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   Microcap & Penny StocksNexOptic Technology Corp


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From: togrok8/27/2019 2:15:57 PM
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DoubleTake™ Production Update August 27, 2019

Vancouver, Canada – August 27, 2019 NexOptic Technology Corp. (“NexOptic”or the “Company”) (TSX VENTURE: NXO) (OTCQB: NXOPF) (FRANKFURT: E3O1) announced today that final design upgrades have been made to DoubleTake™, its multi-award-winning binoculars, and production of key components is now underway.

Staying true to NexOptic’s goal of creating the world’s most innovative imaging products, DoubleTake’s upgrades include a significant enhancement to its primary lens, which will now be built without any plastic lens components and will contain extra-low dispersion optical glass.

“DoubleTake’s upgraded lens ensures that we will better meet the stringent requirements of today’s outdoor adventurers, live sports fans, and discerning photographers,” said Rich Geruson, Chairman of NexOptic. “Our new precision, high-magnification lens enables brilliant, bright images, high contrast color reproduction, and high detail resolution without increasing size or affecting magnification capabilities.”

Other enhancements to DoubleTake include:

  • The rugged, water resistant housing has been redesigned to accommodate a new, changeable/rechargeable custom NexOptic battery without increasing its dimensions.
  • NexOptic batteries can be recharged while the device is stationary, in use, or in a NexOptic charging station.
  • A lens hood has been created to ensure screen shade under bright light.
  • The viewing screen is approximately 20% brighter; the new screen design is complete and tooling for it has commenced.
  • Grip ergonomics have been improved.
A line of product-enhancing accessories will also be made available to consumers when DoubleTake launches later this year. This includes travel accessories, custom battery chargers, and more. These product upgrades and accessories are a result of NexOptic’s ongoing proactive outreach to, and feedback from, consumers.

Manufacturing of the first optical prototypes is underway, after which an initial production run will commence to confirm that NexOptic’s quality standards are being met, and scaled production increases will follow.

To expedite the final stages of DoubleTake’s development, NexOptic collaborated with a US-based project management firm. Its mandate is to oversee all production stages, and, to date, has validated the industrial design, mechanical engineering, electrical engineering, optical engineering, PCB layout, software, firmware, apps, tooling, and packaging.

The firm has extensive experience in manufacturing and photo-electronics as well as strategic insight into various sales and marketing options. In the forthcoming delivery phase, the firm can also cover the completion of all required documents and certifications in addition to final quality control (QC) inspections and acceptance quality level (AQL) standards that are applied to final QC including a full range of functional, environmental, drop testing, and more including: packaging, UPC scan, export documentation, air/ocean forwarding, foreign trade zone and other logistics support to help move finished product to global destinations.

The following features continue to be key components of DoubleTake:

  • Shock and water resistant
  • Full remote control and viewfinder from iOS and Android smartphones
  • Route and image location mapping with GPS waypoints
  • Date, time, weather, moon phase, wind condition records
  • Image notes

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From: togrok9/16/2019 10:57:59 AM
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“Dramatic leaps in NexOptic’s AI,” explains Chairman Rich Geruson, “radically enhances the image processing capability of chips.”

September 16, 2019

Vancouver, Canada – September 16, 2019 NexOptic Technology Corp. ("NexOptic" or the "Company") (TSX VENTURE: NXO) (OTCQB: NXOPF) (FRANKFURT: E3O1) announced that it has significantly optimized and broadened its suite of artificial intelligence (“AI”) offerings.

NexOptic’s Advanced Low Light Imaging Solution (“ALLIS™”) drastically reduces image noise problematic to all camera systems. ALLIS’s noise reduction enables real-time correction of images or video taken in otherwise non-optimal lighting conditions, and media files can be streamed or stored more efficiently. Other ALLIS benefits include improvements to downstream applications, such as computational photography and facial recognition.

Since its introduction in May 2019, ALLIS’ capabilities have been improved as follows:

  • A more than 200% reduction to its prior computational requirements
  • An approximate 100 times reduction to its file size
  • A significant increase in the number of ALLIS-enabled image sensors
ALLIS can therefore be deployed into smaller imaging devices such as smartphones, tablets, and security cameras. The quantity of leading image sensors that can already be ALLIS-enabled has grown fivefold. Designed to be compatible with virtually all image sensors, the number of camera systems that could ultimately be ALLIS-enabled is expected to grow exponentially.

