VANCOUVER, British Columbia, April 06, 2021 (GLOBE NEWSWIRE) — NexOptic Technology Corp. (“NexOptic” or the “Company”) (TSX VENTURE: NXO) (OTCQB: NXOPF) (FSE: E3O1), an optics and Artificial Intelligence (AI) innovator, announced that it has been notified by ARM that larger-than-normal preregistration is taking place leading up to ARM’s next webinar event, exclusively featuring NexOptic, at 8:00 am PST, April 7 2021.
Senior Manager of ARM’s AI Ecosystem, Mary Bennion, will host the live event, also featuring NexOptic’s VP of AI, Kevin Gordon and other key members from NexOptic’s team.
In a recent interview with BBC News Technology Correspondent, Rory Cellan-Jones, ARM’s Chief Executive Simon Segars said, “We’ve been developing capabilities in our processor that allow more and more complex AI algorithms to be run on the processor itself.”
ARM is also increasingly focusing on security for its systems.
Today, Rich Geruson, Chairman of NexOptic said, “Tomorrow’s webinar is a synergistic opportunity for us to reach huge numbers of their customers. We appreciate the tremendous support that ARM is providing us.”
“We see significant advantages between ourselves and ARM’s customers that demand cutting-edge imaging AI,” Geruson added.
ARM has been promoting the NexOptic webinar through a variety of outreach and social media initiatives, most recently a NexOptic publication posted to its Blog portal, which can be viewed here: https://www.arm.com/blogs/blueprint/nexoptic .
As of this morning, approximately 500 registrants from multiple countries have registered to view tomorrow’s webinar. Interested NexOptic shareholders are also able to attend but must preregister here: https://www.brighttalk.com/webcast/17792/473553
Rory Cellan-Jones’ (BBC News) full article on ARM can be viewed here: https://www.bbc.com/news/technology-56614278
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 platform for imaging known as ALIIS™ (All Light Intelligent Imaging Solutions). NexOptic simultaneously influences the optics 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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This press release contains forward-looking information and forward-looking statements within the meaning of applicable securities laws, including, but not limited to, statements with respect to expectations concerning the development of its sports-optic device and technology, and expected results, specifications, capabilities, and applications thereof. The reader is cautioned that forward- looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, assumptions, and other factors which are difficult to predict and that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. Forward-looking statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about the business and the industry and markets in which the Company operates and are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations, including, among others: risks commonly associated with the development of new technologies, including that the Company’s technology, product designs and prototype are at an early stage and additional work will be required to confirm potential applications and feasibility of its technologies or bring product designs to market; the Company may not be able complete product development as currently expected; potential applications of the Company’s technology are based on limited studies and may not be representative of the broader market; the risk that prototypes and designs may not achieve expected results; the Company may not be able to commercialize its technology; the Company may not be able to source components for its products on a cost-effective basis; the Company may not have access to necessary financing on acceptable terms or at all; pending or future patent applications may not be approved as contemplated or at all; and other risks inherent with technology and product development and the business of the Company. Such forward-looking statements should therefore be construed considering such factors. Other than in accordance with its legal or regulatory obligations, the Company is not under any obligation and it expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether because of new information, future events, or otherwise.
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