NXO Nexoptic Technology Corp

VANCOUVER, BC, April 19, 2023 /CNW/ - ("NexOptic") (TSXV: NXO) (OTCQB: NXOPF) (FSE: E3O1) is excited to announce a LIVE demonstration of NexCompress™, the company's proprietary AI for video compression. NexCompress is part of NexOptic's ALIIS^™ suite of artificial intelligence imaging solutions. It enables significant bandwidth reduction of videos while operating either on edge devices, or in the cloud. It is complementary to, and in fact can, supercharge existing CODEC methods currently used by large video streaming companies like Netflix and others. 

This is an open invitation to all interested parties to join NexOptic's VP of AI Technologies, Kevin Gordon, as NexOptic illustrates the novel data compression capabilities of NexCompress. The event is scheduled for April 25, 2023 at 1:15pm PST. It will be broadcast live via YouTube followed by a Q&A session.

"Audiences will see NexCompress in action as it strips unnecessary 'noise' from sample videos in real time, without the need for image processing after-the-fact," says Paul McKenzie, CEO of NexOptic. "Results will be broadcast live. Viewers will be able to compare before and after samples to gauge the bandwidth savings and image quality."

"People recognize the significant role AI-assisted video compression can play in reducing global pressure on internet bandwidth," he adds.

"It can translate to reductions in energy consumption, and cost savings when applied to a variety of different video input scenarios and can be applied to many industries including the colossal video streaming industry."

NexCompress AI is patented and patent-pending.

For further details and to be notified, visit: https://nexoptic.com/live-event/

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 

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SOURCE NexOptic Technology Corp.