Connect with us

Artificial Intelligence

Ocutrx Vision Technologies Appoints Three New Directors, Adds Colorado Testing Facility, Offices in Northern and Southern California

GlobeNewswire

Published

on

IRVINE, Calif., June 16, 2020 (GLOBE NEWSWIRE) — In a move to support its solid growth trajectory, Ocutrx Vision Technologies, LLC, the maker of breakthrough augmented-extended reality (AR/XR) glasses, Oculenz™, ORlenz™ and the new OR-Bot™ Surgery Visualization Theatre for operating rooms, today announced that it has added three high-level executives and three new locations.
John H. Bluher, J.D. has joined Ocutrx as its new director of finance. Bluher spent many years on Wall Street, including with Prudential Securities, Janus Capital, and Lehman Brothers. He has also served with the U.S. Securities and Exchange Commission. His expertise is in legal management, financial management and operating growing companies. He is also a specialist in capital management, capitalization structuring, merger and acquisition, private equity, and valuations of companies both public and private. His expertise also includes direct raising of capital and developing shareholder value. Bluher’s skill set will support Ocutrx’s growth within the expanding med-tech and telemedicine industries, as well as help the company develop strategic partnerships with Medical sales companies.  He will also assist Ocutrx as it investigates an IPO for 2021. He will work out of the company’s headquarters in Irvine and sales office in Laguna Beach, California.Simon G. Prosser has also joined the company in the role of global director of surgical applications. Prosser is an experienced business development executive in the medical device space with success driving research and development initiatives around the world for multinational companies. He possesses an impressive resume in the medical device space with multi-continent successes driving medical device sales initiatives in the U.S., Europe, and South America. A Manchester, England native, Prosser spent his early years in the ophthalmic surgical business mostly developing sales in Europe. He has previously been with some of the largest strategics in the ophthalmic sector, and for previous employers, has established multi-millions sales revenue from his hand-selected surgical marketing teams around the globe. His world-knowledge of the ophthalmic industry and leadership will be critical to Ocutrx as the company begins seeking hospital chains and large clinics who are ready to move to a fully digital operating room and embrace the applications of artificial intelligence for surgery applications.Using Ocutrx technology and its advanced Augmented Reality and artificial intelligence software applications, Prosser will help hospitals and clinics integrate into this next digital quantum-shift with the OR-Bot Surgery Visualization Theatre, featuring the ORLenz, the 3D 8K autostereoscopic (no 3D glasses) monitor, and the microscope-type VR viewing and AI analysis. Prosser will be working with Ocutrx medical advisor Dr. Daniel Ting, M.D., Ph.D. a world leader in AI for Ophthalmic Surgeries, to bring a new level of robotics, visual arrays, and haptic sensors to the OR. He will work out of both the Ocutrx sales office in Orange County and the Ocutrx Technologies, Ltd. subsidiary’s Kensington High Street offices in London, England.In addition to Bluher and Prosser, Marc Stenzel has taken the helm as the new director of patient sales and marketing for Ocutrx. With a deep background in low-vision aid sales and marketing, Stenzel has demonstrated a successful career building sales organizations and marketing teams, which has helped bring the ever-advancing technological innovations to people with impaired vision. He has previously worked with low vision companies such as Enhanced Vision, a hardware company, and Telesensory Corp. a leading low vision software products company for visually impaired and the blind. For these past employers he grew their sales into the high multi-millions. His new role will be to lead patient directed marketing efforts for Ocutrx’s Low-Vision Oculenz Division. He will kick off a pre-sales campaign in July of 2020 to respond to the myriad of macular degeneration and low vision patients who have already reached out to Ocutrx for how to buy their products.  Stenzel will work from the Ocutrx’s Silicon Valley Palo Alto offices and the Orange County Sales office.  “We are pleased to welcome Simon, John, and Marc to Team Ocutrx. Each of these amazing individuals brings an extraordinary set of skills that will be valuable in our continuing growth strategy over the near- and longer-terms,” said Michael H. Freeman, CEO/CTO. “These executives have stood out in their careers and proven themselves in high-growth environments, particularly in the fields of healthcare-related technology and innovation.”In addition to the new leadership, Ocutrx is expanding its physical footprint. The company opened new locations in Silicon Valley in Palo Alto, and Laguna Beach, Calif., which will house the company’s northern and southern California and western-states sales teams.Further, as support for returning medical manufacturing from China to the United States, Ocutrx has secured a manufacturing and testing facility in Colorado Springs, Colorado.  This high-tech electronic/mechanical design and manufacturing plant is where the circuit boards and electronics production, along with AR headsets and OR-Bot assembly will take place in the future. “By bolstering our sales operation and increasing domestic production capacity across multiple lines, Ocutrx is poised for significant growth for years to come,” said Mitchael C. Freeman, Ocutrx COO, “We are confident that this enhanced leadership structure and expanded physical infrastructure will bring us to the next level as an innovator and growth augmented-extended reality mainstay.” To learn more about Ocutrx and the company’s groundbreaking technology, please visit http://www.oculenz.com/About Ocutrx
With corporate headquarters in Irvine, Calif., sales offices in northern and southern California; and two research, development and manufacturing labs in the U.S. Midwest, Ocutrx Vision Technologies, LLC is a new breed of Augmented-Extended Reality manufacturing company focusing on the best-connected, lightest-weight, highest-resolution AR headset, housing the largest field-of-vision in the market. The Ocutrx AR headsets boast 60 pixel-per-degree resolution, which is the highest resolution the human eye can see at 20/20.  Ocutrx is focused on AR as a medical device for both surgeons and patients alike to deliver an extended reality experience to both. Ocutrx incorporates its AR/XR headsets with a new fully digital OR-Bot Surgery Visualization Theatre for operating rooms. At a time when worldwide applications for easy-to-wear and easy-to-use AR solutions are being touted as the “next big thing after smartphones,” Ocutrx is creating impactful, revolutionary ARWear for the medical sector. To learn more about Ocutrx, please visit the company website at http://www.oculenz.com/.
Media Contact:
Brenlyn D’Amore
Bastion Elevate (for Ocutrx Vision Technologies)
949-899-3135
brenlyn@bastionelevate.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9ee4ee4d-fab1-4f1d-b59e-d615700e9f1f 

GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Worldwide Smart Retail Industry to 2027 – by Solution, Retail Offering, System, Application & Geography

GlobeNewswire

Published

on

Dublin, July 08, 2020 (GLOBE NEWSWIRE) — The “Smart Retail – Global Market Outlook (2018-2027)” report has been added to ResearchAndMarkets.com’s offering.SoftwareHardwareRetail Offerings Covered:Hardlines and Leisure GoodsFast-moving Consumer GoodsApparel and AccessoriesSystems Covered:Smart LabelVisual MarketingIntelligent SystemSmart Payment SystemOther SystemsApplications Covered:Brand ProtectionFoot-traffic MonitoringInventory ManagementLoyalty Management and PaymentPredictive Equipment MaintenanceSmart Fitting RoomRegions Covered:USCanadaMexicoEuropeGermanyUKItalyFranceSpainRest of EuropeAsia PacificJapanChinaIndiaAustraliaNew ZealandSouth KoreaRest of Asia PacificSouth AmericaArgentinaBrazilChileRest of South AmericaMiddle East & AfricaSaudi ArabiaUAEQatarSouth AfricaRest of Middle East & AfricaWhat our report offers:Market share assessments for the regional and country-level segmentsStrategic recommendations for the new entrantsCovers Market data for the years 2017, 2018, 2019, 2023 and 2027Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.Strategic recommendations in key business segments based on the market estimationsCompetitive landscaping mapping the key common trendsCompany profiling with detailed strategies, financials, and recent developmentsSupply chain trends mapping the latest technological advancementsKey Topics Covered:Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.CONTACT: ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Continue Reading

