Rich Geruson, NexOptic Chairman, Announces Aliis Showcased at Qualcomm’s 5G Summit
June 01 2021 - 12:15PM
NexOptic Technology Corp. (“NexOptic” or the “Company”) (TSX
VENTURE: NXO) (OTCQB: NXOPF) (FSE: E3O1), an innovator in
Artificial Intelligence (AI) for imaging, is pleased to announce
that its intelligent imaging suite ALIIS™ was on showcase at the
Qualcomm 5G Summit 2021 event alongside the new 700-series chipset
for mobile devices: the Snapdragon 778G.
As a Qualcomm Advantage Network member, NexOptic’s Aliis is
integrated onto Snapdragon platforms. The Snapdragon 778G chipset
includes Qualcomm’s cutting-edge 6th Gen Qualcomm Artificial
Intelligence Engine that delivers ultra-fast responses and faster
data transfer between cores, all while maintaining extremely low
power consumption.
This latest Snapdragon chipset is expected to appear in premium
mid-range smartphone offerings from Honor, iQOO, Motorola, Oppo,
and Realme in the second quarter of 2021, giving access to premium
Snapdragon experiences like Aliis to a wider audience.
View the NexOptic Aliis low-light enhancement demo and learn
more about the Snapdragon 778G chipset at the Qualcomm 5G Summit
2021 event
page.https://www.qualcomm.com/company/events/5g-summit
What You Need to Know About ALIIS™ and NexOptic
Technology Corp.
NexOptic is an innovative imaging AI company headquartered in
Vancouver, Canada with operations in Seoul, South Korea, offering a
world-leading AI suite 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 202 Email: look@nexoptic.com
Forward-Looking Statements
This press release contains forward-looking information and
forward-looking statements within the meaning of applicable
securities laws, including, but not limited to, statements with
respect to expectations concerning the development of its
artificial intelligence technologies, and expected results,
specifications, capabilities, and applications thereof. The reader
is cautioned that forward-looking statements are not guarantees of
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
materially from those anticipated in such forward-looking
statements. Forward-looking statements are based on the then
current expectations, beliefs, assumptions, estimates and forecasts
about the business and the industry and markets in which the
Company operates and are qualified in their entirety by the
inherent risks and uncertainties surrounding future expectations,
including, among others: risks commonly associated with the
development of new technologies, including that the Company’s AI
technologies, sport optics product designs and prototype some of
which are at an early stage and additional work may be required to
confirm potential applications and feasibility of its technologies
or bring product designs to market; 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 commercialize its technology; 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. Such forward-looking statements should
therefore be construed considering such factors. Other than in
accordance with its legal or regulatory obligations, the Company is
not under any obligation and it expressly disclaims any intention
or obligation to update or revise any forward-looking statements,
whether because of new information, future events, or
otherwise.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
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