The most efficient way for NexOptic to gain a major foothold in the optics industry is to integrate and distribute ALLIS through semiconductor sales. “ALLIS’s increased efficiencies have allowed us to become highly selective in whose semiconductors we will be supporting going forward.” said Rich Geruson, Chairman of NexOptic. “These options should enable NexOptic to receive better industry-wide acceptance of ALLIS.”

In preparation for distribution into consumer and industrial imaging devices, NexOptic has been meeting with leading imaging and AI semiconductor manufacturers. NexOptic will initiate sales directly thereafter and/or partner with select leading semiconductor companies.

NexOptic’s growing AI team is in Edmonton, Alberta and is headed by its VP of AI Technologies, Kevin Gordon. Edmonton is also home to a division of Alphabet’s DeepMind and Amii, the Alberta Machine Intelligence Institute.

“I’m excited about the impressive solutions that NexOptic’s team can now offer to the entire optics industry,” Mr. Gordon said. “Edmonton has become a burgeoning and influential global AI hub, which is why we’ve been able to assemble such a strong team, and we look forward to growing our team and our suite of NexOptic products.”

NexOptic AI will soon be expanding beyond ALLIS and the Company will introduce some of these new AI offerings in forthcoming news releases. All NexOptic AI solutions are patent pending.

Media and Investor Enquiries

Tel: +1 (604) 669-7330 x 202 look@nexoptic.com

TSX-V: NXO OTCQX: NXOPF Frankfurt: E3O1

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From: togrok10/3/2019 1:45:54 AM
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NexOptic to Reprice Warrants October 1, 2019

Vancouver, Canada – October 1, 2019 NexOptic Technology Corp. ("NexOptic" or the "Company") (TSX VENTURE: NXO) (OTCQB: NXOPF) (FRANKFURT: E3O1) announced it intends to amend the terms of certain NexOptic share purchase warrants originally issued on August 24, 2017, as part of a private placement (the “Warrants”). The Warrants expire on February 23, 2020.

The Company wishes to reduce the exercise price of the Warrants from $1.50 to $0.45 subject to the approval of the TSX Venture Exchange. The amendment will require the incorporation of an accelerated expiry provision such that the remaining exercise period of the warrants will be reduced to 30 days if, for any 10 consecutive trading days during the unexpired term of such of the warrants, the closing price of the corporation's common shares exceeds the amended exercise price by 25% or more (which would be a trading price of $0.56 per common share or higher), with the 30-day expiry period commencing on the day the corporation either: (i) disseminates a press release or (ii) sends a written notice to the holders of the warrants, advising of the commencement of the exercise period.

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From: togrok11/20/2019 11:21:42 AM
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NexOptic to Launch DoubleTake™ at CES 2020 in Early January




Discussions with Potential Multi-National Partners for ALLISTM Commercialization Ongoing

Vancouver, Canada – November 20, 2019 – NexOptic Technology Corp. (“NexOptic”or the “Company”)(TSX VENTURE: NXO) (OTCQB: NXOPF) (FRANKFURT: E3O1) is pleased to provide the following update regarding DoubleTakeTM, its multi-award winning, reimagined binoculars, as well as NexOptic’s Advanced Low Light Imaging System (“ALLISTM”).

DoubleTake

NexOptic will be premiering fully operational DoubleTake prototypes at the 2020 Consumer Electronics Show (CES) from January 7 to 10 in Las Vegas, with scaled production to begin shortly thereafter. The launch was delayed to accommodate further upgrades to the product. Changes beyond previously announced upgrades include DoubleTake’s primary lens design and the addition of a removable battery.

“You never get a second chance to make a first impression,” said Rich Geruson, NexOptic’s Chairman. “That’s also true when it comes to launching a new product. We made the right decision to take some extra time to fine-tune everything and, with the final major upgrades, I’m confident DoubleTake will impress CES visitors and potential customers.”

