Richard Geruson, NexOptic Chairman Reports, NexOptic Develops Neural Embed Technology: Part of an Expanded ALIIS™ Program
03 September 2021 - 3:00AM
NexOptic Technology Corp. (“NexOptic” or the “Company”) (TSX
VENTURE: NXO) (OTCQB: NXOPF) (FSE: E3O1), an innovator in
cutting-edge Artificial Intelligence (AI) imaging unveiled the
newest offering of its ALIIS™ program today—Neural Embedding AI for
Imaging (“Neural Embedding”)
The technology is processed on-device(s) in real-time,
transforming images and videos into compact machine representations
ready for use by downstream storage and processing. Immediate
use-cases include applications where centrally storing,
transmitting, or processing large amounts of image and video data
is unfeasible but strongly desired. For example, Neural Embedding
can assist in video analytics, where hundreds if not thousands of
cameras produce enormous amounts of video data. Our Neural
Embedding can distill the incoming video data prior to storage and
processing, thereby reducing the total amount of computation
required to accomplish the task and saving time, energy, and
infrastructure costs. “Using highly advanced AI architectures like
this will help Aliis address two significant barriers to
intelligent imaging adoption, computation and training,” said Kevin
Gordon, VP of AI Technologies for NexOptic, adding: “Today’s
announcement brings edge-AI advancements to a wider audience,
empowering our clients to tap into imaging data in ways previously
unimaginable.”
The patent filed around this, NexOptic’s latest AI offering,
also covers imaging pipelines that would use NexOptic’s Neural
Embedding to enhance images and videos or to reduce processing and
storage complexity, as well as ways for it to be incorporated into
larger systems.
Never intended to be a single AI solution, Aliis leverages the
latest advancements in deep learning to provide clients a growing
suite of powerful tools that better all aspects of imaging. This
means that NexOptic clients can effectively select tailor-made
solutions to meet their desired outcomes.
ALIIS is patented and patent pending.
Additional “Significant Shareholder” Update
Further to NexOptic news, August 26, 2021 (and May 25, 2020) the
Company reports that 3DB, Inc., a private Alberta company disclosed
to be co controlled by Darcy Daugela and/or certain family members
and each of John and Darcy Daugela are no longer owners of their
remaining accessible 5,339,537 common shares in NexOptic.
ALIIS™ in a Nutshell
ALIIS™ (All Light Intelligent Imaging Solutions) is a
machine-learning AI suite providing instant enhancement to images
and videos in the areas of edge processing, shutter speed,
resolution and sharpness, image-noise and motion-blur, and image
colour and detail. These patented and patent pending solutions can
be integrated with imaging devices such as smartphones, smart
security cameras, Internet of Things (IoT) devices, automotive
platforms, medical imaging technologies, DSLR cameras and more.
Additionally, Aliis does all of this while compressing data and
reducing media file size, making it ideal for the storage and
transmission of image data.
Qualcomm included Aliis in the press kit for its 5G Summit 2021
announcing the new 700-series chipset for mobile devices: the
Snapdragon 778G, and a recent webinar hosted by ARM and their
Senior AI Ecosystem Manager set a live global audience attendance
record. For more information, visit www.nexoptic.com/aliis.
What You Need to Know About NexOptic
NexOptic is an innovative imaging AI company headquartered in
Vancouver, Canada with operations in Seoul, South Korea, offering
world-leading patented and patent pending AI solutions for imaging
known as ALIIS™ (All Light Intelligent Imaging Solutions). NexOptic
simultaneously influences the imaging and AI industries and is a
Preferred Partner in the NVIDIA Partner Network, a member of the
Arm® AI Partner Program, and a member of the Qualcomm® Platform
Solutions Ecosystem. For more information, visit
www.nexoptic.com.
Media and Investor Enquiries
Tel: +1 (604) 669-7330 x 202Email: look@nexoptic.com
Forward-Looking Statements
This press release contains forward-looking information and
forward-looking statements within the meaning of applicable
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respect to expectations concerning the development of its
artificial intelligence technologies, and expected results,
specifications, capabilities, and applications thereof. The reader
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future performance and involve known and unknown risks,
uncertainties, assumptions, and other factors which are difficult
to predict and that may cause actual results or events to differ
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about the business and the industry and markets in which the
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including, among others: risks commonly associated with the
development of new technologies, including the Company’s AI
technologies, sport optics product designs and additional work may
be required to confirm potential applications and feasibility of
such technologies or for the successful commercialization of its
offerings; the Company may not be able to complete product
development as currently expected; potential applications of the
Company’s technology are based on limited studies and may not be
representative of the broader market; the risk that all designs may
not achieve expected results; the Company may not be able to reach
commercial success; the Company may not be able to source
components for some of its products on a cost-effective basis; the
Company may not have access to necessary financing on acceptable
terms or at all; pending or future patent applications may not be
approved as contemplated or at all; and other risks inherent with
technology and product development and the business of the Company.
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considering such factors. Other than in accordance with its legal
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and it expressly disclaims any intention or obligation to update or
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information, future events, or otherwise.
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