ELI Elissa Resources Ltd.

Pristine Surgical and NexOptic Announce Commercial Agreement To Use AI for Single-Use Surgical Endoscopy Explains NexOptic Chairman Rich Geruson

Pristine Surgical and NexOptic Announce Commercial Agreement To Use AI for Single-Use Surgical Endoscopy Explains NexOptic Chairman Rich Geruson

Pristine Surgical and NexOptic enter into an exclusive agreement to deploy NexOptic’s AI-powered image processing neural network in Pristine’s single-use endoscopic visualization platform

MANCHESTER, N.H. and VANCOUVER, British Columbia, April 07, 2021 (GLOBE NEWSWIRE) -- Pristine Surgical LLC and NexOptic Technology Corp. (“NexOptic”) (TSX VENTURE: NXO) (OTCQB: NXOPF) (FSE: E3O1) announced that they have entered into an exclusive partnership to deploy NexOptic’s artificial intelligence (AI) powered imaging technology in Pristine’s single-use endoscopic visualization platform.

NexOptic’s proprietary neural networks, which power their All Light Intelligent Imaging Solutions (ALIIS™), are machine-learning-enabled and allow for more compact, lower-cost, lighter-weight optics with extreme low-light, anti-glare and data compression performance. Combined with faster shutter speeds and reduced motion blur on a variety of platforms, the result is always-sharper images with a myriad of downstream processing advantages.

Pristine Surgical’s single-use endoscopes use high-performance digital image sensors, advanced high-brightness LEDs and powerful graphics-processing hardware and software to deliver high-definition, high-quality images in a single-use surgical endoscope at reduced cost.

The companies will work together to incorporate NexOptic’s Aliis technology into Pristine’s single-use endoscopic visualization platform for image optimization.

“At Pristine, we are able to increase patient safety, improve economics and efficiency and advance the state of the art in endoscopy by incorporating powerful, cutting-edge technologies in a single-use visualization platform,” said Bryan Lord, CEO of Pristine Surgical. “We’re excited to work with NexOptic to use their ALIIS platform to advance our deployment of artificial intelligence capabilities and help us further that mission.”

“Pristine has built the endoscopy platform of the future. By combining our AI expertise with their unique single-use scope design, there’s an immediate opportunity to further advance the surgical visualization platform of tomorrow,” added Paul McKenzie, CEO of NexOptic Technologies. “Today’s announcement is a milestone for NexOptic’s artificial intelligence imaging solutions. I look forward to the future and fully anticipate signing additional clients this year.”

“This is a revolutionary solution that could help millions of patients annually and ensure surgeons can do their jobs in a safer manner, and more effectively,” said Rich Geruson, NexOptic Chairman.



About Pristine Surgical

Pristine Surgical LLC is a single-use surgical visualization company dedicated to improving patient care, safety and efficacy for the more than 25 million endoscopic (arthroscopy and laparoscopy) procedures performed worldwide each year. Pristine’s platform combines high-performance digital image sensors, advanced high-brightness LEDs and powerful graphics processing hardware and software with Pristine Connect, a cloud-based SaaS platform which makes the full surgical episode more efficient for patient, surgeon and surgery center. Pristine’s single-use design eliminates the risks posed by cross-contamination, reduces sterilization and maintenance costs and provides consistently clear images, every time. Headquartered in Manchester, N.H., Pristine Surgical is led by an experienced management team, a seven-person board of managers and a 10-person medical advisory board. For more information on how we See Beyond™, visit .

What You Need to Know About ALIIS and NexOptic Technology Corp.

NexOptic is an innovative imaging AI company headquartered in Vancouver, Canada with operations in Seoul, South Korea, offering a world-leading AI platform for imaging known as ALIIS™ (All Light Intelligent Imaging Solutions). NexOptic simultaneously influences the optics 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 .

Pristine Surgical Contacts

Dave Carey

General Manager, Marketing

Pristine Surgical LLC



585.770.0778



Brad Perriello

Founder, Circle Hill Life Science Communications



617.817.1385

NexOptic Media and Investor Inquiries



604.669.7330 x 202 

NexOptic Sales





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 the Company’s 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.