DoubleTake’s two image sensors and its Digital Image Processor (“DSP”) have been upgraded to latest-generation offerings from Sony Corp. and Ambarella Inc., enabling more efficient imaging with the added benefit of significantly lower power draws from DoubleTake’s custom battery. The result is a better user experience for photographers and outdoor enthusiasts alike. Production continues on key DoubleTake components in preparation for near term, high-volume assembly. Tooling for DoubleTake’s newly redesigned, patent-pending signature lens, pivotal to the efficiency and uniqueness of the product, is nearing completion.

DoubleTake’s companion app is in its final stages of development. The highly comprehensive app will enhance the user’s experience as well as create unique social integration opportunities for individuals sharing similar interests locally or globally.

Beyond previously released DoubleTake updates, NexOptic has added new features including a manual mode, so experienced users can have complete control of depth of field and other adjustments. An intuitive three-button panel that controls shutter/power, lens switch/mode, and focus +\- replaces the earlier design. Users will have options depending on preference. These features will also be operational from the DoubleTake app.

ALLIS

NexOptic is engaged in ongoing discussions with several large multinational imaging and semiconductor companies interested in pursuing a variety of commercialization and/or collaborative relationships regarding the Company’s Advanced Low Light Imaging System. The Company is encouraged by the interest that ALLIS is receiving and will report to shareholders when any arrangements are formalized.

Milestone testing recently completed by NexOptic’s engineers showed a 430% improvement in success rate when using a leading commercial image classifier. This achievement supports the dramatic impact ALLIS can have on AI systems used ubiquitously in the mobile, security, and automotive industries, especially those specializing in object classification, facial recognition, image segmentation, and other cutting-edge computer vision applications.

With ALLIS, images captured by virtually any image sensor have exceptional reductions in image noise and enhanced overall image quality. The result is measurable improved performance to any imaging system.

ALLIS offers an instant low light solution for mobile and embedded applications; its software suite has been carefully designed for immediate licensing opportunities to OEMs wanting the latest in AI-enabled imaging solutions running on modern semiconductor technologies. ALLIS is patent-pending technology with additional claims being filed as required.

“In these last few weeks, we’ve advanced discussions with several large corporations. We’re now solidifying opportunities for ALLIS’s commercial success,” said Paul McKenzie, CEO of NexOptic.

About NexOptic Technology Corp.

NexOptic is an innovative optical development company, which aims to enhance the way we view the world around us. The Company is preparing to launch DoubleTake, its multi-award winning, reimagined binoculars designed to disrupt the growing outdoor recreation market. DoubleTake utilizes NexOptic’s high magnification lenses for a state-of-the-art digital experience. NexOptic is also working to commercialize its ground-breaking artificial intelligence (“AI”) for imaging as well as exploring opportunities for its innovative mobile lens designs.

Utilizing Blade Optics™, the Company’s developing suite of optical technologies now includes AI, NexOptic can increase aperture sizes within given depth constraints of various imaging applications to improve diffraction-limits and resolution. NexOptic’s AI drastically reduces image noise and motion blur common in poor lighting environments. Besides enhancing image quality, NexOptic’s AI can be used to improve long-range image stabilization and image capture in otherwise difficult lighting conditions.

Blade Optics refers to NexOptic’s lens designs, algorithms, and mechanics, which vary from patented to patent-pending, and includes all the Company’s intellectual property and know-how. More information is available at www.nexoptic.com.

Media and Investor Enquiries

Tel: +1 (604) 669-7330 x 202

Email: look@nexoptic.com

nexoptic.com


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From: togrok12/6/2019 12:15:45 PM
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NexOptic Shareholders Support all Resolutions at its Annual and Extraordinary General Meeting December 6, 2019

Vancouver, Canada – December 6, 2019 - NexOptic Technology Corp. (“NexOptic” or the “Company”) (TSX VENTURE: NXO) (OTCQB: NXOPF) (FRANKFURT: E3O1) reports a total of 381 shareholders voted at the Company’s Annual and Extraordinary General Meeting held on December 3, 2019, showing overwhelming support for all resolutions set by the Company.

“We are grateful for the strong support entrusted to us by NexOptic stakeholders,” said Paul McKenzie, President and CEO. “Our teams have made remarkable progress preparing our artificial intelligence for industry integration. Combined with DoubleTake’s™ upgraded total redesign, we have set the stage for a very promising 2020.”

