| Richard  Geruson, NexOptic Chairman, Announces Newly Issued Patent, Another  Milestone in NexOptic’s Broad Technology Strategy and Business Roadmap 			 		 		 			 			October 1, 2021 
 VANCOUVER, British Columbia, October  1, 2021 (GLOBE NEWSWIRE) – NexOptic Technology Corp. (“NexOptic” or the  “Company”) (TSX VENTURE: NXO) (OTCQB: NXOPF) (FSE: E3O1), an innovator  in cutting-edge patented and patent pending Artificial Intelligence (AI)  announces that it is making significant tangible progress in the  development, refinement, and deployment of new AI technologies, adding  to its revolutionary AI imaging pipeline, ALIIS™
 
 “As we drive our existing technologies  closer to broad commercialization,” said Richard Geruson, Chairman of  NexOptic, “we are executing our plan of staying at the forefront of  what’s possible by continuing to deliver new AI capabilities for imaging  before others even imagine it.”
 
 The United State Patent and Trademark  Office (USPTO) has issued Patent No. 11,132,771 titled “Bright Spot  Removal Using a Neural Network.” This patent is the second in a rapidly  expanding family of IP covering the Company’s AI technologies. Building  AI that is unique, effective, and patentable remains centre stage for  the Company as it continues working on even newer cutting-edge solutions  for integration into its ALIIS™ brand. Closely working with its Silicon  Valley IP attorneys, the Company expects to be able to announce several  new revolutionary technologies over the course of the next few months.  ALIIS™ is also currently undergoing in-depth evaluations by a variety of  potential end users (clients) and NexOptic is opening new global  distribution networks that it anticipates being able to announce also in  the near term. And finally, NexOptic is creating even closer working  relationships with several of the world’s leading semiconductor  companies from which more advanced integration and more joint marketing  initiatives are anticipated.
 
 ALIIS™ in a Nutshell
 
 ALIIS™ (All Light  Intelligent Imaging Solutions) is a machine-learning AI suite providing  instant enhancement to images and videos in the areas of edge  processing, shutter speed, resolution and sharpness, image-noise and  motion-blur, and image colour and detail. These patented and patent  pending solutions can be integrated with imaging devices such as  smartphones, smart security cameras, Internet of Things (IoT) devices,  automotive platforms, medical imaging technologies, DSLR cameras and  more. Additionally, Aliis does all of this while compressing data and  reducing media file size, making it ideal for the storage and  transmission of image data.
 
 Qualcomm featured Aliis in its 5G  Summit 2021 press kit announcing the new 700-series chipset for mobile  devices: the Snapdragon 778G, and a recent webinar hosted by ARM and  their Senior AI Ecosystem Manager set a live global audience attendance  record. Ongoing marketing support from our partners is anticipated. For  more information, visit  www.nexoptic.com/aliis.
 
 What You Need to Know About NexOptic
 
 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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