ACCESS Newswire
04 Aug 2021, 07:49 GMT+10
NEW YORK, NY / ACCESSWIRE / ACCESSWIRE / August 3, 2021 / AdvanceTC Ltd (NSX:A88)(OTCQB:ATCLF) (‘AdvanceTC' or the ‘Company') is pleased to announce that the Company, in recognition of its technologies, has established an R&D collaboration with The National University of Malaysia (UKM), a premier Malaysian University under the ambit of the Ministry of Education, Malaysia for the development of cutting-edge AI technologies for mobile camera vision.
The objective is to conduct and to commercialize new generations of application software (Apps) for future mobile/satellite cameras leveraging on new frontiers in the Digital Signal Processing techniques including but not limited to Artificial Intelligence (AI).
The MOA will focus into areas of Image Processing Algorithms and AI For High Performance Future Cameras. This work will be a step into the future of using holographic virtual reality in digital cameras.
Together with the new innovation in the camera hardware, the R&D in the AI and holography for mobile/satellite cameras could revolutionize the design of new mobile cameras for full user experience that opens up new market opportunities in the future.
'This collaboration will bring together the country's brightest minds, advanced research capabilities and global resources to develop one of the most popular modern smartphones component such as mobile/satellite cameras. AdvanceTC and UKM will bring in real-world industry exposure to carry out joint initiatives and research', saidCP Loi, Chief Executive Officer of AdvanceTC Ltd.
The Company will continue to update on progress and inform public on new information.
AdvanceTC is a premier technology company specializing in the design and development of mobile telecommunication and computing devices.
More information on the company can be found at www.advancetc.com
About AdvanceTC Limited
AdvanceTC is a premier company specializing in the design, development and commercialization of high tech mobile wireless computing and telecommunication devices since 2005. AdvanceTC W3, a full Windows® OS microcomputer integrated with cellular telephony capabilities and the Xplore X7 the world's first android smartphone with satellite messaging and emergency service, fully designed and developed using its own patented proprietary technology and engineering innovation.
Follow us on our social media accounts:
https://twitter.com/advancetc_ltd
https://www.instagram.com/advancetc_ltd/
https://www.linkedin.com/company/advancetc/
https://www.facebook.com/advancetcltd/
For further information please contact:
Name: CP Loi / Chief Executive Officer
Email: [email protected]
Website: www.advancetc.com
www.advancetc.us
Forward-Looking Information
This news release contains forward-looking statements relating to the Proposed Transaction, and the future potential of AdvanceTC. Forward-looking statements are often identified by terms such as 'will', 'may', 'should', 'intends', 'anticipates', 'expects', 'plans' and similar expressions. All statements other than statements of historical fact, included in this release are forward-looking statements that involve risks and uncertainties. These risks and uncertainties include, without limitation, the risk that the Proposed Transaction will not be completed due to, among other things, failure to execute definitive documentation, failure to complete satisfactory due diligence, failure to receive the approval of the NSX and the risk that AdvanceTC will not be successful due to, among other things, general risks relating to the mobile application industry, failure of AdvanceTC to gain market acceptance and potential challenges to the intellectual property utilized in AdvanceTC. There can be no assurance that any forward-looking statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
The Company cannot guarantee that any forward-looking statement will materialize and the reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company will only update or revise publicly any of the included forward-looking statements as expressly required by securities laws.
SOURCE: AdvanceTC Ltd
Get a daily dose of St Louis Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to St Louis Star.
More InformationWASHINGTON, D.C.: The Trump administration has started sending some weapons to Ukraine again, just a week after the Pentagon told officials...
ECAULT BEACH, France: On clear days, the white cliffs of the United Kingdom, are visible from northern France, where men, women, and...
ATLANTA, Georgia: The United States is facing its worst measles outbreak in more than three decades, with 1,288 confirmed cases so...
In the past month alone, 23 Israeli soldiers have been killed in Gaza—three more than the number of remaining living hostages held...
LONDON, U.K.: At least 13 people are believed to have taken their own lives as a result of the U.K.'s Post Office scandal, in which...
WASHINGTON, D.C.: Travelers at U.S. airports will no longer need to remove their shoes during security screenings, Department of Homeland...
NEW DELHI, India: India has submitted a revised proposal to the World Trade Organization (WTO) in Geneva to implement retaliatory tariffs...
SAN FRANCISCO, California: Nvidia, the Silicon Valley chipmaker at the heart of the artificial intelligence boom, this week briefly...
REDMOND, Washington: Artificial intelligence is transforming Microsoft's bottom line. The company saved over US$500 million last year...
WASHINGTON, D.C.: A federal rule designed to make it easier for Americans to cancel subscriptions has been blocked by a U.S. appeals...
BASTROP, Texas: In a surprising turn at Elon Musk's X platform, CEO Linda Yaccarino announced she is stepping down, just months after...
NEW YORK CITY, New York: Former British prime minister Rishi Sunak will return to Goldman Sachs in an advisory role, the Wall Street...