As previously disclosed on April 24, 2019, NexOptic Director Karen Fleming took a medical leave of absence from the Company. Ms. Fleming subsequently chose to not put herself up for re-election to the Board of Directors at the meeting held December 3rd, 2019.

“We would like to thank Karen for her leadership and the depth of corporate governance experience she has provided to the Board. We wish her the best,” Chairman Rich Gerson said.

About NexOptic Technology Corp.

NexOptic is an innovative optical development company, which aims to enhance the way we view the world around us. The Company is preparing to launch DoubleTake, its multi-award winning, reimagined binoculars designed to disrupt the growing outdoor recreation market. DoubleTake utilizes NexOptic’s high magnification lenses for a state-of-the-art digital experience. NexOptic is also working to commercialize its ground-breaking artificial intelligence (“AI”) for imaging as well as exploring opportunities for its innovative mobile lens designs.

Utilizing Blade Optics™, the Company’s developing suite of optical technologies now includes AI, NexOptic can increase aperture sizes within given depth constraints of various imaging applications to improve diffraction-limits and resolution. NexOptic’s AI drastically reduces image noise and motion blur common in poor lighting environments. Besides enhancing image quality, NexOptic’s AI can be used to improve long-range image stabilization and image capture in otherwise difficult lighting conditions.

Blade Optics refers to NexOptic’s lens designs, algorithms, and mechanics, which vary from patented to patent-pending, and includes all the Company’s intellectual property and know-how. More information is available at 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 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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From: togrok12/12/2019 9:31:43 PM
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Consumer Devices Ready to Revolutionize the Optics Industry
Joseph Keller - December 11th, 2019


Improvements in artificial intelligence, chip hardware and camera technology are coming together to offer new optical devices with impressive capabilities.

Increasingly sophisticated camera hardware is becoming more affordable at the consumer level, offering new possibilities to those without technical expertise. This tech is now being married with state-of-the-art artificial intelligence and machine learning software to create new consumer-grade optical products while giving established devices new capabilities.
The average western consumer has had a camera device in their pocket for well over a decade now, and the evolution of that camera over just ten years shows just how far consumer optical technology has come. The iPhone 3GS was released in 2009 and came with a three-megapixel camera capable of shooting at 480p and video at 30 fps. Fast forward ten years and the iPhone 11 now boasts a 12-megapixel camera with optical image stabilization capable of shooting 4k video at up to 60 fps. Today’s consumer-level smartphone cameras are now capable of rivaling some of the professional-grade equipment from a decade ago. Small-sized high-quality camera components can now be mass-produced at a low enough cost to put a high-quality camera in the average consumer’s hand.

Improvements in camera technology are pushing the optics industry forward, creating new devices with impressive visual capabilities.

Increasingly sophisticated camera hardware is becoming more affordable at the consumer level, offering new possibilities to those without technical expertise. This tech is now being married with state-of-the-art artificial intelligence and machine learning software to create new consumer-grade optical products while giving established devices new capabilities.

The average western consumer has had a camera device in their pocket for well over a decade now, and the evolution of that camera over just ten years shows just how far consumer optical technology has come. The iPhone 3GS was released in 2009 and came with a three-megapixel camera capable of shooting at 480p and video at 30 fps. Fast forward ten years and the iPhone 11 now boasts a 12-megapixel camera with optical image stabilization capable of shooting 4k video at up to 60 fps. Today’s consumer-level smartphone cameras are now capable of rivaling some of the professional-grade equipment from a decade ago. Small-sized high-quality camera components can now be mass-produced at a low enough cost to put a high-quality camera in the average consumer’s hand.

NexOptic Technology Corp. (TSXV: NXO, OTCQB:NXOPF, FWB:E3O1) plans to rapidly change the face of the growing multi-billion-dollar optics industry. Send me an Investor Kit
Improvements in camera technology have not been confined to smartphones. The development of low-cost, high-quality camera hardware has enabled the proliferation of dedicated special-purpose camera devices like the GoPro, 360-degree cameras like the Orbi and a variety of camera-mounted drones. Outside of the photography realm, increasingly sophisticated digital optical devices are being integrated into gaming devices, automobiles and more.

