| Richard Geruson, NexOptic Chairman Reports, NexOptic Develops Neural Embed Technology: Part of an Expanded ALIIS™ Program 			 		 		 			 			September 02, 2021 
 VANCOUVER, British Columbia, September 02, 2021 (GLOBE NEWSWIRE) –  NexOptic Technology Corp. (“NexOptic” or the “Company”) (TSX VENTURE:  NXO) (OTCQB: NXOPF) (FSE: E3O1), an innovator in cutting-edge Artificial  Intelligence (AI) imaging unveiled the newest offering of its ALIIS™  program today—Neural Embedding AI for Imaging (“Neural Embedding”)
 
 The technology is processed on-device(s) in real-time,  transforming images and videos into compact machine representations  ready for use by downstream storage and processing. Immediate use-cases  include applications where centrally storing, transmitting, or  processing large amounts of image and video data is unfeasible but  strongly desired. For example, Neural Embedding can assist in video  analytics, where hundreds if not thousands of cameras produce enormous  amounts of video data. Our Neural Embedding can distill the incoming  video data prior to storage and processing, thereby reducing the total  amount of computation required to accomplish the task and saving time,  energy, and infrastructure costs. “Using highly advanced AI  architectures like this will help Aliis address two significant barriers  to intelligent imaging adoption, computation and training.” said Kevin  Gordon, VP of AI Technologies for NexOptic, adding: “Today’s  announcement brings edge-AI advancements to a wider audience, empowering  our clients to tap into imaging data in ways previously unimaginable.”
 
 The patent filed around this, NexOptic’s latest AI offering, also  covers imaging pipelines that would use NexOptic’s Neural Embedding to  enhance images and videos or to reduce processing and storage  complexity, as well as ways for it to be incorporated into larger  systems.
 
 Never intended to be a single AI solution, Aliis leverages the  latest advancements in deep learning to provide clients a growing suite  of powerful tools that better all aspects of imaging. This means that  NexOptic clients can effectively select tailor-made solutions to meet  their desired outcomes.
 
 ALIIS is patented and patent pending.
 
 Additional “Significant Shareholder” Update
 
 Further to NexOptic news, August 26, 2021 (and May 25, 2020) the  Company reports that 3DB, Inc., a private Alberta company disclosed to  be co controlled by Darcy Daugela and/or certain family members and each  of John and Darcy Daugela are no longer owners of their remaining  accessible 5,339,537 common shares in NexOptic.
 
 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 included Aliis in the press kit for its 5G Summit 2021  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. 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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