Mr. John Daugela reports

SPECTRUM ACHIEVES FIRST LIGHT IMAGERY FROM PROTOTYPE AND ANNOUNCES PUBLIC UNVEILING DATE

Nexoptic Technology Corp. and Spectrum Optix Inc. of Calgary, Canada, have completed assembly of their proof-of-concept telescope prototype lens stack and have successfully captured their first set of unprocessed images of the moon.

Alignment and assembly of the optics, construction of the casing, and testing of the full lens stack are complete. The companies are pleased with the unprocessed imaging results from the prototype lens stack. Tests of the prototype delivered image resolutions comparable with conventional five-inch-aperture telescopes while maintaining the device's unique form factor. The prototype incorporates the companies' breakthrough Blade Optics system which allows the entire device to be housed in a body approximately five inches deep while keeping a diagonal aperture of roughly five inches. The prototype's lens stack depth is significantly thinner than comparable conventional telescopes on the market today.

The companies commissioned electrical engineer Larry McNish, a member of the Royal Astronomical Society of Canada, to field test the prototype. Mr. McNish has been an amateur astronomer and astrophotographer for 30 years and has served as president of the Calgary Centre of the Royal Astronomical Society of Canada.

After field testing the prototype, Mr. McNish stated: "I've observed and imaged through a lot of different shapes and sizes of telescopes over the last 30 years. Having the opportunity to take images with the Nexoptic prototype, I believe that they have potentially created a 'paradigm shift' innovation in optical design."

John Daugela, chief executive officer of Spectrum Optix and director of Nexoptic, stated, "I commend our teams for their tremendous efforts and for making this milestone event possible."

He added, "We now aim to completely shift the direction of optical design for many applications from this point forward."

Prototype specifications highlights

Selected specifications of the companies' telescope prototype are as follows:

Focal length:  1,460 millimetres

Aperture:  89.6 by 89.6 mm, square

Spectral band:  486 to 656 nanometres

Field of view:  0.2 by 0.2 degree

Resolution:  2.7 arcsec

Hyperfocal distance:  6.8 kilometres

Overall dimensions of device:  about 10 by nine by nine inches

Camera used for prototype testing:  Point Grey Blackfly S colour, 7.066 by 5.299 mm, 2,048 by 1,536 pixels (3.2 megapixels)

Ruda Cardinal Inc. of Tucson, Ariz., supplies custom optical systems that meet the highest optical standards and assisted the companies in the prototype development process. Following strict procedures and guidelines in inspecting incoming optics and mechanics, all optical components used for the prototype came with a certificate of conformance and data sheets from all the vendors. Furthermore, all components went through a first article inspection process before they were accepted and assembled into the prototype. Ruda's diverse customer base includes clients who require optical systems for market segments such as space, aerospace, military, biomedical, commercial, industrial, lithography and inspection. It provides its expertise and services to Fortune 500 companies, universities, government programs and start-ups. Ruda has been ISO 9001:2008 AS9100 certified since 2007 and is an ITAR-registered company capable of building prototypes to MIL-Spec qualification standards required for air worthiness.

Proprietary software development

Spectrum has completed the initial iteration of its proprietary software that captures, processes and displays images from the prototype. Spectrum is refining its image processing techniques for the prototype unveiling event.

Exclusive prototype unveiling event

The companies will be hosting the first public unveiling of their prototype, in the evening of April 4, 2017, at the H.R. MacMillan Space Centre in Vancouver, B.C. Seating for the event will be limited. The event will be open to members of the media and investment community. For availability, please contact the company exclusively through e-mail. The companies will issue further details on this exclusive engagement in a subsequent news release during the month of March, 2017.

About Nexoptic Technology Corp.

Nexoptic is a publicly traded company, which has an option to acquire, in the aggregate, 100 per cent of Spectrum Optix Inc., a private corporation.

Spectrum is developing technologies relating to imagery and light concentration applications. Utilizing its patent-pending Blade Optics technology, which contains flat lenses, the company aims to disrupt conventional lens and image-capture-based systems.

Spectrum is currently in the final stage of completing its proof-of-concept digital telescope prototype that will utilize its patent-pending Blade Optics technology, other optical elements and electronic components.

Benefits of Blade Optics technology

The companies believe that Blade Optics has the potential to breakdown many of the limitations associated with conventional, curved lens stacks, including:

• Aperture size: allowing the aperture-to-depth ratio to be increased in depth-limited optical devices to permit increased resolution compared with conventional curved optical devices with similar depth;
• Compactness: decreasing the depth of the lens stack would create the possibility of more compact and practical imaging devices.

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