The evolution of consumer-grade camera hardware is only half of the story for digital optic innovation. Manufacturers can outfit their devices with increasingly high-quality lenses and sensors, however, these upgrades inevitably hit a point of diminishing returns. A traditional camera simply captures an image and leaves it up to a human viewer to interpret what the image shows, but an AI-driven device is able to analyze and interpret visual data from that photograph. Artificial intelligence is now capable of processing and re-organizing the visual data it receives, presenting a quality photo that was previously technologically impossible.

Camera technology incorporating AI Google (NASDAQ: GOOGL), unsurprisingly, has been at the forefront of artificial intelligence and digital optics development. In 2018 with the launch of the company’s Pixel 3 phone, Google debuted ‘Night Sight,’ a camera mode that allows users to take perfectly lit photos in almost complete darkness. Google achieved this with a machine learning algorithm that has learned to artificially ‘complete’ images using the available information. The Pixel 4 took this same concept in another direction, using the shaking of the user’s hand when taking photos from long distances to capture multiple angles of a subject. The AI then uses that information to construct a clearer image than the lens and sensor alone would have been able to create.

Canadian technology company NexOptic Technology Corp. (TSXV: NXO, OTCQB:NXOPF, FWB:E3O1) has developed its own artificial intelligence platform called ‘ALLIS’ (Advanced Low Light Imaging System) for shooting high-visibility photos in low-light situations. To shoot a digital photo in low light, the sensor needs to be adjusted to be more sensitive to light, which reduces the sensor’s accuracy and results in a grainy or ‘noisy’ image. The level of sensitivity is referred to as ISO. ALLIS is able to ‘repair’ high-ISO images based on how the AI algorithm interprets what the image should look like. ALLIS can work on small imaging devices like tablets and smartphones. In addition to consumer and professional photography applications, ALLIS could be useful for low-light facial recognition or object classification applications.

NexOptic intends to integrate ALLIS into future versions of its own unique consumer-grade optical device, DoubleTake. The company’s DoubleTake device combines the long-range video and photography capability of a DSLR camera outfitted with a telephoto lens, with the usability of a smartphone camera. The device features an array of lenses (not unlike those within a telescope, but much smaller) to create a focal length equivalent to 423 millimeters, combined with AI image correction to capture 4K video from a long distance. Rather than using a viewfinder, DoubleTake features a smartphone-like touch screen interface and can also be cast in real-time to smartphones and other mobile devices. NexOptic plans to launch the DoubleTake in early 2020 for a price in the neighborhood of US$1500, making the device competitive in price with traditional telephoto lenses for DSLR cameras.

“One of our core objectives is to become a major fixture in the growing sports optics and sports camera markets,” said NexOptic Technology Corp. Chairman Rich Geruson. “The interest in DoubleTake continues to grow even before consumers have had a chance to experience it for themselves. I’m excited to get DoubleTake to them in the nearest timeline possible.”

The greater quality and lower cost of high-quality optical components are allowing for the invention of new and unique optical products. 360-degree cameras are already widely available, and product developers are searching for new and unique applications for the technology for niche markets. Consumer technology company Orbi Prime, for example, has developed 360 camera tech into a pair of sunglasses that act as a hands-free camera. Orbi has also taken the same concept and put it into a football helmet capable of giving fans a 360-degree view of on-field action.

Beyond photography, one of the clearer applications for AI smart cameras is in the world of home and business security. A security camera equipped with AI software could be used to apply facial recognition to identify when someone other than the occupant enters the premises, or it could warn a shop owner when a person previously identified as a shoplifter enters a store. Beyond facial recognition, smart camera AI systems can be taught to identify signs of suspicious behavior and alert home or business owners accordingly. This type of functionality is already being integrated into consumer-grade security systems. Security technology companies like Axis Communications see AI functionality as a big part of the future of security and are working to develop surveillance systems that utilize this technology.

