NexOptic Announces Live Demonstration of NexCompress™ AI Video Compression

AI Video & Visuals


(“NexOptic”) (TSXV: NXO) (OTCQB: NXOPF) (FSE: E3O1) is pleased to announce a live demonstration of NexCompress™, its proprietary AI for video compression. NexCompress is part of his ALIIS for NexOptic A suite of artificial intelligence imaging solutions. Video bandwidth can be significantly reduced when running on an edge device or in the cloud. It complements and can actually enhance existing CODEC methods currently used by large video streaming companies such as Netflix.

This is an open invitation to all interested parties to join Kevin Gordon, NexOptic’s VP of AI Technologies, as NexOptic discusses NexCompress’ new data compression capabilities. This event is scheduled for April 25, 2023 at 1:15 PM PST. Live stream on YouTube followed by a Q&A session.

NexOptic CEO Paul McKenzie said: “Results are broadcast live. Viewers can compare before and after samples to evaluate bandwidth savings and image quality.”

“People are recognizing the important role that AI-assisted video compression can play in alleviating global pressure on internet bandwidth,” he adds.

“Applied to a variety of different video input scenarios, it can lead to energy consumption reduction and cost savings, and can be applied to many industries, including the huge video streaming industry.”

NexCompress AI is patented and patent pending.

For more information and notifications, please visit https://nexoptic.com/live-event/.

What you need to know about NexOptic

NexOptic, headquartered in Vancouver, Canada, with operations in Seoul, South Korea, is an innovative image processing AI company with the world’s leading patented and patent-pending AI solution for image processing known as ALIIS. offers. (All Light Intelligent Imaging Solutions). NexOptic has had a simultaneous impact on the imaging industry and his AI industry and is a preferred partner for his network of his NVIDIA partners who are members of Arm.® Member of AI Partner Program, Qualcomm® Platform solution ecosystem.

For more information, see: www.nexoptic.com

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws (collectively, “forward-looking statements”). All statements other than statements of historical fact are forward-looking statements. Forward-looking statements generally refer to the use of words such as “plans,” “anticipates,” “estimates,” “intends,” “anticipates,” “believes,” or variations of such words, or the specific actions taken. can be identified by the description of , an event or result “may” . Forward-looking statements in this news release include, but are not limited to, our expectations regarding the size of the financing, our ability to complete all or part of the financing, and our earnings plans for the financing. It will not be. Forward-looking statements involve risks, uncertainties and other factors disclosed under the heading “Risk Factors” and elsewhere in NexOptic’s filings with Canadian securities regulators. and could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such statements. Forward-Looking Statements. Although NexOptic believes that the assumptions and factors used in making these forward-looking statements are reasonable based on information currently available to management, actual results and developments may vary. , may differ significantly from those assumed in these statements. Therefore, readers are cautioned not to place undue reliance on these statements. Except as required by applicable law, we do not make forward-looking statements, whether as a result of new information, future events or otherwise. disclaims any intention or obligation to update or revise any statements relating to

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Source NexOptic Technology Corp.



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