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Nexoptic Technology Corp V.NXO

Alternate Symbol(s):  NXOPF

NexOptic Technology Corp. is a Canada-based technology company. The Company is engaged in developing artificial intelligence (AI) and imaging products, which enhance how images are either captured, processed, experienced, transferred and/or stored. It is developing technologies relating to imagery and light concentration for lens and image capture systems. The Company's primary focus is its patented and patent pending AI for imaging called All Light Intelligent Imaging Solutions (Aliis). Aliis can reduce storage and streaming requirements needed for videos and images while also improving image quality in all types of environmental conditions. Aliis delivers by learning a camera profile and optimally enhancing, pixel by pixel, its quality and its resolution in a fraction of a second, using edge processing. Its NexCompress, a video compression enhancement solution, offers bandwidth and storage savings for video storage and streaming applications.


TSXV:NXO - Post by User

Post by slowandeasyon Oct 06, 2020 2:11pm
410 Views
Post# 31674365

With all this NXO is going to fail? Hmmmmm!

With all this NXO is going to fail? Hmmmmm!

AM I missing something?
New Korea Hub Will Accelerate Asian Market Operations For NexOptic, Explains Chairman Rich Geruson

 

NexOptic expanding into siliconized artificial intelligence

NexOptic Technology Corp., an optics and Artificial Intelligence innovator, announced that it is opening an office and commencing operations in Seoul, South Korea.

The Seoul office will be responsible for managing NexOptic’s South Korean and regional accounts, which include ongoing dialogues with leading regional OEMs. Additionally, the company is exploring the siliconization of its algorithms – embedding AI directly onto a chip – for sales into entirely new market verticals. Regionally, South Korea, Taiwan and China represent the global hub of siliconized semiconductor supply chains.

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“Our All Light Intelligent Imaging Solutions (ALIIS) products are now ready for deployment on our partner platforms with NVIDIA and Qualcomm, and we anticipate customer deals for sales of ALIIS in the near future,” said Rich Geruson, NexOptic’s Chairman. “Meanwhile, we see huge future opportunity with siliconized AI by making our technology commercially viable for virtually untapped segments of the electronics industry.”

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By siliconizing ALIIS, NexOptic’s delivery points become economical to a much broader array of customers. This will allow for expansion into larger market segments beyond higher-end electronics, such as smartphonesrobotics, and the automotive industry.

NexOptic’s Korean operations are being managed by DaeWon Baek, who has an extensive history of successfully commercializing and licensing software to major global corporations. Mr. Baek is currently CEO of Semicon Network. Co. Ltd. and has previously held executive and VP positions at VoiceSignal and Nuance, and Motorola Korea. NexOptic’s South Korean office will bring on additional technical staff as required during its expansion into siliconized artificial intelligence.

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