Takeaway Consumer optical devices can now do more than ever before. Artificial intelligence, in particular, is allowing product developers to get more out of camera sensors so that these devices become more than the sum of their parts. As high-quality optical devices become more accessible for the average consumer, there’s more room for innovative technology companies to develop unique and groundbreaking products.

investingnews.com

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From: togrok1/6/2020 1:14:06 PM
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NexOptic Director Braun Resigns to Join JPL Executive Team; And Corporate Update December 24, 2019

Vancouver, Canada – December 24, 2019 - NexOptic Technology Corp. (“NexOptic” or the “Company”) (TSX VENTURE: NXO) (OTCQB: NXOPF) (FRANKFURT: E3O1) wishes to thank as well as congratulate Bobby Braun, who is resigning from all of his for-profit board appointments in order to join the executive leadership team at NASA's Jet Propulsion Laboratory in January 2020.

“Our Board and our Company have benefited greatly from Bobby’s experience, his leadership, and his passion for innovation and technology,” said NexOptic Chairman Rich Geruson. “We wish him the very best at JPL.”

Braun served on NexOptic’s Board since June 2018; his resignation is effective today.

"The coming year is the right time for me to get back into aerospace, my first true passion," said Braun. “I’m grateful to my colleagues on NexOptic’s Board and remain excited about the next chapters at NexOptic.”

Advancements made to NexOptic’s DoubleTake™ primary lens within the past eight months are significant. Engineered with a circular aperture, the upgraded patent-pending lens that we announced August 27, 2019 is of comparable size yet substantially outperforms the project’s previous lens, is more cost-effective, more reliable, and it is now made without plastic components.

The Company sees its economic future not only in the multi-award winning DoubleTake, but in a succession of high-quality consumer imaging products. Equally, it sees its future profit-making potential in its patent-pending artificial intelligence offerings for imaging.

NexOptic will debut DoubleTake at CES Unveiled Las Vegas on January 5, where members of the global tech media will be the first in the world to experience DoubleTake. DoubleTake will then be showcased at the Consumer Electronics Show, from January 7-10, also in Las Vegas, Nevada.

Non-Cash Impairment Charge

The Company announces that it has determined not to make further investments or pursue its initial square aperture and prism lens designs after reviewing the costs, benefits, and feasibility of commercializing such technology. Such technology comprised NexOptic’s initial technology, which the Company acquired in 2017. In terms of quality, performance, manufacturability, and cost, NexOptic’s latest lens offerings are far more desirable to consumers and industry partners alike. The Company has determined to focus its efforts on its core DoubleTake system as well as its artificial intelligence and software capabilities. As a result, the Company expects to recognize a non-cash impairment charge of approximately $45 million against its 2019 year-end financial statements in relation to the patent acquired in 2017. NexOptic continues to move forward with its immediate and long-term strategy, advancing its core existing lens systems and expanding its portfolio of patent-pending lenses and artificial intelligence technologies.

About NexOptic Technology Corp.

NexOptic is an innovative optical development company, which aims to enhance the way we view the world around us. The Company is preparing to launch DoubleTake, its multi-award winning, reimagined binoculars designed to disrupt the growing outdoor recreation market. DoubleTake utilizes NexOptic’s high magnification lenses for a state-of-the-art digital experience. NexOptic is also working to commercialize its ground-breaking artificial intelligence (“AI”) for imaging as well as exploring opportunities for its innovative mobile lens designs.

The Company’s developing suite of optical technologies now includes AI, NexOptic can increase aperture sizes within given depth constraints of various imaging applications to improve diffraction-limits and resolution. Besides enhancing image quality, NexOptic’s AI drastically reduces image noise and motion blur common in poor lighting environments. More information is available at www.nexoptic.com.

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From: togrok1/6/2020 1:15:32 PM
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NexOptic Debuts DoubleTake™ with Innovative New Lens at CES Unveiled 2020, Las Vegas Jan 6, 2019

Vancouver, Canada – January 6, 2019 - NexOptic Technology Corp. (“NexOptic” or the “Company”) (TSX VENTURE: NXO) (OTCQB: NXOPF) (FRANKFURT: E3O1) announced that DoubleTake™, with its innovative new lens design, made its successful debut yesterday at CES Unveiled, the official media event of the Consumer Electronics Show (CES) 2020 in Las Vegas, Nevada.

Global tech journalists were among the first in the world to experience the award-winning DoubleTake and its innovative 10X optical and 2.5X optical lens systems. DoubleTake uniquely can change perspectives instantly, which can then be photographed or videoed, and shared with one touch Social Media upload. The large, high-resolution screen means that spectacular views can be enjoyed alone or with family and friends.

