ARM to Highlight NexOptic’s ALIIS™ on Upcoming Webinar

VANCOUVER, British Columbia, March 30, 2021 (GLOBE NEWSWIRE) -- NexOptic Technology Corp. (“NexOptic” or the “Company”) (TSX VENTURE: NXO) (OTCQB: NXOPF) (FSE: E3O1), an optics and Artificial Intelligence (AI) innovator, announced that it has been selected to highlight its artificial intelligence, ALIIS™ in an upcoming special event webinar as part of ARM’s AI Partner Program. ARM’s webinar will be a live event.

The webinar is an opportunity for NexOptic to reach many of ARM’s global customers and familiarize them with the significant advantages of incorporating Aliis into modern day imaging systems.

NexOptic’s VP of AI Technologies, Kevin Gordon, will lead the event and NexOptic shareholders will also have an opportunity to watch the event live at 8 am PST, April 7, 2021 or view a recording of it after the fact by registering here: https://www.brighttalk.com/webcast/17792/473553

“NexOptic’s AI technology is a perfect fit for ARM’s markets - such as IoT - where its leadership position exposes Aliis’s extraordinary capabilities to exactly the right customers who are best able to leverage it,” explained Rich Geruson NexOptic’s Chairman.

As awareness of Aliis and interest in its capabilities continue to grow, NexOptic remains focused on broadening its customer base through securing more license agreements with OEM’s, expanding the already unique capabilities of Aliis and further fortifying its IP patent protection strategy.

“ARM is increasingly proving themselves to be a terrific partner,” said Paul McKenzie, NexOptic’s CEO. “Today’s announcement represents the beginning of us leveraging this mutually beneficial relationship, and that of our other partners, to amass global name recognition for NexOptic and our artificial intelligence brand, Aliis.”   

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 platform for imaging known as ALIIS™ (All Light Intelligent Imaging Solutions). NexOptic 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, please visit www.nexoptic.com.

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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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