NexOptic Joins NVIDIA Partner Network to Accelerate Edge AI Optics and Imaging Innovation
July 10 2020 - 11:39AM
NexOptic Technology Corp. (“NexOptic” or the “Company”) (TSX
VENTURE: NXO) (OTCQB: NXOPF) (FSE: E3O1), an innovator in optics
and AI, announced that it has joined the NVIDIA Partner Network as
a preferred partner. Collaboration is already underway to leverage
the powerful edge AI advantages of the NVIDIA® Jetson™ platform
with NexOptic’s next-generation ALIIS™ (All Light Intelligent
Imaging Solutions).
NexOptic’s ALIIS delivers superior
all-light performance by enhancing images and video in real time
for edge AI applications. Using the high compute, memory, and
floating-point capabilities of the Jetson platform, NexOptic’s
state-of-the-art image enhancing algorithms can run very fast
inferencing to handle complex image to image tasks and optimize
storage and streaming performance. Benefits include superior
resolution and sharpness with dramatic reductions to image noise
and motion blur, enhancements to long-range image stabilization,
and reduced file size and bandwidth requirements.
NVIDIA Jetson is the leading edge AI computing
platform with a vast global developer base. With support for
cloud-native technologies now available across the full Jetson
lineup, manufacturers of intelligent machines and developers of AI
applications can build and deploy high-quality, software-defined
features on embedded and edge devices targeting robotics, smart
cities, healthcare, industrial IoT and more. The platform includes
small form-factor system-on-modules with GPU-accelerated parallel
processing, the JetPack SDK with developer tools and comprehensive
libraries for building AI applications, and a broad ecosystem of
partners with products and services that accelerate
development.
“Partnering with an edge computing leader like
NVIDIA supports our objective to provide foundational AI layers
into as many camera and complex machine imaging systems as
possible,” said Rich Geruson, NexOptic’s Chairman. “With
NVIDIA’s support, NexOptic is now accessible to more customers and
is well positioned to support our clients’ increasingly complex
application needs across global markets.”
About NexOptic Technology
NexOptic is an innovative imaging company based in Vancouver,
Canada. Its All Light Intelligent Imaging Solutions (“ALIIS™”), is
being optimized for leading hardware platforms for delivery into
numerous markets. NexOptic is also engaged in the development of
its revolutionary sports-optic device DoubleTake as well as mobile
lens solutions. For more information, please visit
www.nexoptic.com. Paul McKenzie Chief Executive
Officer
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 sports-optic device and technology, 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
technology, product designs and prototype are at an early stage and
additional work will be required to confirm potential applications
and feasibility of its technologies or bring product designs to
market; the Company may not be able 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 prototypes and
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 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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