| Rich  Geruson, NexOptic Chairman, Debuts the ALIIS™ Video Module, (“AVM”) a  Revolutionary New AI Architecture for Video Processing  			ALIIS™ AI Day Livestreams Today  			 		 		 			 			December 21, 2021 
 VANCOUVER, British Columbia, December 21, 2021 (GLOBE NEWSWIRE) –  NexOptic Technology Corp. (“NexOptic” or the “Company”) (TSX VENTURE:  NXO) (OTCQB: NXOPF) (FSE: E3O1), an innovator in cutting-edge AI, today  debuted its latest innovation and the newest part of its ALIIS program:  “AVM” (the Aliis Video Module). AVM is a revolutionary new video module  that significantly improves efficiency and performance of high frame  rate, high resolution video for both livestream and stored data.
 
 AVM enables much faster processing times and remarkably higher  image quality for real time video enhancement on the edge, cloud, or  anywhere in between. Immediate use-cases include applications where  absolute efficiency and/or performance is critical; it can also be  highly effective in low-power video pipelines. AVM can save companies  money and energy all while delivering higher resolution videos.
 
 “A myriad of clients and industries could potentially benefit from  AVM including the major video streaming companies, as well as smaller  companies,” said Richard Geruson, Chairman of NexOptic. “The industry  norm of treating videos as a series of images has reached its limits;  instead, our new Aliis AVM architecture is able to natively ‘see’  videos, in order to enrich temporal information while being selective  about where it expands during processing.”
 
 NexOptic has filed two patents for AVM covering its model  architecture and model training, and its integration and deployment into  larger imaging systems. These patents are the latest in a growing  family of IP covering the Company’s AI technology.
 
 NexOptic is Pleased to Present ALIIS AI Day, Later Today
 
 A number of the next generation’s talented software creators and  AI innovators, along with many of NexOptic’s shareholders, will be  tuning in live later today (12 noon, PST December 21, 2021) to see  members of NexOptic’s AI team present all things Aliis™, NexOptic’s  AI-enabled computer vision, in what the Company is calling “ALIIS AI  Day.”
 
 “We’re looking forward to today’s presentation on Aliis, where  among other things members of the AI team and I will be discussing  today’s news release in further detail,” said NexOptic’s VP of AI  Technologies, Kevin Gordon. “Today’s YouTube livestream event should be  of interest to industry professionals and aspiring machine learning  talent alike, but it has also been designed to benefit anyone interested  in better understanding leading edge AI-enabled computer vision,  including our valued shareholders.”
 
 Interested parties can join today’s event live by visiting  tinyurl.com/AliisAIDay
 
 Event information is also available on NexOptic’s event page at  nexoptic.com/events.
 
 ALIIS is patented and patent pending.
 
 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. 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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