“The great outdoors or a rock concert are better suited than a Las Vegas conference hall to showcase DoubleTake’s exceptional imaging quality and ruggedness, but we’re thrilled to unveil this product anywhere,” said NexOptic’s CEO, Paul McKenzie. “We’re excited to get DoubleTake into the hands of as many of the world’s adventurers, photographers, and travelers as quickly as we can.”

Piggybacking on the production steps required to deliver DoubleTake prototypes on time for CES 2020 means that high-volume assembly initiatives are also nearing completion. Tooling for DoubleTake’s major components is finished, including its new patent-pending 10X optical lens with circular aperture. Bulk ordering of next generation image sensors and DSPs is also underway. Production initiatives will increase in line with image tuning, quality assurances and product testing.

Water and shock resistant, DoubleTake also features a proprietary algorithm that controls auto focus with manual focus override for more specific compositions. Images and 4k video can be stored on the micro SD card or in the cloud via NexOptic’s Smart Phone app. The app includes a comments section, GPS tracking, weather details, and image caching along with Social Media upload. The rugged design incorporates an IP 67 waterproof housing, waterproof power connection, and waterproof access hatches.

NexOptic remains in Las Vegas for CES 2020, which starts Tuesday and continues through Friday. In addition to DoubleTake, NexOptic is highlighting ALLIS™ (Advanced Low Light Imaging Systems), its artificial intelligence offerings.

About NexOptic Technology Corp.

NexOptic is an innovative optical development company, which aims to enhance the way we view the world around us. The Company is preparing to launch DoubleTake to the public, its multi-award winning, reimagined binoculars designed to disrupt the growing outdoor recreation market. DoubleTake utilizes NexOptic’s high magnification lenses for a state-of-the-art digital experience. NexOptic is also working to commercialize its ground-breaking artificial intelligence (“AI”) for imaging as well as exploring opportunities for its innovative mobile lens designs.

The Company’s developing suite of optical technologies now includes AI, NexOptic can increase aperture sizes within given depth constraints of various imaging applications to improve diffraction-limits and resolution. Besides enhancing image quality, NexOptic’s AI drastically reduces image noise and motion blur common in poor lighting environments. More information is available at www.nexoptic.com.

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From: togrok1/16/2020 11:03:42 AM
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NexOptic’s ALLIS and DoubleTake Shine at CES 2020 DoubleTakeTM selected amongst the best products at CES by The Paley Center;

NexOptic anticipates closing strategic partnerships for ALLIS™ beginning Q1

January 16, 2020

Vancouver, Canada – January 16, 2020 - NexOptic Technology Corp. (“NexOptic” or the “Company”) (TSX VENTURE: NXO) (OTCQB: NXOPF) (FRANKFURT: E3O1) announced that its patent-pending artificial intelligence offering, ALLIS™ (“Advanced Low Light Imaging Solution”) attracted significant attention from a number of multinational imaging and semiconductor companies during private meetings at CES 2020 in Las Vegas. NexOptic anticipates closing strategic partnerships with several of these organizations beginning in Q1 of this year.

The Paley Center for Media also short-listed DoubleTake™ among the 13 best products at this year’s CES, and Forbes selected DoubleTake as one of the “Five Coolest Travel Gadgets at CES 2020.”

The Paley Center will include DoubleTake in its selection of the best products from CES 2020 to share at its exclusive members and invited guests-only event in New York on Thursday, January 16. NexOptic team members will be on-hand to introduce the award-winning product to media and key industry executives.

“The industry’s enthusiastic reception for ALLIS at CES confirmed our expectations for this ground-breaking AI and justified all the hard work of our developers and team,” said Paul McKenzie, CEO of NexOptic. “We look forward to sharing more news soon on the AI front, and we are also currently negotiating distribution and marketing agreements for DoubleTake.”

Founded in 1975, The Paley Center for Media has become an American cultural institution. They’re dedicated to the discussions of the cultural, creative, and social significance of TV, radio, and emerging platforms for the professional community and media-interested public.

Click here to read more on Forbes’ five coolest travel gadgets.

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