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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

Comment by cashyon Oct 05, 2022 10:09am
117 Views
Post# 35006486

RE:RE:RE:RE:RE:Anything????

RE:RE:RE:RE:RE:Anything????Don't Be silly and stinky snake they just hired a new CFO.

Nexoptic Technology Corp (C-NXO) - News Release

 

Nexoptic appoints Cho as CFO

2022-09-20 14:55 ET - News Release
Shares issued 147,431,150
NXO Close 2022-09-20 C$ 0.09

Mr. Paul McKenzie reports

RICH GERUSON, NEXOPTIC CHAIRMAN, ANNOUNCES APPOINTMENT OF NEW CHIEF FINANCIAL OFFICER

Nexoptic Technology Corp. has appointed Chulhyun (Wayne) Cho as its new chief financial officer. Mr. Cho brings a wealth of experience in finance and accounting to the team, including eight years with Deloitte & Touche LLP, where he led various assurance and consulting projects for different types of corporate clients of varying sizes during his tenure. He subsequently served as the head of finance for two large organizations in resource and service industries for six years after leaving Deloitte. With his well-rounded experiences serving as both provider and recipient of professional advisory services, as well as through the public accounting practice he is currently serving as a lead accountant for, Mr. Cho has successfully guided clients both large and small across many industries and geographic regions in identifying risks, developing strategy, and overseeing cross-functional and multinational teams in the execution of internal controls and annual financial statement audits.

Native to South Korea, Mr. Cho possesses a deep understanding of Korean culture, which he has effectively leveraged at various junctures throughout his career. "I am grateful for the opportunity to join and serve an innovative organization, such as Nexoptic. I look forward to working closely with the management team and board members to contribute to the company's future growth," said Mr. Cho on his appointment. "I'm very pleased to be able to appoint as CFO, someone as uniquely qualified to assist us in our future growth initiatives as Wayne Cho," said Paul McKenzie, co-founder and chief executive officer of Nexoptic. "Today's announcement is timely as our Korean subsidiary, NexOptic Asia, continues to become increasingly relevant to our growth strategy."

In addition to his Chartered Professional Accountant, Chartered Accountant (CPA, CA) designation, Mr. Cho holds Certified Internal Auditor (CIA) designation and is currently working toward his Chartered Business Valuator (CBV) designation.

Nexoptic's management and board of directors wish to sincerely thank Samantha Shorter, whom Mr. Cho is replacing as CFO for her professionalism and her many contributions made to the company. Ms. Shorter will remain as a consultant to Nexoptic.

The company also wishes to report that the sales and marketing initiatives specific to its AI (artificial intelligence) suite of technologies, ALIIS, continue with fervour including from its Korean subsidiary operations, NexOptic Asia, with the full support of Nexoptic's highly skilled Canadian AI team members.

Nexoptic also anticipates announcing the appointment of a new investor relations professional soon.

ALIIS in a nutshell

Engineered for today and for the metaverse, ALIIS (All Light Intelligent Imaging Solutions) is a machine-learning AI suite providing significant energy savings, data compression, and enhancements to images and videos everywhere from the edge to the cloud. ALIIS enables faster shutter speeds, superior resolution and sharpness, reduced image noise and motion blur, and enhanced image colour and detail. ALIIS does all this while reducing media file size, making it ideal for the storage and streaming applications. Additionally, ALIIS provides a fundamental "AI for AI" layer that supercharges downstream AI performance.

These patented and patent-pending solutions can be integrated with imaging devices such as smart phones, smart security cameras, Internet of Things (IoT) devices, automotive platforms, medical imaging technologies, DSLR cameras and more.

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 energy savings, data compression, and image and video enhancement known as ALIIS (All Light Intelligent Imaging Solutions). ALIIS is engineered for today and for the metaverse and simultaneously influences the imaging and AI industries. Nexoptic is a member of the Qualcomm Advantage Network, a preferred partner in the NVIDIA Partner Network, and a member of the Arm AI Partner program.

We seek Safe Harbor.


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