Artificial Intelligence

NexTech is Presenting at Wall Street Reporter’s “NEXT SUPER STOCK” Livestream Conference on July 9th, 2020

GlobeNewswire

Published

on

NEW YORK and TORONTO, July 08, 2020 (GLOBE NEWSWIRE) — NexTech AR Solutions (NexTech) (OTCQB: NEXCF) (CSE: NTAR) (FSE: N29), an emerging leader in augmented reality for eCommerce, Video Conferencing and Virtual Events, is pleased to announce that NexTech CEO Evan Gappelberg will be presenting at Wall Street Reporter’s “Next Super Stock” livestream conference on July 9th, 2020.
CLICK HERE TO SIGN UPEvan will update investors on NexTech’s latest technological advances, the recent surge in business from its Video Conferencing and Virtual Events platform InfernoAR, plus the company’s record revenue growth, all as the company pursues four multi-billion dollar verticals in AR.NexTech’s live presentation will take place at 12:30PM Eastern, on Thursday July 9th, 2020The 20-minute presentation will be followed by a question and answer session. To learn more about the event, and sign up for free, click:CLICK HERE TO SIGN UPFor those unable to join the live event, a video of the presentation will be posted later.About “Next Super Stock Live!” conference:
Wall Street Reporter’s “NEXT SUPER STOCK Live!” The conference is dedicated to featuring select companies that have near-term catalysts in place which can drive transformational growth (and stock appreciation) in the months ahead.
Recent Company Highlights in 2020:July 2, 2020: Hired Arnaud Amet as Director of Sales for Europe. Mr. Amet situated in Paris, France comes from regional and global sales and marketing roles in Microsoft (MSFT) where he worked for over a decade ending in 2015. He also has significant experience with his own startup in sales and marketing of AR/VR to large brands partnering with Facebook (FB), Huawei and Microsoft.
 
June 29, 2020: signed a contract to supply its InfernoAR video conferencing and virtual events platform to the Dallas Independent School District (Dallas ISD).
 
June 19, 2020: NexTech closed a private placement of 1,528,036 units priced at the market price of $2.10 per unit (the “Units”) for gross proceeds of $3,208,875 (the “Offering”). This financing provides the company with a healthy cash and inventory position of over $7.5million – its highest ever.
 
June 18, 2020: Company announces that it has signed a partner supplier agreement with BDA, LLC. BDA Sports will be using the InfernoAR virtual event platform for their signature annual Think Tank 2020 program for teams in NHL, NBA, MLB, and NFL.
 
June 10, 2020: Company signed a partner agreement and contract to provide its InfernoAR Virtual Events platform services to Skybridge World Dubai clients.  Skybridge is a leading events, exhibition and marketing solutions provider to global corporations whose clients include: Emirates Glass, IBM, Lilly, Henkel, Amgen and many others. NexTech and Skybridge have already solidified their partnership and signed up their first customer, Bohringer Ingelheim.
 
June 4, 2020 The company launched its new ARitize360 app now live and available for a FREE download on both iOS and Android. The app’s 3D scan technology will add to the revenue-generating power of its AR eCommerce solution and its recently launched 3D/AR advertising platform.
 
June 3, 2020: The company achieved record revenue and gross profit for the month of May 2020. Both revenue and gross profit showed dramatic increases in May. Notably, compared to May 2019, the company’s revenue increased 169% to $1,300,000 while gross profit grew 290% to $800,000 representing the highest revenue and gross profit ever achieved in a single month.
 
June 1, 2020 : CEO Evan Gappelberg purchased 100,000 shares. It was reported that on 5/5/2020 he purchased 929,885 common shares of NexTech common stock, this is his fourth buy for the year 2020.
 
May 25, 2020: Signed a contract to supply its Augmented Reality Solutions to a $30 billion market capital, publicly-traded global technology company.
 
