including:

• New SDK: Featuring more finely tuned deployment timelines, allowing developers to leverage the benefits of our system more rapidly and efficiently. 
• Increased Demand: The growing interest in our Developer Plan throughout 2024 has prompted us to adapt our offerings to better meet our users’ needs. 
• Enhanced Product Offering: The Developer Plan now includes multi-floor navigation and options for custom branding, providing a stronger, more versatile product offering.

State-of-the-Art Website

Alongside the new pricing, ARway.ai is proud to unveil its completely redesigned website. The new site features an intuitive, user-friendly interface, showcasing our advanced AR solutions and providing easy access to our range of products and services.

Visit the new website – click here

Bonus Shares

The Company also announces that it has issued a total of 87,719 Common Shares to employees/consultants of the Company in lieu of payment for amounts owing for services rendered to the Company (the “Share Settlements”).  The Common Shares issued pursuant to the Share Settlements were issued at prices of CAD$0.57 and subject to the statutory four month hold period under applicable securities laws in Canada.