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Nexoptic Technology Corp
Symbol NXO
Shares Issued 147,296,150
Close 2021-09-16 C$ 0.67
Market Cap C$ 98,688,421
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Nexoptic Technology talks up ALIIS energy savings

2021-09-17 13:43 ET - News Release

Mr. Richard Geruson reports

RICHARD GERUSON, NEXOPTIC CHAIRMAN REPORTS: ALIIS PROVIDES SUPERIOR ENERGY SAVINGS

Nexoptic Technology Corp. has outlined competitive advantage in power efficiency in recent client benchmark results for its ALIIS (all light intelligent imaging solutions) Super Resolution.

According to Carbon Trust's 2021 report, Carbon Impact of Video Streaming, the Internet and telecommunications sector accounts for 1.3 per cent of total global greenhouse gas emissions, 44 per cent of which is attributed to mobile networks and data centres. With global internet traffic growing at 26 per cent annually and video streaming accounting for 58 per cent of total traffic, it is clear that media consumption habits have real world implications. The Internet accounts for approximately 10 per cent of global energy usage with estimates reaching as high as 25 per cent by 2025.

"Nexoptic's ALIIS provides superior image quality while also reducing total power consumption in video streaming applications. ALIIS accomplishes this by reducing the overall data transmission requirements for video streaming and through its extremely energy efficient algorithmic design." explains Nexoptic chairman Richard Geruson.

In Nexoptic's recent bid for a high-profile relationship with a semiconductor design company providing solutions to top consumer electronics OEMs (original equipment manufacturer), the company was compared head-to-head with other leading super-resolution products. The performance, and importantly energy efficiency, of Nexoptic's ALIIS solution stood out among the competition, requiring a fraction of the energy to execute its image enhancement while reducing bandwidth consumption tenfold.

"From day one, our team has focused on developing AI technology for the edge and the extreme constraints it puts on deep learning solutions," said Kevin Gordon, Nexoptic's vice-president of artificial intelligence technologies. "As a result, all our solutions lend themselves to requiring far less power than their cloud counterparts. This isn't just good for business, it's good for the planet."

The company will share more benchmarks and third party validation results as they become available in an effort to articulate the value ALIIS can add for companies considering AI-enabled products.

ALIIS in a nutshell

ALIIS 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 smart phones, smart security cameras, Internet of Things 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 its senior AI ecosystem manager set a live global audience attendance record.

About Nexoptic Technology Corp.

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. 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.

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