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Microcap & Penny Stocks : NexOptic Technology Corp
NXOPF 0.00400-20.0%Oct 31 9:30 AM EDT

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From: togrok5/12/2021 12:31:02 PM
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NexOptic Receives Patent Notice of Allowance from the US Patent Office for Key Artificial Intelligence Discovery May 12, 2021

VANCOUVER, British Columbia, May 12, 2021 (GLOBE NEWSWIRE) – NexOptic Technology Corp. (“NexOptic” or the “Company”) (TSX VENTURE: NXO) (OTCQB: NXOPF) (FSE: E3O1), an innovator in remarkable Artificial Intelligence (AI) imaging, announced that the United States Patent and Trademark Office has issued a Notice of Allowance for an important NexOptic patent application covering low light technology, part of the ALIIS™ (All Light Intelligent Imaging Solutions) AI solution suite.

The patent, once issued, will provide key intellectual property protection for NexOptic’s disruptive AI for all levels of imaging including video, data compression and more. The Company is expecting additional approvals for pending patents and continues to file patents covering all aspects of its allis technology.

“We want our leadership position in AI imaging fortified by a growing patent estate” said Paul McKenzie, Co-Founder and CEO of NexOptic. “This Notice of Allowance is a meaningful step in this direction.”

A Notice of Allowance is an indication that the invention qualifies for a patent and that administrative and other steps are required prior to its issuance. An invention is still considered "patent pending" until the final patent has been issued.

What You Need to Know About ALIIS and NexOptic Technology Corp.

NexOptic is an innovative imaging AI company headquartered in Vancouver, Canada with operations in Seoul, South Korea, offering a world-leading AI suite 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.

Media and Investor Enquiries

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