BrainTech to Enhance NGI Technology Inc.'s Image Processing System With Its BrainTron Classifier.VANCOUVER, B.C.--(BUSINESS WIRE)--Feb. 11, 1998--BRAINTECH Inc. has reached an agreement with NGI (Next Generation Internet) A project of the U.S. government for researching high-speed network technologies for use by federal agencies. See Internet2. Technology Inc. to enhance their Continuous Line SCAN (CL SCAN) image processing image processing Set of computational techniques for analyzing, enhancing, compressing, and reconstructing images. Its main components are importing, in which an image is captured through scanning or digital photography; analysis and manipulation of the image, accomplished system with the BrainTron(TM) classifier. The relationship between BRAINTECH and NGI will realize the next generation of automated defect inspection technology for rolled steel production. NGI Technology builds and supports industrial web inspection systems for the steel industry. The advantage the CL SCAN has over its competitors is the integration of BRAINTECH's BrainTron classifier to its automatic defect recognition system. The automatic defect recognition system allows the system to classify image objects based on a pre-defined defect library without the aid of inspection personnel. Steven Fastert, Vice President Engineering for NGI remarked, "BRAINTECH's classification technology qualifies data for our CL SCAN system. The resulting data optimizes the production process and accurately grades the quality of the steel product." The BrainTron implements the patented technology based on a set of highly adaptive pattern matching 1. pattern matching - A function is defined to take arguments of a particular type, form or value. When applying the function to its actual arguments it is necessary to match the type, form or value of the actual arguments against the formal arguments in some definition. algorithms referred to as the Olson Reticular reticular /re·tic·u·lar/ (-lar) resembling a net. re·tic·u·lar or re·tic·u·lat·ed adj. Resembling a net in form; netlike. Brainstem (ORB) algorithm. The combination of the ORB algorithms and the BrainTron processor represent a major improvement to automatic recognition systems in terms of accuracy, throughput and cost. Proper implementation of a CL SCAN system will allow manufacturers to significantly improve product quality, product yield and overall customer satisfaction. "The BrainTron classifier offers NGI a dedicated processing board that will allow NGI's system to classify objects at their necessary line speeds," comments Owen Jones Owen Jones may refer to:
Founded in 1994, BRAINTECH INC. specializes in the design, development and commercialization of advanced pattern recognition technologies and products. BRAINTECH is dedicated to building highly effective, low-cost adaptive pattern matching recognition systems based on its patented technologies. BRAINTECH INC. shares trade on the OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. under the symbol: BNTI BNTI Blind Nasotracheal Intubation . For further information, please visit the BrainTech web site at http://www.bnti.com . Investor contact: Manfred Kurschner at manfred@bnti.com, 604/986-6121 ext.232 or FAX 604/980-7121. BRAINTECH, ODYSEE, BrainTron are registered trademarks of BRAINTECH INC. The Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995 provides a "safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. " for forward-looking statements. Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by BRAINTECH INC.) contains statements that are forward-looking, such as statements relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the future anticipated direction of the high technology industry, plans for future expansion, various business development activities, planned capital expenditures, future funding sources, anticipated sales growth and potential contracts. Such forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future and, accordingly, such results may differ from those expressed in any forward-looking statements made by or on behalf of Braintech Inc. These risks and uncertainties include, but are not limited to, those relating to development and expansion activities, dependence on existing management, financial activities, domestic and global economic conditions, changes in federal or state income tax laws, and market competition factors. CONTACT: BrainTech Manfred Kurschner (Investor Contact), 604/986-6121, ext.232 manfred@bnti.com |
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