NexOptic Completes Third Engineering Phase of Mobile Device Telephoto Lens Prototype, Orders Parts for Construction - Seite 3

During its initial design stages, NexOptic filed a provisional patent application with the USPTO relating to mobile device lens stack designs. Having completed the third phase, the Company also intends to file a provisional patent application specific to the aforementioned finalized design. Filing of additional patent applications will be ongoing as the company progresses through its development projects.

About NexOptic Technology Corp.

NexOptic is a creative optical development company that aims to enhance the way we view the world around us. Currently focused on the development of its first consumer product for the growing outdoor recreation market, as well as a prototype for the mobile device space, NexOptic is aggressively pursuing commercial product development and perpetual optical innovation. Utilizing Blade Optics™, the Company's developing suite of innovative optical technologies, NexOptic aims to increase apertures within given depth constraints of various imaging applications. Increasing the aperture size enables a lens system to have an improved diffraction limit, thus providing the potential for increased resolution capabilities.

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 OTCQX under the symbol "NXOPF," on the TSX Venture as "NXO," on Frankfurt as "E301" and Berlin as "E301." More information is available at www.nexoptic.com.

On behalf of the Boards of Directors

NexOptic Technology Corp.
John Daugela, CEO & Director

www.NexOptic.com

[e-mail]

+1 (604) 669 - 7330

OTCQX: NXOPF
TSX-V: NXO
Frankfurt: E301
Berlin: E301

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 technology, current or future patent applications, new products and designs, the potential applications of the Company's technologies and its potential markets. 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 is at an early stage and additional work will be required to confirm potential applications and the feasibility thereof; pending or future patent applications may not be approved as contemplated or at all; the Company may not be able complete prototypes and designs as currently expected and prototypes may not achieve expected results; potential applications of the Company's technology are based on limited studies and may not be representative of the broader market; the Company may not be able to commercialize its technology; the Company may not have access to necessary financing on acceptable terms or at all; and other risks inherent with the patent process, transactions of this type and the business of the Company. Such forward-looking statements should therefore be construed in light of 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 as a result of new information, future events or otherwise.