NexOptic Introduces Artificial Intelligence Technology to Transform Photography
Sample of AI Results Soon to be Available on www.nexoptic.com
For the audio version of today's news release please click here
October 30, 2018
Vancouver, Canada - October 30, 2018 - NexOptic Technology Corp. ("NexOptic" or the "Company") (TSX VENTURE: NXO) (OTCQX: NXOPF) (FRANKFURT: E3O1) is pleased to announce that it has developed and continues to refine cutting-edge artificial intelligence networks ('AI') for photography. NexOptic's engineered AI drastically reduces image noise and motion blur common in poor lighting imaging environments by leveraging deep convolutional neural networks. In addition to enhancing image quality, this technology could be used to improve long-range image stabilization and image capture in extreme lighting conditions. NexOptic believes that this technology will have significant commercial applications in a number of industry verticals, and has the potential to be incorporated into its current sport optics and smartphone lens offerings. Results of NexOptic's AI will soon be available for viewing on the Company's website.
Darcy Daugela, P.Eng. and Chairman of NexOptic stated "We have long believed that the future of imaging lies in the harmony between disruptive optics and innovative software." He continued; "Not only does this technology expand the potential applications of our existing long-range imaging capabilities, but it presents new opportunities throughout the broader imaging industry, as this technology can be applied to virtually any imaging system."
NexOptic Retains Market Making Services
NexOptic also announced that, subject to the approval of the TSX Venture Exchange, it has retained Venture Liquidity Providers Inc. (VLP) of Toronto to initiate market-making services. Their services will be undertaken through registered broker, W.D. Latimer Co. Ltd., in accordance with TSX-V policies. NexOptic will pay VLP CAD $5,000 per month for a period of six (6) months with month-to-month services thereafter. The agreement may be terminated at any time by either the Company or VLP. NexOptic and VLP act at arm's length, and VLP will not receive any common shares or options as compensation; however, VLP and its clients may acquire a direct interest in NexOptic's securities.
https://nexoptic.com/2018/10/30/nexoptic-introduces-artificial-intelligence-technology-to-transform-photography/
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