EN
07/04/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Elissa Resources Ltd.

 PRESS RELEASE

Rich Geruson, NexOptic Chairman, Provides NexCompress™ Performance Ben...

Rich Geruson, NexOptic Chairman, Provides NexCompress™ Performance Benchmarks VANCOUVER, British Columbia, May 25, 2022 (GLOBE NEWSWIRE) -- NexOptic Technology Corp. (“NexOptic” or the “Company”) (TSX VENTURE: NXO) (OTCQB: NXOPF) (FSE: E3O1), an innovator in cutting-edge patented and patent-pending Artificial Intelligence (AI) is pleased to provide performance benchmarks on its recently announced NexCompress™ (please see NexOptic news, April 28, 2022). Operating in the cloud, NexCompress is uniquely different to other NexOptic offerings to date but remains part of the NexOptic ALIIS™ fami...

 PRESS RELEASE

NexOptic Announces Collaboration with Semicon Networks & South Korean ...

NexOptic Announces Collaboration with Semicon Networks & South Korean Government for Auto-Pilot Systems VANCOUVER, British Columbia, May 13, 2022 (GLOBE NEWSWIRE) -- NexOptic Technology Corp. (“NexOptic” or the “Company”) (TSX VENTURE: NXO) (OTCQB: NXOPF) (FSE: E3O1), an innovator in cutting-edge patented and patent-pending Artificial Intelligence (AI) announced today that its ALIIS™ AI has been selected by Semicon Networks of South Korea to bring safer vision solutions to automotive auto-pilot systems. As part of a research and development project funded by the South Korean Go...

 PRESS RELEASE

Rich Geruson, NexOptic Chairman, Introduces Next Generation AI Data Co...

Rich Geruson, NexOptic Chairman, Introduces Next Generation AI Data Compression for Video Imaging VANCOUVER, British Columbia, April 28, 2022 (GLOBE NEWSWIRE) -- NexOptic Technology Corp. (“NexOptic” or the “Company”) (TSX VENTURE: NXO) (OTCQB: NXOPF) (FSE: E3O1), an innovator in cutting-edge patented and patent-pending Artificial Intelligence (AI) introduced its latest AI offering today, an advanced cloud-based data compression method for video called, NexCompress™. Operating in the cloud, NexCompress™ is uniquely different to other NexOptic offerings to date but remains part of the A...

 PRESS RELEASE

Selten Metal enters into RTO Agreement with a Capital Pool Company® – ...

Selten Metal enters into RTO Agreement with a Capital Pool Company® – NexOptic Technology Corp and Selten Amend their Agreement on NexOptic’s THOR Heavy & Light Rare Earth Element Project, Nevada VANCOUVER, British Columbia, March 18, 2022 (GLOBE NEWSWIRE) -- (“NexOptic”) (TSX VENTURE: NXO) (OTCQB: NXOPF) (FSE: E3O1) Further to NexOptic’s February 18th 2022 news release and its December 18, 2021 and November 29, 2021 joint news releases with Selten Metal Corp (“Selten” or “Selten Metal”), NexOptic reports that Selten has entered into a letter agreement with Railtown Capital Corp. (TSXV: R...

 PRESS RELEASE

NexOptic Technology Corp and Selten Metal Corp. Enter into Extension

NexOptic Technology Corp and Selten Metal Corp. Enter into Extension VANCOUVER, British Columbia, Feb. 18, 2022 (GLOBE NEWSWIRE) -- NexOptic Technology Corp. (“NexOptic”) (TSX VENTURE: NXO) (OTCQB: NXOPF) (FSE: E3O1) announces that it has granted Selten Metal Corp an extension to their original agreement as announced via a joint news release on December 16, 2021. The purpose of the extension is to allow Selten additional time to finalize its structuring plans prior to listing in Canada. The agreement grants to Selten an option to earn up to a 100% interest in NexOptic’s wholly owned, THOR...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch