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VANCOUVER, Jan. 11, 2019 /CNW/ - NexOptic Technology Corp.
("NexOptic" or the "Company") (TSX VENTURE: NXO) (OTCQX:
NXOPF) (FRANKFURT: E3O1) today announced that Digital Trends
named DoubleTake, NexOptic's "Binoculars Reimagined," the "Top
Tech of CES 2019" for photography.
DoubleTake is one of just 17 stand-out products to be included
in the influential list chosen annually by Digital Trends, a
leading online technology publication that provides comprehensive
product reviews and breaking news to approximately 30 million
monthly unique readers.
"Our teams worked very hard to create a product that not only
redefines an entire industry, but that offers
even more universal appeal than the industry itself,"
said Darcy Daugela, Chairman of
NexOptic. "We are thrilled that Digital Trends included our
DoubleTake product as part of its highly coveted list of CES
award winners and we look forward to announcing further
details regarding DoubleTake's official launch as development
concludes."
DoubleTake is NexOptic's groundbreaking reimagining of
binoculars. Powered by a dual Blade Optics™ lens system,
the device features an equivalent focal length of greater than
500mm, so users can capture spectacular images and
lifelike 4K video. DoubleTake
features a quad-core Ambarella H2
processor, enabling state-of-the-art digital features
such as image stabilization and real-time, high resolution panning,
all viewable through a 5-inch high-definition LCD display.
About the Award
Each year at the Consumer Electronics Show (CES),
Digital Trends selects a small number of the most
innovative and anticipated tech
products across categories such as photography, audio,
computing, and wearables. Past winners of Digital Trends'
"Best of CES Awards" include Panasonic, Sony, and
Samsung. This year's award list can be viewed here:
https://www.digitaltrends.com/awards/best-of-ces-2019/.
About CES
CES has served as the proving ground for innovators and
breakthrough technologies for 50 years, providing a global stage
for companies to introduce their next-generation products to
the marketplace. In 2019, CES attracted more than 180,000 attendees
from 150 countries to Las Vegas in the pursuit of
discovering the world's newest technology products.
About NexOptic Technology Corp.
NexOptic is an innovative optical development company, which
aims to enhance the way we view the world around us. Currently
focused on engineering its first consumer product for the growing
outdoor recreation market, as well as a demonstration prototype for
the mobile device market, NexOptic is aggressively pursuing a
multi-pronged optical innovation strategy. Utilizing Blade Optics™,
the Company's developing suite of optical technologies, NexOptic
can increase aperture sizes within given depth constraints of
various imaging applications. Increasing the aperture size enables
a lens system to have an improved diffraction limit, providing the
potential for greatly increased resolution.
Blade Optics refers to NexOptic's lens designs, algorithms, and
mechanics, which vary from patented to patent-pending, and includes
all of the Company's intellectual property and know-how.
NexOptic trades on the TSX Venture as "NXO", on the OTCQX under
the symbol "NXOPF," and on Frankfurt as "E3O1". More information is
available at www.nexoptic.com.
TSX-V: NXO
OTCQX: NXOPF
Frankfurt: E3O1
Forward-Looking Statements
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.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this news release.
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SOURCE NexOptic Technology Corp.