Adlens SXSW 2020 proposal presentation

2. Adaptive lenses change focus like the human eye – enhancing vision in XR, VR and eyewear. Adaptive lenses are the primary solution to key problems that prevent VR and XR from reaching their market potential. These issues cannot be solved by enhancements to software or increased screen resolution alone. Adaptive lenses will make XR and VR experiences more immersive, comfortable and accessible. The technology also has the potential to overcome the natural deterioration in your near eyesight as you age, allowing you to see as well as you did when you were younger.

3. 3 Presbyopia affects everyone over 45 19-Jul-19 Adlens – Master Presentation Deck Adaptive lenses can be paired with eye tracking to create autofocus glasses. • Only 43% completely satisfied with current solutions • 28% have additional pair of glasses US Market for progressive lenses $6bn (Vision Council)

4. 4 AR&VR needs adaptive lens to open up the market 19-Jul-19 Adlens – Master Presentation Deck Adaptive lenses create an optical interface connecting the tech to the eye and brain. • Last pieces of jigsaw to go 2D to 3D • Allows content within 1m, arms reach • No glasses/prescription lenses, increasing comfort, aesthetics and field of view Market for AR/ VR hardware > $50bn in 2022 (IDC)

5. • Everyone is different: − To allow everyone to access the full immersive effect of VR we need to consider their individual prescription • This has the potential to improve: − Resolution − Field of view − Reducing form factor 19-Jul-19 5Adlens – Master Presentation Deck The optical interface

6. Tackling prescription is key to delivering hi-res to the entire market 64% 70% 80% Adults wearing eyewear to correct their vision US 64%* Europe 70% Asia 80% What is more, the research is unambiguous, these figures increase in the decades ahead Just 10% wear contact lenses Source: The Vision Council, USA. 19-Jul-19 6Adlens – Master Presentation Deck

7. Glasses are not the solution 19-Jul-19 7Adlens – Master Presentation Deck

8. Confidential HMDs make users feel uncomfortable and do not give a fully immersive 3D experience 19-Jul-19 8 • Dizziness • Blurred vision • Eye strain • Headache Caused by the Vergence Accommodation Conflict Adlens – Master Presentation Deck

9. 19-Jul-19 9Adlens Limited - 2019 Real World HMDs Display Screen FocalDistance VergenceDistance VergenceDistance FocalDistance Image supplied by rawpixel The Vergence Accommodation Conflict must be solved to allow headsets to be worn for extended periods

10. 19-Jul-19 10 Immersive experience Cues to realistic 3D vision Adlens – Master Presentation Deck FINE STEREOPSIS ELEVATION DEFOCUS BLUR VERGENCE ACCOMMODATION SYNKINESIS KINETIC DEPTH EFFECT AERIAL PERSPECTIVE CHROMATIC ABERRATION RELATIVE SIZE SHADOW STEREOPSIS COARSE STEREOPSIS ABSOLUTE SIZE ACCOMMODATION CURVILINEAR PERSPECTIVE TEXTURE GRADIENT STILES CRAWFORD EFFECT SPHERICAL ABERRATION OCCULTATION CONVERGENCE CONTRASTPERSPECTIVE COLOUR LIGHTING AND SHADE MOTION PARALLAX

11. 19-Jul-19 11 Immersive experience Current head-mounted VR displays Adlens – Master Presentation Deck FINE STEREOPSIS ELEVATION DEFOCUS BLUR VERGENCE ACCOMMODATION SYNKINESIS KINETIC DEPTH EFFECT AERIAL PERSPECTIVE CHROMATIC ABERRATION RELATIVE SIZE SHADOW STEREOPSIS COARSE STEREOPSIS ABSOLUTE SIZE ACCOMMODATION CURVILINEAR PERSPECTIVE TEXTURE GRADIENT STILES CRAWFORD EFFECT SPHERICAL ABERRATION OCCULTATION CONVERGENCE CONTRASTPERSPECTIVE COLOUR LIGHTING AND SHADE MOTION PARALLAX