May 22, 2020: The company announced very positive results for its recently launched 3D/AR Ad Network which went live on February 4th 2020. Using the company’s 3D/AR ads resulted in a 300% increase in sales conversions, a 32% increase in click-through-rate (CTR) and a 23% lower cost per click than traditional 2D ads.
 
May 21, 2020: InfernoAR Virtual Events platform chosen to supply a $13 billion capital, publicly-traded global insurance company, for their global leadership two day summit starting June 6th.
 
May 19, 2020: Inferno AR integration with Cvent Solutions optimizing the entire InfernoAR event management value chain. Integration with CVENT will broaden the utility and increase the appeal of the platform by helping end-users seamlessly register and become more productive while using the platform.
 
May 14, 2020: Q1 Revenue grows 177% to $2.5 million, Gross Profit grows 267% to $1.3 million, Working Capital of $3.5 million.
 
May 12, 2020: InfernoAR platform integration with all major video platforms including its previously announced integration with Zoom, Microsoft Teams, Skype, and new integrations with Cisco Webex, BlueJeans, Google Hangouts, Google Meet, and GoToMeetings. These critical integrations continue to extend the capabilities of the platform, broaden the utility of the platform and help end-users become even more productive while using the platform.About NexTech AR Solutions Corp.NexTech is one of the leaders in the rapidly growing AR industry, estimated to hit $120 billion by 2022, according to Statista. NexTech, the first publicly traded “pure-play” AR company, began trading on the CSE on October 31st, 2018. NexTech has a two-pronged strategy for rapid growth including growth through acquisition of eCommerce businesses and growth of its omni-channel AR SaaS platform called ARitize™.The company is pursuing four verticals in AR.ARitize™ For eCommerce: The company launched its technologically advanced webAR for eCommerce early in 2019 and has been rapidly signing up customers onto its SaaS platform. Customers include Walther Arms, Wright Brothers, Mr. Steak, and Budweiser. NexTech has the first ​‘full funnel’ end-to-end eCommerce solution for the AR industry including its 3D product capture, 3D ads for Facebook and Google, ‘Try it On’ technology for online apparel, 3D and 360-degree product views, and ‘one click buy’.ARitize™ 3D/AR Advertising Platform: launched in Q1 2020 the ad platform will be the industry’s first end-to-end solution whereby the company will leverage its 3D asset creation into 3D, 360, AR ads. In 2019, according to IDC, global advertising spend will be about $725 billion.InfernoAR: the world’s most advanced Augmented Reality and Video Learning Experience Platform for Events, is a SaaS video platform that integrates Interactive Video, Artificial Intelligence and Augmented Reality in one secure platform to allow enterprises the ability to create the world’s most engaging virtual event management and learning experiences. Automated closed captions and translations to over 64 languages put InfernoAR in a class by itself.ARitize™ Hollywood Studios: expected to launch in 2020, the studio has created a proprietary entertainment venue for which it is producing immersive content using 360 video, and augmented reality as the primary display platform.To learn more, please follow us on Twitter, YouTube, Instagram, LinkedIn, and Facebook, or visit our website: https://www.nextechar.com.On behalf of the Board of NexTech AR Solutions Corp.
Evan Gappelberg
CEO and Director
For further information, please contact:Evan Gappelberg
Chief Executive Officer
info@nextechar.com
The CSE has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.Certain information contained herein may constitute “forward-looking information” under Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as, “will be”, “looking forward” or variations of such words and phrases or statements that certain actions, events or results “will” occur. Forward-looking statements regarding the Company increasing investors awareness are based on the Company’s estimates and are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, levels of activity, performance or achievements of NexTech to be materially different from those expressed or implied by such forward-looking statements or forward-looking information, including capital expenditures and other costs.  There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. NexTech will not update any forward-looking statements or forward-looking information that are incorporated by reference herein, except as required by applicable securities laws.

