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Microcap & Penny Stocks : NexOptic Technology Corp
NXOPF 0.00300-14.3%10:33 AM EST

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From: togrok5/23/2018 1:24:45 PM
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Smartphone Lens Prototype Achieves “First Light”
Company Provides IP Strategy Update

Vancouver, Canada – May 23, 2018 - NexOptic Technology Corp. ("NexOptic") (OTCQX: NXOPF)
(TSX VENTURE: NXO) (FRANKFURT: E3O1) (BERLIN: E3O1) is pleased to announce that it has
completed preliminary testing on its smartphone lens system. This lens system is one of NexOptic's previously
announced new optical systems and is engineered to impact the rapidly growing, smartphone, telephoto
marketplace.
Darcy Daugela, P.Eng and Chairman of NexOptic stated: “We are all very encouraged by the results our team
has achieved on its first mobile lens demonstration. Imaging capabilities from our desktop testing of the
assembled lens system appear to have met our ambitious design targets.” Mr. Daugela continued: “If we
incorporate industry-standard image processing techniques used in virtually every mobile device, I believe
this lens design can provide unprecedented telephoto capabilities for smartphones and many other consumer
imaging products.”
The testing was completed upon receiving and assembling the Company's custom manufactured lenses from
Diverse Optics of California and consisted of testing the assembled lens system on a desktop. Bar target test
results indicate that the lens provides improved angular resolution when compared to market leading
smartphone telephoto lenses, as it was able to resolve two more bar targets (i.e., 25% better angular resolution)
on the chart than one of the current, top-rated smartphone lenses.
Initial bar target test results from NexOptic’s benchtop prototype indicate that on-axis resolvable targets
(measuring resolution) are nearly identical to simulation values. NexOptic notes that its desktop demonstration
was built to prove the engineering and showcase the technology on a preliminary basis and to refine NexOptic’s
path to a smartphone-based unit. Off-the-shelf sensor configurations and rudimentary image processing
features were used for NexOptic’s initial testing. NexOptic will be engaging an industry-leading, independent
third party to test optical resolution, and looks forward to reporting the ongoing progress of its smartphone
prototype as the Company continues to work towards completing a functional prototype of this lens system.
Intellectual Property Update
NexOptic also reports that, as part of its strategy to protect intellectual property, it continues to file additional
patent applications with the United States Patent and Trademark Office (“USPTO”) in addition to filing in
strategically selected, global jurisdictions.
www.NexOptic.com
Recent provisional patents filed with the USPTO (including ones specific to and related to the mobile lens
stack design) utilize a variety of lens stack designs, all of which differ geometrically from NexOptic’s first
patented lens, with which the Company designed and built its original proof-of-concept (please see NexOptic’s
news release dated June 29, 2017). NexOptic’s original patent, as issued by the USPTO, is now pending in the
following jurisdictions: China, South Korea, Japan, the European Union (including Great Britain) and Canada.
NexOptic continues to expand its Blade Optics™ suite of optical technologies, which it believes will enable
much broader and more dynamic marketing strategies for the Company.

nexoptic.com
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