12. 19-Jul-19 12 Immersive experience Increasing resolution to 60px/degree Adlens – Master Presentation Deck FINE STEREOPSIS ELEVATION DEFOCUS BLUR VERGENCE ACCOMMODATION SYNKINESIS KINETIC DEPTH EFFECT AERIAL PERSPECTIVE CHROMATIC ABERRATION RELATIVE SIZE SHADOW STEREOPSIS COARSE STEREOPSIS ABSOLUTE SIZE ACCOMMODATION CURVILINEAR PERSPECTIVE TEXTURE GRADIENT STILES CRAWFORD EFFECT SPHERICAL ABERRATION OCCULTATION CONVERGENCE CONTRASTPERSPECTIVE COLOUR LIGHTING AND SHADE MOTION PARALLAX

13. 19-Jul-19 13 Immersive experience Add in eye tracking Adlens – Master Presentation Deck FINE STEREOPSIS ELEVATION DEFOCUS BLUR VERGENCE ACCOMMODATION SYNKINESIS KINETIC DEPTH EFFECT AERIAL PERSPECTIVE CHROMATIC ABERRATION RELATIVE SIZE SHADOW STEREOPSIS COARSE STEREOPSIS ABSOLUTE SIZE ACCOMMODATION CURVILINEAR PERSPECTIVE TEXTURE GRADIENT STILES CRAWFORD EFFECT SPHERICAL ABERRATION OCCULTATION CONVERGENCE CONTRASTPERSPECTIVE COLOUR LIGHTING AND SHADE MOTION PARALLAX

14. 19-Jul-19 14 Immersive experience Adding adjustable lens optics Adlens – Master Presentation Deck FINE STEREOPSIS ELEVATION DEFOCUS BLUR VERGENCE ACCOMMODATION SYNKINESIS KINETIC DEPTH EFFECT AERIAL PERSPECTIVE CHROMATIC ABERRATION RELATIVE SIZE SHADOW STEREOPSIS COARSE STEREOPSIS ABSOLUTE SIZE ACCOMMODATION CURVILINEAR PERSPECTIVE TEXTURE GRADIENT STILES CRAWFORD EFFECT SPHERICAL ABERRATION OCCULTATION CONVERGENCE CONTRASTPERSPECTIVE COLOUR LIGHTING AND SHADE MOTION PARALLAX

15. Variable focus is proven to work 15 Koulieris G-A Bui B, Banks MS, Drettakis G (2017).Accommodation and Comfort in Head-mounted Displays, ACM Trans. Graph. 36(4) 87.1-87.11 19-Jul-19 Adlens – 2019 “This study measured the accommodation response for each of the three solutions: namely, DoF rendering, focus-adjustable lenses, and monovision. The results demonstrated that a focus adjustable-lens design is the only solution that can drive accommodation effectively. The other approaches do not drive accommodation and thus do not alleviate the VA conflict”.

16. 19-Jul-19 16Adlens Ltd 2019 Convergence Real and virtual worlds will converge in products of the future Real world Virtual reality

17. Convergence Real and virtual worlds will converge in products of the future, and bring new challenges for optics Real World - Prescription - Presbyopia - Full field of View Virtual Reality - Prescription - VAC - Near field Augmented Reality - Prescription - Presbyopia - Full field of View - VAC - Near field - Image projection distance - Real world magnification

18. The dream

19. 19 Auto-focus eyewear 19-Jul-19 Adlens – 2019 Product Features • All-day comfort • Simple user interface • Automatic eye-tracking • Easy calibration / charging • Silent actuation Frame Features • Weight <30g • Minimal lens and frame thickness • Custom fitting • 12 styles, 3 frame sizes Market Features • Distribution via Independent optical retail • Clinical Rx capture >90%

20. 19-Jul-19 20Adlens – Master Presentation Deck Unlocking high-resolution XR with the Optical Interface

21. v.07 © copyright Adlens Limited 2019. Adlens Ltd. I Chilbrook I Oasis Park I Stanton Harcourt Road I Eynsham I OX29 4TP I United Kingdom Adlens Ltd is incorporated in England and Wales under registration no. 5288859 I VAT no. GB 918486486 Notice of confidentiality.

Adlens SXSW 2020 proposal presentation

Adlens SXSW 2020 proposal presentation

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Adlens SXSW 2020 proposal presentation