Continue Reading

Artificial Intelligence

Causality Link Adds Veteran IBM Natural Language Processing (NLP) Engineer Craig Trim as Senior Software Engineer – NLP

GlobeNewswire

Published

on

Salt Lake City, July 08, 2020 (GLOBE NEWSWIRE) — Causality Link, an advanced, artificial intelligence (AI)-driven investment technology provider, today announced the addition of veteran software engineer and natural language processing (NLP) expert Craig Trim as senior software engineer – NLP.Trim joins Causality Link having spent the majority of his 20-year software engineering career with IBM, during which time he contributed to over 200 filed patents. He was most recently a senior managing consultant, leading teams in the inception, creation and deployment of chatbots for top companies in the energy, telecommunications and automotive industries. Joining IBM as an intern in 2000, Trim has since been lead engineer for formal offerings in Watson Group, has led teams developing the auto-generation of knowledge graphs, and has led the design and implementation of large-scale e-commerce sites. In addition to his time at IBM, Trim was chief technology officer for Dristi, a cognitive computing company, where he led research and development to create a first-of-a-kind “Audience OS” and cognitive analytics platform. At Causality Link, Trim will lead efforts to enhance the company’s Research Assistant. This initiative will include increasing the number of data sources ingested, the speed at which the data is processed, the insights garnered from the data and more.“Causality Link is an exciting melding of tried and true technology and cutting-edge innovation that is rare to find and has been instrumental in their success thus far,” said Trim. “I look forward to developing and implementing ways to propel the platform even further to gather more insights from more sources in less time.”“Craig is a true trailblazer in the NLP space,” said Pierre Haren, co-founder and CEO of Causality Link. “During his prolific tenure at IBM, he pioneered the use of NLP in ontology learning to look for relationships between data, which is a critical part of our operation. We are thrilled to bring this inventive thinking to Causality Link as we drive our technology to the next level.”Causality Link’s unique, AI-powered research platform extracts the knowledge contained within millions of documents and other text-based sources to provide investors and analysts with a unique perspective on companies, industries and macroeconomic drivers. By aggregating explicitly stated cause-and-effect relationships between market indicators and company key performance indicators (KPIs), the Causality Link platform provides clients with more significant, longer-lasting, less emotional and more precise insights and forecasts.With the overall aim of improving transparency in financial markets, the Causality Link platform models the forces acting on the markets, leveraging machine learning (ML) and natural language processing (NLP) techniques to weave together the insights and creativity of experts in understanding the causal relationships at work in the financial world. The solution is leading the next wave of AI innovation that leverages technology to combine human knowledge from thousands of authors.About Causality LinkWith its advanced AI-driven research platform, Causality Link helps investment research professionals produce smarter decisions by better understanding the “causal links” between their subjects and various market indicators. Causality Link was formed on the notion that long-term success in AI and Machine Learning requires a balance of human and machine collaboration that leverages the strongest qualities in each. Causality Link’s platform merges explicit expert knowledge of causation – not simply correlation – with the mathematical power of predictive analytics enabling professionals to gain big-picture understanding of the financial markets. Visit www.causalitylink.com to learn more. AttachmentCraig TrimMichael Kingsley
Forefront Communications for Causality Link
212-320-8984
mkingsley@forefrontcomms.com

Continue Reading

Trending

Roboticulized is part of PICANTE Media and Events, a leading media and boutique event organizer in the European Union with a monthly reach of +50,000 readers. The official company (PROSHIRT SRL), has been listed for 4 years in a row among the top 3 Advertising and market research agencies in the local Top Business Romania Microcompanies based on the Financial Reports. Roboticulized digests / hand picks the latest news about the AI industry and serves them to you daily.

Contact us: sales@picante.today

Editorial / PR Submissions

© Roboticulized.com 2019 - 2020 - part of PICANTE Media. All rights reserved. Registered in Romania under Proshirt SRL, Company number: 2134306, EU VAT ID: RO21343605. Office address: Blvd. 1 Decembrie 1918 nr.5, Targu Mures, Romania