December 12, 2023

VANCOUVER, British Columbia, December 12, 2023 (ACCESSWIRE) – (“NexOptic”) (TSX VENTURE: NXO) (OTCQB: NXOPF) (FSE: E3O1), a company developing cutting-edge AI and imaging technologies is excited to report the continued onboarding of exceptional new team members to assist with its redirection in 2024 and beyond. Mr. Chris Welker, NexOptic’s newest appointment, brings over 25 years of extensive technology experience spanning diverse industries, including education, legal technology, life sciences, and retail technology. Notably, he previously held the roles of VP, Engineering, and Chief Architect for LegalZoom, playing a pivotal role in spearheading technological initiatives, driving innovation, and ensuring the success of critical projects.

Currently, Mr. Welker holds the prestigious position of VP Technology Chief Architect at Logile, where he continues to lead and shape technological advancements. His focus on developing and executing strategic initiatives has been a constant throughout his career, consistently propelling businesses into exponential growth.

In addition to his executive roles, Mr. Welker has served in advisory capacities at other companies, lending his expertise to guide and elevate their technological strategies.

Mr. Welker is excited to join as a hands-on technology advisor and business advisor for NexOptic, eagerly bringing his wealth of experience and leadership skills to the Company.

NexOptic anticipates announcing additional team member appointments in subsequent news releases as part of its redirection initiatives.

For more information about NexOptic Technology Corp., please visit the Company's website at www.nexoptic.com

What You Need to Know About NexOptic

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™ (All Light Intelligent Imaging Solutions). 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. For more information, visit www.nexoptic.com

Forward-Looking Statements

This news release contains forward-looking statements and forward-looking information (together, “forward-looking statements”) within the meaning of applicable securities laws. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as “plans,” “expects,” “estimates,” “intends,” “anticipates,” “believes” or variations of such words, or statements that certain actions, events or results “may,” “could,” “would,” “might,” “will be taken,” “occur,” or “be achieved.” Forward-looking statements in this news release include, without limitation, the Company’s expectations concerning the size of the Financing, its ability to close the Financing in whole or in part or at all and its plan for the proceeds of the Financing. 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, that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements. Although NexOptic believes that the assumptions and factors used in preparing these forward-looking statements are reasonable based upon the information currently available to management as of the date hereof, actual results and developments may differ materially from those contemplated by these statements. Readers are therefore cautioned not to place undue reliance on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, 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.

Inquiries

Joel Sutherland
Email: investorrelations@nexoptic.com
Tel: +1 (604) 669-7330 ext. 2